Market Size of Agriculture in Angola
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.60 % |
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Angola Agriculture Market Analysis
Angola's agriculture market is projected to record a CAGR of 5.6% during the forecast period.
- Agriculture provides food, income, and work for two-thirds of the Angolan population, with women making up the majority of the labor force. The country has many agroecological zones that are suitable for the growth of a wide range of tropical and subtropical crops for both domestic and export consumption.
- Angola has enormous agricultural potential due to natural advantages such as good soils, ample water, and a pleasant climate. The Angola Ministry of Agriculture has made strategic policies to make Angolan coffee competitive in the region again. Cassava, corn, beans, potatoes, sweet potatoes, soy, bananas, coffee, rice, and other vegetables and fruits are currently Angola's principal crops.
- The hills and valleys, particularly in the southern provinces, are the most productive. The rainy season lasts from October to May and is considered the best time for vegetable cultivation. Tomatoes are grown throughout the dry season, which lasts from June to September. The favorable climatic conditions for crop production and government policies encouraging the participation of private players in developing the agricultural sector, such as the National Medium-term Development Plan for the Agricultural Sector (PDMPSA), are some of the factors driving the market's growth.
