Agriculture Sector in Oman
Oman's agriculture sector, though contributing approximately 2.31% to the nation's GDP in 2023, plays a pivotal role in the country's economic diversification and food security initiatives. The sector has witnessed significant growth, with a 9.8% increase in 2024, underscoring its expanding contribution to the national economy. Aligned with Oman Vision 2040, the agriculture sector is central to achieving sustainable development and enhancing self-sufficiency in food production.
Fodder Crop Production
123 k
(Tons) 41.9% of total yield
2024
Employment
6 %
of Oman's workforce
2022
GDP Contribution
2.3 %
Of Oman’s Total GDP
2023
Totaling
966 m
Riyal Omani (RO)
2023
Unlocking Oman’s rich resources
Opportunities and Projections
Oman's food security sector is set for transformative growth, with over 30 new investment projects valued at OMR 10 million aimed at boosting local production and reducing import reliance. As part of Vision 2040, these initiatives create lucrative opportunities for investors in sustainable and high-impact ventures.
Investment Opportunities
Greenhouse Farming
- With advancements in agricultural technology, greenhouse farming offers a controlled environment for high-yield crop production, ensuring year-round supply.
Livestock Farming
- Investments in modern livestock farming techniques can enhance meat and dairy production, meeting both domestic and regional demand.
Food Processing
- Establishing food processing units can add value to raw agricultural products, extending shelf life and opening avenues for export.
Growth Projections
Market growth -
- The sector is projected to expand to $2820.53 million by 2027 (2.9% CAGR), driven by agtech adoption and export-oriented production.
Global trends -
- Rising demand for organic produce and climate-resilient crops positions Oman as a regional hub for sustainable agriculture.
Market Size in USD Billion
Unlocking Oman’s rich resources
Strategic Developments and Infrastructure
Food Security Lab 2024
Boosting Local Production
Strategic Focus
Digital Transformation
Agricultural Cities
Innovative Farming Hubs
Investment and Modernization
Financial Commitment
Technological Advancement
Seawater Farming and Saline Agriculture
Innovative Technique
Sustainable Practices
Notable Projects
Sustainable Development 2040 Strategy
Diverse Flora
Tatweer Platform
New Projects
Focus Areas
Why Choose Oman for Agriculture Investment?
Strategic Positioning
48-hour logistics reach to 3B consumers across Asia, Africa, and Europe
Supportive Policies
Incentives like tax benefits and public investments create a robust investor environment.
Abundant Natural Resources
Oman offers fertile land and water systems for sustainable food production.
Certifications & Regulatory Framework
Compliance with GCC-wide food safety standards for export readiness.
Government Support: Powering Agriculture
Right-to-use land for fish farming projects for 25 years and two years' grace period.
Land leasing at OMR 50 per acre for the first 100 acres and above OMR 5 per acre.
3% Development Bank-backed loans and two-year grace period.
Customs exemption for 71 countries across 15 trade agreements.
Adoption of electricity pricing for projects (average tariff of 20 baisa) for projects with less than 100,000 kilowatts per year.
Let Us Guide your Success in Oman
Discover Opportunities Across Oman’s Thriving Sectors
Discover a wealth of investment opportunities in Oman, meticulously crafted by Invest Oman and various government stakeholders.
Explore Investment OpportunitiesPartner with Us to Shape Your Investment Vision
Got unique investment goals? Contact our experts to create a personalized success roadmap in Oman. We're here to help you maximise your venture's potential.
Contact Us