Egypt Herbs & Spices Market Research Report - Forecast to 2023

Published - Nov 2018 | Category - Food & Beverages | No. of Pages - 65 | Published By - Market Research Future

Egypt Herbs & Spices Market research report — by type (Herbs and Spices) Packaging materials (Plastic, Paper, and others) Distribution Channel (Store based, and Non-store based)– Forecast till 2023

Herbs and spices import continues to rise in Egypt as consumption levels surge upwards. The Egypt herbs and spices market reached a valuation of USD 94.8 Mn in 2017 and is projected to exhibit a compound annual growth rate of 3.27% between 2018 and 2023. Herbs and spices are used in a variety of Egyptian culinary items. Apart from food flavoring and garnishing, they also find application in preparation of traditional medicine.  

Moreover, many of the herb and spice variants are in demand in the country’s personal care and cosmetic industry. The consumer trends in Egypt suggest a likely escalation in sales of organic varieties in the near future. Competition remains moderate, with domestic brands controlling a sizable percentage of the market. Factors such as increased preference for organic food and rising popularity of ready-to-eat food are also making a positive impact on the market.  


 

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