Alimentos ProcesadosJun. 15, 2018
Egipto: Sector retail de alimentos alcanza los US$ 24 mil millones en 2017
Retail Food Industry
The Egyptian retail foods sector is estimated to be $24.7 billion. Higher income consumers drive much of the demand for imported products, while middle and lower income consumers are tending toward substitution of imports with domestic alternatives. As incomes recover and purchasing power increases, the market is expected to grow. Retail industry representatives anticipate growth of 15-20 percent in the coming five years. Imports of consumer-oriented food products in 2017 reached $2.6 billion. Traditional outlets dominate the Egyptian market, representing 98.7 percent of total outlets and around 80 percent of total sales. In spite of this, modern outlets are growing in number and volume of sales. Online retail platforms are also becoming increasingly popular as internet penetration increases.
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