Algeria Agriculture Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 4.86 Billion |
| Market Size (2029) | USD 6.09 Billion |
| CAGR (2024 - 2029) | 4.65 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Algeria Agriculture Market Analysis
The Agriculture In Algeria Market size is estimated at USD 4.86 billion in 2024, and is expected to reach USD 6.09 billion by 2029, growing at a CAGR of 4.65% during the forecast period (2024-2029).
- Algeria has a diverse agricultural sector that is significant for its economy and food security. The nation's agricultural activities are primarily concentrated in the fertile plains and oases. Additionally, the agricultural sector in Algeria plays a crucial role in providing sustainable livelihoods for a significant portion of the population, particularly in rural areas, by cultivating various crops, including cereals such as wheat, barley, and maize. These crops are essential staples in the Algerian diet and are crucial for meeting the country's domestic food requirements. Furthermore, Algeria's agricultural output also includes fruits such as citrus fruits, grapes, and dates, which thrive in the country's favorable climate and contribute to the nation's agricultural diversity.
- The Algerian government is actively implementing initiatives and policies to revamp its agricultural sector. These measures boost productivity, advocate for sustainable farming practices, and fortify the nation's food security. In tandem, the government is channeling investments into irrigation infrastructure, particularly targeting regions with arid and semi-arid climates. Notably, Algeria's ODA projects, spearheaded by the government, have significantly impacted the agricultural landscape. These endeavors have directly benefitted more than 200,000 farmers, ushered in 50,000 fresh job opportunities, upgraded irrigation systems across 20,000 hectares of farmland, and enhanced water efficiency by 30% as of 2022.
- Furthermore, Algeria is increasingly embracing advanced agricultural technologies and practices to boost farming efficiency and productivity. Initiatives range from championing precision agriculture and updating farm machinery to refining cultivation techniques. Moreover, the promotion of agribusiness and value addition in agricultural products contribute to economic growth and diversification. In 2023, the Algerian Inter-professional Office of Cereals (OAIC) launched a public call to register grain and pulse traders on its supplier shortlist intended for cereals, pulses, cereal seeds, and pulse seeds. This supports the value chain of agriculture, thereby aiding the market's growth. Therefore, the supportive government policies coupled with the adoption of new technologies are bolstering the market's growth during the forecast period.
Algeria Agriculture Market Trends
Increasing Investments and Initiatives Bolster the Agriculture Sector
The Algerian agricultural sector is undergoing a notable transformation, emphasizing food security and reducing reliance on imports. The Algerian government has rolled out a series of initiatives to bolster agriculture across the country. Notably, they are addressing a dip in sector employment, which fell from 10.0% to 9.7% between 2021 and 2022. For example, in 2022, the International Fund for Agricultural Development (IFAD), in collaboration with the Algerian government, initiated non-lending operations marked by the launch of a youth employment and entrepreneurship program, a key component of the Country Strategy Note 2023-2025. The strategy focuses on enhancing employability through training, fostering public-private partnerships, enhancing agricultural water management, and creating more agricultural opportunities for rural youth.
Another key investment is the promotion and adoption of modern farming technologies. In 2022, the University of Ain Temouchent, Algeria, proposed a project to develop ML models for the management of intelligent greenhouses. This widespread adoption of modern agricultural practices, such as advanced irrigation systems, efficient crop management techniques, and modern farming equipment, plays a crucial role in enhancing agricultural productivity in Algeria. These technological advancements have enabled farmers to cultivate crops more efficiently, contributing to the expansion of cultivated land and increasing overall agricultural outputs.
Moreover, the Algerian agricultural sector benefits from a rich tapestry of research organizations, both public and private, committed to its advancement. A significant milestone in 2022 was marked by a crucial agreement at the Algerian Chamber of Commerce and Industry. The Director General, in partnership with AAAID, spearheaded an investment summit, bringing AAAID and local Algerian investors together with the primary goal of highlighting pioneering projects in agriculture and agro-industry. Furthermore, during the visit, AAAID's delegation presented a range of promising agricultural ventures and tailored programs specifically for Algeria's small-scale farmers and breeders. Thus, these strategic partnerships and targeted programs are pivotal in driving the Algerian agricultural sector toward a brighter future.
Rising Vegetable Production Outpaces Other Agricultural Crops
Algeria has seen a notable surge in vegetable production, underscoring its push for self-sufficiency and reduced dependence on imported food. This uptick directly results from targeted government policies geared toward elevating agricultural output and securing the nation's food needs. The Algerian Minister of Agriculture (MoA) introduced the Algerian Agriculture Roadmap 2020-2024, highlighting a pivotal move toward the self-reliance-focused effort to slash vegetable imports, bolstering the domestic production landscape.
Expanding land under vegetable cultivation is one of the major reasons for supporting the production of the produce. According to the FAOSTAT, the area harvested under vegetables grew from 301,201 hectares in 2021 to 307,529 hectares in 2022. This supported the increase in production from 7.6 million metric tons to 7.9 million metric tons from 2021 to 2022. Thus, the rise in vegetable production in Algeria has enhanced food security and reduced import dependency. It also stimulated rural development and economic growth, driving the market's growth.
Moreover, adopting modern agricultural practices, such as greenhouse technology, hydroponics, and drip irrigation, has enabled farmers to increase their yield and cultivation efficiency. Similarly, the increasing marketing of greenhouse-grown vegetables in social media by young entrepreneurs is also boosting the production of the produce. Algerian women in Douaouda are growing fresh strawberries, tomatoes, and other vegetables on the eco-friendly smallholding, a pioneering initiative in Algeria’s male-dominated agricultural sector by registering under the chamber of agriculture in Tipaza province. Therefore, the targeted government policies, increasing area under vegetable production, and growing concept of greenhouse vegetable cultivation are the factors driving the market's growth.
Algeria Agriculture Market News
- May 2024: Algeria launched its third general agricultural census, a pivotal step in bolstering its food security through refined agricultural policies. The census offers crucial insights benefiting a spectrum of stakeholders, from governmental bodies and economic players to the scientific community and international organizations with a sustainability focus.
- January 2024: The president of IFAD visited Algeria and made short and medium-term commitments to support the government's strategic goals. These include reducing poverty and inequality, boosting employment for rural youth, and bolstering climate change adaptation in rural regions, all aimed at strengthening the agricultural sector.
- May 2023: Vesco Algeria, in collaboration with Elite Capital & Co. Limited, signed a Memorandum of Understanding to fund Agro-Industrial Farm Projects. It aims to facilitate year-round production of top-tier agricultural goods, guaranteeing robust revenues and upgrading workforce skills to meet global standards.
Algeria Agriculture Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Growing Investments in the Agriculture Sector
- 4.2.2 Increasing Government Initiatives
- 4.2.3 Increasing Focus on Technology-based Agriculture
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4.3 Market Restraints
- 4.3.1 Limited Arable Land
- 4.3.2 Fragmentation of Land Holdings
5. MARKET SEGMENTATION
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5.1 Crop Type (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, and Export Analysis by Value and Volume)
- 5.1.1 Food Crops/Cereals
- 5.1.2 Fruits
- 5.1.3 Vegetables
6. PRICE TREND ANALYSIS
- 6.1 Oranges
- 6.2 Dates
- 6.3 Apples
- 6.4 Grapes
- 6.5 Onions
- 6.6 Tomatoes
- 6.7 Chilies and Peppers
- 6.8 Pumpkins
- 6.9 Carrots
- 6.10 Garlic
7. REGIONAL ANALYSIS
- 7.1 PESTLE Analysis
- 7.2 Value Chain Analysis
- 7.3 Government Policies
8. COMPETITIVE ANALYSIS
- 8.1 Distribution Network and Retail Analysis
- 8.2 List/Profile of Key Players
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityAlgeria Agriculture Industry Segmentation
Agriculture plays a crucial role in Algeria's economy and provides livelihoods by cultivating cereals like wheat and barley, fruits such as citrus and dates, olives, and vegetables. The Algerian Agriculture Market is Segmented by Crop Type into Food Crops/Cereals, Fruits, and Vegetables. The report includes the Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis for the market. The report offers market sizes and forecasts in terms of value (USD) and volume (metric tons) for the above segments.
| Crop Type (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, and Export Analysis by Value and Volume) | Food Crops/Cereals |
| Fruits | |
| Vegetables |
Algeria Agriculture Market Research FAQs
How big is the Algeria Agriculture Market?
The Algeria Agriculture Market size is expected to reach USD 4.86 billion in 2024 and grow at a CAGR of 4.65% to reach USD 6.09 billion by 2029.
What is the current Algeria Agriculture Market size?
In 2024, the Algeria Agriculture Market size is expected to reach USD 4.86 billion.
What years does this Algeria Agriculture Market cover, and what was the market size in 2023?
In 2023, the Algeria Agriculture Market size was estimated at USD 4.63 billion. The report covers the Algeria Agriculture Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Algeria Agriculture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Algeria Agriculture Industry Report
Statistics for the 2024 Algeria Agriculture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Algeria Agriculture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
