Companies from more than 100 countries descended on Dubai yesterday hoping for a bigger slice of the food retail sector across the GCC, which is expected to grow by US$23 billion (Dh84.48bn) over the next five years.
More than 4,200 exhibitors are taking part in Gulfood 2013, the world's largest annual trade show for the food and hospitality industry.
Consumer spending in the GCC food sector stood at $83bn at the end of last year, but is expected to reach $106bn in the next five years, according to a study by ATKearney, a global management consultancy.
And many of the exhibitors at the four-day show are hoping to expand their share of the spoils.
Read more: http://www.thenational.ae/thenationalconversation/industry-insights/retail/dubais-gulfood-show-attracts-companies-from-100-countries#ixzz2Lvfl8KFW
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