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Gulfood Manufacturing 2017 to reinforce Dubai’s food strategies

Gulfood Manufacturing 2017, which takes place from 31 October to 2 November at Dubai World Trade Centre (DWTC) will help reinforce Dubai’s strategic objective to become a global hub for the food processing and supply chain industries.
A United Nations Department of Social and Economic Affairs study revealed that global population is growing annually by 83 million people and is estimated to reach 9.7 billion people by 2050. Consequently, the need for food is set to increase by at least 60%. In the GCC alone, population growth is forecasted to maintain a compound annual growth rate (CAGR) of 2.4% to reach 57.6 million by 2019, according to Alpen Capital. As a result, regional food consumption will rise by a CAGR of 3.5% to hit 51.9 million tonnes annually.
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