Page 54 - WORLD OF COFFEE 2024 ENGLISH PR REPORT
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Press Release:
In light of the anticipated growth in the next six years
World of Coffee Dubai 2024 highlights promising prospects for
development and expansion of coffee industry in UAE
Dubai, September 13, 2023,
DXB Live, the integrated event management and experiential agency of the Dubai World Trade
Centre, continues the preparations for the 3rd edition of the World of Coffee exhibition, which
will be held from January 21 to 23, 2024. With expectations that the coffee market in the UAE
will grow at an annual rate of 8.4 per cent between 2023 and 2029, and by about 7.5 per cent
annually in the Middle East and Africa between 2022 and 2027, the exhibition is witnessing a
wide regional and global interest from industry leaders, experts and specialists.
As per a report by Statista, coffee markets in Dubai and the region are experiencing substantial
growth, with individual coffee consumption in the UAE expected to reach 1.36 kg in 2023 and
the coffee market in Dubai expected to generate sales of over AED 1 billion this year. These
figures reflect the industry's attractiveness and growing demand for coffee products, as Dubai
provides an ideal environment for the growth of the coffee market, owing to the presence of
global coffee shop brands and the emirate's role as a regional coffee trade hub, with export
revenues exceeding AED 3.5 billion over the last decade.
The World of Coffee Dubai 2024 represents a turning point for the sector in the UAE, which
has surpassed the tangible effects of this growth in the coffee market and has reached
neighbouring Arab markets, attracting more specialised international brands, in light of the
attention given to coffee culture and the variety of offerings provided by Dubai, which is
famous for providing innovative experiences in this industry.