food demand

GCC F&B industry experiencing unprecedented growth buoyed by rising population & tourists arrivals, says report

  • Food consumption alone expected to reach 51.9 million metric tons by 2019
  • CAGR of 3.5 per cent in food consumption between 2014 and 2019 projected
  • Tourist arrivals forecasted to witness annual average growth of 7.8 per cent between 2014 and 2024 to further drive food demand
  • 70 per cent of food products imported, wit