Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Food Industry


Kingdom's leading food industry firms to leverage MENA's largest industrial food and beverage manufacturing and processing event to spur inward investment as part of Saudi Vision 2030 plan to diversify economy 

Dubai, UAE – 12 October 2017:  Saudi Arabia's leading food industry companies are gearing up for the fourth edition of Gulfood Manufacturing, running from 31 October and 2 November at Dubai World Trade Centre (DWTC), to demonstrate how regional food manufacturing firms and the global industry at large can play a significant role in the innovative Saudi Vision 2030 plan for a sustainable, diversified economy. 

According to a recent BMI report, Saudi Arabia's food and beverage industry already accounts for 12 per cent of the country's annual GDP and is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.9 per cent through to 2020. As the Gulf's most populous nation, the Kingdom ranks as the GCC's largest food manufacturer and is the origin of 74.1 per cent of the region's total food and diary production.

Those healthy statistics coupled with economic reforms and a growing youth population with greater disposable incomes and exposure to Western trends has stimulated a change in eating patterns, spurring abundant growth in-market opportunities for the global food and beverage industry.

Government-endorsed programmes such as food security focused King Abdulla's Initiative for Saudi Agricultural Investment Abroad have reinforced the Kingdom's commitment to become a manufacturing heavyweight by enabling domestic food manufactures to compete on an international level in terms of their product technology, price and quality.

Against this backdrop, Gulfood Manufacturing 2017 highlights an array of investment avenues for local, regional and international firms in terms of entry and expansion into Saudi Arabia, as well as offering Saudi manufacturers with the opportunity to network and facilitate potential partnerships with buyers from across the MENA region and beyond.

“With Saudi Arabia occupying such a crucial position in the regional and global food supply chain landscape, and with the ongoing plans for reform and diversification, Gulfood Manufacturing is a strategic platform in the business growth strategies of key players already operating, or exploring expansion opportunities, in the Kingdom,” said Trixie LohMirmand, Senior Vice President, Exhibitions & Events Management, DWTC, which organizes the show.
One Saudi Arabian exhibitor returning to Gulfood Manufacturing is First for Food, which will be showcasing its latest innovations for Ingredients and Processing and Packaging at the three-day mega industry event.

“Thanks to the visionary Saudi leadership, obstacles that many investors previously faced in the GCC's largest food market will gradually fade, and there are great opportunities that have not been exploited in our domestic food industry. To this day, the Kingdom imports 50 per cent of its daily consumer products - this indicates that the food industry is full of opportunities, especially if partnerships are held with the parent manufacturers,” Dr. Ihab Jaffan, Sales Director at First for Food, which will be exhibiting in Hall 1, stand B1-24.

“Gulfood Manufacturing is extremely important as a sourcing platform for us, it allows us to put our experience of more than 23 years at their service,” added Jaffan, whose firm specialises in providing full-spectrum services across the bakery and confectionary sector. “This exhibition boosts investor confidence and helps drive business across the region.”

First For Food is one of more than 1,600 exhibitors from more than 60 countries and 30 national pavilions showcasing the latest innovations, with first-time participation from countries including Poland and the CIS.

To ensure participating companies can connect with the right partners and investors, Gulfood Manufacturing 2017 will host the ‘Big Buyers' Programme, which will collect more than 2,000 pre-qualified buyers with a pre-determined budget from across the Middle East and Africa.

Also new for this year are the Gulfood Manufacturing Awards, which will recognise industry excellence in a glittering ceremony on the evening of October 31, while the Innovation Tours will offer visitors a memorable journey showing real-life innovations within some of the region's top, award-winning food factories.
An industry-leading conference will also be held on the sidelines of the exhibition featuring in-depth analysis, debate and discussion on topics including digitisation in the food manufacturing industry, smart manufacturing, big data and analytics.

Gulfood Manufacturing 2017 opens from 10 am – 6 pm on 31 October and 1 November, and 10 am – 5 pm on 2 November 2017. The show is open to F&B trade professionals only and visitor attendance is free of charge. 

Posted by : GoDubai Editorial Team
Viewed 25766 times
Posted on : Thursday, October 12, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Coffee at the touch of a button with ‘Quespresso'
Next Story : The great taste of Lavazza coffee now available in an instant!
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Top Perfume Picks for Mother's Day @ Glambeaute.com
Filorga Launches Lift Range
Nissan's e-POWER technology wins environmental award
The Global Sensation UFO Lands in Europe at Cosmoprof 2018
Max launches its Inaugural Abaya Collection
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha
Drink yourself to looking younger with Skinade
Mother's Day Offer from Blush N Curls Salon
It's Mother's Day!
Corporate Power Dressing redefined at Kachins Signature
The V-Tox Facial by Linda Meredith Skincare
Al-Futtaim Honda launches 10th generation Honda Accord
GMC sets a new GUINNESS WORLD RECORDS title in partnership with Abu Dhabi Police
LULU Organic Food Activation
The only line you'll love in your face – your perfect jawline!
OMEGA Launches its NATO Strap “Pop-Up Boutique” in Paris
ba&sh's Spring-Summer collection 2018
Raymond Weil introduces the Maestro Blues
Cadillac Alghanim kicks off world-class opportunity in Kuwait
GUESS Unveils the Kids Spring 2018 Collection and Campaign
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal
Milan-san Remo a Dream Target as Uae Team Emirates Announce Super-seven Line Up
The Spring Summer 18 Womenswear Collection
Beyond Beauty partners with Platinum Records to position teen sensation Hala Al ...
Awqaf and Minors Affairs Foundation Attracts 1200 Emirati Job Seekers at Careers...
Join the UAEs first Women's Warrior Challenge.
Samsung Mother's Day Blurbs 2018
Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum Inaugurates SIKK...
Sanofi introduces innovative therapy to help address high unmet medical needs of...
UAE's first ICU Symposium attracts over 150 of GCCs top healthcare professionals
Scuderia Ferrari Father & Son Gift Set
From Jade to Diamond
SOUQ welcomes 3M's innovative products to serve everyday customer needs
10th Emirates Airline Festival of Literature Ends with a Bang!
Velvet Caviar meets Roger Dubuis Diva power
Lufthansa Group achieves best result in its history
Centrepoint Partners With Anghami To Launch New Talent Sessions
Alexey Firsov Solo Exhibition
Agreement signed in the presence of His Highness Sheikh Mohammed Bin Zayed Al Na...
Dubai ranked amongst the world's top destinations for FDI in the real estate market
Business of beauty goes green at Beautyworld Middle East 2018 as Natural & Organ...
2XL launches “Caspar” living room collection in grey
Dubai WoodShow takes off with more than 300 exhibitors from 55 countries and six...
10 Must-see Activities at Dubai International Horse Fair This Week
Top Picks for Babies & Kids @ Glambeaute.com
Galeries Lafayette Le Gourmet Food Fest returns back to City Walk
24,208 school pupils take part in inspirational ‘lema?' sessions
Sleep deprivation in children can lead to obesity and diabetes
IKEA launches the OMEDELBAR limited-edition collection!