Food - Ivory Coast

  • Ivory Coast
  • Revenue in the Food market amounts to US$25.96bn in 2025. The market is expected to grow annually by 7.77% (CAGR 2025-2029).
  • The market's largest segment is the segment Meat with a market volume of US$5.12bn in 2025.
  • In global comparison, most revenue is generated in China (US$1,736bn in 2025).
  • In relation to total population figures, per person revenues of US$793.50 are generated in 2025.
  • In the Food market, 0.5% of total revenue will be generated through online sales by 2025.
  • In the Food market, volume is expected to amount to 9,167.00m kg by 2029. The Food market is expected to show a volume growth of 6.4% in 2026.
  • The average volume per person in the Food market is expected to amount to 225.90kg in 2025.

Key regions: United States, Canada, China, India, South Korea

 
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Analyst Opinion

The Food market in Ivory Coast has been experiencing minimal growth, influenced by various factors such as the slow adoption of digital technologies, low health awareness among consumers, and limited availability of online food services. Other factors impacting the market include the high reliance on traditional farming methods, limited access to technology and resources, and a lack of infrastructure for transportation and storage. These factors have hindered the growth of sub-markets such as Dairy Products & Eggs, Meat, Fish & Seafood, and Fruits & Nuts, among others. However, efforts are being made to improve food production and distribution through government initiatives and partnerships with international organizations.

Customer preferences:
Consumers in Ivory Coast are increasingly embracing healthier lifestyles, leading to a rise in demand for organic and locally sourced food products. This shift is driven by a growing awareness of the benefits of sustainable and ethical food choices, as well as a desire for fresher and more nutritious options. Additionally, there has been a rise in demand for convenient and healthy meal options, such as meal delivery services, as busy lifestyles have led to a greater need for convenience and time-saving solutions.

Trends in the market:
In Ivory Coast, The Food market is experiencing a shift towards more sustainable and locally-sourced products, as consumers become more conscious of the environmental and health impacts of their food choices. This trend is driven by a growing demand for organic and natural products, as well as a desire to support local farmers and businesses. This trajectory is significant for industry stakeholders as it presents both opportunities and challenges. On one hand, it allows for the development of new and innovative products, but on the other hand, it requires investment in sustainable practices and supply chain management. Additionally, this trend could have implications for the competitiveness of imported products and the overall sustainability of The Food market in Ivory Coast.

Local special circumstances:
In Ivory Coast, The Food market is heavily influenced by the country's tropical climate and fertile land, allowing for a diverse range of crops and produce. The local culture also plays a significant role, with a strong emphasis on traditional cuisine and cooking methods. Additionally, the government's efforts to promote sustainable and organic farming practices have led to a rise in demand for locally-sourced and environmentally-friendly food products. These unique factors contribute to the dynamic nature of The Food market in Ivory Coast, setting it apart from other markets.

Underlying macroeconomic factors:
The Food market market in Ivory Coast is heavily impacted by macroeconomic factors such as the country's economic health and government policies. With an average GDP growth rate of 7%, Ivory Coast has one of the fastest-growing economies in Africa. This strong economic growth has resulted in an increase in consumer spending and a growing middle class, which has positively influenced the demand for food products. Additionally, the government's efforts to diversify the economy and reduce dependence on cocoa exports have led to the development of the food processing industry, further boosting The Food market market in the country. However, challenges such as inflation, currency fluctuations, and infrastructure deficiencies continue to hinder the market's growth potential.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Overview

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Product Types
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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