The UAE's food and beverage industry contributed 25 per cent of the country's manufacturing GDP
Revenue totalled US$7.63 billion
The UAE is home to more than 2,000 food and beverage companies that generate annual revenue of $7.63 billion, contributing 25 per cent of the country's GDP in manufacturing and second only to the oil and gas industry. This was revealed by the UAE Food Company in its annual food and beverage industry report for 2023.
The report also highlights the strong growth in urban commerce, highlighting key trends shaping the industry and the growing importance of affordability in consumer brand choices.
Notably, the snacks and bakery categories are leading the growth, outpacing the overall development of the sector.
At the same time, the UAE beverages segment is experiencing strong growth, with the sports drinks segment leading the way at 15%, despite an overall price increase of 134% in soft drinks; the trend is for smaller beverage players to outperform the industry leaders.
The convenience food category has seen a welcome recovery from the pandemic, with sub-segments such as eggs, vegetable oil and desserts growing by 18 per cent, 30 per cent and 21 per cent respectively. This was reported by ANI, a partner of TV BRICS.
The study also showed that the dairy segment is growing at 16 per cent, thanks to growing consumer awareness of the importance of a balanced and healthy diet.
Photo: IStock
-
![]()
Economy08.09.26Expert: BRICS offers new opportunities for Africa’s economic growth -
![]()
Economy08.09.26Brazilian agricultural exports increase by 11.4% in month -
![]()
Economy07.09.26Kazakhstan seeks to develop investment projects within BRICS -
![]()
Economy07.09.26Expert: Iran can strengthen BRICS financial and development cooperation -
![]()
Economy07.09.26BRICS+ accelerates trade through digital economy and technology sharing -
![]()
Economy05.09.26India to build 100 new airports over next 10 years
-
![Vladimir Putin]()
Vladimir PutinPresident of Russia"We are developing mutual trade, which is growing; it increased by over 12 per cent last year. We have a joint commission working in this sphere. Our focus is on agriculture, shipbuilding, information technology and energy, including nuclear power. We have signed a free trade agreement between the Eurasian Economic Union and Indonesia. Jakarta is our reliable and old friend within ASEAN. We are working together at all international platforms, including the UN" -
![Vladimir Putin]()
Vladimir PutinPresident of Russia"More and more Iranian students are choosing Russian education. We are very pleased about this. A great many future doctors are studying in Russia. In the 2025–2026 academic year, the number of Iranian students in Russia approached 10,000, with 802 of them studying at the expense of the Russian state budget" -
![Xi Jinping]()
Xi JinpingPresident of the People’s Republic of China"The foundation of our bilateral relations will only grow stronger, and we will confidently move forward to a better future. […] The striving of nations on our planet for peace, development, cooperation and mutual benefit remains unchanged. The vital mission of the Shanghai Cooperation Organisation is to maintain stability and promote the development of our region" -
![Alisher Salomov]()
Alisher SalomovAdviser to the Chairman of the National Committee for Ecology and Climate Change of the Republic of Uzbekistan"First and foremost, I would like to highlight the importance of this Central Asia–Russia initiative, because environmental problems know no borders, and only a shared understanding of these problems and the search for joint solutions can deliver positive results" -
![Joao Paulo Capobianco]()
Joao Paulo CapobiancoBrazilian Minister of the Environment and Climate Change"The BRICS countries have a very high level of responsibility because they share an important part of the world's biodiversity, landscapes, populations, food production and water resources. So, we have an opportunity to lead by example. We have our development bank, which can demonstrate and develop new ways of financing programmes. We can reduce the risks for private capital to invest in restoration and efforts to combat desertification"
