Page 61 - WORLD OF COFFEE 2024 ENGLISH PR REPORT

Several studies and market analysis show that the coffee market will record further growth

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rates over the coming years. According to Data Bridge Market Research, the coffee and

espresso beverages market value in the Middle East and Africa (MEA) region will amount to

about USD 1.33 billion (approx. AED 5 billion) by 2030, compared to around USD 1.085 billion

in 2022. The market will achieve a Compound Annual Growth Rate (CAGR) of 2.6 per cent

during that period. The coffee market in the region has also been witnessing an increased

focus on sustainability and traceability, as consumers are becoming more environmentally

conscious, tracing coffee sources and ensuring eco-friendly production and supply methods.

In line with this trend, local coffee shops have also amped up their efforts to collaborate with

ethical and sustainable coffee farms and develop eco-friendly procedures in response to

consumer demand.

A Leading Platform for Coffee Trade

The World of Coffee 2024 Exhibition will certainly serve as a springboard for businesses

looking to expand their presence in the Middle East, further tapping into the region's growing

demand for high-quality coffee experiences and modern coffeeshops chains. With its

unwavering commitment to providing a leading platform for coffee trade growth, DXB LIVE is

dedicated to delivering a world-class event that propels the coffee industry forward, inviting

industry leaders from around the world to connect, share knowledge and experiences, and

present cutting-edge products of global coffee equipment providers.