Market Size of Qatar Agriculture Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 170.95 Million |
Market Size (2029) | USD 223.10 Million |
CAGR (2024 - 2029) | 5.47 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Qatar Agriculture Market Analysis
The Qatar Agriculture Market size is estimated at USD 170.95 million in 2024, and is expected to reach USD 223.10 million by 2029, growing at a CAGR of 5.47% during the forecast period (2024-2029).
The Qatari agricultural industry has seen significant growth in recent years, driven by rising food demand due to rapid population expansion and government-led efforts to bolster food security. These initiatives have ushered in notable advancements, including the enactment of the Public Private Partnership (PPP) law, the streamlining of distribution channels, and financial incentives to boost domestic production. Notably, despite Qatar's arid climate, the nation has embraced sustainable practices, leveraging technologies like automated irrigation, aquaponics, and hydroponics to elevate the yield and quality of its agricultural produce.
Despite substantial capital investments in bolstering domestic agricultural production, Qatar heavily depends on imports to satisfy its escalating consumption demands. Imported products include cereals, fruits, and vegetables. Major exporters like Brazil, the United States, India, and Australia cater to this need. According to the ITC Trade Map, Qatar imported vegetables worth USD 0.26 million in 2022, which was 13% higher compared to the previous year. Similarly, the country imported cereals worth USD 0.26 million in 2022, which was 35% more in comparison to the previous year.
Qatar Agriculture Industry Segmentation
Agriculture is the art and science of the cultivation of crops. For the study, all the major crops grown in the country using open fields and protected cultivation are also considered. The scope includes only fresh produce. The Qatari agriculture market is segmented by food crops/cereals, fruits, and vegetables. The report includes the production analysis by volume, consumption analysis by value and volume, export analysis by value and volume, import analysis by value and volume, and wholesale price trend analysis. The report offers market sizing in terms of both value (USD) and volume (metric tons).
Qatar Agriculture Market Size Summary
The agriculture sector in Qatar is experiencing significant growth, driven by the country's strategic initiatives to enhance food security and self-sufficiency. The government has implemented various policies and projects to encourage the adoption of advanced farming techniques, such as hydroponics, smart irrigation, and aquaponics, which are particularly suited to Qatar's arid climate. These efforts have led to increased local vegetable production, with a focus on crops like tomatoes, cucumbers, and eggplants. The Ministry of Municipality has been proactive in supporting farmers through technical assistance and the distribution of greenhouses, which have contributed to higher yields and more efficient use of resources. Additionally, partnerships with academic and research institutions, such as Carnegie Mellon University, are fostering innovation in agricultural practices, further bolstering the sector's development.
Qatar's agriculture market is poised for continued expansion, with a strong emphasis on achieving self-sufficiency in various agricultural products. The country is making strides in reducing its reliance on imported cereals by promoting domestic production and enhancing the capabilities of local farms. The introduction of solar-powered irrigation units and support for vegetable value chains are examples of initiatives aimed at increasing agricultural output. The market's growth is also supported by the development of commercial-scale indoor farms and vertical farming technologies, which ensure a steady supply of fresh produce year-round. As Qatar continues to invest in modern agricultural methods and infrastructure, the sector is expected to play a crucial role in the country's economic diversification and sustainability goals.
Qatar Agriculture 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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1.2.1 Increasing Food Demand by Growing Population Fueling Market Growth
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1.2.2 Rising Adoption of Sustainable and Smart Technologies Boosting Agriculture
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1.2.3 Government Initiatives for Self-sufficiency Driving The Market
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1.3 Market Restraints
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1.3.1 Unfavorable Climatic Conditions Limiting Production
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1.3.2 Reliance on Agriculture Imports
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2. MARKET SEGMENTATION (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 Food Crops/Cereals
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2.2 Fruits
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2.3 Vegetables
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Qatar Agriculture Market Size FAQs
How big is the Qatar Agriculture Market?
The Qatar Agriculture Market size is expected to reach USD 170.95 million in 2024 and grow at a CAGR of 5.47% to reach USD 223.10 million by 2029.
What is the current Qatar Agriculture Market size?
In 2024, the Qatar Agriculture Market size is expected to reach USD 170.95 million.