Dubai World Chamber, 415 international companies are looking at the local food sector opportunities during “Glevoud”

The Dubai World Chamber, one of the three rooms operating under the umbrella of Dubai Chamber, organized a business meeting today on the sidelines of the Glevoud exhibition, the largest food conference and exhibition in the world that takes place at the Dubai World Trade Center during the period from 17 to 21 February 2025.
With the participation of 415 representatives of local and international companies specialized in the food and beverage sector, during the meeting, the latest data was reviewed and the most prominent trends in the sector in the country.
During an introductory presentation of the Dubai World Chamber during the meeting, statistics based on the statements of the “Euromone” Foundation showed that the value of retail sales for the fresh and canned food sector in the country during the past year amounted Electronic to $ 1.1 billion in 2024, with expectations that spending on food purchases will be recorded through e-commerce platforms, an annual growth rate of 12.2% in the period 2025-2028.
It is also expected that sales of the food services sector in the country will increase from $ 17.2 billion in 2023 to 22.7 billion dollars by 2028, to record an annual growth rate of 5.7%.
The introductory offer revealed that the Food and Beverage Sector in Dubai has attracted new foreign investments worth 370.3 million dollars from 2020 until 2024, according to FDI Intelligence data.
The introductory offer indicated that the UAE acquired the largest share of the risk capital investments in the Restaurant Technology Sector, “Restorest Tech” at the level of the Middle East region during the period 2020-2024, where the state recorded investments worth 932.1 million dollars in this sector during the mentioned period according to data “Btbokk.”
The state ranked second among the countries of the Middle East in terms of the value of capital investments in the agricultural technology sector during the same period, as it attracted investments in this sector with a value of $ 386.1 million.
According to the introductory offer, it is expected that retail sales of fresh food in the UAE will increase from 9.1 billion dollars in 2024 to $ 11.3 billion in 2029, to achieve an annual growth rate of 4.48%, and meat captures the largest share of this category sales, as it reached value Retail sales of $ 2.9 billion in 2024, with expectations that an annual growth rate will achieve 5.5% in the period from 2024 – 2029, and vegetables come second with sales of $ 2.6 billion in 2024, with expectations that an annual growth rate will achieve 4.2 % In the same period, according to Euromiteur data.
The offer showed expectations of a rise in retail sales of canned food in the country from 7.2 billion dollars in 2024 to 9 billion dollars in 2029, to record an annual growth rate of 4.53%.
The basic foodstuffs, such as corn, rice and wheat, acquire the largest share of the sales of this category, as the sales of basic foodstuffs last year amounted to $ 2.5 billion, with expectations that an annual growth rate will achieve 4.9% in the period from 2024-2029, followed by the rank The second is dairy products with sales of $ 2.2 billion in 2024, with an annual growth rate of 3.8% in the same period.
According to the introductory offer for the DP World, it is expected that retail sales of beverages in the country will increase from $ 1.7 billion in 2024 to $ 2.3 billion in 2029, making an annual growth rate of 5.7%.
The water -filled water acquires the largest share of the sales of this category, as sales of $ 667 million in 2024 were recorded, with expectations that a compound annual growth rate will be recorded by 5.7% in the period from 2024 – 2029, followed by soft drinks whose sales value during the past year reached 401 One million dollars.