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UAE’s food and beverage industry on a steady road to recovery

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UAE’s food and beverage industry on a steady road to recovery

Dining spending in UAE restaurants rose to pre-coronavirus levels, recording the same results in the first quarter of 2021 as in the same period last year, amid a steady rebound in the food and beverage industry. country drinks.

The snack restaurant category, which includes fast food, street food, food trucks and bakeries, saw the highest growth in spending for dining in the first quarter of 2021, reaching almost a fifth more than in the same period of 2020 , according to research by Network International. , a digital trade facilitator for the Middle East and Africa.

Spending on cafes also increased by the middle digits in the first quarter of 2021 compared to the same period last year, despite the fact that the places continue to operate under restrictions imposed by the government to limit the spread of the coronavirus.

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When it comes to kitchens, the increase in spending on dinners has been most rewarding for cafe food and drink, followed by European and Middle Eastern cuisine. In fact, Middle Eastern cuisine was the only category to see visible growth in spending in the first quarter of this year compared to the same period last year with single-digit earnings.

The coronavirus has accelerated the adoption of in-app and contactless payments in restaurants, which have seen a steady increase in usage in restaurants, especially in the past two quarters.

Network International has continued to train more companies to keep up with the ever-changing payment landscape.

“Understanding spending patterns is critical for companies that want to position themselves to meet changing customer preferences. Our payment information is intended to help the restaurant industry and other related providers chart new opportunities and make smarter decisions, “said Ian Jiggens, President, Information and Advisory Services, Network International.

“As the leading digital commerce enabler across the MEA, we remain at the forefront of change, providing our customers with opportunities to seamlessly adopt the latest payment trends in a rapidly evolving environment,” he continued.

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