What years does this Agriculture Market In Oman Market cover, and what was the market size in 2023?

In 2023, the Agriculture Market In Oman Market size was estimated at USD 2.10 billion. The report covers the Agriculture Market In Oman Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Agriculture Market In Oman Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the logistical considerations for exporting agricultural products from Oman to international markets?

The logistical considerations for exporting agricultural products from Oman to international markets are a) Transportation infrastructure b) Cold chain management Read More

Agriculture Market In Oman Market Size

Market Size of Agriculture Industry 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 %

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).

Agriculture has been integral to Oman's economy for centuries. In 2022, the agricultural and fisheries sectors contributed 1.8% to Oman's GDP, according to World Bank data. The fertile coastal plains in Batina and Salala, along with the cooler high plateau climate of Al Jabal al Akhdar, support the cultivation of various fruits such as apricots, grapes, peaches, and walnuts. Additionally, the adoption of advanced farming technologies and favorable government policies are driving the market growth.
The government has established research and development centres across the country to promote agricultural mechanization and introduce new farming methods and crops, aiding the sector's growth. In 2023, the Ministry of Agriculture, Fisheries, and Water Resources launched the 'Oman Seed Bank to safeguard and enhance local crop diversity. This strategic repository conserves seeds, breeds new varieties suited to Oman's environment, and distributes them to farmers, significantly boosting agricultural yields. These initiatives are expected to drive agricultural growth in Oman during the forecast period.
Oman relies on imports to meet its domestic demand for fruits, vegetables, and cereals. To reduce this dependency, the country aims for self-sufficiency in agricultural products. Sustainable development in the agriculture sector is expected to increase its contribution to GDP, enhance employment, and improve the trade balance. Therefore, the adoption of technological advancements in agriculture, coupled with rising government support, is driving market growth during the forecast period.

Oman Agriculture Industry Segmentation

Oman's agriculture is recognized for its rich 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) and volume (metric tons) 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

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Agriculture Market 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.

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Agriculture Market In Oman Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Increasing Support from the Government
  2. 1.2.2 Growing Arable Land
  3. 1.2.3 Rising Adoption of Advanced Farming Technologies
3. 1.3 Market Restraints
  1. 1.3.1 Limited Resources and Harsh Climate Conditions
  2. 1.3.2 High Import Dependency
2. MARKET SEGMENTATION
1. 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)
  1. 2.1.1 Cereals
  2. 2.1.2 Oilseeds
  3. 2.1.3 Fruits
  4. 2.1.4 Vegetables

Agriculture Market In Oman Market Size FAQs

How big is the Agriculture Market In Oman Market?

The Agriculture Market 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.