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Global Halal Market The world Halal food market is currently estimated at US$ 580 billion annually and is anticipated to reach US$ 1 trillion annually by 2010. Global trade in Halal food products is estimated to be US$ 80 billion, or some 12% of total trade in agri-food products. With expected increases in both the population and incomes of Halal consumers, this percentage is certain to increase. The Muslim population is projected to account for 30% of the world's population by 2025, Halal food could easily account for 20% of world trade in food products in the future. Many food companies are just waking up to the potential of this important food market. Why Visit Dubai, UAE and the Gulfood Show?
 What is the UAE?
The UAE is a federation of seven sheikhdoms: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Qaiwain. Along with Bahrain and Qatar, these emirates became known as the Trucial States. Revenues from oil and gas have transformed the pearl-diving communities of Abu Dhabi and Dubai into two of the wealthiest cities in the world, where gleaming high-rises soar from an artificial oasis of lush gardens and palm-lined avenues. There are about 5 million people residing in the UAE. Abu Dhabi and Dubai are the economic powerhouses, with Abu Dhabi contributing 61.1% of GDP and Dubai 24%. Abu Dhabi holds 94% of the UAE's total oil and gas reserves, which account for almost 10% of the world's total, and are predicted to last another 100 years. On the other hand, Dubai and the northern emirates have relatively little oil. Dubai's reserves are only expected to last about another ten years.  Why Qatar? Oil formed the cornerstone of Qatar's economy in the 1990s, and still accounts for about 62% of total government revenue. Around 1973, oil production and revenues moved Qatar out of the ranks of the poorest countries towards one of the world's highest per capita incomes. The country's economic growth has been stunning. Qatar's nominal GDP, currently $ 63.8 billion, has recently been growing at an average of 15%. The 2007 growth rate was 12.5%. Qatar's per capita GDP is $ 67,000, fifth highest in the world and projected to reach first place soon. The Qatari government's strategy is to utilize its wealth to diversify the economic base of the country, so new wealth can be generated outside of the hydrocarbon sector. Qatar has been making direct investments in agriculture and food production as a way of assuring a reliable, safe and affordable supply of food for their nation. Qatar has invested billions in agricultural programs in countries such as Indonesia, Pakistan, Vietnam and Sudan. A short two-day visit to Qatar is an option on the way back to Canada. The purpose of the visit will be to determine what the investment possibilities are in Qatar for agricultural and food industries.  UAE Smart Food Tour Business Package Dubai & Qatar, February 20 - March 2, 2009
Gulf Food Show Package (Dubai Only) February 20 - 27, 2009
 For more information on this exciting tour to the Middle East, please contact Dennis McKnight directly on prices and availability. dennis @ theinnovators.net or telephone: 1-403-265-3441 |
This UAE Smart Food Tour includes: