Product Code: ETC042619 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia fish processing market is predicted to witness a CAGR of 5.8% during the forecast period (2025-2031). The growth can be attributed to increasing demand for seafood products, especially among younger population and growing awareness regarding health benefits associated with seafood consumption. Additionally, technological advancements in fisheries operations are expected to further contribute towards market growth over the coming years.
Growing consumer preference for healthy food has resulted in increased demand for seafood in Saudi Arabia. This has led to an increase in local production as well as imports from other countries, thereby driving the market growth. Technological Advancements ?? Technological advancements have allowed fishermen and farmers greater access to quality fishing equipment such as netting systems which are more efficient resulting into higher yields of fish catch per unit area or time compared with traditional methods like trawling . Similarly technological advancement such as advanced fishing vessels equipped with GPS have enabled fishers to target their catches accurately leading reduced wastage and improved efficiency. Such advances have enabled fishermen and processors alike maximize yields while minimizing costs contributing towards overall market growth over the coming years.
Stringent Regulations Regarding Fishing Practices?? In order To protect natural resources from being overexploited governments around world including Saudi Arabia government imposed stringent regulations on all aspects related fisheries industry ranging from licensing requirements fishing practices use of certain equipments etc this coupled rising cost inputs raw materials make difficult processers maintain profitability hence hindering potential opportunities available within domestic markets creating roadblocks much needed investments.
However, the growth of this market is currently being restrained by the COVID-19 pandemic that has caused disruptions on global trading networks and supply chains globally and also hindered fishing operations in many parts of Saudi Arabia due to restrictions imposed by government regulations. This factor along with reduced demand from other countries are likely to disrupt trade activities significantly during this period which could lead to decreased production levels for seafood products overall.
Key players operating in this market include Al Farooq Fisheries Co., Dimatco Group SA de CV., Gulf Fish Processing Industries Ltd., Kingfish International Inc., Ocean Specialties LLC., Seafood Supply Company Ltd., Salmones Camanchaca SPA and United Arab Emirates Fishing Co etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Fish Processing Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Fish Processing Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Fish Processing Market - Industry Life Cycle |
3.4 Saudi Arabia Fish Processing Market - Porter's Five Forces |
3.5 Saudi Arabia Fish Processing Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Saudi Arabia Fish Processing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Saudi Arabia Fish Processing Market Revenues & Volume Share, By Processing, 2021 & 2031F |
3.8 Saudi Arabia Fish Processing Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
4 Saudi Arabia Fish Processing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming fish products |
4.2.2 Growth in the food processing industry in Saudi Arabia |
4.2.3 Government initiatives to promote the fisheries sector in the country |
4.3 Market Restraints |
4.3.1 High import dependency for raw materials |
4.3.2 Stringent regulations and standards for food safety and quality |
4.3.3 Fluctuating prices of raw materials and energy |
5 Saudi Arabia Fish Processing Market Trends |
6 Saudi Arabia Fish Processing Market, By Types |
6.1 Saudi Arabia Fish Processing Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Fish Processing Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Saudi Arabia Fish Processing Market Revenues & Volume, By Marine, 2021-2031F |
6.1.4 Saudi Arabia Fish Processing Market Revenues & Volume, By Inland, 2021-2031F |
6.1.5 Saudi Arabia Fish Processing Market Revenues & Volume, By Freshwater, 2021-2031F |
6.2 Saudi Arabia Fish Processing Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Fish Processing Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Saudi Arabia Fish Processing Market Revenues & Volume, By Feed, 2021-2031F |
6.2.4 Saudi Arabia Fish Processing Market Revenues & Volume, By Biomedical, 2021-2031F |
6.2.5 Saudi Arabia Fish Processing Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saudi Arabia Fish Processing Market, By Processing |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Fish Processing Market Revenues & Volume, By Frozen, 2021-2031F |
6.3.3 Saudi Arabia Fish Processing Market Revenues & Volume, By Preserved, 2021-2031F |
6.3.4 Saudi Arabia Fish Processing Market Revenues & Volume, By Others, 2021-2031F |
6.4 Saudi Arabia Fish Processing Market, By Equipment |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Fish Processing Market Revenues & Volume, By Gutting, 2021-2031F |
6.4.3 Saudi Arabia Fish Processing Market Revenues & Volume, By Scaling, 2021-2031F |
6.4.4 Saudi Arabia Fish Processing Market Revenues & Volume, By Filleting, 2021-2031F |
6.4.5 Saudi Arabia Fish Processing Market Revenues & Volume, By Deboning, 2021-2031F |
6.4.6 Saudi Arabia Fish Processing Market Revenues & Volume, By Skinning, 2021-2031F |
6.4.7 Saudi Arabia Fish Processing Market Revenues & Volume, By Curing & Smoking, 2021-2031F |
7 Saudi Arabia Fish Processing Market Import-Export Trade Statistics |
7.1 Saudi Arabia Fish Processing Market Export to Major Countries |
7.2 Saudi Arabia Fish Processing Market Imports from Major Countries |
8 Saudi Arabia Fish Processing Market Key Performance Indicators |
8.1 Percentage increase in domestic fish production |
8.2 Investment in research and development for fish processing technologies |
8.3 Number of new product launches in the fish processing market |
9 Saudi Arabia Fish Processing Market - Opportunity Assessment |
9.1 Saudi Arabia Fish Processing Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Saudi Arabia Fish Processing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Saudi Arabia Fish Processing Market Opportunity Assessment, By Processing, 2021 & 2031F |
9.4 Saudi Arabia Fish Processing Market Opportunity Assessment, By Equipment, 2021 & 2031F |
10 Saudi Arabia Fish Processing Market - Competitive Landscape |
10.1 Saudi Arabia Fish Processing Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Fish Processing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |