GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Food Industry

 
  Share

Number of F&B outlets in UAE are predicted to go up to 19,000 by 2020 from the current 16,200: Industry Report

As the UAE continues to become a melting pot of cultures from across the globe, the number of premium, fast casual food concepts in the country is growing at a much faster pace than any other segment in the food sector with exponential growth anticipated over the next four to five years, according to a leading industry player.

Glee Hospitality Solutions, which has carved a niche by creating, developing and operating successful Home Grown restaurant concepts in the Middle East, feels that cuisines from all over the world are increasing in popularity in the UAE as it has become a microcosm of the globe with a multitude of nationalities and culture either residing or travelling to the UAE, thanks to its myriad attractions and advantages.

As the UAE becomes the culinary capital of the world, an industry survey by KPMG states that quick service restaurants and cafes continues to be the most popular formats in the UAE and by 2020 the number of F&B establishments in the country is predicted to go up by 19,000 from the current 16,200 and revenue in the local F&B industry up to 2020 is likely to outstrip growth of outlets by around 30%.

According to Glee Hospitality, the increased focus is on providing a wide variety of healthier eating options in the premium, fast food category, causing health conscious customers to shift to fast casual brands with an added luxury of proper dining in an upscale decor.

“Today's consumers are shifting their dining preferences and trend is towards more modern, premium, casual and social experiences. Variety is the buzzword – something that the UAE offers through its consumer demography. Then, there is a heavy emphasis on quality, nutrition and ambience. So, a menu designed to appeal to quality-conscious consumers will drive in consumers,” said Abdul Kader Saadi, Managing Director at Glee Hospitality Solutions.

By 2020, the UAE market is bound to grow by leaps and bounds, primarily because of the scale and magnitude of world-class events such as Expo 2020 and Dubai Parks. The need of the hour, hence, is to get the planning right, so that the latest trends in the market are factored in.

“Fast casual restaurants have been modest to keep them competitive but the effort is to raise operational efficiencies to start with. This is where Glee Hospitality comes into the picture, due to the expertise it brings to the table in managing new food concepts and its involvement in auditing, strategy planning and operational support in creating a good business opportunity for the concept,” said Saadi.

Moreover, with phenomenal growth envisaged in the hospitality industry, particularly the room portfolio in the wake of global events such as Expo 2020 and the 2022 FIFA World Cup in Qatar, which will bring in over 90,000 rooms across 350 hotels under construction, the demand for premium, fast casual food & beverage outlets cannot be understated.

“As hospitality consultants, one of our most important part of our pre-opening service is the concept development where we have to be up-to-date about the current market surveys, researches and trends in order to develop the concepts. As per the current market trend, Glee's focus lies towards premium fast casual food concepts offering fascinating menus, fresh components, and modern elements of design,” Saadi summed up.



Posted by : GoDubai Editorial Team
Viewed 9778 times
Posted on : Monday, October 17, 2016  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Monin Cup 2016 UAE to inspire creativity in young F&B industry professionals
Next Story : Tetra Pak opens an Innovation Centre to boost Food and Beverage Innovation in Middle East and Africa
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Time for Some AIGNER Love
RUNWAY DUBAI creates a new buzz campaign for fashion tourism
Reverse the effects of hair fall with Crescina Re-Growth HFSC Shampoo
Achieve whiter teeth at home with Spotlight Teeth White Strips
Skyline Conducted Women of Substance: A Panel Discussion on Women Empowerment
UAE National Day celebrated in Skyline Carnival 2017
SUC signed MOU with Waldorf Astoria Ras Al Khaimah
Golden Bridge Rectangle Diamonds Celebrates The Virtuosity Of Art Deco Design Genius
SUC conducted Tour Guide Training Program for SCTDA
Calvin Klein Presents Steadfast Collection
Gift gorgeous skin this festive season.
NIVEA MEN and Real Madrid Extend Partnership Globally Covering 70+ Countries
Sthan, bringing you authentic Frontier food from beyond borders, is now open in Dubai
Mohammed bin Rashid Launches UAE Astronaut Programme
Absolutely Rejuvenated Skin to Start the New Year
BOSS watches presents Navigator Collection
Coach Women's Lex Stainless Steel Bracelet Watch Collection
‘Artistry' - Branded Jewellery show at Malabar Gold & Diamonds' outlet in Meena ...
Celebrate the Festive Season With the Galleria on Al Maryah Island in Abu Dhabi
Glamazle.com names a Lipstick after Yardstick Marketing as a testimonial to the ...
Step into 2018 with skinade & slow down the signs of ageing
Together for Egyptian Cinema: A Million happy viewers
Bovet Presents Brilliant Is Beautiful Gala Benefitting Artists for Peace and Ju...
With the Increasing Trend of Grooming Among Men, Kaya Skin Clinic Launches an Ex...
The First “Dilmah Silver Jubilee Gourmet” in a Middle East Hotel Opens in Pullma...
Lg V30+ Launches in the Uae and Makes Its Way Into Customers' Pockets and Lives
Over 200 developers across India participate in CREDAI's Indian Property Show
SUC Conducted the 10th CEO Lecture Series
Unilever's Lipton Jebel Ali Tea Factory First in MENA to Achieve Bronze World Cl...
Nouveau Lashes & Beauty – The Aftercare Range
Win 3000 Dollars with Splash
Dubai-based teen star Polina Butorina releases her debut album ‘Ocean of Emotions'
Switzerland wins a Good Design Award for the first chronograph-watch in history
Ghantoot present 17th Emirates Open Polo Championship International
Epson to showcases the future of large laser display technology at InfoComm MEA 2017
Al Tayer Motors Celebrates 100 Years of Ford Pick-up Trucks
Automechanika Riyadh turns focus on exciting growth potential of Saudi automotiv...
DIFF Welcomes Robert Bosch Stiftung to the Festival's 14th Edition
Registration Opens for the Fazza Championships for Falconry 2018
SOUQ launches “Amazon Global Store” bringing over a million global products to t...
10 years on Bremont refreshes ALT1-P range
Joyalukkas the World's Favourite Jeweller Now Launches in South Extension, Delhi
Saxo Bank 2018 Outrageous Predictions: 2018 will be a true roller coaster ride c...
Saint Honore presents the distinguished Haussmann for men in an elegant avatar
Green Hope on Former US Vice President Al Gore's 24 Hours of Climate Reality telecast
The du Youth Council Holds a Volunteering Day at Al Ain Zoo with People of Deter...
LG bets high on Premium TV Market with industry leading OLED Technology
Huawei's ultimate gift guide for the 2017 Holiday Season
Indian realty in revival mode, says industry expert
Ring in the New Year with Ramada Plaza Jumeirah Beach in JBR at Fogueira, Speake...