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Saudi Arabia Aquaculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The Saudi Arabia aquaculture market reached a production volume of 368,020 Tons in 2021. Looking forward, IMARC Group expects the market to reach 586,600 Tons by 2027, exhibiting a CAGR of 8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. 

Aquaculture is a farming practice of aquatic species under human supervision in a tank, floating cage, pond or any other water body. The Kingdom of Saudi Arabia has a long history in aquaculture since the first shrimp farms were developed across the red sea coast during the 1980’s. In recent years, strong advancements have been made in the aquaculture industry catalyzed by the red sea’s favorable environment conditions as well as technological advancements. 

 

 
 

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The aquaculture production fulfills the partial domestic demand of seafood in the country and the rest of it is imported from neighboring countries. Seafood is consumed by the majority of the population in Saudi Arabia. High consumption of seafood in the country is attributed to various factors such as rising per capita income, changing lifestyles and increasing demand of high-quality protein rich food. As a result of an increasing prevalence of life style diseases, there has been a rise in the seafood consumption in the country as they are rich in protein, vitamins and omega-3 fatty acids. Aquaculture is also the fastest growing animal food production sector in the country. The growth is backed by government support and initiatives in order to raise the domestic production.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Saudi Arabia aquaculture market, along with forecasts for the period 2022-2027. Our report has categorized the market based on fish type, environment and distribution channel.

Breakup by Fish Type

 

 
 

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  • On the Basis of Production
    • Freshwater Fishes
    • Diadromous Fishes
    • Marine Fishes
    • Crustaceans
    • Others
  • On the Basis of Consumption
    • Pelagic Fish
    • Freshwater and Diadromous Fish
    • Crustaceans
    • Demersal Fish
    • Others
       

Breakup by Environment

  • Marine Water
  • Fresh Water
  • Brackish Water
     

Breakup by Distribution Channel

  • Traditional Retail
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channel
  • Others
     

Competitive Landscape:

The report has also examined the competitive landscape of the Saudi Arabia aquaculture market. Some of the major players include: National Aquaculture Group (NAQUA), Saudi Fisheries Company (SFC)Asmak Holdings, Jazan Energy, and Development Company (Jazadco), Arabian Shrimp Company and Tabuk Fisheries Company etc.

This report provides a deep insight into the Saudi Arabia aquaculture market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Saudi Arabia aquaculture market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units '000 Tons
Segment Coverage Fish Type, Environment, Distribution Channel
Companies Covered National Aquaculture Group (NAQUA), Saudi Fisheries Company (SFC)Asmak Holdings, Jazan Energy, and Development Company (Jazadco), Arabian Shrimp Company and Tabuk Fisheries Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the Saudi Arabia aquaculture market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Saudi Arabia aquaculture market ?
  • What is the breakup of the Saudi Arabia aquaculture market based on the fish type?
  • What is the breakup of the Saudi Arabia aquaculture market based on the environment?
  • What is the breakup of the Saudi Arabia aquaculture market based on the distribution channel?
  • What are the various stages in the value chain of the Saudi Arabia aquaculture industry?
  • What are the key driving factors and challenges in the Saudi Arabia aquaculture industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the Saudi Arabia aquaculture industry and who are the key players?
  • What is the degree of competition in the Saudi Arabia aquaculture market?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Saudi Arabia Aquaculture Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Fish Type
    5.5    Market Breakup by Environment
    5.6    Market Breakup by Distribution Channel
    5.7    Market Forecast
    5.8    SWOT Analysis
        5.8.1    Overview
        5.8.2    Strengths
        5.8.3    Weaknesses
        5.8.4    Opportunities
        5.8.5    Threats
    5.9    Value Chain Analysis
    5.10    Porters Five Forces Analysis
        5.10.1    Overview
        5.10.2    Bargaining Power of Buyers
        5.10.3    Bargaining Power of Suppliers
        5.10.4    Degree of Competition
        5.10.5    Threat of New Entrants
        5.10.6    Threat of Substitutes
    5.11    Government Regulations in the Saudi Arabia Aquaculture Industry
6   Market Breakup by Fish Type
    6.1    Production
        6.1.1    Freshwater Fishes
            6.1.1.1    Market Trends
            6.1.1.2    Market Forecast
        6.1.2    Diadromous Fishes
            6.1.2.1    Market Trends
            6.1.2.2    Market Forecast
        6.1.3    Marine Fishes
            6.1.3.1    Market Trends
            6.1.3.2    Market Forecast
        6.1.4    Crustaceans
            6.1.4.1    Market Trends
            6.1.4.2    Market Forecast
       6.1.5    Others
            6.1.5.1    Market Trends
            6.1.5.2    Market Forecast
    6.2    Consumption
        6.2.1    Pelagic Fish
            6.2.1.1    Market Trends
            6.2.1.2    Market Forecast
        6.2.2    Freshwater and Diadromous Fish
            6.2.2.1    Market Trends
            6.2.2.2    Market Forecast
        6.2.3    Crustaceans
            6.2.3.1    Market Trends
            6.2.3.2    Market Forecast
        6.2.4    Demersal Fish
            6.2.4.1    Market Trends
            6.2.4.2    Market Forecast
        6.2.5    Others
            6.2.5.1    Market Trends
            6.2.5.2    Market Forecast
7   Market Breakup by Environment
    7.1    Marine Water
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Fresh Water
        7.2.1    Market Trends
        7.2.2    Market Forecast
   7.3    Brackish Water
        7.3.1    Market Trends
        7.3.2    Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Traditional Retail
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Supermarkets and Hypermarkets
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Convenience Stores
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Online Channel
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Others
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Competitive Landscape
    9.1    Market Structure
    9.2    Key Players
    9.3    Profiles of Key Players
       9.3.1    National Aquaculture Group (NAQUA)
       9.3.2    Saudi Fisheries Company (SFC)
       9.3.3    Arabian Shrimp Company 
       9.3.4    Asmak Holdings 
       9.3.5    Jazan Energy, and Development Company (Jazadco) 
       9.3.6    Tabuk Fisheries Company

List of Figures

Figure 1: Saudi Arabia: Aquaculture Market: Major Drivers and Challenges
Figure 2: Saudi Arabia: Aquaculture Market: Production Volume (in ‘000 Tons), 2016-2021
Figure 3: Saudi Arabia: Aquaculture Market: Consumption Volume (in ‘000 Tons), 2016-2021
Figure 4: Saudi Arabia: Aquaculture Market: Production Breakup by Fish Type (in %), 2021
Figure 5: Saudi Arabia: Aquaculture Market: Consumption Breakup by Fish Type (in %), 2021
Figure 6: Saudi Arabia: Aquaculture Market: Breakup by Environment (in %), 2021
Figure 7: Saudi Arabia: Aquaculture Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Saudi Arabia: Aquaculture Market Forecast: Production Volume (in ‘000 Tons), 2022-2027
Figure 9: Saudi Arabia: Aquaculture Market Forecast: Consumption Volume (in ‘000 Tons), 2022-2027
Figure 10: Saudi Arabia: Aquaculture Industry: SWOT Analysis
Figure 11: Saudi Arabia: Aquaculture Industry: Value Chain Analysis
Figure 12: Saudi Arabia: Aquaculture Industry: Porter’s Five Forces Analysis
Figure 13: Saudi Arabia: Aquaculture Market (Freshwater Fishes): Production Volume (in ‘000 Tons), 2016 & 2021
Figure 14: Saudi Arabia: Aquaculture Market (Freshwater Fishes) Forecast: Production Volume (in ‘000 Tons), 2022-2027
Figure 15: Saudi Arabia: Aquaculture Market (Diadromous Fishes): Production Volume (in ‘000 Tons), 2016 & 2021
Figure 16: Saudi Arabia: Aquaculture Market (Diadromous Fishes) Forecast: Production Volume (in ‘000 Tons), 2022-2027
Figure 17: Saudi Arabia: Aquaculture Market (Marine Fishes): Production Volume (in ‘000 Tons), 2016 & 2021
Figure 18: Saudi Arabia: Aquaculture Market (Marine Fishes) Forecast: Production Volume (in ‘000 Tons), 2022-2027
Figure 19: Saudi Arabia: Aquaculture Market (Crustaceans): Production Volume (in ‘000 Tons), 2016 & 2021
Figure 20: Saudi Arabia: Aquaculture Market (Crustaceans) Forecast: Production Volume (in ‘000 Tons), 2022-2027
Figure 21: Saudi Arabia: Aquaculture Market (Others): Production Volume (in ‘000 Tons), 2016 & 2021
Figure 22: Saudi Arabia: Aquaculture Market (Others) Forecast: Production Volume (in ‘000 Tons), 2022-2027
Figure 23: Saudi Arabia: Aquaculture Market (Pelagic Fish): Consumption Volume (in ‘000 Tons), 2016 & 2021
Figure 24: Saudi Arabia: Aquaculture Market (Pelagic Fish) Forecast: Consumption Volume (in ‘000 Tons), 2022-2027
Figure 25: Saudi Arabia: Aquaculture Market (Freshwater and Diadromous Fish): Consumption Volume (in ‘000 Tons), 2016 & 2021
Figure 26: Saudi Arabia: Aquaculture Market (Freshwater and Diadromous Fish) Forecast: Consumption Volume (in ‘000 Tons), 2022-2027
Figure 27: Saudi Arabia: Aquaculture Market (Crustaceans): Consumption Volume (in ‘000 Tons), 2016 & 2021
Figure 28: Saudi Arabia: Aquaculture Market (Crustaceans) Forecast: Consumption Volume (in ‘000 Tons), 2022-2027
Figure 29: Saudi Arabia: Aquaculture Market (Demersal Fish): Consumption Volume (in ‘000 Tons), 2016 & 2021
Figure 30: Saudi Arabia: Aquaculture Market (Demersal Fish) Forecast: Consumption Volume (in ‘000 Tons), 2022-2027
Figure 31: Saudi Arabia: Aquaculture Market (Others): Consumption Volume (in ‘000 Tons), 2016 & 2021
Figure 32: Saudi Arabia: Aquaculture Market (Others) Forecast: Consumption Volume (in ‘000 Tons), 2022-2027
Figure 33: Saudi Arabia: Aquaculture Market (Marine Water): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 34: Saudi Arabia: Aquaculture Market (Marine Water) Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 35: Saudi Arabia: Aquaculture Market (Fresh Water): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 36: Saudi Arabia: Aquaculture Market (Fresh Water) Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 37: Saudi Arabia: Aquaculture Market (Brackish Water): Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 38: Saudi Arabia: Aquaculture Market (Brackish Water) Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 39: Saudi Arabia: Aquaculture Market: Sales through Traditional Retail (in ‘000 Tons), 2016 & 2021
Figure 40: Saudi Arabia: Aquaculture Market Forecast: Sales through Traditional Retail (in ‘000 Tons), 2022-2027
Figure 41: Saudi Arabia: Aquaculture Market: Sales through Supermarkets and Hypermarkets (in ‘000 Tons), 2016 & 2021
Figure 42: Saudi Arabia: Aquaculture Market Forecast: Sales through Supermarkets and Hypermarkets (in ‘000 Tons), 2022-2027
Figure 43: Saudi Arabia: Aquaculture Market: Sales through Convenience Stores (in ‘000 Tons), 2016 & 2021
Figure 44: Saudi Arabia: Aquaculture Market Forecast: Sales through Convenience Stores (in ‘000 Tons), 2022-2027
Figure 45: Saudi Arabia: Aquaculture Market: Sales through Online Channel (in ‘000 Tons), 2016 & 2021
Figure 46: Saudi Arabia: Aquaculture Market Forecast: Sales through Online Channel (in ‘000 Tons), 2022-2027
Figure 47: Saudi Arabia: Aquaculture Market: Sales through Other Distribution Channels (in ‘000 Tons), 2016 & 2021
Figure 48: Saudi Arabia: Aquaculture Market Forecast: Sales through Other Distribution Channels (in ‘000 Tons), 2022-2027

List of Tables

Table 1: Saudi Arabia: Aquaculture Market: Key Industry Highlights, 2021 and 2027
Table 2: Saudi Arabia: Aquaculture Market Forecast: Breakup by Fish Type (in ‘000 Tons), 2022-2027
Table 3: Saudi Arabia: Aquaculture Market Forecast: Breakup by Environment (in ‘000 Tons), 2022-2027
Table 4: Saudi Arabia: Aquaculture Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2022-2027
Table 5: Saudi Arabia: Aquaculture Market Structure
Table 6: Saudi Arabia: Aquaculture Market: Key Players


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