How does Jafza’s F&B industry beat market odds?

efiadmin Food Security

Despite challenging market conditions and stiff competition prevailing in the UAE’s food and beverage (F&B) sector, this industry showed a significant growth out of the Jebel Ali Free Zone (Jafza), the UAE’s premier regional business and logistics hub, in 2017.

According to a recent press statement, the sector’s volume of trade rose to 3.5 million metric tones, valued at AED11.1 billion which accounted for 17.85 percent and 15.37 percent of Dubai’s total F&B volume and value respectively.

As per a BMI report, continuous industry growth has been supported by high disposable incomes in the country with major investment in grocery retail over the past few years.