Market Size of Agriculture in Iran
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.80 % |
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Iran Agriculture Market Analysis
The Iran agriculture sector projected to register a CAGR of 3.80%, during the forecast period (2020-2025).
- The lift of international nuclear-related sanction against Iran in 2016 has opened a vast business opportunity for many companies across various sectors in the country including the agriculture sector. Most of the agricultural activities in Iran are carried out by farmers and agricultural companies.
- Government is supporting the development of the agriculture sector to meet the local demand and agricultural exports as well. The government of Iran is planning to increase the area under greenhouse cultivation to 48,000 hectares by 2027. This will boost the production of fruits and vegetables which would result in an incline in the overall agricultural export.