Egypt Packaged Food Market

Packaged food refers to the food products that are sealed in a box, bag, can, or any other container and are widely available in the grocery store. The various types of packaged food include ready-to-eat frozen entrees, crackers and granola bars, bagged frozen fruits, frozen chicken nuggets and hamburger, and other food items. Packaged food products help in reducing the cost, protects the product, provide hygiene, and acts as a preventive measure.

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The Egypt packaged food market is anticipated to experience an upsurge in demand over the next six years. The increasing number of working parents, along with the constant innovation in the packaging technology, are the two key drivers that are responsible for the growth of the Egypt packaged food market. Individuals in Egypt are now increasingly opting for high nutritional food products, which have fewer amount of preservatives, low cholesterol, and low-fat content. This factor has encouraged the consumers to opt for packaged food products to save their time and get ample number of vitamins and minerals at the same time. Moreover, a wide range of packaging materials are easily available in the packaged food market in the form of wooden packaging, paper packaging, and stand-up products. Packaging of food products is considered as an integral method that is largely adopted by the leading manufacturers to ensure full protection of food items from being contaminated by the presence of external agents, including humidity, microorganisms, and temperature.

The government of Egypt is emphasizing on recycling the plastic packaging materials used for the packaging process of different food items. For instance, in 2020, Nestle Egypt entered into a partnership with the government of Egypt to launch the environmental protection strategy, the Plastic Packaging Material Recovery and Recycling initiative known as “Dorna”. The initiative is the reflection of Nestle’s global commitment to highlighting the importance of food in order to enhance the quality of life. The combination of programs and initiatives to support the adoption of packaged food is another factor that is driving the growth of the market in Egypt.

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Based on the product, the market is segmented into ready meals, potato chips, breakfast cereals, soups, baked foods, baby food, nuts, instant noodles, pasta, biscuits, chocolate confectionary, cheese, yogurt, ice creams, sauces, dressings & condiments, and non-alcoholic drinks. Among these, the baked foods segment is projected to grow at a higher CAGR during the forecast period. This is mainly due to the strong demand for packaged baked food products as these products are hygienic and readily available in a wide range of offline stores. On the other edge, the breakfast cereals segment is anticipated to dominate the Egypt packaged food market owing to the growing health awareness among consumers related to the numerous health benefits offered by breakfast cereals. Additionally, the busy lifestyle of individuals has encouraged them to opt for healthy and easy to eat breakfast meals, which helps in saving their time and money.

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The Egypt Packaged Food Market has been segmented on the basis of product. Based on product, the market is segmented into ready meals, baked foods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionary, cheese, yogurt, ice creams, sauces, dressings & condiments, and non-alcoholic drinks.

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Key questions answered in this research report:

• • At what pace is Egypt Packaged Food Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Egypt Packaged Food Market? What will be the impact of drivers and restraints in the future?
  • Which product generated maximum revenues in 2019 and identify the most promising products during the forecast period?
  • What are the various product areas of Egypt Packaged Food Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Egypt Packaged Food Market by Product

• • Ready Meals
  • Baked foods
  • Breakfast cereals
  • Soups
  • Baby Food
  • Potato Chips
  • Nuts
  • Instant Noodles
  • Pasta
  • Biscuits
  • Chocolate Confectionary
  • Cheese
  • Yogurt
  • Ice Creams
  • Sauces, Dressings & Condiments
  • Non-alcoholic drinks