Saudi Arabia Fruits And Vegetables Market Size By Production Type (Dates, Onion, Potato, Tomato), By Export Variant (Dates, Onion, Potato, Tomato), By Farming Type (Organic, Conventional Farming or Inorganic Farming) And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Saudi Arabia Fruits And Vegetables Market Size And Forecast
Saudi Arabia Fruits and Vegetables Market size was valued at USD 13.56 Billion in 2024 and is projected to reach USD 18.99 Billion by 2031, growing at a CAGR of 4.30% from 2024 to 2031.
Growing Disposable incomes, an increase in health concerns and rapid urbanization are the key market drivers for this sector. The Saudi Arabia report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Saudi Arabia Fruits And Vegetables Market Definition
The Kingdom of Saudi Arabia covers approximately 20 Lakh Sq. Km. area. Saudi Arabia has mild Winters and very hot Summers. The average rainfall throughout the year is not more than 100 MM. In the southwestern mountains of Asir, there is frequent rainfall in summer. Irrigation facilities are there but they are carried out from tube wells. Water is derived from the Natural Springs in the Hopeful Region. For water conservation, Dams have been built in many places.
The need to reduce the dependence on oil exports along with the necessity to reduce the dependence on foreign countries for food imports has led the country to focus more on Agricultural Growth. Because of the government’s encouragement. the cultivation land increased from 435000 hectares in 1980 to 1.5 Million Hectors in 1990. Major crops in the country cultivated include cereals (wheat, sorghum, barley, and millet), vegetables (tomato, watermelon, eggplant, potato, cucumber, and onions), and fruits (date-palm, citrus, and grapes).
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Saudi Arabia Fruits And Vegetables Market Overview
In 2019, Saudi Arabia's GNI per capita hit $22840, a jump from $21610 in 2018, according to World Bank data. That's a 5.55% increase! And get this, inflation was actually negative, at -2.093%. So, incomes rose more than prices fell, meaning people likely had more cash to spend. This extra money seems to have fueled a taste for the finer things, which could be a reason we're seeing more Fruits and Vegetables being consumed in Saudi Arabia. Plus, like many countries focusing on better healthcare, Saudi Arabia is investing big in its health infrastructure. They're even letting private companies in on the action and have launched Health insurance schemes for both foreign workers and citizens. This growing focus on health is definitely influencing what people are eating, too.
So, back in April 2021 (the 27th, to be exact), Arab News reported that Saudi Arabia had put a stop to all fruit and veggie imports from Lebanon. Apparently, some bad actors were trying to sneak drugs into the shipments. We're talking about a $24 million-a-year trade here, so Saudi Arabia's now going to have to rely on its own resources. Health concerns were the main driver behind this decision, which is obviously a big deal for the market. Now, shifting gears to Qatarthey barely get any rain – only about 100mm a year. Plus, it's super hot and humid, though they do have mild winters. All that makes farming pretty tough; it's the biggest obstacle they face. But, they're working on it! They're investing in things like advanced irrigation, dams, and the right fertilizers to hopefully boost their agricultural output.
Saudi Arabia Fruits And Vegetables Market Segmentation Analysis
The Saudi Arabia Fruits And Vegetables Market is Segmented on the basis of Production Type, Export Variant, and Farming Type.
Saudi Arabia Fruits And Vegetables Market, By Production Type
Dates
Onion
Potato
Tomato
Garlic
Cauliflower
Beans
Lemon
Apple
Banana
Grapes
Grapefruit
Strawberry
Watermelon
Based on Production Type, the market is segmented into Dates, Onion, Potato, Tomato, Garlic, Cauliflower, Beans, Lemon, Apple, Banana, Grapes, Grapefruit, Strawberry, and Watermelon. Among the variants, Dates have the highest demand. Dates grown here are extremely good quality and they are juicy with a luscious taste. These dates are culturally very important. Dates are used during Ramadan fasting and Islamic culture. That is why Dates are of high importance in Saudi.
Saudi Arabia Fruits And Vegetables Market, By Export Variant
Dates
Onion
Potato
Tomato
Garlic
Cauliflower
Beans
Lemon
Apple
Banana
Grapes
Grapefruit
Strawberry
Watermelon
Based on Export Variant, the market is segmented into Dates, Onion, Potato, Tomato, Garlic, Cauliflower, Beans, Lemon, Apple, Banana, Grapes, Grapefruit, Strawberry, and Watermelon. Among the variants, Dates has the highest export. Dates grown here are extremely good quality and they are juicy with a luscious taste. These dates are culturally very important. Dates are used during Ramadan fasting and Islamic culture. That is why Dates are a highly important item among exports in Saudi.
Saudi Arabia Fruits And Vegetables Market, By Farming Type
Organic
Conventional Farming or Inorganic Farming
Based on Farming Type, the market is segmented into Organic and Conventional Farming or Inorganic Farming. Among the two types of Farming, Organic Farming is the fastest growing because of its demand worldwide. Also, the country is becoming incessantly becoming health conscious. So, the demand for Organic Foods is increasing day by day. However, still Conventional Farming has the highest market share because of its prevalence for a long time.
Key Players
The “Saudi Arabia Fruits and Vegetables Market” study report will provide valuable insight with an emphasis on the market. The major players are AL RAI FOOD INDUSTRIES EST, KHALED MOHAMMAD ALNUZHA DATES TRADING EST., MAGHADI DATES FACTORY, GOLDEN DATES FACTORY, SNWAN AL-NAKHEEL FOR DATES FACTORY, NAWAT AL MADINAH FOOD INDUSTRIES CO. LTD, TRANSMED LIMITED COMPANY, AL – WEDYAN NATIONAL COMPANY FOR FOOD PRODUCTS LTD, AL ESAYI BEVERAGES LIMITED COMPANY, and UNITED FOOD INDUSTRIES CO. LTD.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Saudi Arabia Fruits And Vegetables, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
AL RAI FOOD INDUSTRIES EST, KHALED MOHAMMAD ALNUZHA DATES TRDING EST., MAGHADI DATES FACTORY, GOLDEN DATES FACTORY, SNWAN AL-NAKHEEL FOR DATES FACTORY
SEGMENTS COVERED
By Production Type
By Export Variant
By Farming Type
CUSTOMIZATION SCOPE
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
Research Methodology of Market Research
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Reasons to Purchase this Report
We dig into the market using both number-crunching (quantitative) and understanding the "why" (qualitative), breaking it down by economic and non-economic factors. You'll get market value data in USD Billion for every slice and dice of the market. We'll point out the region and segment we expect to see grow the fastest and which one will be the top dog. Our geographical analysis highlights where the product/service is being used the most and what's influencing the market in each area. We've mapped out the competitive scene, ranking the big players and noting any new service/product launches, partnerships, expansions, and acquisitions from the last five years. Speaking of players, we've got detailed company profiles with overviews, insights, product comparisons, and SWOT analyses. We'll give you a peek at the current and future state of the industry, highlighting growth opportunities, what's driving things forward, and the hurdles that both up-and-coming and established regions face. Plus, we'll use Porter's five forces to really get under the market's skin. We also give you the Value Chain lowdown to better understand the market, and a look at market dynamics along with growth possibilities in the years ahead. Oh, and you get 6-month post-sales analyst support too!
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