Market Forecast By Products(Fruits and Vegetables, Dairy Products, Bakery Products, Meat and Seafood Products, Convenience Food and Ready Meals), By Consumption(Food Service, Retail), By Types(Raw Material, Half Cooked, Ready to Eat), By Distribution Channels(Online, Offline) and competitive landscape
Product Code: ETC001817 | Publication Date: Mar 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Egypt Frozen Food market currently, in 2023, has witnessed an HHI of 4585, Which has increased moderately as compared to the HHI of 3438 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Egypt Frozen Food Market is expected to grow at a steady growth rate, driven by growing disposable income, changing food habits, and a growing preference for convenience foods. In general, frozen vegetables and fruits were the most popular products in Egypt. Convenience stores and hypermarkets/supermarkets were the most common distribution channels for frozen food products in the country. Some of the latest developments in the Egypt frozen food market include investment in cold chain infrastructure that ensures product safety and freshness. This includes the construction of new warehouses and cold storage facilities.
Moreover, several companies in Egypt have introduced new frozen food products to cater to changing consumer preferences. To reach more customers and expand their market presence, companies in Egypt's frozen food market have been expanding their distribution networks. Furthermore, the government is supporting the frozen food industry in Egypt by providing tax incentives for companies that invest in cold chain infrastructure and subsidies for small and medium-sized enterprises to help them expand their businesses.
Report Name | Egypt Frozen Food Market |
Forecast period | 2025-2031 |
CAGR | 5.6% |
Growing Sector | Retail |
The Egypt Frozen Food Market Report thoroughly covers the market by Products, Consumption, Types and Distribution Channel. The Egypt Frozen Food Market Outlook report provides an unbiased and detailed analysis of the ongoing Egypt Frozen Food Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The Egypt Frozen Food Market is expanding at an astonishing rate owing to the rise in disposable income. In addition, the rising urbanization along with busy lifestyles of consumers are further boosting the market growth. Leading companies are concentrating on research & development activity to offer a wider range of products based on different consumer tastes. Moreover, development in freezing technology supports the market growth. Overall, the Egypt Frozen Food Market offers significant growth and development opportunities.
According to 6Wresearch, the Egypt Frozen Food Market is anticipated to grow at a CAGR of 5.6% during 2025-2031. One of the key drivers of the Egypt Frozen Food Market is the increasing urbanization and fast-paced lives of consumers which has led to a surge in demand for convenient meal options that is saving time, thereby making consumers to adopt frozen food products. In addition, growing disposable income among the middle-class population is facilitating more household to buy frozen food items on day-to-day basis. Furthermore, significant improvements in freezing technology and supply chain logistics are driving the quality of frozen products up, making them more accessible to consumers. Moreover, the increasing knowledge about health advantages and shelf life of frozen foods as compared to fresh ones is also fuelling market demand.
However, the Egypt Frozen Food Market faces many challenges that hinder its growth. The primary challenge is the absence of an adequate cold chain infrastructure, resulting in frequent disruptions to maintain frozen goods at optimum temperature. In addition, variable energy pricing forces many companies to go over budget trying to cover operational expenses. Furthermore, the customer prefers fresh food more and there is a stigma that frozen products are of lower quality than regular or fresh one. Moreover, regulations and import barriers are proving significant obstacles when it comes to introducing foreign frozen food brands in the local market.
Key players of Egypt Frozen Food Market are Nestle, Unilever, Bon Appetit Group, Al Mezan Foods Co., and Al Bajah Trading Company. These companies have a major presence in the Egypt market and offer a wide range of products such as frozen vegetables, pizzas, ready-to-eat meals, and ice cream.
The Egypt government has significantly influenced the growth of the Frozen Food Market through strategic initiatives. One such effort is injecting massive funds into cold chain infrastructure, confirming that frozen foods maintain their quality from origination to purchaser procurement. In addition, the government presented rebates for domestic manufacturers to encourage the generation of high-calibre frozen food products. Furthermore, the government implemented incentives for companies engaged with the export of frozen foods, making Egypt a contending onlooker on the universal stage. Moreover, public awareness campaigns have begun disseminating information to shoppers about the nutritional benefits and convenience of frozen foods, aiming to modify general perception and amplify domestic consumption.
The Egypt Frozen Food Market is projected to expand substantially in the coming years. This growth is driven by the increase in disposable income. In addition, urbanization and hectic life of consumers are also fuelling the growth of the market. Major players focus on research and development activity to provide variety of products based upon consumer choices. Moreover, advancement in freezing technology boost the market growth. Overall, the future of the Egypt Frozen Food Market looks promising, with many opportunities for growth and development.
According to Ravi Bhandari, Research Head, 6Wresearch, the convenience food and ready meals segment is the dominant segment in the industry and will continue to grow in the coming years. This growth is due to the changing consumer lifestyle, where consumers are increasingly preferring ready-to-eat and quick service meals. Moreover, as dual-income homes increase in popularity so do the needs of occasional quick or nearly effortless meals.
Based on Consumption, the retail segment is the leading segment in the industry and will continue to grow in the coming years. This can be attributed to the growing presence of supermarkets, hypermarkets and convenience stores throughout the country offering a range of frozen food products to consumers.
On the basis of Types, the ready to eat segment is the leading segment in the industry and will continue to grow in the coming years. This expansion is due to the growing demand for convenient and time-saving meal solutions from busy consumers.
In terms of Distribution Channels, the offline segment is the leading segment in the industry and will continue to grow in the coming years. This growth is due to the inherent shopping attribute of consumers opting frozen foods from brick-and-mortar outlets including supermarkets, hypermarkets and convenience stores.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Egypt Frozen Food Market Overview |
3.1. Egypt Country Indicators |
3.2. Egypt Frozen Food Market Revenues, 2021-2031F |
3.3. Egypt Frozen Food Market Revenue Share, By Products, 2021 & 2031F |
3.4. Egypt Frozen Food Market Revenue Share, By Consumption, 2021 & 2031F |
3.5. Egypt Frozen Food Market Revenue Share, By Types, 2021 & 2031F |
3.6. Egypt Frozen Food Market Revenue Share, By Distribution Channels, 2021 & 2031F |
3.7. Egypt Frozen Food Market - Industry Life Cycle |
3.8. Egypt Frozen Food Market - Porter’s Five Forces |
4. Egypt Frozen Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Egypt Frozen Food Market Trends |
6. Egypt Frozen Food Market Overview, By Products |
6.1. Egypt Frozen Fruits & Vegetables Market Revenues, 2021-2031F |
6.1.1. Egypt Frozen Fruits Market Revenues, 2021-2031F |
6.1.2. Egypt Frozen Vegetables Market Revenues, 2021-2031F |
6.2. Egypt Frozen Dairy Products Market Revenues, 2021-2031F |
6.3. Egypt Frozen Bakery Products Market Revenues, 2021-2031F |
6.3.1. Egypt Frozen Breads & Pizza Crusts Bakery Products Market Revenues, 2021-2031F |
6.3.2. Egypt Other Frozen Bakery Products Market Revenues, 2021-2031F |
6.4. Egypt Frozen Meat & Seafood Products Market Revenues, 2021-2031F |
6.5. Egypt Frozen Convenience Food and Ready Meals Market Revenues, 2021-2031F |
6.6. Egypt Other Frozen Food Market Revenues, 2021-2031F |
7. Egypt Frozen Food Market Overview, By Consumption |
7.1. Egypt Frozen Food Market Revenues, By Food Service, 2021-2031F |
7.2. Egypt Frozen Food Market Revenues, By Retail, 2021-2031F |
8. Egypt Frozen Food Market Overview, By Types |
8.1. Egypt Frozen Food Market Revenues, By Raw Material Type, 2021-2031F |
8.2. Egypt Frozen Food Market Revenues, By Half Cooked Type, 2021-2031F |
8.3. Egypt Frozen Food Market Revenues, By Ready to Eat Type, 2021-2031F |
9. Egypt Frozen Food Market Overview, By Distribution Channels |
9.1. Egypt Frozen Food Market Revenues, By Online Distribution Channels, 2021-2031F |
9.2. Egypt Frozen Food Market Revenues, By Offline Distribution Channels, 2021-2031F |
10. Egypt Frozen Food Market - Key Performance Indicators |
11. Egypt Frozen Food Market - Opportunity Assessment |
11.1. Egypt Frozen Food Market Opportunity Assessment, By Products, 2031F |
11.2. Egypt Frozen Food Market Opportunity Assessment, By Consumption, 2031F |
11.3. Egypt Frozen Food Market Opportunity Assessment, By Types, 2031F |
11.4. Egypt Frozen Food Market Opportunity Assessment, By Distribution Channels, 2031F |
12. Egypt Frozen Food Market Competitive Landscape |
12.1. Egypt Frozen Food Market Revenue Share, By Companies, 2024 |
12.2. Egypt Frozen Food Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Key Recommendations |
15. Disclaimer |