Egypt dairy food market: EGP 64 billion industry by 2017

Press Release   •   Jul 04, 2013 15:37 BST

The Egypt dairy food market is suggested to have reached a value of over EGP 40 billion by the beginning of 2007, and is estimated to have hit a valuation of EGP 50 billion in 2012. From here the industry is predicted to reach a total in 2017 of around EGP 64 billion.

Between 2007 and 2012 the Egypt dairy food market grew at a CAGR of 4.3%, and is predicted to increase to a CAGR of 5.34% for the forecast period of 2012 and 2017. In terms of categories, 'Cheese' is the industry leader, with the second and third categories a close run race between 'Milk' and 'Butter & Spreadable Fats' respectively. Despite this, the fastest growing category in Egypt's dairy food market is forecast to be 'Yoghurt', which is predicted to grow at a CAGR of 7.68% during the forecast period.

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