Fast food industry revenue in UAE will exceed $4.5 billion in 2022

  • Full-service restaurant revenues are expected to reach US$2.34 billion in 2022, up from US$1.94 billion recorded in 2018;
  • Coffee and tea sector revenue expected to reach $705 million next year, up from $584.5 million;
  • The total number of operational restaurants and cafes in the emirate of Dubai reached 11,813 at the end of 2018;
  • The global restaurant and foodservice industry is worth approximately US$34.25 billion and is expected to grow to US$56.3 billion by 2027;
  • According to estimates for 2020, the number of catering establishments worldwide was around 23.13 million. Only about 300,000 of them were based in the Middle East and Africa.

The fast food industry is expected to grow 5.8% annually to reach $4.51 billion in 2022, from $3.66 billion in 2018, according to a report by Statista.com, a food intelligence provider. digital market.

The news comes as experts join key industry stakeholders at the Middle East’s first Fast Food & Café convention taking place at the Conrad Dubai hotel, where more than 300 delegates discuss the future of the industry and how to drive its growth in a changing global economic environment. environment. The event is supported by Dubai Restaurant Group (DRG).

Revenue from full-service restaurants in the UAE is expected to reach US$2.34 billion in 2022, up from US$1.94 billion in 2018, while revenue from cafes and lounges tea is expected to reach US$705 million next year, up from US$584.5 million. The ice cream market is the smallest, with revenue expected to reach $42.2 million in 2022 from $35.4 million in 2018, according to the report.

The total number of restaurants and cafes operating in the emirate of Dubai reached 11,813 at the end of 2018, according to the Department of Economic Development (DED), making Dubai the food capital of the Middle East. In 2018, the number of outlets for the fast food chain in the UAE reached 996, followed by cafes and teahouses in around 850 outlets.

“Regardless of how society changes in the future, consumers will continue to dine out, drink tea or coffee – or karak chai – depending on their lifestyle choice. It is by far a very important sector that generates quite a lot of income. This event provides a platform for F&B operators and suppliers to come together to discuss their concerns and share ideas and knowledge, to pave the way forward,” said Mini Jacob, co-founder of Oddbox, organizer of the Fast Food & Café Convention.

“The outbreak of the COVID-19 pandemic has created challenges as well as opportunities for the sector. It’s important to discuss what has worked and what hasn’t worked for different carriers, while keeping in mind the ever-changing needs of customers.

The one-day Fast Food & Café convention will feature key industry representatives including Andy Holman, CEO of Eathos; Tapan Vaidya, CEO of Papa Johns in the United Arab Emirates and Saudi Arabia; George Kunnapally, Managing Director of Nando’s; Karim Hajjali, CEO of Foodquest; Mohammad Al Madani, Chairman and CEO of Al Madani Group; Georgy John, COO of Gastronomica ME, Ian Ohan, Founder and Managing Director of Krush Brands, Wendy Westbury, Senior Director of Real Estate at Americana Restaurants, among others, who will discuss key issues facing the industry and the way forward.

The Fast Food & Cafe Convention was launched in 2017 in India with an ambitious vision to create a platform for all stakeholders of Quick Service Restaurant (QSR), Cafe, Fast Food, Casual Dining, cloud cooking and catering. industry. Following its success in India, Oddbox has launched the Middle East edition in Dubai, which will be co-located with the Middle East Retail Forum at the Conrad Dubai Hotel.

Innovation, technology adoption, cloud cooking, changing consumer behavior and new modes of digital marketing are some of the major industry trends that were noticed at the event.

“As economies recover from the COVID-19 pandemic, the UAE is leading the recovery through its effective management of the pandemic. With the quicker return to normal and the opening of the country’s borders to coincide with Expo 2020, this makes a perfect case for the launch of the Middle East edition of the Fast Food & Café Convention in Dubai,” says Mini Jacob.

“At the Fast Food & Café Convention, delegates will receive a clear direction on where the industry is headed, including challenges and opportunities – so attendees can rethink their strategy for growth.”

The global restaurant and catering industry is worth approximately US$34.25 billion and is expected to reach US$56.3 billion by 2027. According to 2020 estimates, the number of food service establishments in the world was about 23.13 million. Only about 300,000 of them were based in the Middle East and Africa, according to Statista.

With the high purchasing power capacity of UAE residents, the market is becoming more robust every day. Food outlets in the UAE have now become synonymous with a place to celebrate occasions and enjoy with family members.

High disposable income, cosmopolitan environment, diverse restaurant choices from Mexican to Korean, the UAE is a diner’s paradise – from fast food to casual dining to fine dining – the country offers the best in food and dining options live.

A report by Mordor Intelligence shows that almost 32% of Emiratis are willing to spend 100 to 300 Dh in restaurants. Those who are ready to spend 50 to 100 Dh represent around 39%.

In 2018, within the foodservice sub-sector, fast food restaurants had the highest sales value in the United Arab Emirates (UAE) with approximately US$3.6 billion. Fast food restaurants were expected to reach a sales value of around US$4.5 billion in 2022, followed by full-service restaurants with a sales value of around US$1.9 billion in 2018.

The Fast Food & Café Convention is in partnership with Deliverect, Reza Hygiene, Eighty6, Red Bull, Ecolab, Grub Tech, Vio Life, among others.

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About Fast Food & Cafe Convention

The Fast Food & Café Convention was launched in 2017 as a platform for all stakeholders in the QSR, Cafe, Fast Casual, Cloud Kitchen, Casual Dining and F&B industry to come together . After five successful editions in India, we are overwhelmed with the overwhelming support from the industry.

Having established our footprint in India, we feel it was time for us to bring this platform to the international restaurant community. We wrestled with the big question – Where Next? We dug and our research backed up our choice of city – Dubai!

We found the MENA sector to be showing great resilience and promising growth, especially in QSRs, cafes, fast casual restaurants, casual dining, ghost and dark kitchens. And that is precisely what brought us to this part of the world.

Needless to say, the challenges facing the QSR & Café industry and more recently the burgeoning Cloud/Dark Kitchens are unique and very often different from the rest of the hospitality industry. Add to that the aftermath of a global pandemic! This is precisely why there is a need for a platform like this that brings together this amazing community, to share and overcome concerns, for business advancement.

Media Contact
Pan Asian Media
Address and contact details
Contact person
Mohammad Yusuf
Company address
PO Box 39865, Dubai, UAE
Email: [email protected]

© Press release 2021

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