Market Forecast By Product Types (Instant Breakfast/Cereals, Instant Soups and Snacks, Ready Meals , Baked Goods, Meat Products & Others), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores , Convenience Stores & Others) and competitive landscape
Product Code: ETC003373 | Publication Date: Aug 2020 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Jordan Ready to Eat Food Market registered a decline of -5.58% in value shipments in 2022 as compared to 2021 and an increase of 7.76% CAGR in 2022 over a period of 2017. In Ready to Eat Food Market Jordan is becoming less competitive as HHI index in 2022 was 2617 while in 2017 it was 1969. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Jordan has reportedly relied more on imports to meet its growing demand in Ready to Eat Food Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Ready to Eat Food Market in 2022 was 9.27 while in 2017 it was 3.9. Palestine, Egypt, Turkey, China and Lebanon were among the top players of the market in 2022, where Palestine acquired the largest market share of 32.2% with a shipment value of 1.28 million USD in 2022 Palestine also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Ready to Eat Food Market. In 2017 Egypt had the largest market share of 25.43% with the shipment value of 0.69 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As Egypt price is lower than the average price, it provided a significant edge among other competitor in 2017.
Jordan Ready to Eat Food market is expected to register growth during the forecast period 2020-26F owing to the rising number of the middle-class population coupled with increasing preference of consumers towards buying premium food staples. Rising needs for convenience in food consumption is the major driving force that is expected to proliferate the market growth of Jordan ready to eat food market coupled with increasing disposable incomes of the consumer. Rising changes in the dietary needs of the natives of the consumers is leading to a substantial increase in the domestic production of ready to eat foods along with rising concerns for the fulfillment of the nutritional needs of the population in the country is anticipated to provide immense benefits for the growth of the Jordan ready to eat food market in the coming years.
According to 6Wresearch, Jordan Ready to Eat Food Market is anticipated to witness growth during the forecast period 2020-26F. Rising effects of the COVID-19 virus are likely to contribute towards the slow growth of the Ready to eat the Food industry in the country on the back of complete lockdown and is likely to hamper the consumer spending which would restrain the growth of Jordan Ready to eat Food market during 2020. However, owing to rising health and hygiene concerns, ready to eat food is anticipated to register substantial sales volume during and in the later part of 2020 on the back of shelf-piling dry food concerns in the country.
On the basis of distribution channels, hypermarkets/supermarkets are expected to register the highest growth in the overall Jordan ready to eat food market during the forecast period 2020-26F owing to an increase in the number of retail outlets coupled with the emergence of e-retailing services provided by the hypermarkets in the country. Moreover, an increase in the participation of women in the workforce along with rapid urbanization and increased per capita spending is expected to contribute towards significant demand for ready to eat food in the country in the coming years.
The Jordan Ready to Eat Food report thoroughly covers the market by Product Types and by Distribution Channels. Jordan Ready to Eat Food outlook report provides an unbiased and detailed analysis of the on-going Jordan Ready to Eat Food 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.
Key Highlights of the Report:
Jordan Ready to Eat Food Market Report Covered:
Markets Covered
The Jordan Ready to Eat Food Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Jordan Ready to Eat Food Market Overview |
3.1. Jordan Ready to Eat Food Market Revenues, 2016-2026F |
3.2. Jordan Ready to Eat Food Market Revenue Share, By Product Types, 2019 & 2026F |
3.3. Jordan Ready to Eat Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.4. Jordan Ready to Eat Food Market Revenue Share, By Countries, 2019 & 2026F |
3.5. Jordan Ready to Eat Food Market Industry Life Cycle |
3.6. Jordan Ready to Eat Food Market- Porter’s Five Forces |
4. Jordan Ready to Eat Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Jordan Ready to Eat Food Market Trends |
6. Jordan Ready to Eat Food Market Overview, By Product Types |
6.1. Jordan Ready to Eat Food Market Revenues, By Instant Breakfast/Cereals, 2016-2026F |
6.2. Jordan Ready to Eat Food Market Revenues, By Instant Soups and Snacks, 2016-2026F |
6.3. Jordan Ready to Eat Food Market Revenues, By Ready Meals, 2016-2026F |
6.4. Jordan Ready to Eat Food Market Revenues, By Baked Goods, 2016-2026F |
6.5. Jordan Ready to Eat Food Market Revenues, By Others, 2016-2026F |
6.6. Jordan Ready to Eat Food Market Revenues, By Meat Products, 2016-2026F |
7. Jordan Ready to Eat Food Market Overview, By Distribution Channels |
7.1. Jordan Ready to Eat Food Market Revenues, By Online Retailers, 2016-2026F |
7.2. Jordan Ready to Eat Food Market Revenues, By Convinieince Stores, 2016-2026F |
7.3. Jordan Ready to Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F |
7.4. Jordan Ready to Eat Food Market Revenues, By Others, 2016-2026F |
8. Jordan Ready to Eat Food Market Overview, By Region |
8.1. Jordan Ready to Eat Food Market Revenues, By Region, 2016-2026F |
8.2. Jordan Ready to Eat Food Market Volume, By Region, 2016-2026F |
9. Jordan Ready to Eat Food Market Key Performance Indicators |
10. Jordan Ready to Eat Food Market Opportunity Assessment |
10.1. Jordan Ready to Eat Food Market, Opportunity Assessment, By Product Types, 2025F |
10.2. Jordan Ready to Eat Food Market, Opportunity Assessment, By Region, 2025F |
11. Jordan Ready to Eat Food Market Competitive Landscape |
11.1. Jordan Ready to Eat Food Market Competitive Benchmarking, By Product |
11.2. Jordan Ready to Eat Food Market Revenue Share, By Company, 2019 |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |