The meat market size in Egypt stood at 3.13 million metric tons in 2023. Over the last two years, the market experienced a modest year-on-year growth of 1.17%. From 2019 to 2023, the compound annual growth rate (CAGR) was 0.64%. Historically, the market has seen fluctuations with notable increases in 2015 (7.05%) and 2018 (10.07%), and a few negative growth years, such as 2016 (-4.13%) and 2020 (-3.79%).
Looking ahead, the forecast from 2024 to 2028 suggests a modest 0.93% CAGR, translating to a 4.73% growth rate over five years. Future trends to watch for include shifts in consumer preferences towards plant-based alternatives, regulatory changes, and economic factors impacting production and demand dynamics in the meat industry.
