Algeria Fruits and Vegetables Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 3.36 Billion |
| Market Size (2029) | USD 4.45 Billion |
| CAGR (2024 - 2029) | 5.80 % |
Algeria Fruits and Vegetables Market Analysis
The Algeria Fruits And Vegetables Market size is estimated at USD 3.36 billion in 2024, and is expected to reach USD 4.45 billion by 2029, at a CAGR of 5.80% during the forecast period (2024-2029).
- 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 across the world. Supportive government policies, adoption of modern agricultural practices, rising area harvested under these crops and high export potential of the produce in the international market are favouring the market growth. Additionally, 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. Potatoes, watermelons, onions, tomatoes, oranges, dates, olives, and grapes are some of the major fruits and vegetable crops produced in the country. According to the FAOSTAT, 840 thousand hectares are dedicated to fruit and vegetable cultivation, along with the production from greenhouses. These large areas dedicated to the cultivation of these crops are also aiding the market growth.
- Along with this, the consumption of fruits and vegetables in the country is reported to be growing in the past few years which has boosted the market growth. As per the International Nut & Dried Fruit Council, the consumption of dates in Algeria accounted for 82,683 metric tons in 2020 which increased to 99,354 metric tons in 2021. Moreover, farmers of fruits and vegetables are using greenhouse technology, hydroponics, and drip irrigation to increase their yield and cultivation efficiency. The initiatives in the controlled environment farming are also supporting the market growth. In 2022, the University of Ain Temouchent proposed a Green Algeria Project that aims to develop ML models for the management of intelligent greenhouses. This increases the efficiency of production thereby aiding the market growth during the forecast period. Therefore, the large areas under cultivation coupled with the rising consumption and supportive initiatives are the factors driving the market growth during the forecast period.
Algeria Fruits and Vegetables Market Trends
Growing Vegetable Production Supports the Market
- Algeria stands as a leading player in global vegetable production, contributing 6.8% to the world's total output, according to the data from FAOSTAT. The nation's increasing vegetable yield has bolstered both its food security and economic growth. Key vegetables like potatoes, onions, tomatoes, peppers, and cucumbers thrive predominantly in the eastern plains, especially around Bejaia and Annaba.
- With a rising population and a consistent demand for fresh produce, Algeria's vegetable output is on the upswing. Data from FAOSTAT highlights this trend, showing an increase from 7.6 million metric tons in 2021 to 7.9 million metric tons in 2022. This surge in production is paralleled by an expansion in the area dedicated to vegetable cultivation. Specifically, the harvested area expanded from 301 thousand hectares in 2021 to 307 thousand hectares in 2022, as reported by FAOSTAT.
- In a notable shift within Algeria's traditionally male-dominated agricultural landscape, women are spearheading eco-friendly vegetable cultivation on smallholdings. Concurrently, young entrepreneurs are leveraging social media to market their greenhouse-grown produce. A testament to this trend, in 2024, two women entrepreneurs inaugurated an eco-friendly farm in Zeralda, successfully selling their produce via WhatsApp. Such initiatives not only bolster the nation's vegetable output but also stimulate market growth. Thus, the expanding cultivation area, combined with innovative eco-friendly practices, is propelling the market's upward trajectory during the forecast period.
Strong Export Potential of Fruits Enhances Market Prospects
- Algeria plays a crucial role in the global fruit market, exporting a wide array of fruits. The primary varieties exported include dates, oranges, watermelons, and tropical fruits. According to the ITC trade map, major destinations for these exports are Morocco, France, the United States, and Mauritania. The ITC trade map data shows a steady increase in the value of fruit exports to these destinations during the study period. For instance, the export value of fruits from Algeria rose to USD 132 million in 2023, up from USD 131 million in 2022. This growth in export value indicates a strong market potential.
- Alongside the rising export values, improvements in fruit production capacities are enhancing productivity and boosting exports. For example, in 2022, Agrotonomy developed five new aeroponic technology-based vertical farms in Africa and is currently working on a project to establish a new vertical farm in Algeria for growing fruits and vegetables. Food security remains a significant challenge in Algeria, but the country is actively addressing this issue while also aiming to increase exports. The UN reports that Algeria has the lowest malnutrition rate in Africa, and the country is seeking foreign investments to further improve its export performance.
- Since 2023, Algeria has undertaken several initiatives to strengthen the competitiveness of its agri-food and beverage sector. One key initiative is the 2023 launch of the project "Strengthening the Competitiveness of the Agri-food and Beverage Sector," which focuses on enhancing the export competitiveness of Algeria's agri-food sector. These initiatives not only support fruit exports but also drive market growth.
Algeria Fruits and Vegetables Market News
- September 2024: Algeria's National Agricultural Land Office (ONTA) has granted Al Rayyan Agricultural a qualification certificate for a 1,811-hectare concession in Hassi Fehal. Al Rayyan is also setting up operations in El Meniaa, about 867 km from Algiers. This concession enables investment in strategic crops, boosting Algeria's agricultural production, particularly vegetables.
- May 2023: Vesco Algeria signed two Memorandums of Understanding with Elite Capital & Co. Limited to finance two projects a Dairy Farm and an Agro-Industrial Farm. The agro-industrial project focuses on establishing a greenhouse farm covering 500 hectares, supporting the production of fruits and vegetables.
Algeria Fruit and Vegetable 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 Broadening Horticulture Cultivation Areas
4.2.2 Rising Trend of Health Awareness
4.2.3 Growing Export Potential
4.3 Market Restraints
4.3.1 Price Volatality of Fruits and Vegetables
4.3.2 Unfavourable Climatic Conditions
5. MARKET SEGMENTATION
5.1 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)
5.1.1 Fruits
5.1.2 Vegetables
6. INTERNATIONAL TRADE AND PRICE SCENARIOS
6.1 Onion
6.2 Potato
6.3 Tomato
6.4 Garlic
6.5 Cauliflower
6.6 Beans
6.7 Eggplant
6.8 Lemon
6.9 Apples
6.10 Banana
6.11 Grapes
6.12 Strawberry
6.13 Watermelon
6.14 Dates
6.15 Olives
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/Profiles of Key Players
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Algeria Fruits and Vegetables Industry Segmentation
Fruits and vegetables are considered edible parts of plants such as seed-bearing structures, flowers, buds, leaves, stems, shoots, and roots, either cultivated or harvested wild, in their raw state, or 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 and volume in metric tons 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 Fruit and Vegetable Market Research FAQs
How big is the Algeria Fruits And Vegetables Market?
The Algeria Fruits And Vegetables Market size is expected to reach USD 3.36 billion in 2024 and grow at a CAGR of 5.80% to reach USD 4.45 billion by 2029.
What is the current Algeria Fruits And Vegetables Market size?
In 2024, the Algeria Fruits And Vegetables Market size is expected to reach USD 3.36 billion.
What years does this Algeria Fruits And Vegetables Market cover, and what was the market size in 2023?
In 2023, the Algeria Fruits And Vegetables Market size was estimated at USD 3.17 billion. 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.
Algeria Fruit and Vegetable Industry Report
Statistics for the 2024 Algeria Fruit and Vegetable market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Algeria Fruit and Vegetable analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
