The demand for meat in Egypt has experienced fluctuating growth from 2014 to 2023, standing at 3.12 million metric tons in 2023. Notable year-on-year variations include a 6.99% increase in 2015, a decline of 4.31% in 2016, and a significant rise by 10.08% in 2018. In the last two years, the demand showed moderate growth with a 1.18% increase in 2022 and a 1.17% increment in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged at 0.62%. Forecasts indicate a moderate growth pattern with a projected CAGR of 0.91% from 2024 to 2028, reflecting a 4.65% overall increase in demand by 2028.
Future trends to watch include shifts in consumer preferences towards alternative protein sources, potential economic factors influencing disposable income, and population growth. Additionally, advancements in food technology and sustainability practices may impact the meat industry's landscape in Egypt.
