RAKEZ Dominates Gulfood 2024 with F&B Business Set-Up Solutions in UAE's Thriving Market

10x Industry

Mokshita P.
10x Industry
Published:

RAKEZ Dominates Gulfood 2024 with F&B Business Set-Up Solutions in UAE's Thriving Market

RAKEZ, a key player in Ras Al Khaimah's economic landscape, unveils business solutions at Gulfood, aiming to capitalise on the booming UAE F&B sector's bright future.

Ras Al Khaimah Economic Zone is participating in the annual Gulfood exhibition, the largest Food and Beverage event in the region, held at the Dubai World Trade Center until February 22. RAKEZ is steadfast in its dedication to providing global investors with business solutions to establish and expand their presence in the thriving UAE F&B industry.

The F&B sector in the country is currently undergoing a boom, led by factors such as a growing expatriate population, high disposable incomes, diverse cultural tastes, and a robust GDP. According to a Statista report, the future looks promising for the industry, projecting per capita spending in the UAE’s F&B sector to reach approximately AED 14,000 by 2025. This optimistic outlook positions the UAE as a fertile ground for F&B businesses seeking growth and innovation.

Ramy Jallad, CEO of RAKEZ Group, expressed, “A new global chapter is unfolding in the future of food with great technological advancements being unveiled at Gulfood. It’s time to innovate for a more sustainable, thoughtful, and brighter future for the entire F&B ecosystem across the world. RAKEZ is committed to being at the forefront of this transformation, providing a nurturing environment for F&B companies to thrive in Ras Al Khaimah and seamlessly cater to the regional markets.”

RAKEZ currently hosts nearly 1,000 F&B companies across various sectors within the industry, including F&B trading, catering and F&B services, distribution and logistics, as well as F&B manufacturing. At this year’s Gulfood exhibition, RAKEZ is showcasing its business set-up solutions designed to support over 5,500 F&B exhibitors and investors from more than 190 countries. This aims to help businesses provide the opportunities presented by Ras Al Khaimah’s economic landscape and the wider UAE market.

The consistent participation of RAKEZ in Gulfood is a testament to its ongoing commitment to the F&B industry. It provides unmatched opportunities for businesses to connect, collaborate, and contribute to creating a sustainable future for the global food industry.