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According to the latest report by IMARC Group, titled “Egypt Agriculture Market Report by Type (Food Crops/Cereals, Fruits, Vegetables, Oilseeds and Pulses), and Region 2024-2032,” the report presents a thorough review featuring the Egypt agriculture market growth, share, trends, and research of the industry.
The Egypt agriculture market size reached USD 24.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 30.1 Billion by 2032, exhibiting a growth rate (CAGR) of 2.10% during 2024-2032.
The initiatives taken by government authorities to modernize the sector as well as improve food security are the factors responsible for the growth of the Egypt agriculture market. Additionally, the market is propelling as the government authorities have prioritized agricultural development through its "Sustainable Agriculture Development Strategy 2030." This strategy aims to expand arable land, improve irrigation systems, and support the use of advanced technologies such as precision farming and climate-smart agriculture.
These efforts are helping to boost productivity, reduce water consumption, and mandate the sustainable use of resources. Furthermore, investments in infrastructure, such as storage facilities and transportation networks, are enhancing market access and reducing post-harvest losses.
Egypt Agriculture Market Trends & Drivers:
The rising demand for organic and high-value crops, such as fruits and vegetables, for both domestic consumption and export, is augmenting the Egypt agriculture market. In addition to this, as global consumers become more health-conscious, Egypt is increasingly focusing on producing organic produce to meet international standards. This shift is driving farmers to adopt eco-friendly practices, supported by government incentives and international trade agreements.
Moreover, the expansion of agri-businesses and the growing role of the private sector are transforming traditional farming into a more commercially viable and efficient industry. The development of agricultural cooperatives and the use of digital tools for supply chain management are further contributing to the growth of the sector. These trends, coupled with the strategic location as an export hub, are expected to continue driving the growth of the Egypt agriculture market in the coming years, positioning Egypt as a key player in global agricultural trade.
Egypt Agriculture Market Report Segmentation:
The report provides an analysis of the key trends in each segment of the market, along with forecasts at the country levels for 2024-2032. The market has categorized based on type.
Breakup by Type:
Food Crops/Cereals
Fruits
Vegetables
Oilseeds and Pulses
Breakup by Region:
Greater Cairo
Alexandria
Suez Canal
Delta
Others
Competitor Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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