A total of 6,478 new Food and Beverage (F&B) companies joined the Dubai Chamber of Commerce in 2023, it has been shared, which represents year-over-year growth of 19.4 per cent.
Further, at the end of last year, the total number of F&B companies registered stood at 22,585 at the end of 2023, an increase of 22.7 per cent compared to 2022.
The chamber shared that it has launched 11 Business Groups dedicated to the industry, eight of which were established in 2023, with the aim of advancing the interests of F&B companies, enhancing the private sector’s contribution to policymaking and legislation, and stimulating the growth of the industry.
“We believe in the power of public-private sector partnerships to achieve the goals of the Dubai Economic Agenda (D33) and the National Food Security Strategy 2051. Our Business Groups play a key role in working and collaborating with various F&B segments to ensure we maintain the competitiveness of private sector companies within this vital industry,” said His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers.
The F&B Business Groups currently operating under the umbrella of the Dubai Chamber of Commerce include the UAE Food & Beverage Manufacturers Group, Fruit and Vegetable Traders Business Group, UAE Restaurants Group, Bottled Water Business Group, Agribusiness Business Group, Chocolate and Confectionery Business Group, HORECA Traders Business Group, Meat and Poultry Business Group, Bakeries Business Group, Organic Food Business Group, and Coffee Business Group.