Souss-Massa Strengthens Its Position as Morocco’s Fourth Economic Power in the 2025 “500 Global” Ranking

The Agadir Souss-Massa region confirms its status as the fourth Moroccan economic force in the “500 Global” 2025 ranking, after the central trio.

Its 20 companies have a combined turnover of 19.9 billion dirhams, registering regional growth of 9.7%. Its high productivity, driven by the agri-food industry and led by champions like COPAG, clearly distinguishes it from its direct counterparts.

Since 2002, the “500 Global” ranking of the largest companies in Morocco and its eponymous regional caravan have accompanied the transformation of the national economic landscape for almost a quarter of a century.

This barometer, whose 2025 edition marked a historic milestone: consolidated turnover exceeded 1,026 billion dirhams for the first time , supported by growth of 7.7%, and already anticipates a new level of performance thanks to the expected benefits of the 2030 World Cup. But beyond national aggregates, the ranking offers an essential economic map via the weight of the regions in the 500 global 2025, but also, the regional champions.

In this sense, the regional stop of the 500 Global caravan, organized at the beginning of the week in Agadir, after the Tangier stage, highlighted the emergence of dynamic regional hubs, including the Souss-Massa region.

Souss-Massa: the region consolidates its status as the 4th largest economic force

According to the summary of the 2025 edition presented jointly by Hassan Alaoui, President of Economie Entreprises and Najib Belghazi, CEO of Kompass Maroc, the Souss-Massa region, of which Agadir is the capital, has consolidated its status as the fourth major economic force in the Kingdom, immediately following the central trio of Casablanca-Settat, Rabat-Salé- Kénitra and Tanger-Tétouan-Al Hoceima in the 2025 edition of the “500 Global” ranking.

The Souss-Massa region has 20 companies in this circle of large entities, which have combined a turnover (CA) of 19.9 MMDH, representing 2% of the total turnover of the 500. More significantly, the region has recorded strong growth momentum, developing its turnover by 9.7% in 2025.

What particularly distinguishes Souss-Massa is its productivity: although it has fewer companies than the central hubs, it demonstrates a greater capacity to generate revenue compared to its direct regional counterparts such as Marrakech-Safi and Fès-Meknès. This performance is primarily linked to the region’s specialization in high value-added, export-oriented sectors, particularly agribusiness.

The top 10 regional champions

A detailed analysis of regional performance in the 2025 ranking confirms the supremacy of the agribusiness sector, although other sectors also demonstrate notable vitality. The undisputed leader in the Souss-Massa region is COPAG, which has taken the top spot with a turnover of over 8.14 billion dirhams in 2024, consolidating its position with growth of 8.2%.

The regional podium is completed by Gazafric (1.89 billion dirhams) and Comptoir Agricole du Souss , which surpassed the one billion dirham mark (1.16 billion dirhams) thanks to a growth rate of 9.7%. The ranking reveals a network of solid companies, such as Silda , Gdiragri , and Naftam, which maintain operational stability and healthy growth.

However, the Souss-Massa region’s growth champion is Zenith Pharma (Rank 7), a pharmaceutical company, which recorded the highest growth rate in the regional ranking with a 21.1% increase, reaching a turnover of 814.5 million dirhams. The Souss-Massa Top 10, despite the notable entry of Petrostar Maroc and the presence of Zenith Pharma, illustrates that agriculture and agribusiness remain the fundamental pillar and main driver of the productivity dynamics that characterize Morocco’s fourth-largest economic hub.

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