Market Size of Egypt Food Sweetener Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.22 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Egypt Food Sweetener Market Analysis
Egypt's food sweetener market is projected to record a CAGR of 5.22% over the next five years.
Sucrose, commonly known as cane sugar or table sugar, is one of the most used sweeteners across the country. Aside from providing sweetness, Sucrose also acts as a bulking agent and provides the desired mouthfeel for food products. The demand for high-intensity sweeteners is growing due to increased awareness and usage of dietary foods. Another major driver is the growing population of overweight, obese, and diabetic patients, resulting in this category's growth.
The country imports a certain amount of sugar and sugar-based products to cater to the rising demand for sweeteners in the food industry. For instance, the UN COMTRADE revealed that Egypt imported sugar worth USD 228 million in 2021.
With increasing consumer inclination toward convenience and processed food products in the country, the demand for sweet confectionery has driven the market in recent years. However, manufacturers in the market are focusing on incorporating sugar alternative sweetening agents in the processing of confectionery goods to cater to the growing consumer demand for healthier food and beverage products.