Saudi Arabia Seafood Market Size and Share

Saudi Arabia Seafood Market (2025 - 2030)
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Saudi Arabia Seafood Market Analysis by Mordor Intelligence

The Saudi Arabia Seafood Market size is estimated at USD 1 billion in 2025, and is expected to reach USD 1.15 billion by 2030, at a CAGR of 2.78% during the forecast period (2025-2030). This growth is driven by factors such as increasing health and nutrition awareness, government initiatives under Vision 2030, and rising investments in domestic aquaculture capacity. The market benefits from a diverse and multicultural consumer base, along with a growing middle class that prefers premium fish and shrimp products in their diets. Government support, including infrastructure development, food safety measures, and sustainability-focused programs like the National Aquaculture Development Plan, has facilitated advancements in aquaculture technology, improved biosecurity compliance, and encouraged environmentally sustainable production practices. Enhanced cold chain infrastructure and processing capabilities ensure year-round availability of both locally farmed and wild-caught seafood, offering consumers a wider range of choices with improved freshness and traceabilility. 

Key Report Takeaways

  • By seafood type, fish dominated with 79.92% of the Saudi Arabia sea food market share in 2024, Shrimp is forecast to grow at a 4.11% CAGR between 2025 and 2030, the fastest among all seafood types.
  • By form, fresh and chilled seafood held 52.84% of the Saudi Arabia sea food market size in 2024, whereas frozen seafood is advancing at a 3.79% CAGR through 2030.
  • By source, wild-caught products accounted for 54.73% of total value in 2024; farmed seafood is expanding at a 3.66% CAGR over the forecast period.
  • By distribution channel, on-trade venues captured 64.46% revenue share in 2024, while off-trade channels are projected to grow at a 3.27% CAGR to 2030.

Segment Analysis

By Seafood Type: Salmon Imports Anchor Fish Dominance While Shrimp Farming Accelerates

The fish segment dominated Saudi Arabia's seafood market in 2024, accounting for a 79.92% market share. This dominance is largely attributed to the country's cultural and culinary preference for finfish. Fish, particularly varieties such as salmon and whitefish, are integral to the traditional diet and are valued as high-quality protein sources. These fish types are considered premium products, securing their presence in both mid-tier and high-end foodservice establishments, thereby solidifying fish as the leading seafood choice. The segment's diversity, ranging from nutrient-rich salmon to versatile whitefish, caters to varying regional tastes and preparation methods, broadening its appeal across different consumer groups.

The shrimp segment in Saudi Arabia's seafood market is projected to grow at a CAGR of 4.11% from 2025 to 2030, driven by multiple factors contributing to its increasing popularity. Shrimp's perceived premium quality and versatility in culinary applications, spanning traditional Saudi dishes and international cuisines gaining traction in urban areas, are key drivers of this growth. Additionally, heightened awareness of shrimp's nutritional benefits, including its status as a lean protein source rich in essential nutrients like omega-3 fatty acids, has boosted demand among health-conscious consumers.

Saudi Arabia Seafood Market: Market Share by Seafood Type
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By Form: Cold-Chain Expansion Propels Frozen Seafood Gains

Fresh and chilled seafood accounted for a significant 52.84% market share in Saudi Arabia’s seafood market in 2024, reflecting a strong consumer preference for high-quality, minimally processed seafood products. This preference is driven by the perception that fresh and chilled seafood provides superior taste, texture, and nutritional benefits compared to frozen or processed alternatives. Additionally, the cultural emphasis on freshly prepared food and traditional cooking methods in Saudi Arabia further supports the demand for fresh seafood, which integrates seamlessly into home-cooked meals and premium dining experiences. The expansion of cold chain infrastructure and advancements in logistics have also enhanced the preservation of freshness during transportation and retail handling, increasing the availability of fresh and chilled seafood in urban areas.

Frozen seafood is the fastest-growing category in Saudi Arabia's seafood market, with a projected CAGR of 3.79% for 2025-2030. This growth is attributed to advancements in freezing technology, which maintain the nutritional value, texture, and taste of seafood, making frozen products nearly comparable to fresh options in quality. The convenience and extended shelf life of frozen seafood cater to the busy lifestyles of urban consumers, who increasingly prefer easy-to-prepare meal options. Furthermore, frozen seafood enables product innovation, including portion-controlled and ready-to-cook varieties, appealing to modern consumers seeking time-saving solutions without compromising on quality.

By Source: Domestic Aquaculture Narrows Wild-Caught Lead

Wild-caught seafood accounted for a significant 54.73% market share in Saudi Arabia’s seafood market in 2024, highlighting the country's strong reliance on natural marine resources and traditional fishing practices. This segment benefits from consumer perceptions of wild-caught seafood as more natural, fresher, and often superior in taste compared to farmed alternatives. These attributes sustain strong demand across both households and the foodservice sector. The rich coastal waters of the Red Sea and Arabian Gulf provide access to a diverse range of wild seafood species, supporting local fisheries that contribute to income generation and food security. Additionally, wild-caught seafood is often associated with higher nutritional value and is preferred in cultural cuisines that emphasize authenticity and traditional preparation methods.

Farmed seafood in Saudi Arabia is experiencing steady growth, with a projected CAGR of 3.66% from 2025 to 2030. This growth is primarily driven by significant investments and advancements in aquaculture technologies. The expansion aligns with national priorities to enhance food security, reduce reliance on wild-caught seafood, and promote sustainable and environmentally responsible practices. Innovations such as improved water recirculation systems, biosecurity measures, and sustainable feed formulations have enhanced production efficiency while minimizing environmental impact, making aquaculture a more viable and attractive option. For example, Aquantic Fish Farm in Saudi Arabia integrates tilapia fish farming with crop cultivation. This aquaculture-agriculture model optimizes land and water use efficiency while supporting sustainable nutrient recycling between fish production and crop growth.

Saudi Arabia Seafood Market: Market Share by Source
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By Distribution Channel: On-Trade Dominance, E-Commerce Accelerates Off-Trade

The On-Trade distribution channel accounted for a significant 64.46% market share in Saudi Arabia's seafood market in 2024, underscoring the importance of foodservice establishments such as hotels, restaurants, and catering services in driving seafood consumption. This dominance is closely tied to the growth of Saudi Arabia's hospitality sector, which has expanded due to increasing tourism, business travel, and a growing domestic middle class seeking diverse and high-quality dining experiences. For instance, the Ministry of Tourism reported record international visitor spending of SAR 49.4 billion in the first quarter of 2025. This rise in visitor expenditure directly fuels demand for premium seafood offerings within the foodservice industry, reinforcing the On-Trade channel as the leading distribution avenue for seafood in the country.

Off-Trade channels in Saudi Arabia's seafood market are projected to grow at a CAGR of 3.27% from 2025 to 2030. This growth is driven by increasing consumer demand for convenient and accessible seafood purchasing options outside traditional foodservice venues. The expansion of supermarkets, hypermarkets, and online retail stores plays a key role in boosting Off-Trade sales by providing a wide range of seafood products, including fresh, frozen, canned, and processed options. Improved cold chain logistics and advancements in refrigeration technology ensure better product quality and availability across these retail formats. Additionally, shifting consumer lifestyles and growing health awareness are encouraging more individuals to purchase nutritious seafood for home consumption, further supporting the growth of Off-Trade channels.

Geography Analysis

Seafood consumption in Saudi Arabia is predominantly concentrated in major urban centers such as Riyadh, Jeddah, and Dammam. These cities benefit from modern retail infrastructure, diverse expatriate populations, and thriving tourism activities, which collectively sustain demand for a wide variety of seafood species and formats. Advanced logistics, efficient cold chain systems, and the presence of upscale hotels, restaurants, and supermarkets facilitate consumer access to premium and specialty seafood products. Urbanization, increased health awareness, and exposure to global cuisines have expanded consumer preferences in these metropolitan areas, driving growth in both retail and foodservice sectors and accounting for a significant portion of the country's seafood consumption.

Coastal regions such as Tabuk, Jazan, and the Eastern Province are emerging as critical aquaculture hubs, leveraging their proximity to the Red Sea and Arabian Gulf for domestic fish and shrimp production. These areas host extensive fisheries, aquaculture farms, and seafood processing facilities, contributing to both local consumption and the national seafood supply. Government initiatives in these regions have played a key role in attracting investment, modernizing production methods, and promoting sustainable aquaculture practices. 

Seasonal factors, such as the influx of pilgrims during Hajj, significantly increase seafood demand and distribution in Makkah and surrounding areas. According to the General Authority for Statistics, the number of Hajj pilgrims in 2025 reached 1.67 million, placing additional pressure on food systems, including seafood supply chains, to meet diverse dietary needs and large-scale catering requirements [3]Source: General Authority for Statistics, "Total number of pilgrims performing Hajj 1446H (2025)", stats.gov.sa. This seasonal surge necessitates enhanced capacity, logistics, and inventory management to ensure the availability and quality of seafood during peak periods.

Competitive Landscape

Saudi Arabia's seafood market demonstrates moderate concentration, with several prominent domestic and regional players holding a significant share. National Aquaculture Group (NAQUA) leads the market through vertical integration, encompassing hatcheries, grow-out farms, feed production, and processing capabilities. This integration ensures operational efficiency and high-quality products. Other key players include Saudi Fisheries Company, Tabuk Fisheries Co., Arab Fisheries Co., and Almunajem Foods.

In the Saudi seafood industry, competitive strategies focus on vertical integration, enabling major firms to control the entire value chain, from production to processing and distribution. This approach enhances supply chain efficiency, ensures compliance with biosecurity standards, and maintains consistent product quality. Leading companies invest significantly in cold chain infrastructure and technology to meet stringent food safety standards and expand operations across urban centers and coastal production areas. Additionally, these companies obtain certifications such as HACCP (Hazard Analysis and Critical Control Points), Halal, and ISO 22000 to build consumer trust and comply with local and international regulations.

The competitive landscape is further influenced by government-backed incentives, robust research and development activities, and sustainability-focused collaborations. Major companies prioritize adherence to traceability, environmental, and health standards, utilizing advanced aquaculture systems and sustainable feed solutions to maintain a competitive edge. The moderate market concentration fosters innovation while allowing emerging regional and niche players to compete through specialty products and targeted distribution strategies.

Saudi Arabia Seafood Industry Leaders

  1. National Aquaculture Group (NAQUA)

  2. Saudi Fisheries Company

  3. Tabuk Fisheries Co.

  4. Arab Fisheries Co.

  5. Almunajem Foods

  6. *Disclaimer: Major Players sorted in no particular order
Saudi Arabia Seafood Market
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Recent Industry Developments

  • January 2025: Saudi Arabia has inaugurated the Middle East's largest salmon production facility in Hail, with an annual production target of 100,000 tons of salmon. The facility is a joint initiative between the Ministry of Environment, Water, and Agriculture and King Abdulaziz University.
  • December 2024: Almarai has announced expansion plans valued at USD 4.8 billion to enhance its operations. These plans include the development of new facilities for domestic seafood production as well as beef and lamb processing.
  • November 2024: Saudi Fisheries Company (SFC) has established a new aquaculture company, aiming to support the government's initiative to significantly boost fish-farming production.
  • April 2024: Almunajem Foods Co.'s board has approved the establishment of a new food plant valued at SAR 157 million, with an annual production capacity of 35,000 tons, including poultry, red meat, seafood, and dairy products.

Table of Contents for Saudi Arabia Seafood Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Initiatives and Vision 2030
    • 4.2.2 Health and Nutrition Awareness
    • 4.2.3 Expatriate and Diverse Consumer Base
    • 4.2.4 Preference for Sustainable and Ethically Sourced Seafood
    • 4.2.5 Dietary Shifts Toward Protein Diversification
    • 4.2.6 Technological Advancements in Aquaculture
  • 4.3 Market Restraints
    • 4.3.1 Regulatory Penalty for Mislabeling Banned Species
    • 4.3.2 Competition from alternative proteins
    • 4.3.3 Disease Outbreaks in Aquaculture
    • 4.3.4 Dependence on Imported Feed Ingredients
  • 4.4 Regulatory Outlook
  • 4.5 Supply Chain Analysis
  • 4.6 Porter's Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE AND VOLUME)

  • 5.1 By Seafood Type
    • 5.1.1 Fish
    • 5.1.1.1 Salmon
    • 5.1.1.2 Haddock
    • 5.1.1.3 Other Fish Type
    • 5.1.2 Shrimp
    • 5.1.3 Other Seafood Types
  • 5.2 By Form
    • 5.2.1 Canned
    • 5.2.2 Fresh / Chilled
    • 5.2.3 Frozen
    • 5.2.4 Processed
  • 5.3 By Source
    • 5.3.1 Farmed
    • 5.3.2 Wild-Caught
  • 5.4 By Distribution Channel
    • 5.4.1 On-Trade
    • 5.4.1.1 Hotels
    • 5.4.1.2 Restaurants
    • 5.4.1.3 Catering
    • 5.4.2 Off-Trade
    • 5.4.2.1 Supermarkets / Hypermarkets
    • 5.4.2.2 Online Retail Stores
    • 5.4.2.3 Convenience Stores
    • 5.4.2.4 Other Off-Trade Channels

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials (if available), Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 National Aquaculture Group (NAQUA)
    • 6.4.2 Saudi Fisheries Company
    • 6.4.3 National Prawn Company (Robian)
    • 6.4.4 Tabuk Fisheries Co.
    • 6.4.5 Arab Fisheries Co.
    • 6.4.6 Almunajem Foods
    • 6.4.7 IZAFCO Fish Packing Company
    • 6.4.8 Shell Fisheries Company W.L.L.
    • 6.4.9 The Savola Group
    • 6.4.10 Al-Harbi Sea Food
    • 6.4.11 Sayadeen Fisheries
    • 6.4.12 Tamimi Fisheries Co.
    • 6.4.13 Royal Future Seafood
    • 6.4.14 Fahd Group (Fish Import & Export)
    • 6.4.15 Caviar Court
    • 6.4.16 Jazan Energy & Development Co. (Jazadco)
    • 6.4.17 Aqua Bridge Farms
    • 6.4.18 ARASCO Aquaculture
    • 6.4.19 NEOM-Cargill Aquaculture JV
    • 6.4.20 Al-Rashed Food Group (Seafood Division)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Saudi Arabia Seafood Market Report Scope

Fish, Shrimp are covered as segments by Type. Canned, Fresh / Chilled, Frozen, Processed are covered as segments by Form. Off-Trade, On-Trade are covered as segments by Distribution Channel.
By Seafood Type
Fish Salmon
Haddock
Other Fish Type
Shrimp
Other Seafood Types
By Form
Canned
Fresh / Chilled
Frozen
Processed
By Source
Farmed
Wild-Caught
By Distribution Channel
On-Trade Hotels
Restaurants
Catering
Off-Trade Supermarkets / Hypermarkets
Online Retail Stores
Convenience Stores
Other Off-Trade Channels
By Seafood Type Fish Salmon
Haddock
Other Fish Type
Shrimp
Other Seafood Types
By Form Canned
Fresh / Chilled
Frozen
Processed
By Source Farmed
Wild-Caught
By Distribution Channel On-Trade Hotels
Restaurants
Catering
Off-Trade Supermarkets / Hypermarkets
Online Retail Stores
Convenience Stores
Other Off-Trade Channels
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Market Definition

  • Frozen / Canned Seafood - Frozen seafood are products whose average temperature is reduced to -18 ° C or lower to preserve the inherent quality of the fresh fish. Then it is kept at a temperature of -18 ° C or lower to maintain its shelf life.​
  • Processed Seafood - Processed seafood are the ones that have been cured, salted, marinated, dried, pickled, fermented or smoked for human consumption. ​
  • Seafood - It contains marine species that can be consumed, particularly fish and shelled marine life.​
  • Shrimp - Shrimp are swimming crustaceans. They have long, slender muscles in their abdomens and lengthy antennae.​
Keyword Definition
A5 It is a Japanese grading system for beef. The 'A' means the carcass yield is the highest possible and the numeric rating relates to beef marbling, color and brightness of the flesh, its texture and color, luster, and fat quality. A5 is the highest mark wagyu beef can score.
Abbatoir It is another name for a slaughterhouse and refers to the premise used for or in connection with the slaughter of animals whose meat is intended for human consumption.
Acute Hepatopancreatic Necrosis Disease (AHPND) It is a disease that affects shrimp and is characterized by high mortalities, in many cases reaching 100% within 30-35 days of stocking grow-out ponds.
African Swine Fever (ASF) It is a highly contagious viral disease of pigs caused by a double-stranded DNA virus in the Asfarviridae family.
Albacore Tuna It is one of the smallest species of tuna found in the six distinct stocks known globally in the Atlantic, Pacific, and Indian oceans, as well as the Mediterranean Sea.
Angus beef It is beef derived from a specific breed of cattle indigenous to Scotland. It requires certification from the American Angus Association to receive the "Certified Angus Beef" quality mark
Bacon It is salted or smoked meat that comes from the back or sides of a pig
Black Angus It is beef derived from a black-hided breed of cows that don't have horns.
Bologna It is an Italian smoked sausage made of meat, typically large and made from pork, beef or veal.
Bovine spongiform encephalopathy (BSE) It is a progressive neurological disorder of cattle that results from infection by an unusual transmissible agent called a prion.
Bratwurst It refers to a type of German sausage made from pork, beef or veal.
BRC British Retail Consortium
Brisket It is a cut of meat from the breast or lower chest of beef or veal. The beef brisket is one of the nine beef primal cuts.
Broiler It refers to any chicken (Gallus domesticus) that is bred and raised specifically for meat production.
Bushel It is a unit of measurement for grains and pulses. 1 bushel = 27.216 kg
Carcass It refers to the dressed body of a meat animal from which butchers trim the meat
CFIA Canadian Food Inspection Agency
Chicken Tender It refers to chicken meat prepared from the pectoralis minor muscles of a chicken bird.
Chuck Steak It refers to a cut of beef that is part of the chuck primal, which is a large section of meat from the shoulder area of a cow
Corned Beef It refers to beef brisket cured in brine and boiled, typically served cold.
CWT Also known as a hundredweight, it is a unit of measurement used to define the quantity of meat. 1 CWT = 50.80 kg
Drumstick It refers to a chicken leg without the thigh.
EFSA European Food Safety Authority
ERS Economic Research Service of the USDA
Ewe It is an adult female sheep.
FDA Food and Drug Administration
Fillet Mignon It is a cut of meat taken from the smaller end of the tenderloin.
Flank Steak It is a cut of beef steak taken from the flank, which lies forward of the rear quarter of a cow.
Foodservice It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats.
Forage It refers to animal feed.
Foreshank It is the upper part of the foreleg of cattle
Franks Also known as frankfurter or Würstchen, it is a type of highly seasoned smoked sausage popular in Austria and Germany.
FSANZ Food Standards Australia New Zealand
FSIS Food Safety and Inspection Service
FSSAI Food Safety and Standards Authority of India
Gizzard It refers to an organ found in the digestive tract of birds. It is also called the mechanical stomach of a bird.
Gluten It is a family of proteins found in grains, including wheat, rye, spelt, and barley
Grain-fed beef It is beef derived from cattle that have been fed a diet supplemented with soy and corn and other additives. Grainfed cows can also be given antibiotics and growth hormones to fatten them up more quickly.
Grass-fed beef It is beef derived from cattle that have only been fed grass as feed.
Ham It refers to the pork meat taken from the leg of a pig.
HoReCa Hotels, Restaurants and Cafes
Jerky It is lean trimmed meat that has been cut into strips and dried (dehydrated) to prevent spoilage.
Kobe Beef It is Wagyu beef specifically from the Kuroge Washu breed of cows in Japan. To be classified as Kobe beef, the cow must have been born, raised, and slaughtered within the Hyōgo prefecture in the city of Kobe in Japan.
Liverwurst It is type of German sausage made from beef or pork liver.
Loin It refers to the sides between the lower ribs and pelvis, and the lower part of the back of a cow.
Mortadella It is a large Italian sausage or luncheon meat made of finely hashed or ground heat-cured pork, which incorporates at least 15% small cubes of pork fat.
Pastrami It refers to a highly seasoned smoked beef, typically served in thin slices.
Pepperoni It is an American variety of spicy salami made from cured meat.
Plate It refers to a forequarter cut from the belly of a cow, just below the rib cut.
Porcine reproductive and respiratory syndrome (PRRS) It is a disease occurring in swine causing late-term reproductive failure and severe pneumonia in neonatal pigs.
Primal cuts It refers to the major sections of the carcass.
Quorn It is a meat substitute product prepared using mycoprotein as an ingredient, in which the fungus culture is dried and mixed with egg albumen or potato protein, which acts as a binder, and then is adjusted in texture and pressed into various forms.
Ready-to-Cook (RTC) It refers to food products that include all of the ingredients, where some preparation or cooking is required through a process that is given on the package.
Ready-to-Eat (RTE) It refers to a food product prepared or cooked in advance, with no further cooking or preparation required before being eaten
Retort Packaging It is a process of aseptic packaging food in which food is filled into a pouch or metal can, sealed, and then heated to extremely high temperatures, rendering the product commercially sterile.
Round Steak It refers to a beef steak from the the rear leg of the cow.
Rump Steak It refers to a cut of beef derived from the division between the leg and the chine.
Salami It is a cured sausage consisting of fermented and air-dried meat.
Saturated fat It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy.
Sausage It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing.
Scallop It is an edible shellfish that is a mollusk with a ribbed shell in two parts.
Seitan It is a plant-based meat substitute made out of wheat gluten.
Self-service kios It refers to a self-order point-of-sale (POS) system through which customers place and pay for their own orders at kiosks, enabling totally contactless and frictionless service.
Sirloin It is a cut of beef from the bottom and side parts of a cow's back.
Surimi It is a paste made from deboned fish
Tenderloin It refers to a cut of beef consisting of the entire tenderloin muscle of a cow
Tiger Shrimp It refers to a large shrimp variety from the Indian and Pacific oceans
Trans fat Also called trans-unsaturated fatty acids or trans fatty acids, it is a type of unsaturated fat that naturally occurs in small amounts in meat.
Vannamei shrimp It refers to tropical prawns and shrimp that are farmed in areas near the equator, generally along the coast in artificial ponds.
Wagyu Bee It is beef derived from any of four strains of a breed of black or red Japanese cattle that are valued for their highly marbled meat.
Zoosanitary It refers to the cleanliness of animals or animal product
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
research-methodology
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