Egypt Dairy & Soy Food – Market Assessment and Forecasts to 2025
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The Egyptian dairy & soy food market was valued at $2,467.3 million in 2020 and is projected to grow at a CAGR of more than 9% during the forecast period 2021-2025. Per capita expenditure on dairy & soy food stood was found to be lower than both the global level and the regional level. The cheese was the largest category, however, the grain, nut, rice, seed milk category is forecast to register the fastest value growth. In volume terms, cheese was the largest category followed by milk. Furthermore, the grain, nut, rice, seed milk category is forecasted to be the fastest-growing category in volume terms at a CAGR of more than 18%, followed by soymilk & soy drinks. Hypermarkets & supermarkets was the leading distribution channel in the Egyptian dairy & soy food sector. In Egypt, dairy & soy food consumption is higher among males than females.
Overview of dairy & soy food market in Egypt
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What are the market dynamics in the Egyptian dairy & soy food market?
Egypt has been accounted for a value share of more than 4% and more than 5% volume share in the Middle East & Africa dairy & soy food sector in 2020. The country is expected to register overall value growth of 16.1% during 2020-2025, and overall volume growth of 20.9% during the same period. Egypt ranks second in terms of fragmentation when compared to the leading countries in the region, with the top five companies accounting for a share of more than 45% in 2020.
Cairo emerged as the largest dairy & soy food market in Egypt in 2020. The dairy & soy food market in Alexandria recorded the fastest growth while Cairo recorded the slowest growth during the same period. Cairo recorded the higher consumption of cheese in 2020, followed by Alexandria. Milk is the second largest category by consumption across the two cities in Egypt.
What are the different segments in Egypt’s dairy & soy food market?
The different segments of dairy & soy food in Egypt are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, grain, nut, rice, seed milk alternatives, milk, soymilk & soy drinks, and yogurt. Cheese led the Egyptian dairy & soy food sector in terms of per capita consumption in 2020, followed by milk and yogurt respectively. Furthermore, the per capita consumption of the cheese category was higher in Egypt than both the regional and global averages in 2020. However, per capita consumption of butter & spreadable fats, cream, Dairy-based & soy-based desserts, drinkable yogurt, grain, nut, rice, seed milk alternatives, and yogurt categories were lower in Egypt compared to both the global and regional averages in the same year. Furthermore, per capita consumption for the soymilk & soy drinks category was higher in Egypt compared to the regional average but was lower compared to the global average.
Egypt dairy & soy food market, by segments
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What are the key channels in Egyptian dairy & soy food?
The key distribution channels in the dairy & soy food market in Egypt are hypermarkets & supermarkets, convenience stores, food & drinks specialists, Dollar stores, e-retailers, and others. Hypermarkets & supermarkets were the leading distribution channel in the Egyptian dairy & soy food sector, with a value share of more than 44% in 2020.
Egypt dairy & soy food market, by key distribution channels
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Who are the key players in Egypt’s dairy & soy food market?
The leading key players in the market are Group Lactalis SA, Juhayna Food Industries, Riyada Egypt, Royal FrieslandCampina N.V and Obour land Co are the companies in Egypt dairy & soy food sector.
Egypt dairy & soy food market, by key players
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Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis.
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities.
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning.
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector.
- Analysis of key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
Juhayna Food Industries
Riyada Egypt
Royal FrieslandCampina N.V.
Obour land Co
Arabian Food Industries Co
Fromageries Bel
Almarai
Nestle SA
Khoshala Co.
Danone Group
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Frequently asked questions
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What is the market size of Egypt’s dairy & soy food in 2020?
Egypt’s dairy & soy food market was valued at $2,467.3 million in 2020.
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What is the growth rate of Egypt’s dairy & soy food market?
The growth rate of the dairy & soy food market in Egypt is expected to grow at a compound annual growth rate of more than 9% during the forecast period.
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What are the key channels in the Egyptian dairy & soy food market?
The key distribution channels in the dairy & soy food market in Egypt are hypermarkets & supermarkets, convenience stores, food & drinks specialists, dollar stores, and e-retailers.
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What are the key categories in the Egyptian dairy & soy food market?
The key categories of the market are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, grain, nut, rice, seed milk alternatives, milk, soymilk & soy drinks, and yogurt.
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Who are the key players in the Egyptian dairy & soy food market?
Group Lactalis SA, Juhayna Food Industries, Riyada Egypt, Royal FrieslandCampina N.V, and Obour land Co are the key players in the Egypt dairy & soy food market.
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