DUBLIN–(BUSINESS WIRE)–The “Wholesale and Retail of Food Products in Morocco 2021” report has been added to from ResearchAndMarkets.com offer.
This report focuses on the wholesale and retail trade of food products in Morocco and includes geographic and economic information about the country and its food industry, including industry size, notable players, company developments and shares. . There are profiles of six companies which largely include major industry players such as Marjane Holdings, Label Vie, BIM and Akwa Group.
Wholesale and retail trade of food products in Morocco
Morocco’s food industry is dominated by traditional grocery stores that are informal and often family owned and individually run, in addition to informal open-air markets. However, conventional supermarkets are expected to grow to account for 30% of retail sales by 2025, up from 20% currently.
Food retail is seen as a high-potential sector and programs to boost the industry focus on upgrading traditional food retail outlets. These points of sale and small businesses still represent 80% of the food retail trade. Retailers continue to focus on major cities for expansion due to their higher income population and demand for imported food products.
Food retail in Morocco has remained stable during the pandemic. People stopped eating out during the lockdown and have eaten out less since curfews were in place. This increased spending at local supermarkets.
Online food retail
The shift to online food retailing has been accelerated by the pandemic, and many Moroccan grocery store chains have launched their own apps and started offering delivery services. In 2020, Morocco had 1,000 active e-commerce sites, 300 more than in 2019. Online payments also increased by 46.5%.
However, only 2% of all retail sales are made online. Online sales and the increased digitization of banking services are changing the business model of food and grocery retailing. Morocco encourages tech startups creating retail solutions through the creation in 2021 of the Moroccan Retail Tech Builder startup incubator and accelerator.
Main topics covered:
1. INTRODUCTION
2. COUNTRY PROFILE
2.1. Geographical position
3. INDUSTRY DESCRIPTION
3.1. Industry value chain
3.2. Geographic distribution
4. INDUSTRY SIZE
5. STATE OF THE INDUSTRY
5.1 Local
5.1.1. To exchange
5.1.2. Company actions
5.1.3. Regulations
5.2. CONTINENTAL
5.3. INTERNATIONAL
6. INFLUENCING FACTORS
6.1. COVID-19[female
6.2. Economic environment
6.3. Technology, Research and Development (R&D) and Innovation
6.4. Government incentives and support
6.5. Environmental concerns
6.6. Labor
7. COMPETITIONS
7.1. Entry barriers
8. SWOT ANALYSIS
9. OUTLOOK
10. 12. INDUSTRY ASSOCIATIONS
11. REFERENCES
11.1. Works
11.2. Websites
APPENDIX
Company Profiles
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Akwa Group SA
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BIM Stores SARL
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Label Vie SA
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Marjane Holding AG
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Company Vivo Energy Morocco SA
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YNNA Holding SA
For more information on this report, visit https://www.researchandmarkets.com/r/d3iq7c
