Egypt: Retail Foods Annual

  |   Attaché Report (GAIN)   |   EG2024-0024
Against the backdrop of a series of global shocks, regional conflict, and the war in Ukraine, the Egyptian economy slowed down in 2024 and is projected to recover gradually in the coming years. Small local grocers are the dominant channel in the Egyptian retail market, comprising of more than $13 billion in retail sales and approximately 60 percent market share. However, the food retail industry in Egypt is becoming increasingly competitive, with both local and international players competing for market share through pricing and product innovation.

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