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Facts and Figures: F&B Manufacturing Business Group Announces Annual UAE Food Industry Report

Facts and Figures: F&B Manufacturing Business Group Announces Annual UAE Food Industry Report

  • Facts and Figures: F&B Manufacturing Business Group Announces Annual UAE Food Industry Report

The Food and Beverage Manufacturing Business Group (FBMG) has revealed its report entitled Yearly UAE Food Industry Record, readied to be launched in the upcoming Gulfood Manufacturing exhibit in November 2017.

Conducted in partnership with the Dubai Chamber of Business and Industry and Gulfood Manufacturing, the record looks for to catalyse the growth of the F&B production industry in the UAE. It evaluates exact information to much better understand the demands and obstacles of details sectors, and unite industry leaders and choice manufacturers to resolve them. Ultimately, the searchings for will help develop more reliable labor force growth programs, services, and plans that far better prepare local and expatriate staffers within the sector.

Saleh Abdullah Lootah, Chairman of FBMG, said: "We, at the Food and Beverage Production Business Group, have made it our goal to establish the F&B market in the UAE, not just to place it on the same level with its global counterparts, however to likewise turn the Emirates into an F&B manufacturing hub for the whole region. By publishing the Annual UAE Food Industry Record, we will be playing our part in assisting stakeholders and choice makers in the sector make audio choices based in precise, verifiable information. The study mines data from every resource regarded appropriate to the F&B manufacturing market, organises it, and attracts essential conclusions from it."

" The report allows stakeholders within the sector to consider the F&B industry from different viewpoints, analyzing the publicly readily available data, and using it when checking out plan changes, progress in application strategies, and global supply-chain characteristics," H.E. Lootah clarified. "The record develops harmony among the numerous stakeholders within the industry, thus adding worth to the whole industry."

The study adopts on a two-pronged strategy to research, relying upon both measurable and qualitative research study approaches. The qualitative technique contains 30 interviews performed in each of the seven emirates - albeit with a bigger example prepared for Dubai, Abu Dhabi, and Sharjah. Interviews will cover all stakeholders from customers to manufacturers to distributors. These interviews, however, relocate away from the traditional Q&A style and decide, rather, for a discussion between the recruiter and the respondent based around a subject guide. This approach generates better details, focusing, particularly, on areas of key importance to the respondent.

The quantitative research,, meanwhile, consists of a study - titled the Needs and Opportunities Survey - set to be conducted in July to September of 2017. The study canvasses high-ranking execs and tokens from across the food and beverage manufacturing industry throughout the seven emirates. A census was embarked on to identify the number of firms running within the sector; the results signed up 250-300 business, all which will be contacted. Along with that, the record consider outside information consisting of government statistics by emirate, internet searches and trade press, global trade information (imports/exports), FAO data, etc.

Mark Napier, Director of Gulfood Manufacturing, said: "Gulfood Production applauds such initiatives that will additionally speed up development in the food manufacturing industry. This abundant market insight will certainly give captains of industry and financiers with the insight and evaluation to guide and shape their financial investment in plant, procedure, and machinery.”

The record's material is extensive, covering a number of key aspects and facts of the F&B manufacturing market. It covers such subjects as: Food and beverage industry today and tomorrow (global, regional and local introduction); industry sector descriptions and food processing worth chain; category of the F&B industry right into item categories; instances of success tales in local F&B production; chance assessment by F&B product category; and infrastructure and guidelines.

The research goes on to evaluate the present condition of the food processing and manufacturing industry, considering growth in populace, tourism and resorts; payment to the local economic situation and to GDP. For full openness, the collected information will certainly be made available on the committed F&B data platform, developed as part of the FLW Protocol implementation process in the UAE, proclaimed by the FBMG itself. This will promote the Emirates as a regional center for the food manufacturing and processing sector.

Established under the auspices of the Dubai Chamber of Business and Industry, the Food & Beverage Manufacturing Business Group (FBMG) looks for to develop a platform for F&B manufacturers to solve industry-related challenges and take the field in the UAE to better elevations. Subscription is open to any kind of business operating in the food & drink manufacturing sector in the country.

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