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 % |
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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).
- According to Qatar News Agency, the Ministry of Municipality mentioned that Qatar achieved several of the goals of its food security policy in 2021 as local vegetable output increased from roughly 66,000 metric tons to over 103,000 metric tons, resulting in a 41 percent self-sufficiency rate. By 2023, local vegetable self-sufficiency is anticipated to be at 70%. Local dates are presently 86 percent self-sufficient, and by 2023, it is anticipated that percentage will rise to 95 percent.
- Qatar meets most of its domestic cereal demand through imports. Brazil, the United States, India, and Australia are some of the major exporters of cereals to Qatar. The country is aiming for self-sufficiency in agricultural products by encouraging its farmers to adopt advanced farming techniques. In comparison, the vegetable segment in the country is very strong. Tomato, pumpkin, eggplant, cabbage, cucumber, onion, and cauliflower are the most grown vegetables in Qatar.
In 2022, Qatar Charity will have distributed and installed dozens of solar-powered irrigation units for internally displaced farmers in northern Syria with its "Support Vegetable Value Chain' project, which aims to support 200 summer vegetable farmers with the necessary agricultural inputs such as fertilizers, pesticides, and drip irrigation networks. The project also aims to provide agricultural guidance on the best means to achieve the highest level of vegetable production at the lowest costs, give remunerative profits to the farmers, and provide vegetables at the lowest prices in the market. Therefore, a number of factors, like the increase in adoption of advanced farming technologies and conducive government policies supporting domestic crop production along with a highly active local supply system, are some of the factors driving market growth in the country.