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UAE Fruits And Vegetables Market of 18.27% by 2023

byCT Report
30/03/2018
in Uncategorized
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ABU DHABI: Fruits And Vegetables including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Fruits And Vegetables investments from 2018 till 2023.Among all the GCC countries, UAE spends the most on food products, after Saudi Arabia. The increase in consumption of fruits and vegetables in the country is attributed to the growing expatriate population and economic prosperity. UAE has the highest expatiate population of about 85.5%.

UAE is the second highest consumer of food in GCC. The local demand is mostly met by imports. To limit UAEs reliance on import, the government started efforts to improve the domestic production of fruits and vegetables. The UAE government provides subsidies for every aspect of farming to bring in more number of investors. To further encourage farmers, the government announced an agricultural fund started by the Abu Dhabi Farmers Service Centre (ADFSC). This fund will support the farmers by spending nearly AED 20 million per year to support and finance modern farming techniques

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