The growth in the organic market in the Middle East has been nothing short of exponential during the past couple of years. As the commercial hub in the region, it is the perfect place to kickstart opportunities in the booming natural market that is fueled by an increasing shift towards healthy living and high disposable incomes. Being one of the largest import markets in the world, this adds substantial weight to any organic, non GMO, gluten and paraben free, or natural product producers or manufacturers who wish to enter the market.
The regional market for organic and natural beauty products is predicted by experts to reach $5 billion in value by 2022. Meanwhile, the F&B market for organic goods is expected to be worth $18.42 Billion by 2022, showing a 14.4% CAGR growth from 2015.
The Gulf Co-operation Council countries’ food imports alone is estimated to reach $53.1 billion by 2020, with most of them importing anywhere from 70%-90*% of their food needs.
UAE, especially is also going to be home to Dubai Food Park; the first wholesale trading city in the region, created to ease and bolster the import, export and re-export that Dubai serves as the hub within the region for. Dubai holds the position as the third largest re-exporter in the world, with over $546 Billion worth of goods being sent out from the trade hub. Its unique location allows it to link hemispheres together, making it a popular center for re-export.
The consumers in the region have proven to be overwhelmingly keen on buying organic and natural products; retail shelf space for organic products have gone up by 60% in the last four years alone. Some retail chains that supply organic produce in UAE saw an astonishing 200% increase in purchases as of 2016. The retail giants of the region have started to devote exclusive sections to natural and organic products, due to surveys reporting that 55% of the population think there aren’t enough healthy options in stores
E-commerce has been growing at a breakneck pace in the Middle East, with Saudi Arabia and UAE being the key players; the online commerce sector is estimated to reach $69 Billion by 2020. This is thanks to the young and tech savvy demography of 40% population in the age group of 20-39 who look for quick, convenient and secure ways to buy products, and are at home with technology.
We have seen exhibitors from different countries, and this show’s growth over the past few years can be taken as a good sign, and I hope that this exhibition will only grow in the future. We have managed to source some items that were quite interesting. Katarina Gjosheva Cheshlaro, Owner of Midway Middle East
A number of retail giants have taken extensively to private labelling products as their own in the last 2 years, with studies showing that 65% of consumers in the region are happy to buy private label options.
We are event organizers who consider ourselves relationship brokers - we aim to find the best match between suppliers and buyers. In UAE, our flagship event; the Middle East Organic and Natural Expo Dubai has been convening over 10,000 organic and natural industry professionals from around the globe We have a deep interest in developing and offering end to end solutions for our customers; be it in opening new markets or in last-mile delivery of your products. We take pride in having a wide network of partners and long-term customers. Annually we bring together over 3 million professionals through our global event network, all the while ensuring that we stay focused on you and your requirements as an individual. Global Links Exhibitions has offices in Dubai, Melbourne, Shanghai and Manila.