Product Code: ETC13063398 | Publication Date: Apr 2025 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Pangasius market in Saudi Arabia is experiencing steady growth due to the increasing consumer demand for affordable and versatile seafood options. Pangasius, commonly known as basa or swai, is a popular choice among Saudi consumers for its mild taste, white flesh, and affordability compared to other seafood options. The market is primarily driven by the rising awareness of the health benefits associated with consuming fish, as well as the convenience of cooking and preparing Pangasius fillets. Importantly, the market is also witnessing a shift towards sustainable sourcing practices, with consumers showing a preference for responsibly sourced Pangasius products. Overall, the Saudi Arabia Pangasius market presents opportunities for suppliers and producers to cater to the growing demand for quality seafood products in the region.
In the Saudi Arabia pangasius market, there is a growing trend towards increased consumption of frozen and processed pangasius products due to their convenience and longer shelf life. Health-conscious consumers are also driving the demand for pangasius as it is a low-fat and high-protein alternative to other seafood options. The market is witnessing a shift towards more sustainable and responsibly sourced pangasius products, with a focus on certifications such as ASC (Aquaculture Stewardship Council) and BAP (Best Aquaculture Practices). Additionally, the popularity of pangasius in the foodservice sector, particularly in restaurants offering Asian cuisine, is contributing to the overall growth of the market. Overall, the Saudi Arabia pangasius market is expected to continue expanding as consumer preferences evolve towards healthier and sustainable seafood options.
In the Saudi Arabia pangasius market, challenges include consumer perception regarding the quality and safety of pangasius fish due to misinformation and negative publicity about the farming practices in some regions. Additionally, there is strong competition from local and imported seafood products, which affects the market share of pangasius. Import regulations and tariffs imposed by the government also impact the cost and availability of pangasius in the market. Furthermore, fluctuations in global supply and demand patterns, as well as environmental concerns related to aquaculture practices, pose challenges for the sustainable growth of the pangasius market in Saudi Arabia. Addressing these challenges will require industry stakeholders to enhance transparency in the supply chain, educate consumers about the benefits of pangasius, and work towards sustainable sourcing practices.
In the Saudi Arabia pangasius market, there are several investment opportunities to consider. Pangasius, a type of catfish, is gaining popularity in the region due to its affordability and mild taste. Investing in pangasius farming operations could be lucrative, as domestic production is currently limited and there is a growing demand for this fish among consumers. Additionally, setting up processing facilities for pangasius fillets could be a profitable venture, as it would cater to the increasing preference for convenient, ready-to-cook seafood products in the Saudi market. Furthermore, there is potential for exporting pangasius products to neighboring countries in the Middle East, leveraging Saudi Arabia`s strategic location for trade. Overall, investing in the Saudi Arabia pangasius market offers opportunities for growth and diversification in the seafood industry.
In Saudi Arabia, the pangasius market is regulated by the Saudi Food and Drug Authority (SFDA), which sets standards for the import, distribution, and sale of pangasius fish products. The SFDA requires that all pangasius fish imported into the country comply with specific hygiene and safety standards to ensure consumer protection. Additionally, the Ministry of Environment, Water, and Agriculture oversees aquaculture activities, including pangasius farming, to ensure sustainability and environmental responsibility. Importers and distributors of pangasius products are required to obtain the necessary licenses and permits from relevant government authorities to operate in the market. Overall, government policies in Saudi Arabia aim to maintain high standards of quality and safety in the pangasius market while promoting responsible aquaculture practices for long-term sustainability.
The future outlook for the Saudi Arabia pangasius market appears promising, driven by factors such as increasing consumer demand for affordable seafood options, the convenience of pangasius fillets, and the growing popularity of international cuisines in the region. With a rising middle-class population and a shift towards healthier eating habits, there is a strong potential for sustained growth in the market. Additionally, advancements in aquaculture techniques and sustainable fishing practices are likely to improve the quality and availability of pangasius products, further boosting market penetration. However, challenges such as competition from other seafood varieties and potential regulatory changes related to food safety and sustainability could impact the market dynamics in the future. Overall, the Saudi Arabia pangasius market is expected to expand steadily in the coming years, presenting opportunities for industry players to capitalize on this growing trend.
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 Pangasius Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Pangasius Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Pangasius Market - Industry Life Cycle |
3.4 Saudi Arabia Pangasius Market - Porter's Five Forces |
3.5 Saudi Arabia Pangasius Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Pangasius Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Saudi Arabia Pangasius Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Saudi Arabia Pangasius Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saudi Arabia Pangasius Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Pangasius Market Trends |
6 Saudi Arabia Pangasius Market, By Types |
6.1 Saudi Arabia Pangasius Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Pangasius Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Saudi Arabia Pangasius Market Revenues & Volume, By Fresh, 2021 - 2031F |
6.1.4 Saudi Arabia Pangasius Market Revenues & Volume, By Frozen, 2021 - 2031F |
6.1.5 Saudi Arabia Pangasius Market Revenues & Volume, By Processed, 2021 - 2031F |
6.1.6 Saudi Arabia Pangasius Market Revenues & Volume, By Canned, 2021 - 2031F |
6.2 Saudi Arabia Pangasius Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Pangasius Market Revenues & Volume, By Whole, 2021 - 2031F |
6.2.3 Saudi Arabia Pangasius Market Revenues & Volume, By Fillets, 2021 - 2031F |
6.2.4 Saudi Arabia Pangasius Market Revenues & Volume, By Nuggets, 2021 - 2031F |
6.2.5 Saudi Arabia Pangasius Market Revenues & Volume, By Marinated, 2021 - 2031F |
6.3 Saudi Arabia Pangasius Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Pangasius Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.3.3 Saudi Arabia Pangasius Market Revenues & Volume, By Restaurants & Hotels, 2021 - 2031F |
6.3.4 Saudi Arabia Pangasius Market Revenues & Volume, By Household Consumption, 2021 - 2031F |
6.3.5 Saudi Arabia Pangasius Market Revenues & Volume, By Institutional Use, 2021 - 2031F |
6.4 Saudi Arabia Pangasius Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Pangasius Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031F |
6.4.3 Saudi Arabia Pangasius Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Saudi Arabia Pangasius Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Saudi Arabia Pangasius Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
7 Saudi Arabia Pangasius Market Import-Export Trade Statistics |
7.1 Saudi Arabia Pangasius Market Export to Major Countries |
7.2 Saudi Arabia Pangasius Market Imports from Major Countries |
8 Saudi Arabia Pangasius Market Key Performance Indicators |
9 Saudi Arabia Pangasius Market - Opportunity Assessment |
9.1 Saudi Arabia Pangasius Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Pangasius Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Saudi Arabia Pangasius Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Saudi Arabia Pangasius Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Pangasius Market - Competitive Landscape |
10.1 Saudi Arabia Pangasius Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Pangasius Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |