Egypt Organic Food Market : Key Players, Growth, Analysis, 2020 – 2027
The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including product type and distribution channel.
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Egypt Organic Food Market drivers:
Growing awareness associated with the side-effects of pesticides, fertilizers and the prevalence of genetically modified seeds and crops in Egypt are factors driving the growth of the Egypt organic food market. Furthermore, the growing number of organic farms in Egypt resulted from high profits earned by organic agriculture, thereby promoting the farmers to opt for organic agriculture methods. The numerous motivations attract consumers to buy organic food products such as rising environmental concerns, health concerns, growing focus on food quality and safety. The people in Egypt are moving towards a balanced life and healthy food products. All these factors are fuelling the growth of the market.
Agriculture is an essential component of the Egyptian economy and is dominated by the small farmers that use the traditional practices which do not meet international standards. The government is pushing the farmers and large-scale producers to adopt organic farming practices to cope up with the growing demand of the market. Nearly 60 percent of the Egyptian-grown herbs and organic food products are exported to the European economies such as Italy and Germany. This factor is further accelerating the demand for organic food products in the country. On the other edge of the spectrum, the low shelf life of the organic food products, coupled with the premium price range of these products, will hinder the growing demand of the market.
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Egypt Organic Food Market Segmentation:
According to the report published by GMI Research, titled “Egypt Organic Food Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:
By Product Type:
- Organic Meat, Poultry, and Dairy
- Organic Fruits and vegetables
- Organic Processed Food
- Others
By Distribution Channel:
- Supermarket/Hypermarket
- Convenience Store
- Speciality Stores
- Online
- Others
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