MOZAMBIQUE FOOD SERVICE EQUIPMENT MARKET

Mozambique Food Service Equipment Market is projected to grow at robust growth rate in the coming years owing to the growing middle class with greater purchasing power along with rapid urbanization and tourism growth.

Major Mozambique Food Service Equipment Market Drivers and Emerging Trends

Spending on food and beverages by Mozambicans is projected to rise further even though in the short term from 2023 to 2024, decreasing prices of food and non-alcoholic beverages will dampen the growth in household spending on these goods. Consumer inclination towards lower-cost alcoholic drinks will propel an upsurge in expenditures on alcoholic beverages while simultaneously the increasing consumption of spirits will provide a stable foundation for overall alcohol consumption growth. In the medium term, the increase in food spending will be sustained by strong demand for essential items including pasta products and bread. Additionally, robust growth in spending on non-alcoholic beverages will be driven by increased consumption of carbonated drinks which offer low price points.

The other factor supporting Mozambique food service equipment growth is the emergence of a middle class with increased purchasing power and elevated expectations, driven by substantial investments in the energy and natural gas sectors which in turn fuels urbanization growth. In addition, Mozambique’s burgeoning tourism industry as a regional and global travel destination has sparked a rise in international gastronomy, notably within the realm of ultra-luxury tourism which encompasses beach and bush safari experiences.

The third quarter of 2022 saw Mozambique’s GDP grow by 3.6 percent according to data from the National Statistics Institute with notable contributions from the restaurant and hotel sectors which grew by 13.32%. The mining sector along with recent uncovering of natural gas and sustained political stability might contribute significantly to economic expansion. Growth and expansion are also anticipated in regions outside of the South, where Maputo currently leads in formal food market contributions. The potential is substantial not just because of their mineral wealth but also due to the significant population size in Zambezi and Nampula provinces.

Opportunities for international companies in Mozambique Food Service Equipment Market include beverage industry, certifications and training, equipment, food services, and furniture. In addition, there are also opportunities in the sector of tableware and linens, lodging, uniforms, technology and entertainment, franchise, among others.

Top Market Players

Various leading players in the market such as Cervejas De Mocambique, Tropigalia, South Africa Botling & Miller, among others.

Segments covered in the Report:

The Mozambique Food Service Equipment Market has been segmented on the basis of product, end-use and sales channel. Based on the product, the market is segmented into kitchen purpose equipment, cooking equipment, food & beverage preparation equipment, refrigeration equipment, ware washing equipment, food holding & storing equipment, others. Based on the end-use, the market is segmented into full-service restaurant (fsr), quick service restaurant (qsr), institutional, others. Based on the sales channel, the market is segmented into online, offline.

Market Segmentation

Food Service Equipment Market by Product 

• • Kitchen Purpose Equipment
  • Cooking Equipment
  • Food & Beverage Preparation Equipment
  • Refrigeration Equipment
  • Ware Washing Equipment
  • Food Holding & Storing Equipment
  • Others

Food Service Equipment Market by End-use 

• • Full-Service Restaurant (FSR)
  • Quick Service Restaurant (QSR)
  • Institutional
  • Others

Food Service Equipment Market by Sales Channel

• • Online
  • Offline