Overall retail volume sales of processed meat, seafood and alternatives to meat look set to grow at reasonably robust rates throughout the forecast period. As increasingly busy lifestyles leave Algerians with less time for food shopping and meal preparation, growing appreciation for the convenience of processed meat and seafood products will continue to buoy demand, with rising urbanisation and the increasing participation of women in the workforce expected to remain key drivers of this trend.
While the outlook for processed meat, seafood and alternatives to meat over the forecast period is positive on the whole, retail volume growth rates for all categories are projected to be slower than those recorded over 2017-2022. This is partly due to increasing maturity, though it is also likely heightened budget-consciousness will constrain demand for some time as inflationary pressures drive up the cost of living and subdue purchasing power among Algerians.
Growing consumer demands for convenience should have a significant influence on company activity in processed meat, seafood and alternatives to meat over the forecast period. For example, it is expected manufacturers will introduce products that can reduce the amount of time and effort involved in meal preparation, as well as resealable packaging formats that keep contents fresh for longer.
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Processed Meat, Seafood and Alternatives to Meat
This is the aggregation of processed meat, processed seafood and meat and seafood substitutes.See All of Our Definitions
This report originates from Passport, our Processed Meat, Seafood and Alternatives to Meat research and analysis database.
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