Saudi Arabia Aquaculture Market to Reach 817,000 Tons by 2033, Industry Growing at 6.6% CAGR

𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟑

According to IMARC Group's report titled "𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐅𝐢𝐬𝐡 𝐓𝐲𝐩𝐞 (𝐎𝐧 𝐭𝐡𝐞 𝐁𝐚𝐬𝐢𝐬 𝐨𝐟 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧, 𝐎𝐧 𝐭𝐡𝐞 𝐁𝐚𝐬𝐢𝐬 𝐨𝐟 𝐂𝐨𝐧𝐬𝐮𝐦𝐩𝐭𝐢𝐨𝐧), 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 (𝐌𝐚𝐫𝐢𝐧𝐞 𝐖𝐚𝐭𝐞𝐫, 𝐅𝐫𝐞𝐬𝐡 𝐖𝐚𝐭𝐞𝐫, 𝐁𝐫𝐚𝐜𝐤𝐢𝐬𝐡 𝐖𝐚𝐭𝐞𝐫), 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 (𝐓𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐭𝐚𝐢𝐥, 𝐒𝐮𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐚𝐧𝐝 𝐇𝐲𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭𝐬, 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐒𝐭𝐨𝐫𝐞𝐬, 𝐎𝐧𝐥𝐢𝐧𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬) 𝟐𝟎𝟐𝟓-𝟐𝟎𝟑𝟑", the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

𝐇𝐨𝐰 𝐁𝐢𝐠 𝐢𝐬 𝐭𝐡𝐞 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 ?

The Saudi Arabia aquaculture market was valued at 𝟒𝟓𝟗,𝟎𝟎𝟎 𝐓𝐨𝐧𝐬 in 2024 and is projected to grow to 𝟖𝟏𝟕,𝟎𝟎𝟎 𝐓𝐨𝐧𝐬 by 2033, with an expected compound annual growth rate (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟔.𝟔% from 2025 to 2033.

𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The Saudi Arabia aquaculture market is growing significantly owing to rising seafood demand and government efforts aimed at diversifying the economy through its Vision initiatives. The country's geographical location, paired with its long shoreline, offers an extensive scope for opportunities in fish farming and exploitation of marine resources. The high nutritional value of seafood has also contributed to the expansion of this market. The aid extended towards aquaculture technologies such as RAS and sustainable farming practices improve production efficiency while minimizing environmental effects.

The government has been keen in supporting the sector through investment, subsidy provisions, and the setting of rules to encourage local production and lessen the dependency on imports. Basically, this has helped create an enabling environment for both local and foreign investors to find opportunities on the market. Furthermore, the growing focus on food security plus self-sufficient nation-building has generated even more R&D activities, resulting in innovation in species diversification and feed optimization. Nevertheless, the high initial investment cost and water scarcity are serious challenges that exist. Regardless of this challenge, steady growth is in the pipeline given the favorable policy environment, technological growth, and rising consumer demand for high-quality seafood products.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/saudi-arabia-aquaculture-market/requestsample

𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Saudi Arabia aquaculture market is showing tremendous growth because of increasing demand for seafood, government support, and sustainable advancements in farming. The country's strategic focus on diversifying the economy and reducing reliance on oil has led to significant investments in the aquaculture sector. Additionally, an increasing population with changing dietary preferences has created an increasing demand for high-quality protein sources, for which aquaculture stands out as a major solution. Additionally, the government has been implementing policies and initiatives that will enhance local fish production. These will help in ensuring food security and reduce dependence on imports.

Technological innovations, such as recirculating aquaculture systems (RAS) and offshore farming, are further improving productivity and efficiency in the sector. Basically, these innovations enable farmers to overcome challenges such as water scarcity and harsh climatic conditions that prevail in the region. Private sector participation and foreign investments are providing scope for the market's expansion. There is increased orientation towards sustainable practices, which is also promoting eco-friendly culture suitable to global environmental standards. Given these conditions, the Saudi Arabian aquaculture market is considered to have sound growth prospects, and high potential opportunities are expected to be available for all stake holders in the value chain.

𝐁𝐲 𝐭𝐡𝐞 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩, 𝐭𝐡𝐞 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

• National Aquaculture Group (NAQUA)
• Saudi Fisheries Company (SFC)
• Arabian Shrimp Company
• Asmak Holdings
• Jazan Energy, and Development Company (Jazadco)
• Tabuk Fisheries Company

𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐀𝐪𝐮𝐚𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Saudi Arabia aquaculture market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐅𝐢𝐬𝐡 𝐓𝐲𝐩𝐞:

A. On the Basis of Production
1. Freshwater Fishes
2. Diadromous Fishes
3. Marine Fishes
4. Crustaceans
5. Others

B. On the Basis of Consumption
1. Pelagic Fish
2. Freshwater and Diadromous Fish
3. Crustaceans
4. Demersal Fish
5. Others

Production of crustaceans, including shrimp, crabs, and lobsters, represents one of the most widely used and commercially important fish types across global seafood markets.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭:

• Marine Water
• Fresh Water
• Brackish Water

Marine water accounts for the majority of the market share, dominating the industry due to its extensive applications, vast availability, and significant role in global trade and ecosystems.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:

• Traditional Retail
• Supermarkets and Hypermarkets
• Convenience Stores
• Online Channel
• Others

Traditional retail represents the most widely used and established distribution channel, serving as the primary method for consumers to access products across various industries and markets worldwide.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.imarcgroup.com/request?type=report&id=1691&flag=C

𝐎𝐭𝐡𝐞𝐫 𝐤𝐞𝐲 𝐚𝐫𝐞𝐚𝐬 𝐜𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development

𝐍𝐨𝐭𝐞: 𝐈𝐟 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐜𝐚𝐧 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐢𝐭 𝐭𝐨 𝐲𝐨𝐮 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.