Market Size of Agriculture in Oman
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 2.24 Billion |
| Market Size (2029) | USD 3.01 Billion |
| CAGR (2024 - 2029) | 6.16 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Oman Agriculture Market Analysis
The Agriculture in Oman Market size is estimated at USD 2.24 billion in 2024, and is expected to reach USD 3.01 billion by 2029, growing at a CAGR of 6.16% during the forecast period (2024-2029).
- The increase in the adoption of advanced farming technologies and conducive government policies supporting domestic crop production are some factors driving the country's market growth. Through imports, Oman meets its domestic fruits, vegetables, and cereals demand. Therefore, to reduce import dependency, the country aims for self-sufficiency in agricultural products by encouraging its farmers to adopt advanced farming techniques.
- Agricultural production in Oman consists mainly of dates, vegetables, and fruits, while other crops are cultivated at lesser volumes. According to world bank statistics, the total amount of agricultural land in Oman was about 1.4 million hectares in 2020, which accounted for 4.7% of the total land area. Fruits like bananas and papaya are also grown in coastal regions, which accounted for 18,447 ton and 5,840 ton of production, respectively, in 2020. Additionally, Oman increased its barley, sorghum, and wheat production in recent years.
- Moreover, the government launched several initiatives to encourage private sector production, such as updating regulations, providing low-interest loans, aiding domestic production, and running campaigns to increase the visibility of locally made products, which is expected to boost the growth of agriculture in Oman during the forecast period.
Oman Agriculture Industry Segmentation
Oman is recognized for its rich agricultural diversity involving almost all crop species. The Oman agriculture market report is segmented by type (cereals, oilseeds, fruits, and vegetables). The report includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report offers market size and forecasts regarding value (USD million) and volume (ton) for all the above segments.
| Crop Type (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |
| Cereals | |
| Oilseeds | |
| Fruits | |
| Vegetables |
Agriculture in Oman Size Summary
The agriculture sector in Oman is poised for significant growth, driven by the adoption of advanced farming technologies and supportive government policies aimed at boosting domestic crop production. The country's agricultural landscape is primarily focused on the cultivation of dates, vegetables, and fruits, with efforts underway to reduce reliance on imports by achieving self-sufficiency. The government has implemented various initiatives to encourage private sector involvement, such as offering low-interest loans, updating regulations, and promoting locally produced goods. These measures are expected to enhance the agricultural contribution to Oman's GDP, as the sector increasingly integrates modern practices and technologies.
The expansion of retail chains and distribution networks in Oman is further influencing the agriculture market, with major retailers and supermarkets enhancing access to a variety of fruits and vegetables at competitive prices. Urbanization and the rise of hypermarkets are driving demand for high-value processed agricultural foods, while improved logistics services are reshaping consumer purchasing behaviors. Government initiatives, such as the distribution of free seedlings to farmers and collaborations with international companies to produce sustainable food products, are also contributing to the sector's growth. These developments indicate a promising outlook for Oman's agriculture market over the forecast period.
Agriculture in Oman Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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2. MARKET SEGMENTATION
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2.1 Crop Type (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
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2.1.1 Cereals
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2.1.2 Oilseeds
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2.1.3 Fruits
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2.1.4 Vegetables
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Agriculture in Oman Market Size FAQs
How big is the Agriculture in Oman Market?
The Agriculture in Oman Market size is expected to reach USD 2.24 billion in 2024 and grow at a CAGR of 6.16% to reach USD 3.01 billion by 2029.
What is the current Agriculture in Oman Market size?
In 2024, the Agriculture in Oman Market size is expected to reach USD 2.24 billion.
