Having declined during 2020, retail volume sales of savoury snacks will rebound strongly during 2021. With restrictions on movement easing, consumers will spend less time at home.
Popcorn was the top performer in savoury snacks during both 2020 in terms of its rate retail current value sales growth, and this trend will continue into 2021. This reflects the fact that consumers are still spending more time at home – watching films and TV series on their sofas, rather than visiting cinemas.
Chipsy For Food Industries Co SAE will remain the leader in savoury snacks during 2021. The breath of its product portfolio – which includes such international brands as Doritos, Sunbites and Lay’s – and distribution network are unmatched by any of its rivals.
While the rate of growth in retail current values sales of savoury snacks will ease during 2022, it will remain relatively robust during the remainder of the forecast period. Demand growth will be supported by an anticipated post-pandemic economic rebound, an increasing population and relatively muted growth in unit price.
Heightened consumer interest in health and wellness is likely to impact demand for savoury snacks during the forecast period. Health consciousness was growing even before the onset of the pandemic, and COVID-19 has strengthened this trend by underlining the health risks associated with obesity.
Traditional grocery retailers continue to dominate the distribution of savoury snacks due to the accessibility of these stores to local consumers, but they are likely to lose retail value share to modern grocery retailers during the forecast period. Such chains as Carrefour and LuLu are steadily expanding their store footprints in Egypt – opening outlets in smaller urban centres and in residential areas in Cairo and Alexandria.
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 Sweet and Savoury Snacks 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 Sweet and Savoury Snacks 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 Sweet and Savoury Snacks 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