Market Size of Tanzania Fruits and Vegetables Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 2.17 Billion |
Market Size (2029) | USD 2.98 Billion |
CAGR (2024 - 2029) | 6.50 % |
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Tanzania Fruits and Vegetables Market Analysis
The Tanzania Fruits and Vegetables Market size is estimated at USD 2.17 billion in 2024, and is expected to reach USD 2.98 billion by 2029, growing at a CAGR of 6.5% during the forecast period (2024-2029).
- The growing demand for derived products, such as fruit juices and jams, and consumer awareness of healthier alternatives, such as fruits and vegetables, are some factors driving the market growth. Major fruits and vegetables produced in the country are bananas, mangoes, oranges, pineapples, watermelons, beans, cabbage, tomatoes, onions, chilies, and peppers. The country's banana market has massively developed due to exports and local consumer demand.
- According to Food and Agriculture Organization (FAO) stat data, vegetable production in Tanzania was 2.77 million metric tons in 2020, though the area harvest showed a slight drop in recent years. Fruit production in the country increased by almost 19% from 2017 and reached 5.6 million metric tons in 2020. The area harvested also showed an increase of nearly 3% from last year and got 795,477 hectares in 2020. The domestic demand for fruits has also seen an increasing trend.
- International buyers are increasingly looking out for Tanzanian-grown crops, especially avocados, raspberries, lime, and other high-value vegetables. This offers local farmers and exporters new markets and opportunities.