Morocco Agriculture & Agribusiness Industry Market Report

The agriculture and agribusiness industry in Morocco is a vital component of the national economy, facilitating food security, rural development, and export growth. As of 2023, the agriculture sector is valued at approximately USD 12 billion, with crop production, livestock, and agribusiness activities being the primary components (source: Moroccan Ministry of Agriculture, Fisheries, Rural Development, Water and Forests).

The sector has seen an annual growth rate of 6% over the past five years, driven by government initiatives, technological advancements, and increasing demand for food products. Morocco's GDP stood at USD 124 billion in 2022, with the agriculture sector accounting for about 8% of the total (source: World Bank).

The future growth potential of the sector is substantial, with projections indicating that the market could reach USD 18 billion by 2030, supported by ongoing investments and agricultural development projects.

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