Cheese recorded good growth during 2021 in both volume and value terms due to the lack of price increases and improved, more stable economic conditions in the country. Also, cheese is a main commodity in Egyptian households, supporting ongoing demand and sales growth.
Distribution and supply was improved and undisrupted in 2021 as demand was normal with no panic buying as there was in 2020, which caused problems for most companies due to supply shortages and production problems due to the fear for workers’ health. Meanwhile there was an increase in sales of cheese in traditional trade over modern trade as the former is more convenient and less crowded.
Cheese is expected to witness good and stable growth in the forecast period to 2026 due to the stability of its prices, encouraging consumers to maintain established purchasing behaviours and driving higher volume sales and the importance of this product in every house. Consumption of cheese is expected to remain at a higher level during the forecast period compared to the review period, reflecting its status for many households as an affordable and versatile staple food product.
Soft cheese is expected to record the best growth over the forecast period due to its affordable pricing and as it cannot be replaced or traded. Due its low prices it is considered one of the cheapest meals and the wide availability of different flavoured products across all retail channels appeals to consumers.
Having flourished over the review period due to the high prices of imported products and support from government initiatives, consumers in Egypt may once again turn to locally manufactured cheese if there is an increase in the price of imported products. This would encourage consumers to seek more affordable alternatives, enabling local manufacturers to capture demand that would otherwise be met by imported products.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
Understand the latest market trends and future growth opportunities for the Cheese industry in Egypt with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cheese industry in Egypt, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our Cheese research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page