Egypt Fruits and Vegetables Market Growth and Size, Rising Trends, Industry Share, Demand, CAGR Status, Challenges, Future Opportunities and Forecast Analysis Till 2033: SPER Market Research
Fruits and vegetables are key components of a well-balanced diet due to their high vitamin, mineral, and phytochemical content. They also contain adequate amounts of fibre and other micronutrients. They are naturally helpful, including vitamins and minerals such as folic acid, magnesium, zinc, phosphorus, and A (beta-carotene). Eating fruits and vegetables on a daily basis can also assist to prevent a variety of diseases. Fruits and vegetables, which include phytochemicals or plant compounds, give various health benefits.
According to SPER Market Research, ‘Egypt Fruits and Vegetables Market Size- By Product, By Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Egypt Fruits and Vegetables Market is estimated to reach USD 39.02 million by 2033 with a CAGR of 10.81%.
Drivers:
The market is expanding as a result of stable output and increased exports of fruits and vegetables. Given Egypt’s expanding urbanisation, increased disposable income, and self-reliance in fruit and vegetable production, the market for fruits and vegetables is predicted to rise rapidly. People are shifting to healthier meals that contain fresh fruits and vegetables as they have a better understanding of what constitutes a nutritious diet. Furthermore, Egypt is working hard to increase fruit and vegetable exports by upgrading the agricultural quarantine system to match international quality standards, introducing new markets, and equipping laboratories with cutting-edge technology. These initiatives will drive market expansion in the future year.
Restraints:
Food contamination from fruits and vegetables is a significant challenge that is expected to stymie market growth during the projection period. Contaminants can enter the supply chain in a variety of ways, rendering the food unsafe for consumption. Furthermore, abrupt climate change may increase the risk of food poisoning because fruits and vegetables degrade at extreme high or low temperatures. Such challenges may, in turn, restrict market expansion during the forecasted period.
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The COVID-19 pandemic has significantly impacted Egypt’s fruit and vegetable economy. The outbreak affected transportation, logistics, and workforce availability, resulting in supply chain challenges. Fruit and vegetable exports were impeded by transportation restrictions and international trade impediments. Consumer behaviour changed as a result of the outbreak, with a greater emphasis on health and immunity. Consumers prioritised fresh fruits and vegetables, resulting in increased demand.
The northern portion of Egypt, notably the Nile Delta, controls the majority of the Egypt Fruits & Vegetables Market. Major players in the market are Al Hamd Co, AL Sadat Agro Fruit Co, BelOrta CV, Driscoll Strawberry Associates Inc, Emona Co Ltd, Fresgarrido SL, and Others.
Egypt Fruits and Vegetables Market Segmentation
By Product: Based on the Product, Egypt Fruits and Vegetables Market is segmented as; Vegetables, Fruits.
By Type: Based on the Type, Egypt Fruits and Vegetables Market is segmented as; Fresh, Processed, Frozen.
By Application: Based on the Application, Egypt Fruits and Vegetables Market is segmented as; Commercial, Household.
By Region: This research also includes data for Western Region, Eastern Region, Southern Region, Northern Region.
For More Information, refer to below link:-
Egypt Fruits and Vegetables Market Outlook
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