Egypt Foodservice Market Size

Egypt Foodservice Market Analysis

The Egypt Foodservice Market size is estimated at 9.04 billion USD in 2024, and is expected to reach 18.14 billion USD by 2029, growing at a CAGR of 14.94% during the forecast period (2024-2029).

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9.04 Billion

Market Size in 2024 (USD)

18.14 Billion

Market Size in 2029 (USD)

13.14 %

CAGR (2017-2023)

14.94 %

CAGR (2024-2029)

Largest Segment by Foodservice Type

54.17 %

value share, Quick Service Restaurants, 2023

Owing to the expansion of popular international chains like Domino's Pizza, Pizza Hut, Papa John's, and Pizza Express, pizza is projected to be the fastest-growing segment.

Largest Segment by Outlet Type

53.36 %

value share, Independent Outlets, 2023

In 2022, quick service restaurants dominated the segment, and more than 82.4% of Egyptians preferred to eat fast food, like shawarma, kebab, and beef patty sandwiches, on a daily basis.

Fastest-growing segment by Foodservice Type

21.09 %

Projected CAGR, Cloud Kitchen, 2024-2029

The market value of cloud kitchen expanded by 30% during 2020-22, owing to the increase in usage of the internet and food delivery applications like Talabat and Hungerstation.

Fastest-growing segment by Outlet Type

15.24 %

Projected CAGR, Chained Outlets, 2024-2029

Chained quick service restaurants hold a major share owing to the expansion in the number of outlets established by international brands, like KFC and Pizza Hut.

Leading Market Player

7.18 %

market share, Americana Restaurants International PLC, 2022

The company has dominated the market by operating franchises of well-known international brands such as KFC, Pizza Hut, Wimpy, Krispy Kreme, Baskin Robbins, and Hardee's.

Growing adoption of e-commerce platforms and rise in international tourist arrivals fueling market expansion

Egypt Foodservice Industry Segmentation

Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants are covered as segments by Foodservice Type. Chained Outlets, Independent Outlets are covered as segments by Outlet. Leisure, Lodging, Retail, Standalone, Travel are covered as segments by Location.

• The quick-service restaurants segment accounted for the largest share of the market in 2022, witnessing a growth of 33.54% from 2020 to 2022. This was due to the increasing number of international arrivals that reached around 11.7 million in 2022, with an increase of 46.2% from 2021 data. IHOP, Popeye's, Buffalo Wild Wings, Red Lobster, Wendy's, Five Guys, and In-N-Out Burger are the most popular chains operating in the country.
• The cloud kitchens segment is projected to be the fastest-growing foodservice type, with a CAGR of 14.84% by value during the forecast period (2023-2029). Owing to the number of online delivery app users in the country, advancements in delivery techniques like the use of heat bags, the 30-minute delivery time, special discounts, acceptance of digital payment, and contactless delivery have gained consumers' interest. For instance, around 38.7% of the population used online food delivery apps in 2021.
• The full-service restaurants segment is expected to occupy a prominent share of the market during the forecast period, with a CAGR of 12.75%, owing to the increasing number of seated dinners in the country. Almost 90% of outings in Egypt revolve around food, and people prefer to visit cafes or restaurants during these outings.
• Cafes and bars are also projected to witness a high CAGR of 14.87% by value during the forecast period, with the second-largest share of 25.9% in 2022. The demand for premium coffee and tea has increased after the pandemic. Around 54% of the population consumed beer in 2022. Public drinking is banned by the government, thus driving the sales of bars and pubs. The increasing tourism in the country is increasing the demand for travel and leisure locations.