Saudi Arabia Fish and Seafood Market (2025-2031) Outlook | Forecast, Industry, Growth, Companies, Analysis, Trends, Size, Share, Revenue & Value

Market Forecast By Product Types (Fresh Fish and Seafood, Canned Fish and Seafood, Frozen Fish and Seafood, Other Fish and Seafood) And Competitive Landscape
Product Code: ETC386259 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Saudi Arabia Fish and Seafood Market Synopsis

The fish and seafood market in Saudi Arabia holds significant importance due to the country`s strong cultural and dietary preferences for these products. Fish and seafood have been staple components of the Saudi Arabia diet for centuries, and their consumption remains an integral part of the local culinary tradition. The nation`s extensive coastline along the Red Sea and the Arabian Gulf provides access to diverse marine resources, contributing to the availability and variety of fish and seafood.

Drivers of the Market

In the Saudi Arabia fish and seafood market, the rising awareness of the health benefits of fish consumption and the growing demand for protein-rich foods drive market growth. Fish and seafood are sources of lean protein and essential nutrients, making them a preferred choice for health-conscious consumers. The government`s focus on increasing local seafood production aligns with the goal of achieving food security and reducing import dependency.

Challenges of the Market

The Saudi Arabia Fish and Seafood Market faces challenges related to sustainability and overfishing concerns. Ensuring responsible fishing practices and managing fish populations are critical to maintaining the ecosystem`s balance. Additionally, the market needs to address the logistical challenges of timely seafood distribution across the country due to its vast geography.

COVID-19 Impact on the Market

The fish and seafood market in Saudi Arabia experienced significant disruptions during the COVID-19 pandemic. The closure of international borders and disruptions in supply chains impacted the availability of imported seafood products. Additionally, the closure of restaurants and reduced consumer spending affected the demand for fish and seafood products. However, as the situation improved and supply chains adapted, the market began to recover. The revival of the foodservice industry and increased demand for nutritious protein sources contributed to the market`s eventual rebound.

Key Players in the Market

The key players in the Saudi Arabia fish and seafood market are King Abdullah Economic City, Bahri Fisheries Company, Gulf Specialized Fish Processing Company (GSFPC), Bader Al-Bahar, Arabian Sea Food Co. Ltd., Abu al Khair Group of Companies, International Aquaculture Development LLC (IAD), National Fishing & Processing Co. Ltd., Mohammed Fakih Fisheries Est., and Red Sea Marine Products.

Key Highlights of the Report:

  • Saudi Arabia Fish and Seafood Market Outlook
  • Market Size of Saudi Arabia Fish and Seafood Market, 2024
  • Forecast of Saudi Arabia Fish and Seafood Market, 2031
  • Historical Data and Forecast of Saudi Arabia Fish and Seafood Revenues & Volume for the Period 2021-2031
  • Saudi Arabia Fish and Seafood Market Trend Evolution
  • Saudi Arabia Fish and Seafood Market Drivers and Challenges
  • Saudi Arabia Fish and Seafood Price Trends
  • Saudi Arabia Fish and Seafood Porter's Five Forces
  • Saudi Arabia Fish and Seafood Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Fish and Seafood Market Revenues & Volume By Product Types for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Fish and Seafood Market Revenues & Volume By Fresh Fish and Seafood for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Fish and Seafood Market Revenues & Volume By Canned Fish and Seafood for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Fish and Seafood Market Revenues & Volume By Frozen Fish and Seafood for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Fish and Seafood Market Revenues & Volume By Other Fish and Seafood for the Period 2021-2031
  • Saudi Arabia Fish and Seafood Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Saudi Arabia Fish and Seafood Top Companies Market Share
  • Saudi Arabia Fish and Seafood Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Fish and Seafood Company Profiles
  • Saudi Arabia Fish and Seafood Key Strategic Recommendations

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