Saudi Arabia Fruits and Vegetables Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 8.12 Billion |
| Market Size (2029) | USD 10.26 Billion |
| CAGR (2024 - 2029) | 4.80 % |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Saudi Arabia Fruits and Vegetables Market Analysis
The Saudi Arabia Fruits And Vegetables Market size is estimated at USD 8.12 billion in 2024, and is expected to reach USD 10.26 billion by 2029, growing at a CAGR of 4.80% during the forecast period (2024-2029).
- For the past few years, Saudi Arabia has been one of the largest markets for agriculture in the GCC region. Food security initiatives by the government, the shift toward greenhouse production, and consumer inclination toward a healthy diet are the major factors driving market growth.
- People are shifting to healthier diet plans with increasing urbanization, higher disposable incomes, and increased awareness about healthy diets. This has boosted the demand for organic food in recent years. Furthermore, the population in urban cities is gradually becoming more aware of the origin and type of food consumed. The fruits and vegetables grown locally are more prevalent in the country. Although priced higher than imported ones, the demand is still significant.
- Dates and watermelons are the most widely produced fruits, while potatoes and tomatoes are the most commonly produced vegetables in Saudi Arabia. The demand for these crops is anticipated to grow, supported by the country's prosperous oil-based economy, increased disposable income of Saudi households, and rapidly expanding retail trade, stimulating consumption.
- The increasing presence of superstores and hypermarkets has increased access to high-quality fruits and vegetables for the Saudi population. As many of these retailers adopt strategies, including optimal pricing strategies, to capture the market, the demand among consumers is increasing.
Saudi Arabia Fruits and Vegetables Market Trends
Incorporation Of Technology in Farming Practices
- Saudi Arabia is focusing on transforming traditional farming practices into modern and innovative farming practices. In the Saudi Kingdom, technological integrations across agriculture are revolutionizing fruit and vegetable production. For instance, tomato production in the country increased by more than 10% in 2022 compared to 2020, associated with greenhouse and vertical farm development.
- Using high-end technology and improved methodologies, farmers can increase the quantity and quality of food required with limited resources available. Scientists are also adopting engineered crops that require less water, are sturdier, and are more resilient to pest infections. This would improve the production of vegetables and fruits in adverse climatic conditions of the country.
- Using drone technology in multiple applications can change the performance of traditional installations like protected houses. By creating 3D maps for early soil analysis, drones can play a role in seed planting planning and data collection to manage plant irrigation and nitrogen levels of almost uncultivable land in Saudi Arabia. Drone seeding has been shown to reduce costs by 85 percent.
Fruit Production And Consumption Is High In Saudi Arabia
- The common fruits produced in the country include grapes and watermelon. The government is making efforts to increase fruit and vegetable production in the country. For instance, in January 2023, the country announced an investment of USD 1 billion to boost agricultural production in greenhouses. This investment is expected to increase the production of fruits, including watermelon. It was planned in cooperation with the relevant authorities and private sector companies. It aims to raise the production capacity by encouraging the use of the latest technologies in the agriculture sector.
- The increasing health awareness among Saudi Arabian consumers, especially the millennial population, has been driving the demand for fresh produce, such as fruits, in the country. As fruits are highly nutritious and loaded with vitamins C and A, nutrients, minerals, and antioxidants, their demand has increased among consumers over the last few years. The country largely depends on imports to meet its fruit consumption needs.
Saudi Arabia Fruits and Vegetables Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Assumptions and Market Definition
-
1.2 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Overview
-
4.2 Market Drivers
-
4.2.1 Incorporation Of Technology in Farming Practices
-
4.2.2 Favorable Government Initiatives For Increasing Vegetable And Fruit Production
-
-
4.3 Market Restraints
-
4.3.1 High Cost of Entry in the Market
-
4.3.2 Unfavorable Climatic Conditions
-
-
-
5. MARKET SEGMENTATION (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, and Export Analysis by Value and Volume)
-
5.1 Vegetables
-
5.2 Fruits
-
-
6. PRICES AND INTERNATIONAL TRADE
-
6.1 Dates
-
6.2 Onion
-
6.3 Potato
-
6.4 Tomato
-
6.5 Garlic
-
6.6 Cauliflower
-
6.7 Beans
-
6.8 Lemon
-
6.9 Apple
-
6.10 Banana
-
6.11 Grapes
-
6.12 Grapefruit
-
6.13 Strawberry
-
6.14 Watermelon
-
-
7. REGIONAL ANALYSIS
-
7.1 PESTLE Analysis
-
7.2 Value Chain Analysis
-
7.3 Government Policies and Regulations
-
-
8. COMPETITIVE ANALYSIS
-
8.1 Distribution Network and Retail Analysis
-
8.2 Company Profiles
-
8.2.1 LULU Group International
-
8.2.2 Carrefour
-
8.2.3 Spar International
-
8.2.4 Abdullah Al-Othaim Markets
-
8.2.5 BinDawood Holding
-
8.2.6 Saudi Marketing Company
-
-
-
9. MARKET OPPURTUNITIES AND FUTURE TRENDS
Saudi Arabia Fruits and Vegetables Industry Segmentation
Fruits and vegetables are high in vitamins, minerals, and phytochemicals. The scope of the report is limited to fresh fruits and fresh vegetables.
The Saudi Arabian market for fruits and vegetables is segmented by fruits and vegetables. The report includes the production (volume), consumption (value and volume), and trade in terms of import analysis (value and volume), export analysis (value and volume), and price trend analysis. The report offers market size and forecasts in volume (metric tons) and value (USD) for the above segments.
Saudi Arabia Fruits and Vegetables Market Research FAQs
How big is the Saudi Arabia Fruits And Vegetables Market?
The Saudi Arabia Fruits And Vegetables Market size is expected to reach USD 8.12 billion in 2024 and grow at a CAGR of 4.80% to reach USD 10.26 billion by 2029.
What is the current Saudi Arabia Fruits And Vegetables Market size?
In 2024, the Saudi Arabia Fruits And Vegetables Market size is expected to reach USD 8.12 billion.
What years does this Saudi Arabia Fruits And Vegetables Market cover, and what was the market size in 2023?
In 2023, the Saudi Arabia Fruits And Vegetables Market size was estimated at USD 7.73 billion. The report covers the Saudi Arabia Fruits And Vegetables Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Fruits And Vegetables Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Fruits and Vegetables in Saudi Arabia Industry Report
Statistics for the 2024 Fruits and Vegetables in Saudi Arabia market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fruits and Vegetables in Saudi Arabia analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
