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

Mazola, one of the pioneers of healthy and quality food products across the Middle East, has announced plans to expand into growing non-retail segment by catering to industrial food supply chains amidst surging trends in the regional food sector and rising consumption in the wake of promising macro-dynamic developments.

Recent studies have shown that consumer spending in GCC food retail sector is expected to be worth almost $106 billion by 2017. Saudi Arabia will continue to lead the region's food sector, accounting for 59% of the total consumption up until 2017. Saudi Arabia currently consumes 872kg of food per capita, Qatar 852kg, Kuwait 634kg and Bahrain 453kg per capita while by 2017, the per capita food consumption for the entire region is forecasted to reach 983kg.

Amidst these surging trends, Mazola showcased its plans and innovative products at Saudi HORECA, the biggest annual hospitality exhibition of its kind, held at Riyadh International Convention and Exhibition Center in the Saudi capital. Over 260 local, national & international companies and 150 chefs from different countries participated in the exhibition.

At the exhibition, Mazola showcased its expertise in the FMCG sector across the GCC and highlighted its plans to expand its trusted product portfolio in non-retail channels.

Esam AlDabba, Horeca National Sales Manager at Basateen Foods - Saudi Arabia, – which manufactures and distributes the Mazola products across the Middle East and North Africa, said: “With the regional food sector witnessing phenomenal growth trends, Mazola aims to promote its HoReCa range of products, which includes edible oils, ghee, mayonnaise and specially B2B items in non-retail segment. The company's participation in Saudi HORECA was a great opportunity to explore new business opportunities in the domain and offered us invaluable networks to expand our presence.”

According to statistics, UAE's reliance on food imports amounts to more than 80% of its food needs with expectations of a compound annual growth rate of 8% on food and beverages spending in the UAE up till 2018, which reinforces the strong growth trends.

Mazola, which has time and again won the ‘Product of the Year – Gulf' recognition across the GCC, is confident that the move into non-retail channels will reinforce its leadership in the future.



Posted by : GoDubai Editorial Team
Viewed 6070 times
Posted on : Thursday, December 22, 2016  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dunkin' Donuts launches DD Donate charity campaign in the UAE in collaboration with TV superstar Suz...
Next Story : Recharge and refuel your body at Lunchtime with a wholesome Thali from Govinda's
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
BOSS watches presents Navigator Collection
Absolutely Rejuvenated Skin to Start the New Year
Step into 2018 with skinade & slow down the signs of ageing
Glamazle.com names a Lipstick after Yardstick Marketing as a testimonial to the ...
SUC Conducted the 10th CEO Lecture Series
LG bets high on Premium TV Market with industry leading OLED Technology
Nouveau Lashes & Beauty – The Aftercare Range
With the Increasing Trend of Grooming Among Men, Kaya Skin Clinic Launches an Ex...
10 years on Bremont refreshes ALT1-P range
Dubai-based teen star Polina Butorina releases her debut album ‘Ocean of Emotions'
Sleigh your style with women'secret's festive collection
LPG Endermologie provides tips for you to stay healthy and glowing inside and out
Party Season Essentials at Paris Gallery
du Opens New Business Centre Facility at Jebel Ali Free Zone (Jafza)
MEPRA announces winners of its 2017 awards
DIFF Closes With Full Force on the Red Carpet
Saint Honore presents the distinguished Haussmann for men in an elegant avatar
Lacoste Introduces Motion Collection
Festive and NYE Happenings at Tub of Butter
Switzerland wins a Good Design Award for the first chronograph-watch in history
Joyalukkas the World's Favourite Jeweller Now Launches in South Extension, Delhi
Joy of Christmas Feast with TWG Tea
Win 3000 Dollars with Splash
HydroPeptide Anti-Aging Skin Care Launches in UAE
Al Tayer Motors Celebrates 100 Years of Ford Pick-up Trucks
Registration Opens for the Fazza Championships for Falconry 2018
Ring in the New Year with Ramada Plaza Jumeirah Beach in JBR at Fogueira, Speake...
De'longhi Bean-to-cup Coffee Machines
DIFF Welcomes Robert Bosch Stiftung to the Festival's 14th Edition
SOUQ launches “Amazon Global Store” bringing over a million global products to t...
The First PappaRoti Boutique opens its doors for a luxurious experience at Emir...
El Sur - Christmas Eve, Christmas Day and New Year Offers
Huawei's ultimate gift guide for the 2017 Holiday Season
‘Be There' at The Dubai Mall this festive season and join in the Winter Celebra...
Step into Lili Miro's World of Luxury for Men
Pure Gold Jewellers Joins Forces with Disney to Launch Exclusive New Diamond Col...
Emirati Logistics Pioneer ‘Allied Transport' Awarded “Most Innovative & Regulate...
Three Day China Homelife Exhibition Begins in Dubai and Ensures Direct Sourcing ...
Mansour bin Zayed opens SIAL Middle East 2017 Exhibition
Middle Eastern countries recorded exports of US$ 765.8 billion and imports of US...
Pump Up Your Energy Level This December with H2GO
Xiaomi opens second Authorized Mi Store in the UAE
Mutual Recognition: DPM Launches Engineer Registration System
Dubai Customs wins “Best Customs Department in 2017” Award
World Future Energy Summit 2018 to map transition to a sustainable economy and l...
Emirates celebrates holiday season with special Christmas treats
Schneider Electric commits to 100% renewable electricity by 2030, doubling energ...
Cate Blanchett Announces Haifaa Al Mansour as Winner of Sixth IWC Filmmaker Awar...
The Home launches its first furniture hyper store in Dubai