Saudi Arabia Agritech Market

Saudi Arabia Agritech Market Overview:

The Saudi Arabia Agritech Market size reached USD 246.96 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 628.66 Million by 2033, exhibiting a growth rate (CAGR) of 10.94% during 2025-2033. The market is driven by substantial investments in cutting-edge agricultural technologies like hydroponics, vertical farming, and controlled-environment agriculture to enhance food security and reduce dependence on imports. The development of a collaborative environment by the government through funding startups and bringing academia and the private sector together into partnerships is further increasing the Saudi Arabia agritech market share.

Saudi Arabia Agritech Market Trends:

Focus on Water-Efficient Agritech Technologies

Prioritization of water-efficient technologies is one of the prominent trends in Saudi Arabia agritech industry. With the Kingdom's semi-arid climate and limited freshwater resources, there is increasing focus on innovations that reduce water use while increasing crop yield. Technologies like drip irrigation, hydroponics, and aeroponics are picking up steam, especially in areas like Al-Qassim and Riyadh where agriculture is being increased through advanced methods. These systems enable real-time control over water and nutrient supply, minimizing wastage and maximizing sustainability. Agritech startups and large companies are developing integrated solutions that combine these systems with sensors and automation to track plant health and soil conditions in real time. For example, the kingdom has launched measures to reduce water usage in various sectors, tackling inefficiencies in agriculture, homes, and industry. A significant element of these initiatives is the Qatrah program, which seeks to reduce daily water use per person by almost 50% by 2030. By promoting public awareness initiatives and providing incentives for water-saving technologies, the program supports sustainable practices for individuals and institutions alike. Modern irrigation systems are replacing water-heavy techniques, lowering agricultural demand, which accounts for almost 80% of water consumption. Hence, agritech apart from being perceived as a productivity tool, is also seen as a required reaction to climate and ecological conditions.

Expansion of Controlled-Environment Agriculture (CEA)

Controlled-environment agriculture is gaining momentum in Saudi Arabia as a viable solution to counter climatic challenges and lengthen the cultivation season for many crops. Technologies such as vertical farming, climate-controlled greenhouses, and indoor agriculture systems are being adopted in urban locations like Jeddah and Dammam, where open-field farming is less viable. Such solutions deliver uniform growing conditions irrespective of outside weather, which suits the Kingdom's arid, hot climate. CEA allows for greater yields per smaller land area and facilitates the growth of crops that were once unfeasible to cultivate locally. Energy-saving lighting, HVAC equipment, and intelligent monitoring devices are being integrated to fine-tune parameters like humidity, temperature, and light exposure. While these practices enhance food security, they also lower import dependency by facilitating year-round, local food production. Growth in CEA is thus revolutionizing the food supply chain in the region and presenting new agribusiness opportunities, which is further propelling the Saudi Arabia agritech market growth. According to industry reports, the government intends to allocate more than USD 1Billion to enhance plant resources and greenhouses by 2025, intending to boost the annual production of fresh produce to over 1 million tons, which supports the nation's objective of attaining food security and self-sufficiency.

Government-Supported Innovation and Investment Programs

Saudi Arabia's agritech market is fueled by government-supported initiatives and investment schemes under Vision 2030, with a focus on food security and economic diversification. Organizations like the Ministry of Environment, Water and Agriculture are leading the way by introducing research grants, setting up agritech accelerators, and brokering collaborations between industry and academia. NEOM and the Red Sea Project, two of the Kingdom's leading smart city projects, are integrating next-generation agriculture systems, building testbeds for new technologies in real-world applications. In addition, there is emphasis on the localization of technology development in order to curb foreign reliance, promoting locally born startups in major cities such as Riyadh and Dhahran. This is further complemented by changes in the regulatory framework designed to facilitate the conduct of business and foreign investment within the agritech industry.

Saudi Arabia Agritech Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type and application.

Type Insights:

• Biotechnology and Biochemical
• Big Data and Analytics
• Sensors and Connected Devices
• Mobility
• Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes biotechnology and biochemical, big data and analytics, sensors and connected devices, mobility, and others.

Application Insights:

• Irrigation
• Production and Maintenance
• Supply Chain
• Marketplace

The report has provided a detailed breakup and analysis of the market based on the application. This includes irrigation, production and maintenance, supply chain, and marketplace.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include the Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Agritech Market News:

• In January 2025, the agritech startup Arable, based in Saudi Arabia, revealed that it had successfully completed a $2.55 million seed funding round, spearheaded by undisclosed investors. The funding round drew interest from both institutional and private investors, with 90% of the funds sourced from international backers. The company mentioned in a press release that the money will be distributed within Saudi Arabia to support the growth of the nation's agricultural industry.
• In May 2025, Saudi Arabia and South Korea formally began a collaborative project to enhance contemporary farming by unveiling a smart agriculture complex in Riyadh. The new facility embodies Saudi Arabia's agricultural goals to upgrade its farming sector while improving food security and production capacities. As stated by Al Mushaiti, the initiative stems from joint efforts aimed at advancing innovation and addressing the increasing food needs in the area.

Saudi Arabia Agritech Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia agritech market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia agritech market on the basis of type?
• What is the breakup of the Saudi Arabia agritech market on the basis of application?
• What is the breakup of the Saudi Arabia agritech market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia agritech market? 
• What are the key driving factors and challenges in the Saudi Arabia agritech market?
• What is the structure of the Saudi Arabia agritech market and who are the key players?
• What is the degree of competition in the Saudi Arabia agritech market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia agritech market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia agritech market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia agritech industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.