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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 , share, trends, and research of the industry.
The Egypt agriculture market size reached US$ 24.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 30.1 Billion by 2032, exhibiting a growth rate (CAGR) of 2.10% during 2024-2032.
The initiatives taken by government authorities to increase agricultural productivity as well as improve food security, as agriculture remains a vital sector for the economy, are the factors contributing to the growth of the Egypt agriculture market. Additionally, the market is propelling as there is increasing demand for food, prompting the government to invest in land reclamation projects, modern irrigation techniques, and infrastructure development with a growing population.
Besides this, the shift towards adopting advanced agricultural technologies, including precision farming, drone technology, and automated irrigation systems, is enhancing efficiency and crop yields. The strategic focus on expanding its export potential, particularly in crops like cotton, fruits, and vegetables, is further propelling the agricultural growth of the market.
Egypt Agriculture Market Trends & Drivers:
A key trend shaping the Egypt agriculture market is the rising emphasis on sustainable farming practices and resource conservation. In addition to this, there is a growing push towards using more efficient water management practices and drought-resistant crops, with water scarcity being a significant concern. Organic farming is also gaining traction as both domestic and international consumers show increased interest in pesticide-free and environmentally friendly products.
The expansion of agribusinesses and foreign investments in the agricultural sector is fostering technological innovation and improving market access. Furthermore, the focus by government authorities on rural development and supporting smallholder farmers through training and financial aid is enhancing productivity and boosting the overall growth of the agriculture market in Egypt. The efforts to modernize farming practices are expected to continue driving the Egypt agriculture market in the coming years.
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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