Egypt Herbs & Spices Market Research Report - Forecast to 2023

Egypt Herbs & Spices Market Research Report – Forecast to 2023

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Increasing application of Herbs and Spices in medicine, cosmetics, and other applications will fuel the growth of Herbs and Spices market further during the assessment period.

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Description

In the coming years, the Egypt Herbs and Spices market will advance at an incremental pace of development during the forecast period. Increasing application of Herbs and Spices in medicine, cosmetics, and other applications will fuel the growth of Herbs and Spices market further during the assessment period. Innovations in processing technique to increase the production of Herbs and Spices product will foster its growing need across various industries.
As people become more health conscious, their awareness of the benefits of dietary supplements is increasing. Dietary supplements provide various vitamin, mineral, fatty acids and many more. The dietary supplements offer various health benefits by strengthening the immune system and also provides prevention from cold & flu, migraine headaches, cholesterol, and arthritis. Many convenience food manufacturing companies have started using spices in their food to provide value addition and to make product differentiation from their competitors. This factor is playing a key role to drive sales of organic spices. Increasing consumer demand for healthy and organic foods is convincing more retailers to add organic food to their mix.
Regional Analysis:
The Egypt Herbs and Spices market is segmented into North Africa and South West Asia. North Africa region is estimated to retain its dominance throughout the forecast period of 2018-2023. The region is estimated to reach USD 100.89 million with registering a CAGR of 3.19%. Among the Egypt country, North Africa is accounting for the significant market proportion of 88.2% in the year of 2018, and the trend is expected to continue throughout the forecast period. However, the South West Asia region is projected to witness the maximum growth rate in the Egypt Herbs and Spices market during the forecast period.
Segments:
Herbs and Spices market has been segmented by type which comprises of herbs and spices.
By packaging materials, the Herbs and Spices has segmented into plastic, paper and other
By distribution channel, the herbs and spices have been segmented into store based and non-store based.
Key Players:
The leading market players in the Egypt Herbs and Spices market primarily are AL Sharq Spices (Elfayoum) Valley Herbs (Al Fayoum), International Aromatics S.A.E (Alexandria), Herbs Egypt (St. Giza), Green Valley Herbs (Fayoum), Aljawhara Herbs & Spices (Fayoum), United for Herbs and Spices (Fayoum), Berlik Spices (Fayoum)
Target Audience:
• Food & beverages manufacturers
• Herbs and Spices manufacturers
• Raw material suppliers
• End users (food & beverages industry)
• Retailers and wholesalers
• E-commerce companies
• Traders, importers, and exporters

Key Findings:
• Egypt herbs & spices market is projected to reach USD 114.8 million by 2023 at a growth rate of 3.27%
• Herbs are witnessed to have the highest growth rate with CAGR of 3.69% over the forecast period 2017-2023
• Plastic is expected to grow at a CAGR of 3.21 % in Egypt over the forecast period followed by paper.
• Store based distribution channel type of herbs and spices is projected to witness the highest growth rate over the estimated period.
Regional and Country Analysis of Herbs and Spices Market Development and Demand Forecast to 2023 Market:
As per the MRFR analysis, the Egypt Herbs and Spices market is estimated to reach USD 114.8 million during the forecast period 2018 to 2023 with registering A CAGR of 3.27%

The reports also cover country-level analysis:
• Egypt
o North Africa
o South West Asia

Global Organic Herbs & Spices Market – Trends & Forecast, 2017-2023

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Table of Contents

  1 Executive Summary 2 Market Introduction 2.1 Definition 2.2 Scope of the Study 2.3 List of Assumptions 2.4 Market Structure 2.5 Key Takeaways 2.6 Key Buying Criteria 3 Research Methodology 3.1 Research Process 3.2 Primary Research 3.3 Secondary Research 3.4 Market Size Estimation 3.5 Forecast Model 4 Market Dynamics 4.1 Introduction 4.2 Drivers 4.2.1 Growing Popularity of Ethnic and Exotic Foods 4.2.2 Increasing Demand for Ready-to-Use Spice/Herb Blends 4.2.3 Growing Demand for Dietary Supplement Products 4.3 Restraint 4.3.1 Changing Climate Conditions 4.4 Opportunities 4.4.1 Fair Trade Organization 4.4.2 Increasing Demand from Ready-to-Eat Food Manufacturers 4.4.3 Increasing Demand for Organic Herbs and Spices 4.5 Challenges 4.5.1 Risk of Food Adulteration 5 Market Factor Analysis 5.1 Value Chain Analysis 5.1.1 Raw Material Procurement 5.1.2 Processing 5.1.2.1 Washing 5.1.2.2 Threshing 5.1.2.3 Sifting 5.1.2.4 Drying 5.1.2.5 Sorting/Grading 5.1.2.6 Grinding/Cutting 5.1.3 Distribution & Sales 5.2 Supply Chain Analysis 5.3 Top Brands in Egypt Herbs & Spices Market 5.4 Porter's Five Forces 5.4.1 Threat of New Entrants 5.4.2 Threat of Substitutes 5.4.3 Bargaining Power of Buyers 5.4.4 Bargaining Power of Suppliers 5.4.5 Competitive Rivalry 6 Egypt Herbs & Spices Market, By Type 6.1 Overview 7 Egypt Herbs & Spices Market, By Packaging Material 7.1 Overview 8 Egypt Herbs & Spices Market, By Distribution Channel 8.1 Overview 9 Egypt Herbs & Spices Market, By Region 9.1 Overview 10 Competitive Landscape 10.1 Competitive Landscape 10.2 Major Distributors and Wholesalers in Egypt Herbs & Spices Market 10.2.1 Egyptian Exporters Co. 10.2.2 Elmotmiz for Herbs 10.2.3 EgyTrade 10.2.4 Farm Herbs 10.2.5 Egy Herbs for Import & Export 11 Company Profiles 11.1 AL Sharq Spices 11.1.1 Company Overview 11.1.2 Financial Overview 11.1.3 Products Offerings 11.1.4 SWOT Analysis 11.1.5 Key Strategy 11.2 Valley Herbs 11.2.1 Company Overview 11.2.2 Financial Overview 11.2.3 Products Offerings 11.2.4 SWOT Analysis 11.2.5 Key Strategy 11.3 International Aromatics S.A.E 11.3.1 Company Overview 11.3.2 Financial Overview 11.3.3 Products Offerings 11.3.4 SWOT Analysis 11.3.5 Key Strategy 11.4 Herbs Egypt 11.4.1 Company Overview 11.4.2 Financial Overview 11.4.3 Products Offerings 11.4.4 SWOT Analysis 11.4.5 Key Strategy 11.5 Green Valley Herbs 11.5.1 Company Overview 11.5.2 Financial Overview 11.5.3 Products Offerings 11.5.4 SWOT Analysis 11.5.5 Key Strategy 11.6 Aljawhara Herbs & Spices 11.6.1 Company Overview 11.6.2 Financial Overview 11.6.3 Products Offerings 11.6.4 SWOT Analysis 11.6.5 Key Strategy 11.7 United for Herbs and Spices 11.7.1 Company Overview 11.7.2 Financial Overview 11.7.3 Products Offerings 11.7.4 Key Strategy 11.8 Berlik Spices 11.8.1 Company Overview 11.8.2 Financial Overview 11.8.3 Products Offerings 11.8.4 Key Strategy 11.9 Calendula Herbs 11.9.1 Company Overview 11.9.2 Financial Overview 11.9.3 Products Offerings 11.9.4 Key Strategy 11.1 Al Ajmi Group for Import & Export 11.10.1 Company Overview 11.10.2 Financial Overview 11.10.3 Products Offerings 11.10.4 Key Strategy 12 Conclusion 12.1 Key Findings 12.1.1 Unmet Needs 12.1.2 Key Companies to Watch 12.1.3 Prediction

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