Saudi Arabia Fruits and Vegetables Market Growth, Trends, Size, Revenue, Challenges and Future Scope
Saudi Arabia Fruits and Vegetables Market Size- By Type, By Export Variant, By Farming Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2023 | Report ID: FOOD2363 | Pages: 1 - 104 | Formats*: |
| Category : Food & Beverages | |||
Saudi Arabia Fruits and Vegetables Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Fruits and Vegetables Market is estimated to reach USD 5.53 billion by 2033 with a CAGR of 4.72%.
The report includes an in-depth analysis of the Saudi Arabia Fruits and Vegetables Market, including market size and trends, product mix, distribution channels, and supplier analysis. The fruits and vegetables market refers to the industry involved in the production, distribution, and sale of various fruits and vegetables to consumers. It encompasses the cultivation of fruits and vegetables by farmers, the processing and packaging of these products, and their distribution through various channels such as wholesalers, retailers, and foodservice establishments. The market includes a wide range of fresh produce, including fruits like apples, bananas, oranges, and berries, as well as vegetables such as tomatoes, cucumbers, carrots, and leafy greens.
- Market development in 2023-2033: driven by the Increasing Population. Saudi Arabia has a rapidly growing population, which directly translates into an increased demand for fruits and vegetables. The expanding consumer base creates opportunities for market growth and stimulates the need for a diverse range of fresh produce.
- April 2022: Tamimi Markets, a supermarket chain in Saudi Arabia, entered into a joint venture with Mitsui & Co., a Japanese company, and Zero SRL, an Italian agricultural technology provider. The collaboration aims to establish vertical smart farms in the Al Kharj region of the Kingdom.
Market Opportunities and Challenges
The fruits and vegetable market in Saudi Arabia offers both opportunities and difficulties. One of the biggest opportunities is the rising consumer demand for fresh, healthy products, which is being driven by rising health consciousness and a change in eating patterns. The market for fruits and vegetables is looking prospective due to population growth, urbanisation, and shifting dietary preferences. Government programmes that support agricultural independence and lessen dependency on imports also give native farmers and producers the chance to supply the local market. The market's potential is also aided by investments in cutting-edge agriculture technology like hydroponics and vertical farming.
However, the market also faces difficulties. Aridity and scarcity of water resources hinder agricultural productivity, necessitating efficient irrigation and water management methods. Furthermore, it might be difficult to maintain constant quality and supply throughout the year, particularly for perishable fruits and vegetables. Additionally, there are logistical, transportation, and storage issues when certain fruits and vegetables must be imported to meet consumer demand. Important factors for market participants include minimising post-harvest losses and adhering to international quality and safety requirements.
Market Competitive Landscape
To establish a strong position in the Saudi Arabia Fruits and Vegetables Market, leading companies are employing strategies focused on non-organic growth. The key players in the Saudi Arabia Fruits and Vegetables Market include Al Rai Food Industries Est, Golden Dates Factory, Khaled Mohammad Alnuzha Dates Trading Est., Maghadi Dates Factory, Snwan Al-Nakheel for Dates Factory, Others. In recent years, Saudi Arabia has emerged as a prominent agriculture market within the GCC region. The market's growth is primarily fueled by government-led food security initiatives, a transition towards greenhouse cultivation methods, and an increasing consumer preference for nutritious dietary options. These factors are anticipated to be key drivers of market expansion in the foreseeable future.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Export Variant, By Farming Type |
| Regions covered | Al-Jawf Region, Eastern Region, Mecca Region, Tabuk Region, Medina Region, Riyadh Region, Rest of Saudi Arabia. |
| Companies Covered | Al Rai Food Industries Est, Golden Dates Factory, Khaled Mohammad Alnuzha Dates Trading Est., Maghadi Dates Factory, Snwan Al-Nakheel for Dates Factory, Others. |
COVID-19 Impact on Saudi Arabia Fruits and Vegetables Market
The COVID-19 pandemic has emphasized the importance of local production and food security in the Saudi Arabia fruits and vegetables market. Disruptions in supply chains, reduced demand from the foodservice sector, and labour shortages have posed challenges. However, the focus on health and well-being, along with the growth of online retail, has created opportunities for adaptation and innovation in the market.
Key Target Audience:
- Export Markets
- Food Processing and Manufacturing Companies
- Individual Consumers
- Restaurants and Foodservice Sector
- Supermarkets and Hypermarkets
- Wholesale and Retail Distributors
- Others
Our in-depth analysis of the Saudi Arabia Fruits and Vegetables Market includes the following segments:
| By Type |
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| By Farming Type |
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Key Topics Covered in the Report:
- Saudi Arabia Fruits and Vegetables Market Size (FY’2023-FY’2033)
- Overview of Saudi Arabia Fruits and Vegetables Market
- Segmentation of Saudi Arabia Fruits and Vegetables Market By Type (Apple, Banana, Beans, Cauliflower, Dates, Garlic, Grapefruit, Grapes, Lemon, Onion, Potato, Strawberry, Tomato, Watermelon)
- Segmentation of Saudi Arabia Fruits and Vegetables Market By Farming Type (Conventional Farming, Organic)
- Statistical Snap of Saudi Arabia Fruits and Vegetables Market
- Expansion Analysis of Saudi Arabia Fruits and Vegetables Market
- Problems and Obstacles in Saudi Arabia Fruits and Vegetables Market
- Competitive Landscape in the Saudi Arabia Fruits and Vegetables Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Fruits and Vegetables Market
- Details on Current Investment in Saudi Arabia Fruits and Vegetables Market
- Competitive Analysis of Saudi Arabia Fruits and Vegetables Market
- Prominent Players in the Saudi Arabia Fruits and Vegetables Market
- SWOT Analysis of Saudi Arabia Fruits and Vegetables Market
- Saudi Arabia Fruits and Vegetables Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Saudi Arabia Fruits and Vegetables Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Fruits and Vegetables Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Fruits and Vegetables Market
7. Saudi Arabia Fruits and Vegetables Market, By Type (USD Million)
7.1. Saudi Arabia Fruits and Vegetables Market Value Share and Forecast, By Type, 2023-20337.2. Apple7.3. Banana7.4. Beans7.5. Cauliflower7.6. Dates7.7. Garlic7.8. Grapefruit7.9. Grapes7.10. Lemon7.11. Onion7.12. Potato7.13. Strawberry7.14. Tomato7.15. Watermelon
8. Saudi Arabia Fruits and Vegetables Market, By Farming Type (USD Million)
8.1. Saudi Arabia Fruits and Vegetables Market Value Share and Forecast, By Farming Type, 2023-20338.2. Conventional Farming8.3. Organic
9. Saudi Arabia Fruits and Vegetables Market Forecast, 2019-2033 (USD Million)
9.1. Saudi Arabia Fruits and Vegetables Market Size and Market Share
10. Saudi Arabia Fruits and Vegetables Market, By Type, 2019-2033 (USD Million)
10.1. Saudi Arabia Fruits and Vegetables Market Size and Market Share by Type (2019-2026)10.2. Saudi Arabia Fruits and Vegetables Market Size and Market Share by Type (2027-2033)
11. Saudi Arabia Fruits and Vegetables Market, By Farming Type, 2019-2033 (USD Million)
11.1. Saudi Arabia Fruits and Vegetables Market Size and Market Share by Farming Type (2019-2026)11.2. Saudi Arabia Fruits and Vegetables Market Size and Market Share by Farming Type (2027-2033)
12. Saudi Arabia Fruits and Vegetables Market, By Region, 2019-2033 (USD Million)
12.1. Saudi Arabia Fruits and Vegetables Market Size and Market Share by Region (2019-2026)12.2. Saudi Arabia Fruits and Vegetables Market Size and Market Share by Region (2027-2033)12.3. Al-Jawf Region12.4. Eastern Region12.5. Mecca Region12.6. Medina Region12.7. Riyadh Region12.8. Tabuk Region12.9. Rest of Saudi Arabia
13. Company Profile
13.1. Al Rai Food Industries Est13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Golden Dates Factory13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Khaled Mohammad Alnuzha Dates Trading Est.13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Maghadi Dates Factory13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Snwan Al-Nakheel for Dates Factory13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
One of the biggest opportunities is the rising consumer demand for fresh, healthy products, which is being driven by rising health consciousness and a change in eating patterns.
Saudi Arabia Fruits and Vegetables Market is projected to reach USD 5.53 billion by 2033, growing at a CAGR of 4.72% during the forecast period.
Saudi Arabia Fruits and Vegetables Market grew in market size from 2023. The Market is expected to reach USD 5.53 billion by 2033, at a CAGR of 4.72% during the forecast period.
Saudi Arabia Fruits and Vegetables Market CAGR of 4.72% during the forecast period.
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Saudi Arabia Fruits and Vegetables Market size is USD 5.53 billion from 2023 to 2033.
Saudi Arabia Fruits and Vegetables Market Segment is Covered By Type, By Export Variant, By Farming Type
The Middle East region is anticipated to have the highest market share in Saudi Arabia Fruits and Vegetables Market.
The key players in the market include Companies Covered Al Rai Food Industries Est, Golden Dates Factory, Khaled Mohammad Alnuzha Dates Trading Est., Maghadi Dates Factory, Snwan Al-Nakheel for Dates Factory, Others.
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