10th Arab Beverages Conference kickstarts in UAE to evaluate future of beverage industry in the region

  • Date: 07-Nov-2022
  • Source: Zawya
  • Sector:Industrial
  • Country:UAE
  • Who else needs to know?

10th Arab Beverages Conference kickstarts in UAE to evaluate future of beverage industry in the region

- Beverage industries in the KSA and the UAE have grown to USD 4.7 billion and USD 1.2 billion respectively by June 2022

- The event also highlights partnership between Arab Beverages Association and International Fruit and Vegetable Juice Association

Arab Business Association kicked off day one of the 10th Arab Beverages Conference (ABCE), the Middle East’s biggest beverage event. Over 80 prominent business leaders of the beverage industry from the Arab countries and around the world are attending the conference. The conference, which is being held on November 7 and 8, 2022, at the H Dubai Hotel, also commemorates the partnership between the Arab Beverages Association (ABA) and International Fruit and Vegetable Juice Association (IFU).

The beverage industry is one of the Arab world's fastest growing industries. Juices, malt and non-alcoholic beverages, soft drinks, water, sports drinks, and cordials make up the majority of products sold in the KSA and the UAE markets. By June 2022, both markets had experienced significant growth, with the KSA and the UAE markets reaching USD 4.7 billion and USD 1.2 billion respectively.

According to ABA, the industry has experienced rapid growth over the past 30 years, serving over 300 million consumers in the Arab region and worldwide.