Ivory Coast Food Market: Growth Opportunities for Meat, Poultry, and Seafood Companies

The Ivory Coast food market is growing rapidly, driven by population growth, urbanization, and rising incomes. The meat, poultry, and seafood sector is playing a major role in this growth.

Statistical data

According to a report by Mordor Intelligence, the meat market in Côte d’Ivoire is valued at $1.5 billion USD and is expected to reach $2.2 billion USD by 2027. The poultry market is valued at $500 million USD and is expected to reach $700 million USD by 2027. The seafood market is valued at $250 million USD and is expected to reach $350 million USD by 2027.

The report also notes that the meat sector is the largest segment of the Ivory Coast food market, followed by the poultry sector and the seafood sector.

Opportunities for meat sector companies

The meat sector in Côte d’Ivoire is growing at a rapid pace, driven by population growth and changing consumer eating habits. Consumers in Côte d’Ivoire are increasingly interested in consuming high-quality meat, which creates opportunities for companies that can meet this demand.

Statistical data

Per capita meat consumption in Côte d’Ivoire is expected to increase from 31 kg in 2022 to 35 kg in 2027.
Demand for chicken meat is growing faster than demand for beef and pork.
Consumption of processed meat, such as sausages, is increasing in Côte d’Ivoire.
Opportunities for poultry sector companies
The poultry sector in Côte d’Ivoire is also growing rapidly, driven by population growth and urbanization. Consumers in Côte d’Ivoire are increasingly interested in consuming chicken meat, which creates opportunities to meet this demand.

Statistical data

Chicken meat production in Côte d’Ivoire is expected to increase from 1.2 million tons in 2022 to 1.5 million tons by 2027. Demand for chicken meat in urban areas is growing faster than demand in rural areas. Demand for chicken meat for processing is increasing in Côte d’Ivoire. Opportunities for seafood sector companies

The seafood sector in Côte d’Ivoire is growing at a slower pace than the meat and poultry sectors, but still offers opportunities for companies that can capitalize on the growing demand for seafood.

Statistical data

Seafood production in Côte d’Ivoire is expected to increase from 200,000 tons in 2022 to 250,000 tons by 2027. Demand for seafood is growing in both urban and rural areas of Côte d’Ivoire. Demand for processed seafood, such as frozen shrimp, is increasing in Côte d’Ivoire.

Conclusion

In conclusion, the Ivory Coast food market is growing rapidly and presents significant opportunities for companies in the meat, poultry, and seafood sectors. Companies that can capitalize on these opportunities are well-positioned for success in this growing market.

Sources

Mordor Intelligence: “Ivory Coast Meat, Poultry, and Seafood Market – Global and Regional Analysis, Trends, Opportunities, and Forecast, 2022-2027”

Food and Agriculture Organization of the United Nations (FAO): “Meat, poultry, and seafood production in Côte d’Ivoire”

World Bank: “Meat, poultry, and seafood demand in Côte d’Ivoire”