Saudi Arabia Fish and Seafood Market (2020-2026) | Size, Share, Growth, Revenue, Forecast, industry, Analysis, Outlook & COVID-19 IMPACT

Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

Product Code: ETC002769 Publication Date: Jul 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Latest Development (2022) Saudi Arabia Fish and Seafood Market

Growing dependence on income from the oil sector coupled with increasing efforts by the government to develop alternative sources of income is driving Saudi Arabia Fish and Seafood Market Growth. Additionally, increasing government policies in order to enhance fish production are creating lucrative opportunities for the development of the market. The increasing development of technology backed by advancements in aquaculture is adding to the development of the market. Furthermore, the rising demand for protein-rich food backed by changing lifestyles is adding to Saudi Arabia Fish and Seafood Market Share. Favorable environmental conditions and vast consumption of seafood trigger the potential growth of the market. 

Saudi Arabia Fish and Seafood Market Synopsis

Saudi Arabia Fish and Seafood market report is a part of the Middle East Fish and Seafood Market report that thoroughly covers the market by product type, retail market, sales channel, and regions. The Saudi Arabia Fish and Seafood market outlook report provides an unbiased and detailed analysis of the ongoing Saudi Arabia Fish and Seafood market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Saudi Arabia Fish and Seafood Market is expected to register rapid growth over the coming years. The Kingdom of Saudi Arabia has a long history in aquaculture since the first shrimp farms were developed across the red seacoast during the 1980s. In recent years, strong advancements have been made in the aquaculture industry catalyzed by the red sea’s favorable environmental conditions as well as technological advancements. The growth is backed by government support and initiatives to raise domestic production.

According to 6Wresearch, Saudi Arabia Fish and Seafood Market size is anticipated to register growth during 2020-2026F. The market is projected to record positive growth during 2021-2026 going forward as seafood is consumed by the majority of the population in Saudi Arabia. High consumption of seafood in the country is attributed to various factors such as rising per capita income, changing lifestyles, and increasing demand for high-quality protein-rich food. Additionally, the favorable environmental conditions in the country coupled with the adoption of healthy eating is accelerating the demand for fish and seafood in Saudi Arabia. The government of the country has also introduced the plan “vision 2030” aiming at building safe and strategic food. 

The surging population coupled with a growing focus on local consumption is enhancing the Saudi Arabia Fish and Seafood Market. Growing advancement in technology coupled with increasing urbanization is adding to the development of the market. Increasing demand for fisheries in the country diversification of the economy into different sectors. 

Market Analysis by Sales Channel

By sales channel, the retail segment is dominating the market due to the increasing preference of people for shopping food products from stores rather than online portals. In addition, fresh seafood available in supermarkets and hypermarkets is expected to supplement the growth of the retail segment in the near future.

Covid 19 impact on Saudi Arabia Fish and Seafood Market

The outburst of the coronavirus pandemic has declined the development of the market owing to nationwide restrictions imposed by the government of the country. Partial or complete lockdown led to disruption in the supply chain. Moreover, only essential movement of goods and people was allowed. The demand for frozen fish and seafood experienced a surge owing to increasing penetration towards health and hygiene. The market is expected to re-gain its growth during the upcoming years owing to the removal of all the restrictions. 

Key players in the Market

Some of the key players in Saudi Arabia Fish and Seafood Market are:

  • Sea Land Seafood Trading Co.
  • Arab Fisheries Co
  • Al Faisal Fisheries Co
  • National Aquaculture Group
  • Rubban Fisheries Trading Company

 Key Highlights of the Report:

  • Saudi Arabia Fish and Seafood Market Overview
  • Saudi Arabia Fish and Seafood Market Outlook
  • Saudi Arabia Fish and Seafood Market Forecast
  • Historical Data of Saudi Arabia Fish and Seafood Market Revenues for the Period 2016-2019
  • Saudi Arabia Fish and Seafood Market Size and Saudi Arabia Fish and Seafood Market Forecast of Revenues, Until 2026
  • Historical Data of Saudi Arabia Fish and Seafood Market Revenues, By Product Type, for the Period 2016-2019
  • Market Size & Forecast of Saudi Arabia Fish and Seafood Market Revenues, By Product Type, Until 2026
  • Historical Data of Saudi Arabia Fish and Seafood Market Revenues, By Retail Market, for the Period 2016-2019
  • Market Size & Forecast of Saudi Arabia Fish and Seafood Market Revenues, By Retail Market, Until 2026
  • Historical Data of Saudi Arabia Fish and Seafood Market Revenues, By Sales Channels, for the Period 2016-2019
  • Market Size & Forecast of Saudi Arabia Fish and Seafood Market Revenues, By Sales Channels, Until 2026
  • Historical Data of Saudi Arabia Fish and Seafood Market Revenues, By Regions, for the Period 2016-2019
  • Market Size & Forecast of Saudi Arabia Fish and Seafood Market Revenues, By Region, Until 2026
  • Market Drivers and Restraints
  • Saudi Arabia Fish and Seafood Market Trends
  • Saudi Arabia Fish and Seafood Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Saudi Arabia Fish and Seafood Market Share, By Players
  • Saudi Arabia Fish and Seafood Market Share, By Regions
  • Saudi Arabia Fish and Seafood Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Saudi Arabia Fish and Seafood Market report provides a detailed analysis of the following market segments:

By Product Types:

  • Fish
  • Crustaceans
  • Mollusks
  • Others

By Retail Market:

  • Ambient
  • Frozen
  • Chilled

By Sales Channel:

  • Retail
  • Foodservice
  • Institutional

Frequently Asked Questions About the Market Study: FAQs

1). Who are the key players in Saudi Arabia Fish and Seafood Market?

Some of the key players in Saudi Arabia Fish and Seafood Market are Sea Land Seafood Trading Co., Arab Fisheries Co, Al Faisal Fisheries Co, National Aquaculture Group, and Rubban Fisheries Trading Company

2). Which segment based on sales channel is expected to dominate the Saudi Arabia Fish and Seafood Market Growth? 

By sales channel, the retail segment is dominating the market.

3). What is the reason behind the growth of the retail segment in the overall Saudi Arabia Fish and Seafood Market Growth?

The retail segment is dominating the market due to the increasing preference of people for shopping for food products from stores rather than online portals.

4). What is the impact of COVID-19 on Saudi Arabia Fish and Seafood Market Growth?

The outburst of the coronavirus pandemic has declined the development of the market owing to nationwide restrictions imposed by the government of the country.

1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Saudi Arabia Seafood Market Overview
3.1 Saudi Arabia Seafood Market Revenues, 2016-2026F
3.2 Saudi Arabia Seafood Market Revenue Share, By Product Types, 2019 & 2026F
3.3 Saudi Arabia Seafood Market Revenue Share, By Retail Market, 2019 & 2026F
3.4 Saudi Arabia Seafood Market Revenue Share, By Sales Channel, 2019 & 2026F
3.5 Saudi Arabia Seafood Market Revenue Share, By Regions, 2019 & 2026F
3.6 Saudi Arabia Seafood Market - Industry Life Cycle
3.7 Saudi Arabia Seafood Market - Porter’s Five Forces
4. Saudi Arabia Seafood Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Saudi Arabia Seafood Market Trends
6. Saudi Arabia Seafoods Market - Distribution Channel Analysis
7. Saudi Arabia Seafoods Market - Price Trend Analysis
8. Saudi Arabia Seafood Market Overview, by Product Types
8.1 Saudi Arabia Crustaceans Seafoods Market Revenues, 2016-2026F
8.2 Saudi Arabia Mollusks Seafoods Market Revenues, 2016-2026F
8.3 Saudi Arabia Fish Seafoods Market Revenues, 2016-2026F
8.4 Saudi Arabia Others Seafoods Market Revenues, 2016-2026F
9. Saudi Arabia Seafood Market Overview, by Retail Market
9.1 Saudi Arabia Seafood Market Revenues, By Ambient, 2016-2026F
9.2 Saudi Arabia Seafood Market Revenues, By Chilled, 2016-2026F
9.3 Saudi Arabia Seafood Market Revenues, By Frozen, 2016-2026F
10. Saudi Arabia Seafood Market Overview, by Sales Channel
10.1 Saudi Arabia Seafood Market Revenues, By Retail, 2016-2026F
10.2 Saudi Arabia Seafood Market Revenues, By Institution, 2016-2026F
10.3 Saudi Arabia Seafood Market Revenues, By Foodservice, 2016-2026F
11. Saudi Arabia Seafoods Market Overview, By Regions
12. Saudi Arabia Seafoods Market - Government Initiatives / Regulations
13. Saudi Arabia Seafoods Market - Key Performance Indicators
14. Saudi Arabia Seafoods Market Opportunity Assessment
14.1 Saudi Arabia Seafoods Market Opportunity Assessment, By Product Types (2026F)
14.2 Saudi Arabia Seafood Market Opportunity Assessment, By Retail Market (2026F)
14.3 Saudi Arabia Seafood Market Opportunity Assessment, By Sales Channel (2026F)
15. Saudi Arabia Seafoods Market Competitive Landscape
15.1 Saudi Arabia Seafoods Market, By Players’ Revenue Share (2019)
15.2 Saudi Arabia Seafoods Market, By Players’ Competitive Benchmarking, By Operating Parameters
16. Company Profiles
17. Key Strategic Pointers
18. Disclaimer

UAE Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

South Africa Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

Qatar Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

Nigeria Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

Latin America Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), By Countries (Mexico, Brazil, Argentina and Rest of Latin America) and competitive landscape

Kuwait Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

Kenya Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

India Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

Europe Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), By Counties (Germany, Italy, France, United Kingdom & Rest of Europe) and competitive landscape

Asia Pacific (APAC) Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), By Countries (China, Japan, Australia, India, Indonesia, Rest of Asia Pacific) and competitive landscape

Algeria Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), and competitive landscape

Africa Fish and Seafood Market (2020-2026): Market Forecast By Product Types (Fish, Crustaceans, Mollusks, Others), By Retail Market (Ambient, Frozen, Chilled), By Sales Channel (Retail, Foodservice, Institutional), By Countries (South Africa, Nigeria, Kenya & Rest of Africa) and competitive landscape

 
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