Unveiling East Africa's Culinary & Hospitality Future: Where Innovation Meets Tradition in Food, Drink & Hospitality
The Kenyan Food Event (KFE) is the biggest exhibition serving the food and drink industry across East Africa. With the third edition taking place in September 2024 at the Sarit Centre in Nairobi, Kenya, this industry-leading event offers a pivotal platform for those in the industry looking for new suppliers, producers, and service providers to enhance their business. Meet national and international brands, discover industry opportunities, and network with key market leaders.
Co-located alongside the Kenyan Hospitality Event the cumulative exhibition will make up three key industry segments to bring together over 2,500 fellow stakeholders and key members from the industry.
Food
In 2021, Kenya's food production was $12.3 billion, and is expected to reach $13 billion by 2026. Kenya's food production has grown by an average of 1.2% annually since 1966.
Kenya's food market volume is expected to reach 17,530,000 kg by 2028. The average volume per person is expected to reach 248.20 kg in 2024.
The food industry's total earnings have increased over the past three years, growing 9.2% annually.
Revenue in the Food market amounts to US$62.72bn in 2024. The market is expected to grow annually by 9.64% (CAGR 2024-2028). The market's largest segment is the segment Confectionery & Snacks with a market volume of US$14.23bn in 2024.-Statista.com
Beverage
- In 2023, the Kenya beverages market was valued at 1.74 billion liters.
- By 2026, Kenyan beverage sales are expected to reach $3.5 billion, growing at an average rate of 2.4% year on year.
- In 2024, the revenue from alcoholic drinks at home is expected to be US\$3,352 million, with an annual growth rate of 8.03% from 2024-2028.
- In 2024, the revenue from non-alcoholic drinks at home is expected to be US\$5,394 million, with an annual growth rate of 9.43% from 2024-2028.
- By 2025, the carbonated soft drinks market in Kenya is forecast to reach US\$823.33 million, with an annual growth rate of 9.92% from 2020-2025.
Hospitality
In the first quarter of 2023, the sector of accommodation and restaurant services in Kenya grew by more than 21.5%.
The hospitality industry in Kenya is one of the top three revenue earners among Kenya's economic sectors
In the first quarter of 2023, the restaurant and hotel services sector in Kenya grew by over 21.5 percent.
- As of January 9, 2024, Kenya has 3,820 restaurants.
- The restaurant delivery market in Kenya is expected to reach a revenue of US$296.20m by 2024. From 2024 to 2028, it is expected to have a compound annual growth rate (CAGR) of 9.44%, resulting in a market volume of US$424.90m by 2028.
