The F&B value added in the UAE showed significant fluctuations between 2013 and 2016, peaking at 13.78 units in 2015. From 2017 onwards, the trend has been a steady decline, with a noticeable decrease year-on-year. In 2023, the value stood at 5.97 units. Forecasts suggest continued decline, with the value expected to reach 4.6 units by 2028. The CAGR over the last five years is -4.13%, translating to a forecasted 19.01% total decrease over this period.

Future trends to watch for:

Potential industry consolidation and efficiency improvements to counteract declining values.
Shifts in consumer preferences towards healthier and sustainable food options.
Impact of technology and innovation in food production and distribution.
Regulatory changes and their effect on industry costs and operations.