Market Size of Oman Fruits and Vegetables Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.77 % |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Oman Fruits and Vegetables Market Analysis
The Oman Fruits and Vegetables Market size is estimated at USD 1.52 billion in 2023, and is expected to reach USD 2.11 billion by 2028, growing at a CAGR of 6.77% during the forecast period (2023-2028).
- Since agriculture is considered the pillar of economic growth, the Omani government has taken various measures to ensure food safety and security. According to Oman's Agriculture Ministry, the agriculture and fisheries sectors witnessed a growth of 9.8%. Production of vegetables and fruits in Oman has been divided into two periods. The first period begins in September, while the second begins in February. In the first period, vegetables like pepper, eggplant, cucumber, and pumpkin are grown in warm temperatures. Winter cabbage, cauliflowers, and peas are grown in the country in the second period.
- Owing to increasing disposable incomes, people in Oman are presently more focused on healthier diets, with more inclusion of fruits and vegetables. In addition, with the rising ex-pat population in Oman, there is a shift from traditional dietary habits to organic foods, which has influenced vegetable production in the country. Production of total primary fruits and vegetables in the country accounted for 514 thousand metric ton and 782 thousand metric ton, respectively, in 2021. Tomato is a prominent vegetable produced in the country, followed by eggplants, cauliflower, chilies and peppers. Dates and watermelon were majorly produced among fruits, followed by banana, mango, lemon, and papaya in 2021.
- The Oman Investment Authority (OIA) announced the launch of a new project to market vegetables and fruits in the Sultanate in cooperation with the Ministry of Agriculture and Fisheries in 2020. The project aims to establish model farms in various governorates according to the comparative advantage, diversity of climates, and environments suitable for the growth of various crops. Thus, considering these factors, the market is projected to record steady growth.