Exploring Egypt’s Herbs and Spices
Market: Size, Share, and 2032 Growth Prospects 

Market Dynamic:

The Egypt
Herbs and Spices Market is nearing maturity, yet is far from
stagnating, as new demand is coming in from the country’s increasing urban
population. The food and beverage industry is a major sector in Egypt, with the
country’s population of more than 90 million estimated to spend more than 40%
of their monthly salary on food. The strategic location of Egypt as a key trade
hub between Europe and the Middle East/Asia Pacific is also likely to remain a
key driver for the Egypt herbs and spices market over the forecast period.

The increasing
availability of ready to use herbs and spices is likely to be a key factor for
the Egypt herbs and spices market over the forecast period. Egyptian consumers
are increasing their demand for convenience foods that can be prepared and
consumed in a matter of minutes. Ready to use herbs and spices are crucial in
achieving a pleasurable taste in such preparations. Increasing popularity of
ethnic dishes in Egypt is likely to lead to a strong growth in demand for herbs
and spices, as Egyptian cuisine employs spices and herbs liberally. The growing
demand for fast foods and health foods is also likely to drive the Egypt herbs
and spices market over the forecast period. Herbs and spices are used on a
large scale in medicinal preparations in Egypt, which could be a major driver
for Egypt herbs and spices market over the forecast period.

On the other
hand, the uncertainty in the cultivation of herbs and spices in Egypt due to
natural fluctuations in rainfall and other factors is likely to drag back the
Egypt herbs and spices market in the coming years.

Competitive Landscape:

The Egypt
herbs and spices key market companies include Organic Spices Inc.
(U.S.), L. Sharq spices (Elfayoum), International Aromatics S.A.E.
(Alexandria), Green Valley Herbs (Fayoum), Aljawhara Herbs and Spices (Fayoum),
United for Herbs and Spices (Fayoum), Berlik Spices (Fayoum), Frontier Natural
Products Co-op (Norway), Rapid Organic Pvt Ltd (India), Earthen Delight
(India).

Segmentation:

The Egypt herbs and spices market report is
segmented on the basis of type, packaging material, distribution channel, and
region.

By type, the Egypt herbs and spices market
is segmented into herbs and spices. The spices segment holds a larger share and
is expected to exhibit a steady 3.27% CAGR over the forecast period. The spices
segment is majorly driven by the growing demand from the food and beverage
industry in Egypt, which has led to a growing demand for spices of various
kinds. On the other hand, the herbs segment is expected to exhibit a higher
CAGR over the forecast period and grow steadily due to the growing inclusion of
herbs in cosmetic products in Egypt. The increasing demand for Mediterranean
food, which uses herbs in large volumes, in Egypt is also likely to be a major
driver for the herbs and spices market in Egypt over the forecast period.

By packaging material, the Egypt herbs and
spices market is segmented into paper, plastic, and others. Plastics held the
dominant share in the Egypt market in 2017, accounting for 58.35% of the
overall market. The paper segment is also expected to exhibit steady growth in
the coming years, as, apart from moisture resistance, paper presents many of
the key attributes required to store and transport spices and herbs.

By distribution channel, the Egypt herbs
and spices market is segmented into store-based and non-store-based.
Store-based distribution is likely to dominate the Egypt herbs and spices
market over the forecast period.

Regional Analysis:

The Egypt herbs
and spices industry is segmented into North Africa and Southwest Asia.
The presence of strong urban centers in the North Africa region is likely to
drive the demand for herbs and spices in the North Africa region of Egypt over
the forecast period. The North Africa region of Egypt holds urban centers such
as Cairo and Alexandria, leading to a growing demand for cosmetics as well as
food and beverages in this region. The increasing demand for herbs and spices
from the cosmetics industry is likely to be a major driver for the Egypt herbs
and spices market over the forecast period. the growing demand for personal
care products in urban centers in Egypt is likely to be a major driver for the
cosmetics industry in the region. Herbs as well as certain spices are widely
used in cosmetic products and are thus likely to exhibit an increase in demand
over the forecast period. The increasing awareness regarding personal
appearance and cleanliness is likely to drive the cosmetics sector in Egypt
over the forecast period, leading to a growing demand from the herbs and spices
market in the country. Increasing awareness about American cosmetic products
and the increasing efforts from multinational cosmetics industry players to
incorporate local flavors and products into the cosmetic products sold in Egypt
are also likely to be a major driver for the Egypt herbs and spices market over
the forecast period.

The growing food and beverage industry in
Egypt is also likely to remain a major driver for the Egypt herbs and spices
market over the forecast period. The food and beverage industry makes use of
herbs and spices liberally and in a wide range of products. This is likely to
drive the Egypt herbs and spices market over the forecast period. The
increasing demand for ethnically Egyptian food in Egypt is likely to drive the
Egypt herbs and spices market over the forecast period, as local herbs and
spices are likely to be consumed in increasing volumes for the production of
the same. The growing popularity of traditional food in Egypt with a twist of
taste with Western ingredients or herbs and spices is likely to be a major
driver for the Egypt herbs and spices market over the forecast period.

The Southwest Asia region is expected to
exhibit a higher CAGR over the forecast period, exhibiting a robust 3.87% over
the forecast period. The growing demand for food and beverages in the Southwest
Asia sector of Egypt is likely to remain a major driver for the Egypt herbs and
spices market over the forecast period.

Browse Related Reports

Weight Control Products Market: https://www.marketresearchfuture.com/reports/weight-control-products-market-1318

Low-Fat Cheese Market: https://www.marketresearchfuture.com/reports/low-fat-cheese-market-1319

Spirulina Market: https://www.marketresearchfuture.com/reports/spirulina-market-1321

Vitamins Market: https://www.marketresearchfuture.com/reports/vitamins-market-1331

Baby Food and Infant Formula Market: https://www.marketresearchfuture.com/reports/baby-food-infant-formula-market-1349

Garcinia Market: https://www.marketresearchfuture.com/reports/garcinia-market-1364

About Market Research Future:

Market Research Future (MRFR) is a
world-renowned market research company that offers a wide range of services,
complete with accurate and precise analysis about diverse markets, sub-markets
and target consumers. Our approach is a combination of extensive information
and multiple data sources that help provide an exhaustive comprehension about
the latest major developments to the client, in addition to future events and
what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is
armed with an adept research analysts’ team that focuses on gathering useful
data and analytics in terms of economic and technological advances. Our
proficient analysts conduct industrial visits in a bid to achieve reliable and
accurate information from established market participants. One of our foremost
objectives is to keep the client well-versed with all the lucrative
opportunities as well as challenges surrounding various global markets. We
offer step-by-step guidance to our clients, through consulting and strategic
services, enabling them to arrive at a practical and effective decision.

Contact us:

Market Research Future (part of
Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,
New York 10013, United States of America