Saudi Arabia Seafood Market Size to Surpass USD 4.3 Billion by 2033, at a CAGR of 2.5%

Saudi Arabia Seafood Market Overview

Market Size in 2024: USD 3.3 Billion

Market Size in 2033: USD 4.3 Billion

Market Growth Rate 2025-2033: 2.5%

According to IMARC Group's latest research publication, "Saudi Arabia Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Saudi Arabia seafood market size was valued at USD 3.3 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 4.3 Billion by 2033, exhibiting a CAGR of 2.5% during 2025-2033.

How AI is Reshaping the Future of Saudi Arabia Seafood Market

● Advanced Aquaculture Management: AI-powered monitoring systems are revolutionizing fish farming operations by optimizing water quality parameters, feeding schedules, and growth conditions, reducing mortality rates by 15-20% while improving overall production efficiency across Saudi aquaculture facilities.

● Smart Supply Chain Optimization: Machine learning algorithms are enhancing cold chain logistics and inventory management for seafood distributors, ensuring optimal freshness preservation from coastal regions to urban centers while minimizing waste and reducing transportation costs by up to 25%.

● Predictive Analytics for Production: AI-driven forecasting models are helping aquaculture producers predict optimal harvest times, disease outbreaks, and market demand patterns, enabling better resource allocation and production planning aligned with Vision 2030's sustainability objectives.

● Automated Quality Control Systems: Computer vision and AI-powered inspection technologies are improving seafood quality assessment processes, ensuring products meet international food safety standards and reducing human error in grading and packaging operations.

● Precision Feeding Technologies: AI-integrated automated feeding systems are optimizing fish nutrition by analyzing growth patterns and environmental conditions, resulting in improved feed conversion ratios of 10-15% and potential annual cost savings of up to $417 million in production expenses.

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Saudi Arabia Seafood Market Trends & Drivers:

Saudi Arabia's seafood market is experiencing steady growth driven by increasing health consciousness among consumers and strategic government initiatives under Vision 2030. The Kingdom's ambitious plan to boost domestic seafood production from 280,000 tons in 2024 to 530,000-600,000 tons by 2030 represents a significant commitment to food security and economic diversification. The Ministry of Environment, Water, and Agriculture (MEWA) has announced substantial investments in aquaculture infrastructure and technology to support sustainable practices, positioning Saudi Arabia as a regional leader in seafood production.

The rising awareness of seafood's nutritional benefits, including high protein content and omega-3 fatty acids, is transforming dietary preferences among Saudi consumers. Health campaigns by the Saudi Food and Drug Authority (SFDA) have successfully promoted seafood consumption as part of a balanced diet, particularly for preventing chronic diseases and supporting overall wellness. This shift is further amplified by the growing expatriate population and increasing disposable incomes, creating robust demand for both premium and affordable seafood options across diverse market segments.

Technological advancements in aquaculture are revolutionizing the industry landscape, with innovations in Recirculating Aquaculture Systems (RAS), automated feeding technologies, and genetic improvement programs enhancing production yields and sustainability. The collaborative efforts between MEWA and King Abdullah University of Science and Technology (KAUST) have led to the development of over 30 new feed formulations, improving feed conversion efficiency and reducing production costs. These technological breakthroughs, combined with improved cold chain logistics and processing capabilities, are ensuring better product quality and extended shelf life, making Saudi seafood more competitive in both domestic and international markets.

Saudi Arabia Seafood Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

● Fish

● Shrimp

● Others

Form Insights:

● Fresh / Chilled

● Frozen / Canned

● Processed

● Distribution Channel Insights:

● Off-trade (Convenience stores, Online channel, Supermarkets and hypermarkets, and others)

● On-trade

Breakup by Region:

● Northern and Central Region

● Western Region

● Eastern Region

● Southern Region

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Recent News and Developments in Saudi Arabia Seafood Market

● August 2025: Collaborative efforts between the Ministry of Environment, Water, and Agriculture (MEWA) and King Abdullah University of Science and Technology (KAUST) announced plans to boost domestic seafood production from 280,000 tons in 2024 to 530,000 tons annually by 2030, with advancements in fish nutrition leading to development of over 30 new feed formulations.

● March 2025: The Saudi Arabia seafood market demonstrated resilient growth with technological advancements in aquaculture setting new benchmarks for production efficiency, featuring major companies including Almunajem Foods, Arab Fisheries, IZAFCO, Saudi Fisheries Co, Shell Fisheries, Tabuk Fisheries, and The Savola Group.

● February 2025: The Saudi Arabia Aquaculture Market forecast highlighted competitive profiles for leading companies including NAQUA, Aqua Bridge Farm Co., Asmak, Jazadco, and Izalco, with initiatives expected to promote sustainable growth while addressing production costs, water scarcity, and environmental concerns.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players including Almunajem Foods, Arab Fisheries Co., IZAFCO LLC, National Aquaculture Group, Shell Fisheries Company W.L.L., Saudi Fisheries Company, Tabuk Fisheries Company, and The Savola Group.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

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