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Key regions: United States, Canada, China, India, South Korea
The Food market in Sudan is facing subdued growth, attributed to factors such as limited access to technology, low consumer awareness about health, and lack of convenience in online food services. Despite this, the market shows potential for growth with increasing demand for dairy products, meat, fruits, and vegetables. However, challenges in the supply chain and limited infrastructure may hinder the market's growth rate.
Customer preferences: Consumers in Sudan are increasingly turning towards healthier and more sustainable food options. This trend is driven by a growing awareness of the impact of diet on overall health and well-being. As a result, there is a rise in demand for organic and locally sourced produce, as well as plant-based alternatives to traditional meat products. This shift in consumer preferences is also influenced by cultural beliefs and values that prioritize natural and whole foods. Additionally, there is a growing interest in food delivery and meal kit services, catering to the busy lifestyles of urban dwellers.
Trends in the market: In Sudan's food market, there is a growing trend of e-commerce platforms offering online grocery delivery services, catering to the increasing demand for convenient and contactless shopping options. This trend is expected to continue in the trajectory of more digitalization and expansion of online food retail. It presents significant opportunities for industry stakeholders, such as retailers and delivery companies, to tap into a larger customer base and potentially increase sales. However, it may also pose challenges for smaller businesses without the resources to compete in the digital space. Additionally, the growing popularity of online food retail could have implications for traditional brick-and-mortar stores, potentially leading to a shift in consumer behavior and the need for adaptation in the industry.
Local special circumstances: In Sudan, The Food market is heavily influenced by the country's limited access to resources and infrastructure. This has led to a reliance on local produce and traditional food practices. Additionally, the unique cultural landscape has resulted in a diverse range of food preferences and dietary habits. These factors have shaped the market dynamics, with a focus on locally-sourced and affordable food options. Furthermore, government regulations and trade restrictions have also played a role in shaping The Food market in Sudan, with a focus on promoting domestic production and limiting imports.
Underlying macroeconomic factors: The growth of The Food market market in Sudan is heavily influenced by macroeconomic factors such as the country's national economic health and fiscal policies. The ongoing political instability and economic challenges have resulted in a decline in consumer spending, leading to a decrease in demand for food products. Additionally, global economic trends, such as fluctuations in commodity prices and trade policies, also impact the market performance. The government's efforts to stabilize the economy and attract foreign investment have shown some positive results, but more needs to be done to improve the overall market conditions. Moreover, factors such as climate change, inflation, and food insecurity in the region also play a significant role in shaping The Food market landscape in Sudan.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)