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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 375.72 Million

Market Size (2030)

USD 396.29 Million

CAGR (2025-2030)

3.85%

Fastest Growing Segment

Fisheries

Largest Market

Eastern Region

Market Overview

Saudi Arabia Aquaculture Market was valued at USD 375.72 Million in 2024 and is expected to reach USD 396.29 Million by 2030 with a CAGR of 3.85% during the forecast period. Aquaculture, also known as aquafarming, is a rapidly evolving sector in Saudi Arabia, contributing significantly to the kingdom's food security and economic growth. This market involves the cultivation of aquatic organisms such as fish, shellfish, and aquatic plants under controlled conditions. Saudi Arabia's strategic location provides an ideal environment for marine and inland aquaculture, enabling a year-round supply of high-quality seafood. The Saudi Aquaculture Society, along with government initiatives, is propelling the growth of this sector, aiming to produce 600,000 tons of fish by 2030.

Key Market Drivers

Abundant Availability of Coastline for Marine Aquaculture

The abundant availability of coastline in Saudi Arabia has emerged as a pivotal factor in driving the escalating demand for aquaculture within the country. With an extensive coastline along the Red Sea and the Arabian Gulf, Saudi Arabia possesses a unique advantage for the development and expansion of marine aquaculture activities. The favorable geographical positioning not only provides an ample space for aquaculture farms but also facilitates the creation of a diverse range of aquatic environments suitable for various species of fish and seafood. This advantageous coastline contributes to the establishment of sustainable aquaculture practices, meeting the rising demand for seafood in the region. In June 2023, the Saudi Agricultural and Livestock Investment Company (SALIC), which oversees Saudi Arabia’s Public Investment Fund (PIF), entered into a strategic partnership agreement. As part of this initiative, SALIC acquired a 42% stake in NAQUA, reinforcing its commitment to strengthening the domestic aquaculture sector and expanding fish production.

As the global population continues to grow and dietary preferences shift towards healthier protein sources, the demand for fish and seafood has surged, prompting Saudi Arabia to tap into its marine resources to bridge the gap between supply and demand. The government's strategic initiatives and investments in promoting aquaculture further underscore the importance of leveraging the country's coastal assets for economic development.

Additionally, the development of modern aquaculture technologies and sustainable farming practices has enhanced the efficiency and productivity of marine aquaculture in Saudi Arabia, ensuring a reliable and consistent supply of high-quality seafood. This not only addresses domestic consumption needs but also positions the country as a potential exporter of aquaculture products, contributing to economic diversification. In conclusion, the abundant availability of coastline in Saudi Arabia has become a catalyst for the flourishing aquaculture industry, fostering economic growth, ensuring food security, and opening up new avenues for international trade in the seafood sector.

Government Initiatives & Incentives to Promote Aquaculture

Government initiatives and incentives aimed at promoting aquaculture in Saudi Arabia have significantly contributed to the burgeoning demand for this industry. The Saudi Arabian government has recognized the strategic importance of aquaculture in ensuring food security, fostering economic diversification, and creating employment opportunities. Through targeted policies and financial incentives, the government has actively supported the development of the aquaculture sector.

One notable initiative is the establishment of regulatory frameworks that streamline licensing processes for aquaculture operations, providing a conducive environment for entrepreneurs and investors. Additionally, financial incentives, such as subsidies for the establishment of aquaculture facilities and the provision of low-interest loans, have encouraged private sector participation. These initiatives not only reduce barriers to entry but also stimulate increased investments in the aquaculture value chain.

Moreover, the government's commitment to research and development in aquaculture technologies has led to the adoption of innovative and sustainable practices, further enhancing the industry's growth. As a result, the proactive involvement of the government has created a positive trajectory for the aquaculture sector in Saudi Arabia, attracting both domestic and foreign investors. This concerted effort aligns with the broader national vision of economic transformation and aligning industries with global sustainability goals. The cumulative effect is a thriving aquaculture industry, meeting the growing demand for seafood while contributing to the overall economic development of the country.

Technological Advances in Fish Farming Methods

The surging demand for aquaculture in Saudi Arabia is closely intertwined with the remarkable technological advances in fish farming methods. In recent years, the adoption of cutting-edge technologies has revolutionized the aquaculture industry in the country, contributing to increased efficiency, sustainability, and overall productivity. Advanced monitoring systems, data analytics, and automation have optimized the management of aquaculture facilities, enabling precise control over water quality, feeding processes, and disease prevention. These technological innovations not only enhance the overall health and well-being of the farmed fish but also result in higher yields and improved resource utilization. In 2023, the Kingdom of Saudi Arabia (KSA) expanded the list of approved Russian enterprises authorized to supply fish products to its market. Additionally, the Saudi Food and Drug Authority recently approved one canned fish manufacturer, bringing the total number of Russian companies permitted to export fish products to the Kingdom to 40.

One noteworthy advancement is the application of recirculating aquaculture systems (RAS), which minimize water consumption, reduce environmental impact, and allow for the farming of fish in land-based facilities. This innovation addresses the scarcity of freshwater resources in the region and mitigates potential environmental concerns associated with traditional aquaculture methods. Additionally, genetic advancements in selective breeding have led to the development of aquaculture species that exhibit enhanced growth rates, disease resistance, and improved nutritional profiles.

The integration of these technologies has not only elevated the competitiveness of Saudi Arabian aquaculture on a global scale but has also stimulated domestic demand. Consumers are increasingly drawn to the assurance of sustainable and high-quality seafood produced through these advanced methods. The transformative impact of technological progress in fish farming methods is evident in the growing popularity and economic significance of the aquaculture sector in Saudi Arabia, positioning it as a key player in meeting the rising demand for seafood while embracing sustainable practices.

Increasing Domestic Demand for Seafood

The escalating demand for aquaculture in Saudi Arabia is intricately linked to the rising domestic appetite for seafood. As the population grows and dietary preferences evolve, there has been a noticeable shift towards healthier protein sources, with seafood gaining prominence. This surge in domestic demand has spurred the expansion of the aquaculture industry, positioning it as a critical player in meeting the needs of a seafood-hungry consumer base. According to the ITC Trade Map, imports of preserved and prepared fish surged from 345 metric tons in 2021 to 39,732 metric tons in 2022, highlighting the rapid expansion of the processed fish segment and its strong growth potential in the near future.

In response to this growing appetite, aquaculture has emerged as a reliable and sustainable source of seafood production. Unlike traditional fishing methods, aquaculture offers a controlled and consistent supply of fish and other seafood varieties, providing consumers with a year-round availability of fresh and high-quality products. Additionally, consumers are becoming increasingly conscious of the health benefits associated with consuming fish, further fueling the demand for aquaculture products.

The government of Saudi Arabia has recognized this shift in consumer behavior and has actively supported the aquaculture sector through policy initiatives and investments. This includes the promotion of sustainable and technologically advanced aquaculture practices to ensure a steady and secure supply chain. The alignment of aquaculture with health-conscious consumer preferences has not only stimulated the growth of the industry but has also created new economic opportunities, from production and processing to distribution and retail. In essence, the increasing domestic demand for seafood acts as a driving force, propelling the expansion and success of the aquaculture sector in Saudi Arabia.

Saudi Arabia Aquaculture Market

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Key Market Challenges

Limited Freshwater Resources

The demand for aquaculture in Saudi Arabia faces a significant challenge due to limited freshwater resources in the region. With the majority of the country characterized by arid and semi-arid conditions, the scarcity of freshwater poses a constraint on traditional aquaculture practices that rely heavily on substantial water inputs. This limitation has led to decreased enthusiasm and demand for aquaculture activities, as water availability becomes a critical factor influencing the feasibility and sustainability of fish farming operations.

Aquaculture typically requires a consistent and abundant supply of freshwater for various stages of production, from hatcheries to grow-out facilities. The constraints on freshwater availability impact not only the quantity of aquaculture production but also its overall efficiency and economic viability. In the face of limited freshwater resources, aquaculture operators may encounter challenges in maintaining optimal water quality conditions, leading to potential health issues for farmed fish and increased operational costs.

The Saudi Arabian government, recognizing the importance of sustainable water management, has implemented policies to address water scarcity issues. However, the ongoing challenge of limited freshwater availability continues to impede the growth of the aquaculture sector. As a result, alternative and innovative water-conserving technologies, such as Recirculating Aquaculture Systems (RAS), are gaining traction to overcome these constraints and foster a more sustainable and resilient aquaculture industry in Saudi Arabia. The quest for solutions to freshwater scarcity remains pivotal in shaping the trajectory of aquaculture demand in the country.

High Salinity Levels of the Red Sea

The demand for aquaculture in Saudi Arabia faces a unique challenge attributed to the high salinity levels of the Red Sea. As a prominent feature of the country's coastline, the Red Sea exhibits salinity levels that surpass those of many other marine environments. This elevated salinity poses a substantial impediment to traditional aquaculture practices, as many fish species are sensitive to extreme salinity conditions. Consequently, the aquaculture sector in Saudi Arabia experiences decreased demand, primarily due to the limited selection of species that can thrive in such high salinity environments.

The high salinity levels of the Red Sea necessitate a careful selection of aquaculture species that are adapted to, or can tolerate, these specific conditions. This limitation affects the diversity of commercially viable species, potentially reducing the variety of seafood products available in the market. Furthermore, managing water quality becomes a critical concern, as maintaining optimal conditions for fish health and growth becomes more challenging in high salinity environments.

Despite these challenges, the aquaculture industry in Saudi Arabia is actively exploring and implementing technological solutions to address the impact of high salinity. Research and development initiatives focus on breeding and cultivating species that are well-suited to saline conditions, as well as the adoption of advanced aquaculture technologies such as Recirculating Aquaculture Systems (RAS) to provide controlled and optimal environments for fish growth. As technology evolves, it is anticipated that these advancements will mitigate the impact of high salinity on aquaculture and contribute to the sector's sustainability and growth.

Key Market Trends

Expansion Of Local and International Aquaculture Companies

The surge in demand for aquaculture in Saudi Arabia is intricately linked to the expanding presence of both local and international aquaculture companies within the country. The concerted efforts of these companies to establish and expand their operations in Saudi Arabia have played a pivotal role in driving the growth of the aquaculture sector. Local companies, driven by the government's vision for economic diversification, have invested significantly in aquaculture projects, leveraging their understanding of the local market dynamics and contributing to the sector's expansion. In February 2025, InvertiGro and SAQUA (Saudi Aquaculture Systems Factory), a leading Saudi-based RAS aquaculture specialist, signed a Memorandum of Understanding (MoU) at the PIF Private Sector Forum in Riyadh. This collaboration aims to integrate innovative indoor vertical farming with advanced aquaculture technologies, exploring opportunities to co-deploy sustainable and efficient farming solutions to enhance food production across Saudi Arabia.

Simultaneously, the influx of international aquaculture companies has brought in global expertise, advanced technologies, and best practices, further catalyzing the development of the industry. These companies often introduce innovative farming techniques, sustainable practices, and efficient supply chain management, which not only boost productivity but also enhance the overall competitiveness of Saudi Arabian aquaculture on a global scale.

The collaboration between local and international aquaculture entities has resulted in knowledge transfer, skills development, and the establishment of robust industry networks. This synergy has not only accelerated the growth of existing aquaculture projects but has also paved the way for the introduction of new species and diversified product offerings to meet the evolving preferences of consumers. The expansion of both local and international aquaculture companies in Saudi Arabia has created a dynamic and competitive market, stimulating increased investments, generating employment opportunities, and positioning the country as a significant player in the global aquaculture landscape. As a consequence, the demand for aquaculture products in Saudi Arabia continues to rise, driven by the collective efforts and expertise of these diverse industry players.

Growth in the Use of Recirculating Aquaculture Systems (RAS)

The burgeoning demand for aquaculture in Saudi Arabia is intimately connected to the remarkable growth in the use of Recirculating Aquaculture Systems (RAS). This innovative technology has revolutionized the aquaculture landscape by providing a sustainable and efficient method for fish farming. RAS minimizes water usage by continuously filtering and recirculating water within a closed system, mitigating environmental concerns and addressing freshwater scarcity challenges in the region.

The adoption of RAS in Saudi Arabia has not only optimized resource utilization but has also significantly improved the overall efficiency of aquaculture operations. By maintaining optimal water quality parameters, RAS facilitates the cultivation of fish in land-based facilities, reducing the reliance on traditional open-water farming methods. This shift enhances biosecurity measures, mitigates disease risks, and enables precise control over the aquaculture environment.

The government's support for the implementation of RAS is evident in its policies and incentives aimed at promoting sustainable aquaculture practices. Financial incentives, coupled with regulatory frameworks that encourage the adoption of advanced technologies, have spurred the integration of RAS into aquaculture projects across the country. This technological evolution has attracted investments, both domestic and international, further catalyzing the growth of the aquaculture sector in Saudi Arabia. The increasing utilization of RAS not only reflects a commitment to sustainable practices but also positions Saudi Arabia as a leader in adopting cutting-edge aquaculture technologies. As a result, the demand for aquaculture products continues to rise, driven by the environmental benefits, improved efficiency, and enhanced productivity associated with the widespread use of Recirculating Aquaculture Systems in the country.

Segmental Insights

Type Insights

In 2024, Based on the Type, the Fisheries segment currently holds a dominant position. This is due to the country's extensive coastline and strategic location, providing access to abundant fishing grounds. These factors contribute to the sector's lucrative nature within the aquaculture industry. The high demand for fish products, which are considered a staple in the Saudi Arabian diet, further strengthens the dominance of the Fisheries segment. However, it is worth noting that other segments such as Seaweeds, Microalgae, Crustaceans, Molluscs, and Others also exhibit potential for growth. These segments contribute to the overall diversification of the aquaculture market in Saudi Arabia, adding further opportunities and expanding the scope of the industry.

Culture Insights

In 2024, Based on the Culture, Marine segment occupies a predominant position in Saudi Arabia's thriving aquaculture market due to a combination of strategic geographical advantages, abundant coastal resources, and a focus on sustainable seafood production. Saudi Arabia's extensive coastline along the Red Sea and the Arabian Gulf provides an ideal environment for marine aquaculture activities. The availability of vast coastal areas enables the cultivation of a diverse range of fish and seafood species, contributing to the industry's growth.

The government's recognition of the economic potential of marine aquaculture has led to strategic investments and initiatives specifically tailored to support and promote this sector. Policies aimed at streamlining regulatory processes, providing financial incentives, and fostering research and development have created a conducive business environment for marine aquaculture operators. The emphasis on sustainability aligns with global trends and positions Saudi Arabia as a responsible player in the aquaculture industry.

Saudi Arabia Aquaculture Market

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Regional Insights

The Eastern Region of Saudi Arabia, with its captivating beauty and rich cultural heritage, stands as the dominant force in the Saudi Arabia Aquaculture Market. Situated along the mesmerizing coastline of the Arabian Gulf, this region offers an unparalleled platform for the flourishing growth and expansion of the aquaculture industry. Its vast expanse of natural resources, combined with favorable climatic conditions such as optimal water temperature and salinity levels, creates an idyllic environment for aquatic life to thrive.

The Eastern Region's strategic location acts as a gateway to the global market, facilitating seamless trade and attracting both local and international investors. With a well-established infrastructure that supports the industry's evolving needs, the region continues to set new benchmarks for innovation, sustainability, and economic growth.

Recent Developments

  • In 2024, King Abdullah University of Science and Technology (KAUST) Beacon Development, in collaboration with the Saudi Ministry of Environment, Water, and Agriculture (MEWA), launched the Aquaculture Development Program (ADP) along Saudi Arabia’s coastline. The initiative aims to achieve an annual seafood production of 280,000 metric tons by 2030, supporting economic growth while reducing dependence on fish imports. To drive this objective, KAUST is actively training the local workforce, equipping them with the necessary skills to advance the aquaculture sector and enhance its long-term sustainability.
  • In February 2024, Topian, the NEOM Food Company, established strategic partnerships to advance research and sustainable aquaculture practices in the Red Sea. It collaborated with the National Livestock and Fisheries Development Program (NLFDP) to promote innovation in the sector. Additionally, Topian signed a Memorandum of Understanding (MoU) with Pure Salmon to develop a salmon production facility at NEOM. Furthermore, the company entered into an agreement with the National Aquaculture Group (NAQUA) to strengthen the local aquaculture industry and enhance the marketing of NAQUA’s seafood products within Saudi Arabia.
  • In January 2024, NEOM, a Saudi Arabian company, partnered with Tabuk Fisheries Company to launch Topian Aquaculture. This collaboration underscores Saudi Arabia’s commitment to building a resilient and sustainable aquaculture sector, enhancing food security, and promoting self-sufficiency in seafood production.
  • In December 2024, Saudi Arabia's food security strategy was strengthened through the launch of a trout farming project, developed in partnership between King Abdulaziz City for Science and Technology (KACST) and King Abdulaziz University. The initiative, implemented at KACST's research station in Al-Muzahmiyya Governorate, was supported by the Ministry of Environment, Water, and Agriculture's National Livestock and Fisheries Development Program, reinforcing efforts to enhance sustainable aquaculture development in the Kingdom.

Key Market Players

  • National Aquaculture Group (NAQUA)
  • Saudi Fisheries Company
  • Arabian Shrimp Company
  • Saudi fisheries company (Asmak)
  • Jazadco Fisheries
  • Tabuk Fisheries Company
  • Arab Fisheries Co.
  • Izalco LLC
  • Sami Hamad Est.
  • Saudi Fisheries Company

By Type

 

By Culture

By Distribution Channel

By Region

  • Fisheries
  • Seaweeds
  • Microalgae
  • Crustaceans
  • Mollusks
  • Others
  • Freshwater
  • Brackish Water
  • Marine
  • Specialty Stores
  • Supermarkets/Hypermarkets
  • Online
  • Western Region
  • Central Region
  • Southern Region
  • Eastern Region
  • Northern Region

 

Report Scope:

In this report, the Saudi Arabia Aquaculture Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Aquaculture Market, By Type:

o   Fisheries

o   Seaweeds

o   Microalgae

o   Crustaceans

o   Mollusks

o   Others

  • Saudi Arabia Aquaculture Market, By Culture:

o   Freshwater

o   Brackish Water

o   Marine

  • Saudi Arabia Aquaculture Market, By Distribution Channel:

o   Specialty Stores

o   Supermarkets/Hypermarkets

o   Online

  • Saudi Arabia Aquaculture Market, By Region:

o   Western Region

o   Central Region

o   Southern Region

o   Eastern Region

o   Northern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Aquaculture Market.

Available Customizations:

Saudi Arabia Aquaculture Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Aquaculture Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

Table of content

Table of content

1.     Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.     Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.     Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.     Voice of Customer

5.     Saudi Arabia Aquaculture Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Fisheries, Seaweeds, Microalgae, Crustaceans, Mollusks, Others)

5.2.2.    By Culture (Freshwater, Brackish Water, Marine)

5.2.3.    By Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Online)

5.2.4.    By Region

5.2.5.    By Company (2024)

5.3.  Market Map

6.     Western Region Saudi Arabia Aquaculture Outlook

6.1.  Market Size & Forecast        

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Culture

6.2.3.    By Distribution Channel

7.     Central Region Saudi Arabia Aquaculture Outlook

7.1.  Market Size & Forecast        

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Culture

7.2.3.    By Distribution Channel

8.     Southern Region Saudi Arabia Aquaculture Outlook

8.1.  Market Size & Forecast        

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Culture

8.2.3.    By Distribution Channel

9.     Eastern Region Saudi Arabia Aquaculture Outlook

9.1.  Market Size & Forecast        

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Culture

9.2.3.    By Distribution Channel

10.  Northern Region Saudi Arabia Aquaculture Outlook

10.1.             Market Size & Forecast         

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Culture

10.2.3. By Distribution Channel

11.  Market Dynamics

11.1.             Drivers

11.2.             Challenges

12.  Market Trends & Developments

12.1.             Merger & Acquisition (If Any)

12.2.             Product Launches (If Any)

12.3.             Recent Developments

13.  Saudi Arabia Economic Profile

14.  Saudi Arabia Aquaculture: SWOT Analysis

15.  Porter’s Five Forces Analysis

15.1.             Competition in the Industry

15.2.             Potential of New Entrants

15.3.             Power of Suppliers

15.4.             Power of Customers

15.5.             Threat of Substitute Products

16.  Competitive Landscape

16.1.             National Aquaculture Group (NAQUA)

16.1.1. Business Overview

16.1.2. Company Snapshot

16.1.3. Products & Services

16.1.4. Financials (As Reported)

16.1.5. Recent Developments

16.1.6. Key Personnel Details

16.1.7. SWOT Analysis

16.2.             Saudi Fisheries Company

16.3.             Arabian Shrimp Company

16.4.             Saudi fisheries company (Asmak)

16.5.             Jazadco Fisheries

16.6.             Tabuk Fisheries Company

16.7.             Arab Fisheries Co.

16.8.             Izalco LLC

16.9.             Sami Hamad Est.

16.10.           Saudi Fisheries Company

17.  Strategic Recommendations

18.  About Us & Disclaimer 

 

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Saudi Arabia Aquaculture Market was estimated to be USD 375.72 Million in 2024.

The Fisheries segment currently dominates the aquaculture market in Saudi Arabia, thanks to the country's extensive coastline and strategic location. With a high demand for fish products, this sector is lucrative and considered a staple in the Saudi Arabian diet.

The Eastern Region of Saudi Arabia, with its stunning beauty and rich cultural heritage, plays a crucial role in the dominance of the Saudi Arabia Aquaculture Market. Its extensive coastline and favorable conditions for aquaculture, along with strategic location and government support, contribute to market growth.

Government initiatives & incentives to promote aquaculture and technological advances in fish farming methods will propel Saudi Arabia Aquaculture market growth during the forecast period.

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