Recent years witnessed the Egyptian food retail industry undergo a sharp decline as the country’s economy continued to be troubled. In 2014, the industry emerged from the declined and posted a modest growth. The market posted a value of almost USD 65 billion in 2014. While the food retail industry in Egypt is not likely to post any significant growth, the market will continue to grow in modest terms in the coming years.
Egypt has been facing many economic difficulties in the last couple of years, which only seem to be worsening with time. The harsh economic conditions of the country has forced many women in the households to also join the workforce. This has changed the mannerism in which consumers tend to shop in the country and it has also led to the rise of convenience stores across Egypt. This made convenience stores the leading channel of sales for the food retail industry as over 50% of sales in 2014 came from convenience stores.
The Egyptian food retail industry is analyzed by Aruvian Research in its research report Analyzing Food Retail in Egypt. The report analyzes the Egyptian food retail industry through industry statistics, industry growth in value terms, share of the Egyptian food retail market in the MEA market, analysis of the various food distribution channels present in Egypt and an industry forecast.
Apart from the Egyptian food retail market, the report also analyzes the global food retail industry. All data contained in this report is for the years 2010 till 2019.
The leading market players analyzed in this report include Hyper One, Metro Markets, Spinneys Holdings and Carrefour SA.