Egypt Beef Market (2024-2030) | Outlook, Revenue, Industry, Forecast, Size, Analysis, Companies, Value, Share, Growth & Trends

Topics Covered in the Egypt Beef Market Report

Egypt Beef Market report thoroughly covers the market by beef cut and by beef slaughter method. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Egypt Beef Market Synopsis

The Egypt beef market is experiencing a dynamic phase, with domestic consumption on the rise due to increasing population and changing dietary preferences. As the demand for protein-rich diets grows, consumers are turning towards beef, bolstering the market substantially.

According to 6Wresearch, the Egypt Beef Market size is estimated to reach at a CAGR of 5.9% during the forecast period 2024-2030. One of the primary drivers of the market is the expanding middle class with more disposable income to spend on quality food products. Additionally, government initiatives aimed at stabilizing food prices and ensuring meat availability have positively influenced the beef industry. The cultural significance of beef in Egyptian cuisine also continues to sustain its demand. However, the Egypt Beef industry faces challenges such as fluctuating global beef prices, stringent import regulations and the need for improving cold storage and distribution infrastructure further complicate the scenario. Despite these challenges, the market is still growing tremendously due to some emerging trends such as the growing interest in organic and locally sourced meat, traceability for ensuring quality and safety, and the integration of halal certification processes to cater to the cultural preferences. Additionally, the retail sector is seeing a shift towards online meat shopping platforms, aligned with global digitalization trends.

Government Initiatives Introduced in the Egypt Beef Market

The Egyptian government has introduced several initiatives aimed at stabilizing beef prices and ensuring consistent meat availability. These include subsidies for livestock farmers, investment in veterinary services to improve herd health, and partnerships with other nations for secure beef imports. Furthermore, campaigns to educate consumers about beef safety and quality are part of the government's efforts to maintain a robust beef market.

Key Players in the Egypt Beef Market

The Egypt beef market is characterized by a mix of multinational corporations, state enterprises, and private entities that operate within its confines. Among the notable organizations are Dina Farms, Cairo Poultry Company, and Al Watania.

Future Insights of the Egypt Beef Market

The Egypt beef market growth is likely to evolve with the introduction of advanced farming techniques, bolstered by governmental support, is expected to improve local beef production. Innovation in cold chain logistics will potentially address current infrastructure challenges. Moreover, the trend towards online grocery shopping is likely to continue, making e-commerce an increasingly vital channel for beef distribution in Egypt. The demand for high-quality, traceable, and halal-certified beef is projected to dictate market growth, compelling industry players to adapt to these consumer preferences.

Market Analysis by Beef Cut

According to Dhaval, Research Manager, 6Wresearch, the loin cut is experiencing a growing demand due to its tenderness and versatile usage in various traditional and modern dishes.

Market Analysis by Beef Slaughter Method

Based on the beef slaughter method, the Halal certification is growing in the market. This method has gained traction due to the predominant Muslim population in Egypt. With consumers becoming increasingly aware and concerned about how their food is sourced and processed, Halal-certified beef is not just a religious preference but also a mark of quality assurance for many.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Egypt Beef Market Outlook
• Market Size of Egypt Beef Market, 2023
• Forecast of Egypt Beef Market, 2030
• Historical Data and Forecast of Egypt Beef Revenues & Volume for the Period 2020 - 2030
• Egypt Beef Market Trend Evolution
• Egypt Beef Market Drivers and Challenges
• Egypt Beef Price Trends
• Egypt Beef Porter's Five Forces
• Egypt Beef Industry Life Cycle
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Beef Cut for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Brisket for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Shank for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Loin for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Beef Slaughter Method for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Kosher for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Halal for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Beef Market Revenues & Volume By Others for the Period 2020 - 2030
• Egypt Beef Import Export Trade Statistics
• Market Opportunity Assessment By Beef Cut
• Market Opportunity Assessment By Beef Slaughter Method
• Egypt Beef Top Companies Market Share
• Egypt Beef Competitive Benchmarking By Technical and Operational Parameters
• Egypt Beef Company Profiles
• Egypt Beef Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Beef Cut

• Brisket
• Shank
• Loin
• Others

By Beef Slaughter Method

• Kosher
• Halal
• Others

Egypt Beef Market (2024-2030)