العربية

Food Manufacturing Sector in Africa

Our unique report  takes a close look at Food Manufacturing in Egypt and Africa.

Overview:

The food sector currently stands as a vital and key component of the African economy. It depicts a sufficiently large market depth along with compelling market dynamics that are expected to support continued interest by current and potential investors in tapping the African opportunity over the long-term.

From a demand perspective, total food consumption in Africa is estimated at around $423bn in 2015 or 16% of GDP, and is expected to grow at an annual rate of 8% over the next 5 years.

Geographically, a limited number of countries currently account for the bulk of the food demand, with the 5 largest markets accounting for 60% of the total. Nigeria and Egypt lead with a market size of $60bn each, followed by South Africa at $39bn. Smaller markets like Sudan, Angola, Cameroon and Uganda are depicting the fastest growth rates, with high double-digits.

The Food Manufacturing Sector in Egypt

Investment in Egypt’s food and drink sector is increasing. Both local and multinational companies have recognised the significant opportunities presented by a large domestic consumer market, a strategic geographical location at the heart of the Middle East and Africa and a plentiful and cost-effective labour force.

Who is Exporting to Egypt and Africa?

 

 

International Exhibitors

Are you exporting to or setting up your business in MEA? Find the relevant information specifically for your country