Fears are mounting that a big chunk of India’s food exports would be hit after suggestions emerged that Saudi Arabia and the United Arab Emirates would halt billions of dollars of imports because of issues surrounding quality.
Better cold chain infrastructure is boosting consumer preferences for frozen processed halal meat and poultry, cold drinks and flavoured milks across the Middle East — a region that is being tipped to drive industry growth to 2030.
This year’s Gulfood show takes place against the backdrop of rising regional investment in food production, with international manufacturers increasingly seeing the Middle East as a lucrative market for their goods.
A Gulf-wide goods and services tax that will come into effect next year has been one of the main talking points among companies exhibiting at Gulfood Manufacturing this year, with its ripple effect likely to impact business in the food industry.
New estimates suggest that the Middle East will consume nearly 60m tonnes of food annually by 2050 due to soaring population growth, putting pressure on governments to find ways to secure their supplies.