{"id":650727,"date":"2017-03-30T03:55:15","date_gmt":"2017-03-30T03:55:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/the-profile-of-egypts-food-retail-sector\/"},"modified":"2017-03-30T03:55:15","modified_gmt":"2017-03-30T03:55:15","slug":"the-profile-of-egypts-food-retail-sector","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/the-profile-of-egypts-food-retail-sector\/","title":{"rendered":"The profile of Egypt\u2019s food retail sector"},"content":{"rendered":"

<\/a> Food sales at Egyptian supermarkets and hypermarkets are expected to double<\/strong> from their 2011 levels by 2017<\/strong>, according to a report by the USDA Foreign Agriculture Service<\/a>. Smaller supermarket outlets opened by Turkey\u2019s BIM and home-grown hard discounter Kazyon represent a growing percentage of the modern supermarket retail channel in Egypt. They are expected to continue growing in the coming year, but even with recent growth in modern supermarkets, they still only account for less than 1% of the establishment and around 23% of the total sales. \u201cThe Egyptian retail food market is still dominated by small, privately held grocers, butchers, bakers, etc.; a situation that will not change very rapidly.\u201d<\/p>\n

BIM, Kazyon, Carrefour, and Ragab Sons led the market in terms of sales in 2016, according to the report. The report also suggests that \u201cfirms interested in exporting to the Egyptian market should begin by identifying an Egyptian importer or distributor, with whom they can build a relationship.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Food sales at Egyptian supermarkets and hypermarkets are expected to double from their 2011 levels by 2017, according to a report by the USDA Foreign Agriculture Service. Smaller supermarket outlets opened by Turkey\u2019s BIM and home-grown hard discounter Kazyon represent a growing percentage of the modern supermarket retail channel in Egypt. They are expected to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650727","post","type-post","status-publish","format-standard","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"25edb352-8764-4123-89b3-43bdd90ec968","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650703],"teaser":"","voice_url":""},"yoast_head":"\nThe profile of Egypt\u2019s food retail sector - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/the-profile-of-egypts-food-retail-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The profile of Egypt\u2019s food retail sector\" \/>\n<meta property=\"og:description\" content=\"Food sales at Egyptian supermarkets and hypermarkets are expected to double from their 2011 levels by 2017, according to a report by the USDA Foreign Agriculture Service. Smaller supermarket outlets opened by Turkey\u2019s BIM and home-grown hard discounter Kazyon represent a growing percentage of the modern supermarket retail channel in Egypt. 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