Ras Al Khaimah Economic Zone (RAKEZ) is participating in the annual Gulfood exhibition, the region’s largest F&B event, which is taking place at Dubai World Trade Center through 22nd February.

RAKEZ is dedicated to offering global investors complete business solutions for establishing and growing their presence in the UAE’s flourishing food and beverage industry.

At this year’s Gulfood, RAKEZ is showcasing its tailored business set-up solutions designed to support over F&B 5,500 exhibitors and investors from more than 190 countries in leveraging the opportunities presented by Ras Al Khaimah’s dynamic economic landscape and the wider UAE market.

According to the statement, RAKEZ is home to nearly 1,000 F&B companies, spanning diverse sectors within the industry, including F&B trading, catering, and F&B services, distribution, and logistics, as well as F&B manufacturing, among many others.

The country’s F&B sector is experiencing a significant boom, driven by a growing expat population, high disposable incomes, diverse cultural tastes, and a robust GDP.

A Statista report highlights the industry’s bright future, projecting that per capita spending in the UAE’s F&B sector will reach approximately $3811 (AED14,000) by 2025. This optimistic outlook positions the UAE as a fertile ground for F&B businesses seeking growth and innovation, as per the statement.