“The absence of such a concept in Saida’s area and in the South of Lebanon as a whole encouraged our decision,” he told HN.
Black truffle was the largest segment within the overall market in 2018 and would remain so until 2023. White truffles market will also grow.
The inflating disposable incomes are behind this demand. This is coupled by the increasing prevalence of lifestyle diseases and consumers health awareness.
More than 250 attendees from 25 countries, business owners, operation heads, chefs and experts will discuss the latest consumer trends.
IFFCO Group leads the market with a USD 44 million revenue. It distributes London Dairy, Igloo and Quanta. Mars GCC is second with a USD 16 million.
The growing health concerns regarding the consumption of animal protein has urged consumers to opt for alternative protein sources
The country plans to have food security and searches for new technology that can cope with the hot weather, limited water supply and soil salinity.
Several large groups are leading the sector. These include Lactalis Group, Fonterra, Dairy Farmers of America, and Arla Foods.