Food and Beverage Business in UAE Gets a Boost
Food and Beverage Business in UAE Gets a Boost Today the food and beverage market of UAE is soaring, with a projected revenue of $37.89bn. Thanks to a diverse population, booming tourism, and a rise in the demand for quality multi-national cuisine, it is proved that an innovative approach towards food and beverages can turn the fortunes of a company into a new business in the UAE in 2023. The government of UAE is going all out to promote the popular gastronomic initiatives of the Dubai Food Festival and Abu Dhabi Food Festival. Thus it is true that for entrepreneurs, the food and beverage business is brimming with opportunity, and they should take a chance and deal with challenges intrinsic to it. One of the concerns entrepreneurs face is funds. It is an expensive business to set up, with rent and salaries being high. Also, competition compels entrepreneurs to have an innovative and unique concept and a feasible marketing strategy to stay ahead in the race. I...