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 8253 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
The FW18 Trend Report From Weill Paris
Climax Mascara Never Fake It
Discover the Secret to Younger-looking, Radiant Skin
Keep your skin looking healthy and hydrated, naturally
Jessica Kahawaty in Dubai to Celebrate the Launch of SUKIN, Australia's No.1 Nat...
Brow Contour Pro 4-in-1 defining & highlighting brow pencil
LOOTAH Perfumes brings a collection of delicate scents to fulfill the needs of t...
The Balmain Haute Elegance Oval mirrors the brand's soul
BodyO launches officially its AiPod for a full body check-up during the Gitex Fu...
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
Get flawless skin with Rodial's new Booster Drops
The World of Aigner Wunderkammer
Johnson's launches Fresh Hydration Range – Cleansed, hydrated skin in just #OneSwipe
Lexus Design Award 2019 open for entries
Elegant and feminine new Mini Bubble set to make a big splash
Trend Alert! Giddy up on the best platform with your new horse-inspo ensemble fr...
Manero Peripheral (43 Mm) Classic Watchmaking Meets State of,the Art Technology
Introducing the GUESS Jeans Fall 2018 Collection'
Curate your perfect Autumn Winter wardrobe, with Robinsons
Dubai Shopping Festival Returns With Much-awaited Mega Raffles
Mohammad Abdullah, President of Dubai Institute of Design and Innovation (DIDI)
Corum Heritage Eleganza- Dedicated to the stylish woman
Daniel Craig Brings the Diver 300m to the Surface
DS Podium Chronograph 1/100 sec
Dubai's newest social hub - Bar Baar introduces ‘Thela Baar Brunch'
OMEGA gets set to time the Youth Olympic Games Buenos Aires 2018
Joyalukkas Celebrates the Festival of Light with Irresistible Offers
With more collections and a more spacious car parking, Kalyan Silks moves to El...
Malabar Gold & Diamonds to triple number of outlets to 750 and raise Group turno...
Global Report Reveals That the “Feeling of Home” Is Moving Beyond Four Walls
Fifi & Friends - Now available at more outlets across the UAE
Sharjah Government pavilion highlights digital transformation of Sharjah at GITE...
Kibsons Expand Vegan Range
Health Shield Medical Center to Celebrate Women of the Capital
Halloween “Catwoman” mask using BROW products
AXOR is the official partner for bathroom fixtures of the Design Hotels™ brand
Lacoste Introduces the Keep Playing Collection for Women
The Ford F-150 Raptor: Your Ultimate Partner for Off-Road Adventure
Nokia smartphones serves first slice of Android™ 9 Pie on the award-winning Noki...
Emirates Airline Dubai Rugby Sevens 2018 FactSheet
Sharjah Girl Guides Unleash their Power on International Day of the Girl Child
Festival Plaza Announces Lulu Hypermarket at New Lifestyle Destination
Western Digital powers AI-enabled storage for futuristic surveillance and security
BOLLYWOOD PARKS™ Dubai introduces 11 new shows with a new line up of performance...
SIBF 2018 Invites Young Visitors to the Wondrous Land of Edutainment
Nissan to Make Official On-track Formula E Debut
Toyota's legendary King goes urban with the 2019 Land Cruiser Grand Touring Edition
CITIZEN Unveils 100th Anniversary Limited Edition Collection
Win up to 250,000 Gold coins at Malabar Gold & Diamonds this festive season
UAE Toastmasters community to host the world champion of public speaking