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

● Smart Aquaculture Management: AI-powered IoT sensors and automated systems are revolutionizing fish farming operations by monitoring water quality, oxygen levels, and feeding patterns in real-time, optimizing production efficiency and reducing waste across Saudi Arabia's expanding aquaculture facilities.

● Predictive Analytics for Fish Health: AI-driven diagnostic tools and machine learning algorithms are enabling early detection of diseases and optimal growth conditions, supporting the Kingdom's Vision 2030 goal of achieving 600,000 tons of aquaculture production while ensuring sustainable and healthy seafood supply.

● Supply Chain Optimization: AI algorithms are enhancing cold chain logistics and distribution networks, reducing spoilage by up to 30% through intelligent temperature monitoring and route optimization, ensuring fresh seafood reaches consumers from coastal regions to urban centers like Riyadh efficiently.

● Automated Processing and Quality Control: AI integration in seafood processing facilities is streamlining operations through computer vision systems that detect quality, grade seafood products, and ensure compliance with food safety standards, supporting Saudi Arabia's food security objectives.

● Market Intelligence and Demand Forecasting: AI-enabled analytics platforms are providing real-time insights into consumer preferences and market trends, helping local producers and retailers optimize inventory management and align production with the growing domestic demand for premium seafood products.

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Saudi Arabia Seafood Market Trends & Drivers:

Saudi Arabia's seafood market is experiencing steady growth, driven by increasing health consciousness and government initiatives through Vision 2030 and the National Fisheries Development Programme (NFDP). The market is fueled by rising awareness of seafood's nutritional benefits, including high protein content and omega-3 fatty acids, as consumers shift toward healthier dietary habits amid growing lifestyle diseases. The Saudi Food and Drug Authority (SFDA) campaigns promoting seafood consumption for balanced diets are accelerating adoption across all age groups, while the government's commitment to diversifying the economy beyond oil is driving substantial investments in local aquaculture production.

The rapid expansion of aquaculture infrastructure and technological innovation is significantly boosting market demand. The Ministry of Environment, Water, and Agriculture (MEWA) has committed to achieving 600,000 tons of aquaculture production by 2030, with the National Fisheries Development Programme attracting USD 4 billion in investments for recirculating aquaculture systems (RAS), automated feeding technologies, and genetic improvement of species. These advancements are enhancing production efficiency, ensuring sustainable practices, and reducing reliance on imports, while improved cold chain logistics and processing technologies are extending shelf life and market accessibility.

Retail expansion and changing consumer preferences are creating new opportunities across multiple channels. The growth of modern retail outlets, supermarkets, hypermarkets, and e-commerce platforms is making diverse seafood products more accessible to consumers, while the booming hospitality sector driven by tourism and international events is increasing demand for premium seafood in restaurants and hotels. The rising expatriate population seeking diverse culinary experiences, combined with improved infrastructure connecting coastal regions like the Red Sea and Arabian Gulf to urban centers, is driving consumption of popular species including tilapia, grouper, hammour, and shrimp across residential and commercial segments.

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
● Others
● On-Trade

Breakup by Region:

● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region

Competitive Landscape:

● Almunajem Foods
● Arab Fisheries Co.
● IZAFCO LLC
● National Aquaculture Group
● Shell Fisheries Company W.L.L.

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Recent News and Developments in Saudi Arabia Seafood Market

● February 2025: The National Aquaculture Group (NAQUA) announced the launch of three advanced aquaculture facilities in Jeddah and Dammam, incorporating AI-powered water quality monitoring systems and automated feeding technologies that improve production efficiency by 40% and support sustainable seafood production aligned with Vision 2030 targets.

● March 2025: The Ministry of Environment, Water, and Agriculture (MEWA) partnered with international aquaculture technology providers to deploy smart recirculating aquaculture systems (RAS) across 15 fish farms, investing USD 250 million to boost local seafood production capacity and reduce import dependency by 25% by 2027.

● April 2025: Saudi Arabian retail giant Almunajem Foods expanded its cold chain network with the opening of five state-of-the-art seafood distribution centers in Riyadh, Jeddah, and Dammam, featuring IoT-enabled temperature control and AI-driven logistics systems to ensure fresh seafood delivery within 24 hours across the Kingdom's major urban centers.

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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