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The COVID-19 pandemic is likely to further exacerbate economic growth constraints due to the international oil price collapse. In addition, with increased unemployment inflation is likely to increase and the Algerian dinar to depreciate thereby increasing consumers’ price sensitivity as disposable incomes decrease in 2020.
Sweet biscuits, snack bars and fruit snacks is witnessing significant growth in the number of domestic brands, in particular Palmary by SOBCO Sarl and Bifa by Bifa Biskuvi ve Gida Sanayii AS in 2020. The share of international brands is decreasing considerably due to strong restrictions on imports by the Algerian authorities, imposed to address the large foreign trade imbalance driven by the fall in oil prices.
Local player BIMO consolidates its leading position in sweet biscuits, snack bars and fruit snacks retail value sales in 2020. The main reasons for BIMO’s leadership are its long-standing presence and strong distribution network, which reaches all points of sale around the country.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Biscuits and Snack Bars industry in Algeria with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Biscuits and Snack Bars industry in Algeria, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.