Market Size of Egypt Fruits and Vegetables Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 15.64 Billion |
Market Size (2029) | USD 25.88 Billion |
CAGR (2024 - 2029) | 10.60 % |
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Egypt Fruits & Vegetables Market Analysis
The Egypt Fruits and Vegetables Market size is estimated at USD 15.64 billion in 2024, and is expected to reach USD 25.88 billion by 2029, growing at a CAGR of 10.60% during the forecast period (2024-2029).
- Egypt's fruit and vegetable sector are one of the country's fastest-growing agribusiness sectors. It is divided into several farming regions according to the country's climate, natural vegetation, soil type, and farming practices. Some major fruits and vegetables are tomatoes, potatoes, beets, oranges, onions, grapes, and dates, among others. The country is one of the biggest exporters in the world of fruits like Oranges.
- According to Food and Agriculture Organization, the production of fruits and vegetables in Egypt accounted for 14.7 million metric tons and 16.1 million metric tons in 2020, respectively. In fruits, oranges recorded the highest production of 3.2 million metric tons. Similarly, tomatoes recorded the most increased output among vegetables, 6.7 million metric tons, followed by Onions and shallots, with 3.2 million metric tons in 2020.
- The Steady production and rising exports of fruits and vegetables are driving the market growth. The Egypt fruits and vegetable market is projected to grow substantially in terms of self-reliance on fruits and vegetable production, increasing urbanization, and higher disposable incomes in the country. With increased awareness of healthy diets, people are shifting toward healthier diet plans, including fresh fruits and vegetables.
- Furthermore, Egypt is putting significant efforts into supporting exports of fruit and vegetable by opening new markets, equipping laboratories with the latest equipment, and developing the agricultural quarantine system to match international quality standards, which will drive the market growth during the coming year.