Algeria Seafood Market Research, Processed Meat and Seafood in Algeria - Ken Research
Algeria
is the second largest nation in North Africa. Algeria’s financial and economic
conditions improved during the mid 1990s. The economy of Algeria is dominated by
the state. The country with great efforts has developed many industries other
than petroleum industries. These industries attracted many foreign investments
and employment growth was observed. Many of the country men were unemployed or
had lower income that reduced their spending limit. With the increase in
various industries, majority of young and women population were employed. The
massive growth in food sector is due to the growth in nation’s economy. The
year 2017 will witness a drastic growth in processed meat and seafood industry
for its huge demand.
Majority
of the working women preferred processed food due to less time to prepare quick
meals. The best alternative foods to use in their daily nutrition are processed
foods due to increasing desire for convenience and easy-to-prepare.
The
popularity of processed meat and seafood in Algeria continued to be driven
principally by the demand for staple foods at more affordable prices.
Therefore, processed meat and seafood are extremely encouraged in Algeria. The
new lifestyle patterns and increase in convenience for the processed meat and
seafood led to the development in this sector in 2016. Many branded companies
increased their investment in this sector and the sales growth was encouraged
by a rising number of modern traditional grocery stores selling these products.
Processed
meat and seafood is a highly uneven category in Algeria. Bellat - Conserverie
des Viandes d'Algérie is the best performer in processed meat such as poultry,
beef, sausages, and so on. This company offers a variety of products and has a
longstanding existence in the market with an extensive distribution network.
In
the year 2016, Algeria witness increase and decrease in the sales of processed
meat and seafood. Increase in sales, recorded a healthy retail volume and value
sales growth but decrease in sales was purely due to unemployment as a result
of economic crisis. In the coming years, the growth of processed meat and
seafood in Algeria is expected to remain strong both in value and volume terms.
The growth in this sector will be driven by the rise in prices over the coming
years and volume growth will be driven by modernization. The expected
population growth and busier lifestyle is projected to increase. This will
further strengthen consumer appreciation for the growth of processed meat and
seafood in Algeria.
Key Topics Covered in the Report:
Processed
Meat and Seafood in Algeria
Algeria
Seafood Market Research
Algeria
Processed Food Industry
Algeria
Canned Food Market Research
Processed
Meat Demand in Algeria
Processed
Meat Import Algeria
Algeria
Processed Meat Industry Competition
Algeria
Processed Meat and Seafood Market Future Outlook
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