Press release
Saudi Arabia Agritech Market Is Expected to Reach USD 667.1 Million by 2034, Grow at a CAGR Of 10.39%
Saudi Arabia Agritech Market OverviewMarket Size in 2025: USD 274.0 Million
Market Size in 2034: USD 667.1 Million
Market Growth Rate 2026-2034: 10.39%
According to IMARC Group's latest research publication, "Saudi Arabia Agritech Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The Saudi Arabia Agritech Market size reached USD 274.0 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 667.1 Million by 2034, exhibiting a growth rate (CAGR) of 10.39% during 2026-2034.
How AI is Reshaping the Future of Saudi Arabia Agritech Market
● Revolutionizing Precision Agriculture and Crop Monitoring: AI-powered satellite imagery, drone technology, and multispectral sensors are transforming crop health monitoring and vegetation analysis through real-time NDVI-based mapping, predictive analytics, and automated pest detection systems, enabling farmers to optimize resource allocation while reducing water consumption by 30-40% in the Kingdom's arid agricultural zones across Al-Qassim and Riyadh regions.
● Optimizing Water Management and Irrigation Systems: Machine learning algorithms integrated with IoT sensors are revolutionizing irrigation efficiency through intelligent soil moisture monitoring, automated drip irrigation control, and predictive water distribution systems, supporting the Qatrah program's goal of achieving 50% reduction in daily water usage by 2030 while maximizing crop productivity in water-scarce environments.
● Enhancing Controlled-Environment Agriculture Performance: AI-driven climate control systems are optimizing greenhouse and vertical farming operations through automated temperature regulation, humidity management, and lighting adjustments, improving crop yields by 25-35% in controlled environments while enabling year-round production of vegetables and fruits in Jeddah and Dammam urban centers that were previously unfeasible to cultivate locally.
● Accelerating Agricultural Research and Development: Artificial intelligence is transforming agricultural research through automated data analysis, pattern recognition in crop genetics, and predictive modeling for drought-resistant crop development, enabling institutions like King Abdullah University of Science and Technology (KAUST) to accelerate innovation in desert agriculture and develop climate-resilient farming solutions tailored to the Kingdom's unique environmental challenges.
● Streamlining Supply Chain and Market Intelligence: AI-powered analytics platforms are optimizing agricultural supply chains through demand forecasting, logistics optimization, and blockchain-integrated traceability systems, reducing post-harvest losses by 20-25% while improving market access for farmers and supporting Saudi Arabia's goal of achieving food security and reducing import dependency under Vision 2030 objectives.
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Saudi Arabia Agritech Market Trends & Drivers:
Saudi Arabia's agritech market is experiencing transformative growth driven by the government's Vision 2030 food security initiatives, with substantial investments exceeding USD 1 billion allocated to enhance plant resources and high-tech greenhouses, targeting annual production of over 1 million tons of fresh produce. The Public Investment Fund (PIF) through subsidiaries like the Saudi Agricultural and Livestock Investment Company (SALIC) and Halal Products Development Company (HPDC) is pioneering sustainable agriculture solutions, with innovative ventures like Green Dunes vertical farming using 95% less water than traditional agriculture and Pure Harvest deploying high-tech hydroponic systems across the Kingdom.
The surge in water-efficient agritech innovations is reshaping the agricultural landscape, with the Qatrah program targeting a 50% reduction in daily per capita water consumption by 2030, driving rapid adoption of advanced drip irrigation, hydroponics, and aeroponics systems particularly in Al-Qassim and Riyadh regions where agriculture accounts for nearly 80% of total water consumption. Technologies combining IoT sensors, automation, and real-time monitoring are enabling precise control over water and nutrient supply, minimizing wastage while maximizing sustainability and crop productivity in the Kingdom's semi-arid climate.
The expansion of controlled-environment agriculture is revolutionizing food production capabilities, with climate-controlled greenhouses, vertical farming facilities, and indoor agriculture systems gaining momentum in urban locations like Jeddah and Dammam where traditional open-field farming is less viable. These CEA systems deliver uniform growing conditions irrespective of extreme weather, allowing greater yields per unit land area while facilitating year-round production of crops previously impossible to cultivate locally. Government-supported innovation programs under Vision 2030 are accelerating technology adoption through research grants, agritech accelerators, and partnerships between the Ministry of Environment, Water and Agriculture, academia, and private sector players. NEOM and Red Sea Project mega-developments are integrating next-generation agriculture systems, creating testbeds for cutting-edge technologies while promoting localization of technology development in major innovation hubs across Riyadh and Dhahran, supported by favorable regulatory frameworks designed to attract foreign investment and facilitate business operations in the rapidly evolving agritech sector.
Saudi Arabia Agritech Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
● Biotechnology and Biochemical
● Big Data and Analytics
● Sensors and Connected Devices
● Mobility
● Others
Application Insights:
● Irrigation
● Production and Maintenance
● Supply Chain
● Marketplace
Breakup by Region:
● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=34059&flag=E
Recent News and Developments in Saudi Arabia Agritech Market
● March 2025: The Saudi Ministry of Environment, Water and Agriculture launched new agritech accelerator programs in Riyadh and Dhahran, providing comprehensive support including funding, mentorship, and technology partnerships to foster innovation in sustainable agriculture and smart farming solutions aligned with Vision 2030 food security objectives.
● February 2025: Leading international agritech companies from the Netherlands and Spain established strategic partnerships with Saudi agricultural institutions to deploy advanced greenhouse technologies and vertical farming systems in urban centers, focusing on water-efficient crop production and year-round cultivation capabilities.
● January 2025: NEOM announced the expansion of its advanced agriculture testbed facilities, integrating cutting-edge hydroponics, aeroponics, and AI-powered climate control systems to develop scalable solutions for desert agriculture while creating opportunities for local and international agritech startups to pilot innovative technologies.
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.
About Us:
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.
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