Market Size of Uganda Agriculture Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 4.07 Billion |
| Market Size (2029) | USD 5.00 Billion |
| CAGR (2024 - 2029) | 4.20 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Uganda Agriculture Market Analysis
The Uganda Agriculture Market size is estimated at USD 4.07 billion in 2024, and is expected to reach USD 5 billion by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).
- Agriculture has always been of great importance to Uganda. It is the primary sector of the Ugandan economy and the main employer. Over the coming years, the agriculture sector is expected to be the key contributing factor in the country's efforts to decrease poverty and attain economic growth. Uganda has one of the fastest population growth rates. As per the UN World Population Prospects statistics, the population of Uganda in 2022 was 47,249,585, a 3.04% increase from 2021, which is the principal driver for the growth in the consumption of crops in Uganda. However, limited production owing to major productivity restraints, due to the unavailability of good quality seeds and proper irrigation, as well as lack of linkages between formal and informal seed sectors, contribute the most toward restraining the development of the agriculture sector in Uganda.
- For decades the Ugandan federal government has been highly supportive of agriculture. It has been supporting the agriculture industry with a number of policies, trying to stabilize the output and seeking out ways to make sure the sector is growing healthily and sustainably. There is broad political consensus as to the need for labor, land, and tax reform to help the sector reach its potential. Due to supportive policies, the agriculture sector's performance has been improving steadily in recent years in Uganda.
Uganda Agriculture Industry Segmentation
The study identifies the agriculture scenario of Uganda and estimates the growth of the crop production and agricultural sector in the country as a whole.
The Ugandan agriculture market includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The market is segmented by type into cereals and grains, oilseeds and pulses, and fruits and vegetables. The report offers market sizing and forecasts in value (USD thousand) and volume (metric tons).
| Type (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |
| Cereals and Grains | |
| Oilseeds and Pulses | |
| Fruits and Vegetables |
Uganda Agriculture Market Size Summary
The agriculture sector in Uganda plays a pivotal role in the country's economy, serving as the primary source of employment and a significant contributor to GDP and export earnings. With a warm climate and fertile land, Uganda has the potential to enhance its agricultural output significantly. Despite challenges such as limited access to quality seeds, inadequate irrigation, and insufficient linkages between seed sectors, the government has been proactive in implementing supportive policies to stabilize and grow the sector. These efforts have led to steady improvements in agricultural performance, with a focus on labor, land, and tax reforms to unlock the sector's full potential. The adoption of good agricultural practices and private investments are expected to further drive growth in the coming years.
Uganda's agricultural landscape is characterized by a high level of engagement in crop production, with a significant portion of the population involved in cultivating various fruits and vegetables. The rising health consciousness among consumers is shifting demand towards organic and off-season fruits and vegetables, creating opportunities for smallholders and enhancing domestic and regional market participation. The government's initiatives, such as the South-South Cooperation project and the formation of farmer cooperatives like Hortifresh, aim to boost production and productivity, particularly in sectors like coffee and fresh produce. Additionally, the integration of advanced technologies and machinery is poised to improve efficiency and land productivity, aligning with the growing demand for sustainable and organic agricultural products.
Uganda 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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1.3 Market Restraints
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2. MARKET SEGMENTATION
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2.1 Type (Production Analysis, 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 and Grains
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2.1.2 Oilseeds and Pulses
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2.1.3 Fruits and Vegetables
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Uganda Agriculture Market Size FAQs
How big is the Uganda Agriculture Market?
The Uganda Agriculture Market size is expected to reach USD 4.07 billion in 2024 and grow at a CAGR of 4.20% to reach USD 5.00 billion by 2029.
What is the current Uganda Agriculture Market size?
In 2024, the Uganda Agriculture Market size is expected to reach USD 4.07 billion.
