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This is the archive for February 2006

Middle East Food Market offers 'Major Opportunities' for producers and distributors in 2006

Rising Tourism, Growth in Number of Retail Outlets and Booming Local Demand Stimulates Development of USD 12 Billion Market

Increasing demand for international food products and rising disposable incomes are combining to make the Middle East a “hot market” for foodstuff producers and distributors in 2006, as well as creating new opportunities for manufacturers of kitchen equipment, processing technology and packaging machinery.

Analysts predict that a number of GCC states in particular –the United Arab Emirates, the Kingdom of Saudi Arabia and Qatar - are now major growth markets for the food industry.