Egypt: Retail Foods
Demand for food and beverage products is expected to rise in the coming years. The economic policy reforms implemented in 2016 are yielding positive results on macroeconomic stability, but consumers still face high inflationary pressures. The Egyptian retail food sector continues to be dominated by traditional grocery stores, though supermarket chains, convenience stores and online retailing platforms are growing in number and popularity. Products from the United States face stiff competition from countries with which Egypt has trade agreements; however, opportunities exist for U.S. exporters.