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FINANCIAL NEWS
UAE’s F&B takes center stage amid 4.3 percent rise in 2014
16 Nov 2015
(MENAFN) Emeriti food and beverage (F&B) sector has recently adapted into a source and a ground start for fresh innovative start-ups, which can be traced, in part, to healthy eating trends, which are clearly on an upswing.
Accordingly, reports and studies show that the consumer faction is frequently growing to embrace a younger generation that is a lot more conscious about their diets, fitness levels and overall health.
However, today’s marketplace is not just overcrowded, it also breeds fierce competition, thus you’ll fail to compete without ensuring that your product is unique with a reasonable price point.
Generally, Last year, the sector grew at 4.3 percent and was worth an impressive USD79.1 billion, making the MENA region’s F&B franchising sector the second-fastest growing in the world after Asia-Pacific.
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