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    Ministry signs agreement to support Oman’s honey industry

    Ministry signs agreement to support Oman’s honey industry

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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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    Azerbaijan, Iraq discuss prospects of relations

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          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Azerbaijan, Iraq discuss prospects of relations

          Azerbaijan, Iraq discuss prospects of relations

          Oman inks pack to bolster role of SMEs in food systems

          Oman inks pack to bolster role of SMEs in food systems

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          MAFWR, Port of Duqm sign MoU

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Turkey eyes $5bn bilateral trade with Qatar

            Turkey eyes $5bn bilateral trade with Qatar

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Local, Italian companies partner up to establish food retail chain in Egypt

            Local, Italian companies partner up to establish food retail chain in Egypt

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            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Miral’s premier Abu Dhabi waterfront project work on track

            Miral’s premier Abu Dhabi waterfront project work on track

            Aecom wins Neom utilities infrastructure design contract

            Aecom wins Neom utilities infrastructure design contract

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              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              France to help Iraq generate electricity, will invest in education, science: Macron

              France to help Iraq generate electricity, will invest in education, science: Macron

              Acwa Power inks finance deals for 900MW Dubai solar park

              Acwa Power inks finance deals for 900MW Dubai solar park

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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                UAE sends medical aid to Iraq to fight COVID-19

                UAE launches phase III trial of inactivated Covid vaccine

                UAE launches phase III trial of inactivated Covid vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Frozen food market is forecasted to show strong growth in Egypt

              Future Market Insights (fmi)

              March 18, 2017
              in Agriculture, Food
              0

              Frozen food is an excellent alternative to fresh and cooked foods. Convenience is the major factor driving the frozen food market. Other drivers for Frozen Food market are increasing disposable income and growing number of working women.

              On the basis of product type market is segmented into frozen vegetables, frozen meat, frozen fish, frozen potatoes, frozen meals, frozen soup. Based on geography, frozen food market is segmented into Egypt, Saudi Arabia, United Arab Emirates, Algeria and Iraq.

              In Egypt, frozen food market is expected to show growth owing to the shift in consumers. Consumption pattern from fresh food to frozen food such as frozen meat. Sales of frozen meat increased due to the increasing unit prices of fresh meat owing to the increasing demand of fresh meat and comparatively less supply of fresh meat.

              Another trend in the frozen food market is expanding distribution network through supermarkets and hypermarkets. In Saudi Arabia, due to busier lifestyle frozen food market is experiencing sharp growth. Sunbulah Fine Food & Pastries Mfg. launched new variety of puff pastry named Butter Puff Pastry. Another launch was by National Food Co that includes range of marinated chicken. As there is increase in number of women entering workforce and need of convenient food there is rising demand for frozen food.

              There is growing trend of consumption of frozen food in Algeria due the increasing prices of fresh food such as vegetables and sea food. There is growing demand for frozen food especially in frozen food segment owing to less availability of fresh fish in Algeria.

              In Egypt, Cairo poultry processing is the leading player in the frozen food market having healthy market share. Varieties of products such as nuggets, wings, crispy chicken, and chicken burgers are offered by the Koki and Americana brands of Cairo poultry processing. Cairo poultry processing adopted several strategies especially for Koki brand such as establishing strong distribution network, wide range of pack sizes and wide range of prices.

              In Saudi Arabia, National Food Co. is the leading player. National Food Co. adopted strategies such as heavy expenditure on advertising and promotion activities. Another strategy adopted by National Food Co. is product expansion such as frozen poultry that includes marinated chicken breasts that further includes four flavors. National Food Co. also invested heavily in establishing strong distribution network by the easy availability of frozen food at every retail channels.
               
              Cascade Marine LLC is the leading player in the frozen food market in United Arab Emirates. Cascade Marine LLC is showing strong growth owing to the strong presence of the company and wide distribution channel in the country. Company also ensures easy accessibility of products in hypermarkets, supermarkets and convenience stores. Company has a broad product portfolio in different sub-segments such as frozen red meat, frozen poultry, frozen potatoes and frozen fish.  Apart from this company also launched various vegetarian products. Cascade Marine LLC also adopted price differentiation strategy by offering products at nominal prices focusing high as well as low income consumers.

              In Algeria Crustama is the leading player in the frozen food market. Other players in Algeria are Belfrost and Simpex Afric. Tnuva Food Industries is the major player in the Israel. Tnuva launched products such as frozen pastries.

              Frozen food market is forecasted to show strong growth in Egypt and Saudi Arabia. As vegetables can replace carbohydrates this increases the growth of frozen food market in Saudi Arabia. In Saudi Arabia, frozen food is more affordable than fresh food and has low fat content in comparison to the fresh food.
              Future Market Insights (fmi)
              17 March

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