Food 

Introduction

Revenue in the Food market amounts to US$162.50bn in 2024. The market is expected to grow annually by 9.77% (CAGR 2024-2029).
The market’s largest segment is the segment Bread & Cereal Products with a market volume of US$31.93bn in 2024.
In global comparison, most revenue is generated in China (US$1,601bn in 2024).
In relation to total population figures, per person revenues of US$1,395.00 are generated in 2024.
In the Food market, 0.2% of total revenue will be generated through online sales by 2024.
In the Food market, volume is expected to amount to 43.22bn kg by 2029. The Food market is expected to show a volume growth of 3.3% in 2025.
The average volume per person in the Food market is expected to amount to 316.70kg in 2024.

May Haiba

Acting Export Development Sector Head

Email: mahmed@expolink.org
Tel.: +202 2527 1010
Ext.: 119