Saudi Arabia Fruits And Vegetables Market Size

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.