Key Market Indicators
Malagasy fruit production is projected to climb to approximately 1.47 million metric tons by 2028, up from around 1.38 million metric tons in 2023. This marks a compound annual growth rate (CAGR) of 0.9% over the five-year period. Since 1966, Madagascar's fruit supply has seen a steady increase, growing at an annual rate of 1.2%. As of 2023, the country ranks 76th in global fruit production, having been overtaken by Hungary, which also produced about 1.38 million metric tons. Leading the global rankings are India, Brazil, and Mexico, coming in at second, third, and fourth place, respectively.
