Market Trends of Egypt Food Flavor and Enhancer Industry
This section covers the major market trends shaping the Egypt Food Flavor & Enhancer Market according to our research experts:
Increasing Inclination Towards Natural Flavors
Specialty flavors have numerous applications in coffee, beer, functional beverages, dairy, bakery, flavor modifiers, etc. Moreover, growing consumer preference for clean-label products during the forecast period by Egyptians, will act as a prominent driver for the use of natural specialty flavors in the country.
Specialty flavors are mainly used to improve or enhance the natural flavors of foods, in addition to masking the unpleasant flavor of specific additives. Also, specialty coffees are differentiated from regular coffee by their particularly good flavor. These factors are thus expected to support the increase in application for natural flavors.
Rising Consumption of Food and Beverage Products
Egypt's food processing and manufacturing sector is fragmented. A large number of companies in Egypt manufacture food products such as edible oils, ready meals, soup, spreads, butter and margarine, flavored milk, chocolate confectionery, gum, ice cream, and frozen desserts, and savory snacks.As per USDA estimate, the manufacture food products sales were at USD 8 billion in 2018. Turnover in baked goods, processed fruit and vegetables, sauces, dressings and condiments, cheese, other dairies, sugar confectionery, sweet biscuits, and snack bars, and fruit snacks by some estimates is about USD 7 billion. Therefore these factors are expected to increase the application of food flavors and enhancers in the Egypt market.
