(MENAFN- IMARC Group) Saudi Arabia seafood market size reached USD 3.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.3 Billion by 2033 , exhibiting a growth rate (CAGR) of 2.5% during 2025-2033 . The seafood market in Saudi Arabia is experiencing steady transformation, driven by increasing health consciousness, strategic Vision 2030 initiatives, expanding retail channels, and significant technological advancements in aquaculture.

Key Highlights

• Market size (2024): USD 3.3 billion
• Forecast (2033): USD 4.3 billion
• CAGR (2025-2033): 2.5%
• Rising health consciousness driving premium seafood consumption
• Government's Vision 2030 targeting 600,000 tons aquaculture production
• Key companies operating in the Saudi Arabia seafood market include Almunajem Foods, Arab Fisheries Co., IZAFCO LLC, National Aquaculture Group, Shell Fisheries Company W.L.L., and others.

Grab a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-seafood-market/requestsample

How Is Technology Transforming the Saudi Arabia Seafood Market?

• Advanced Aquaculture Systems : Recirculating Aquaculture Systems (RAS) and automated feeding technologies boost production efficiency and sustainability across Saudi fish farms.
• Smart Cold Chain Logistics : Sophisticated refrigeration and transportation systems ensure fresh seafood reaches urban centers like Riyadh from coastal Red Sea regions with optimal quality preservation.
• Genetic Enhancement Programs : Scientific breeding improvements develop robust seafood species adapted to local conditions, supporting the $4 billion National Fisheries Development Programme investments.
• Processing Innovation : Advanced freezing, canning, and processing techniques maintain nutritional value while extending shelf life, meeting growing consumer demand for convenient seafood products.
• Digital Distribution Platforms : E-commerce growth and online grocery platforms make diverse seafood varieties accessible to consumers nationwide, expanding market reach significantly.

Saudi Arabia Seafood Market Trends and Drivers

• Health & Wellness Focus: Growing consumer awareness of seafood's high protein, omega-3 fatty acids, and nutritional benefits driving dietary shifts toward healthier options
• Vision 2030 Aquaculture Expansion: Government initiatives targeting 600,000 tons production by 2030 with $4B investments in sustainable aquaculture infrastructure and technology
• Economic Diversification Strategy: Reducing oil dependency through enhanced local seafood production, cutting import reliance and boosting food security
• Rising Disposable Income: Higher incomes and growing expatriate population increasing demand for premium seafood in restaurants, hotels, and retail outlets
• Tourism & Hospitality Growth: Expanding tourism industry and international events driving demand for high-quality seafood in hospitality sector

Saudi Arabia Seafood Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

• Fish (Tilapia, Grouper, Hammour)
• Shrimp
• Others

Form Insights:

• Fresh / Chilled
• Frozen / Canned
• Processed

Distribution Channel Insights:

Off-trade:

• Convenience stores
• Online channels
• Supermarkets and hypermarkets
• Others

On-trade:

• Restaurants
• Hotels
• Cafes
• Catering services

Regional Breakdown:

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players including:

• Almunajem Foods
• Arab Fisheries Co.
• IZAFCO LLC
• National Aquaculture Group
• Shell Fisheries Company W.L.L.

Ask analyst for customized report: https://www.imarcgroup.com/request?type=report&id=14036&flag=E

Recent News and Developments in Saudi Arabia Seafood Market

• August 2021: Ministry of Environment, Water, and Agriculture (MEWA) announced Vision 2030 program to boost aquaculture production to 600,000 tons by 2030 with significant technology and infrastructure investments.
• 2021: Saudi Food and Drug Authority (SFDA) launched educational campaign promoting seafood consumption benefits for balanced diets and chronic disease prevention.
• 2024: National Fisheries Development Programme secured $4 billion investment commitments for aquaculture sector expansion under Kingdom's economic diversification strategy.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales[@]imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302

MENAFN26082025004122016232ID1109975339