Market Size of Algeria Fruits and Vegetables Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.80 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Algeria Fruit and Vegetable Market Analysis
The Algerian fruits and vegetables market size is projected to register a CAGR of 5.8% during the forecasted period.
- Algeria is one of the largest producers of fruits and vegetables in North Africa. It is globally the 7th largest producer of dates due to the high demand for nutritional diets and companies entering the Algeria market to develop new technology infrastructure such as vertical farms.
- Algeria's domestic fruits and vegetables market is comparatively large compared to other North African countries such as Sudan and Egypt. Apart from catering to its domestic purposes, the products are also exported to other countries. Although fruits and vegetables are exported from Algeria, the domestic need is high within the region.
- The potatoes, tomatoes, and onion segments have been booming in recent years. According to Food and Agriculture Organization (FAO), in 2021, potato production accounted for 4.4 million metric tons, followed by onion with 1.7 million metric tons and tomato with 1.6 million metric tons. In the fruit segment, watermelon dominates the Algerian market. In 2021, the production of watermelon accounted for 2.1 million metric tons, followed by oranges with 1.1 million metric tons. With the high export potential and high production compared to other North African countries, the country is expected to witness growth during the forecasted period.
Algeria Fruit and Vegetable Industry Segmentation
Fruits and vegetables are considered edible parts of plants (e.g., seed-bearing structures, flowers, buds, leaves, stems, shoots, and roots), either cultivated or harvested wild, in their raw state, or in a minimally processed form.
The Algeria fruits and vegetables market is segmented by 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.
The report offers the market size and forecasts in terms of value in USD thousand and volume in metric ton for all the above-mentioned segments.
Type (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |
Fruits | |
Vegetables |
Algeria Fruits and Vegetables Market Size Summary
The Algerian fruits and vegetables market is poised for significant growth, driven by its status as one of North Africa's largest producers. The country holds a prominent position globally, particularly in date production, and is experiencing a surge in technological advancements such as vertical farming. Algeria's domestic market is robust, with substantial exports to other nations, although domestic demand remains high. Key segments like potatoes, tomatoes, and onions are thriving, with watermelon and oranges leading the fruit sector. Despite challenges such as a decrease in potato cultivation area due to seed availability issues, the market is expected to expand, supported by high consumption rates and improved production efficiency.
Algeria's agricultural output is significantly bolstered by its fruit production, with watermelons, oranges, and dates being the primary contributors. The country is a major player in the global date market, ranking seventh in production and enjoying a growing export value, particularly to countries like France, Russia, and Spain. This high export potential underscores the increasing demand for Algerian dates, which is anticipated to rise further in the coming years. The continuous growth in both production and exports of dates highlights Algeria's strengthening position in the global fruit market, promising further contributions to its economic landscape.
Algeria Fruits and Vegetables Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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2. MARKET SEGMENTATION
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2.1 Type (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
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2.1.1 Fruits
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2.1.2 Vegetables
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Algeria Fruits and Vegetables Market Size FAQs
What is the current Algeria Fruits and Vegetables Market size?
The Algeria Fruits and Vegetables Market is projected to register a CAGR of 5.80% during the forecast period (2024-2029)
What years does this Algeria Fruits and Vegetables Market cover?
The report covers the Algeria Fruits and Vegetables Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Algeria Fruits and Vegetables Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.