Investing in a Frozen French Fries Factory in Egypt A promising investment opportunity, especially in light of Egypt’s dependence on importing large quantities of half-fried and frozen potatoes, according to 2021 statistics, which strengthens the national economy and supports Egypt in Vision 2030, which aims to develop non-oil projects.
What is a frozen French fry plant?
kThe semi-fried and frozen potato factory produces potato sticks through several stages, such as: Sorting, washing, peeling, cutting, drying, freezing and more. Potatoes are the third most important food crop in the world after rice and wheat, and Mashroo3k Consulting believes that Oman represents a promising investment environment for industrial projects.
In 2021, the global semi-fried and frozen potato market reached USD 62.7 billion, and it is expected to increase in 2028 to reach USD 83.8 billion, thus achieving a compound annual growth rate of 4.2% during the period (2021: 2028).
Mashroo3k Consulting confirms that the semi-fried and frozen potato factory will be a great investment opportunity in Egypt, especially if we take into account the average annual growth rate of Egypt’s imports of semi-fried and frozen potatoes, which reaches 14% during the period between (2015: 2021).
For more details on the latest economic sector indicators and investment opportunities in Egypt, as well as the most prominent financing entities supporting successful investment projects in Egypt, you can contact the investor service team at Mashroo3k Consulting.
