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 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Egypt Fruits and 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 is 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. The country is one of the world's biggest exporters of fruits like oranges.
According to the Food and Agriculture Organization (FAO), the production of fruits and vegetables in Egypt accounted for 14.2 million metric tons and 15.8 million metric tons in 2022. Oranges recorded the highest production of 3.3 million metric tons of fruits in 2022. Similarly, tomatoes recorded the most increased output among vegetables, 6.2 million metric tons, followed by Onions and shallots, with 3.6 million metric tons in 2022.
The Steady production and rising exports of fruits and vegetables are driving the market growth. The Egyptian fruits and vegetable market is projected to grow substantially in terms of self-reliance on fruit 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. Also, Egypt is putting significant efforts into supporting exports of fruit and vegetables 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.
Egypt Fruits and Vegetables Industry Segmentation
Fruits and vegetables are an essential part of a well-balanced and nutritious diet. The fruits and vegetables consumed as fresh produce are considered for the study. The study does not consider fruits and vegetables consumed by the processing industry (B2B). The Egypt fruits and vegetable market includes production analysis (volume), consumption analysis (value and volume), import analysis (value and volume), export analysis (value and volume), and price trend analysis of vegetables (tomatoes, onions, eggplants, chilis and peppers, cabbages, pumpkins, squash and gourds, and cucumber and gherkins) and fruits (oranges, grapes, dates, watermelon, bananas, mangoes, and apples). The report offers market sizing and forecasts regarding value (USD) and volume (metric tons).
Application (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |||||||||
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Egypt Fruits And Vegetables Market Size Summary
The Egyptian fruits and vegetables market is experiencing rapid growth, driven by factors such as increased urbanization, higher disposable incomes, and a shift towards healthier diets. The sector is a significant part of the country's agribusiness, benefiting from favorable climatic conditions and advanced farming practices. Major crops include tomatoes, onions, and oranges, with Egypt being one of the world's leading exporters of citrus fruits. The government's support, alongside international collaborations, has bolstered production and export capabilities, ensuring that Egyptian produce meets global quality standards. This growth is further supported by initiatives to expand market access and improve agricultural infrastructure, such as the establishment of green food hubs and storage facilities.
The market's expansion is also fueled by a growing consumer preference for fresh produce, as awareness of the health benefits of fruits and vegetables increases. The area dedicated to vegetable cultivation has seen a notable rise, reflecting the high returns these crops offer compared to other agricultural products. Egypt's strategic efforts to open new markets, particularly in regions like the European Union and East Asia, have enhanced its export potential. The country's ability to lift export bans and ensure the safety of its agricultural procedures has further strengthened its position in the global market. As a result, the Egyptian fruits and vegetables sector is poised for substantial growth, with projections indicating a significant increase in market size over the coming years.
Egypt 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 Application (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
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2.1.1 Vegetables
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2.1.1.1 Tomatoes
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2.1.1.2 Onions
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2.1.1.3 Eggplants
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2.1.1.4 Chilies and Pepper
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2.1.1.5 Cabbages
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2.1.1.6 Pumpkins, Squash, and Gourds
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2.1.1.7 Cucumbers and Gherkins
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2.1.2 Fruits
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2.1.2.1 Oranges
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2.1.2.2 Grapes
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2.1.2.3 Dates
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2.1.2.4 Watermelon
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2.1.2.5 Bananas
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2.1.2.6 Mangoes
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2.1.2.7 Apples
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Egypt Fruits And Vegetables Market Size FAQs
How big is the Egypt Fruits And Vegetables Market?
The Egypt Fruits And Vegetables Market size is expected to reach USD 15.64 billion in 2024 and grow at a CAGR of 10.60% to reach USD 25.88 billion by 2029.
What is the current Egypt Fruits And Vegetables Market size?
In 2024, the Egypt Fruits And Vegetables Market size is expected to reach USD 15.64 billion.