MARKET BACKGROUND

IRAQ ….

Agrofood & Packaging Markets… Flourishing Indicators

Revenue in the Food market is expected to amount to US$44.34bn in 2024. The market is expected to grow annually by 4.98% (CAGR 2024-2028)

The market's largest segment is the segment Confectionery & Snacks with a market volume of US$10.70bn in 2024.

Revenue in the Dairy Products & Eggs market amounts to US$4,281.00m in 2024. The market is expected to grow annually by 6.33% (CAGR 2024-2028).

The Online Food Delivery market in Iraq is expected to achieve a revenue of US$1,065.00m by 2024.

Revenue in the Confectionery market amounts to US$8.29bn in 2024. The market is expected to grow annually by 4.14% (CAGR 2024-2028).

In Iraq, the revenue generated in the packaging Bags & Containers market is expected to exceed US$229.40m in 2024.

Iraq’s imports of packaging technology increase with an annual growth rate of 5.4%.

In the Food market, volume is expected to amount to 13.10bn kg by 2028. The Food market is expected to show a volume growth of 4.4% in 2025.

The average volume per person in the Food market is expected to amount to 255.50kg in 2024.