Food Service Market Key players: Overview of market leaders within the three major channels including business descriptions and number of outlets.
Egypt is the 32nd largest economy in the world, with a nominal GDP of over USD$ 330 billion in 2016. In November 2016, the Egyptian pound was floated, unpegging it from the US dollar, which resulted in a significant devauluation and soaring inflation. Get pdf request sample @ https://goo.gl/SRmwvB The country has suffered from political and economic instability following the Arab Spring revolution in 2011. The unemployment rate rose sharply after the protests began, and has since been consistently over 12%, but despite this, GDP per capita has steadily increased over the last five years, at CAGR of 11.8%. The Egyptian economy has historically relied heavily on tourism, but visitor numbers have drastically declined since the Arab Spring revolution. The foodservice profit sector generated a total revenue of over EGP 222.4 billion in 2016. The value of the sector increased at a CAGR of 1.3% from 2014-2016, and growth is forecast to accelerate marginally to a CAGR of 1.7% du...