Report Overview

A spurring demand for organic produce driven by growing health awareness, the government’s supportive initiatives for agricultural development, adoption of advancements in farming technology, and rising disposable incomes are expected to boost the growth of Saudi Arabia Fruits and Vegetables Market during the forecast period between 2024 and 2030.

Saudi Arabia Fruits and Vegetables Market – Industry Trends & Forecast Report, 2030

Saudi Arabia Fruits and Vegetables Market size by value was estimated at USD 2.20 Billion in 2023. During the forecast period between 2024 and 2030, Saudi Arabia Fruits and Vegetables Market size is expected to expand at a CAGR of 5.01% reaching a value of USD 3.05 Billion by 2030. Saudi Arabia Fruits and Vegetables Market is driven by rising health consciousness among consumers, government initiatives to enhance domestic agricultural production, and advancements in irrigation and farming technologies. Increasing urbanization and disposable incomes boost demand for diverse and high-quality produce. Additionally, the growing preference for organic and locally sourced products, coupled with expanding retail and distribution networks, further propels market growth. Efforts to reduce food import dependency and improve food security also significantly contribute to the market's expansion.

Fruits and Vegetables Market – Overview

Fruits and vegetables are essential components of a healthy diet, offering a rich source of vitamins, minerals, and dietary fiber. They come in various forms, including fresh, frozen, canned, and dried. Fruits, such as apples and berries, are typically sweet and high in vitamins like Vitamin C. Vegetables, like spinach and carrots, provide vital nutrients and antioxidants. Consuming a diverse range of fruits and vegetables supports overall health, aids in digestion, and helps prevent chronic diseases.

Saudi Arabia Fruits and Vegetables Market    

Growth Drivers

Shift Toward Greenhouse Farming

Saudi Arabia Fruits and Vegetables Market is experiencing growth, due to a significant shift towards greenhouse farming. The method optimizes water usage and extends growing seasons, enabling year-round production despite the country's harsh climate. Advanced technologies in climate control and hydroponics are further enhancing yields and quality. Government initiatives and investments in sustainable agriculture are also supporting this transition, aiming to reduce reliance on imports and ensure food security.

Challenges

Water Scarcity in Saudi Arabia

Water scarcity in Saudi Arabia significantly impacts the Fruit and Vegetable Market. Limited freshwater resources and arid climate conditions make irrigation a challenge, leading to increased dependence on desalination and imported produce. These factors drive up production costs and prices, affecting market stability. Government initiatives focus on sustainable agricultural practices and advanced irrigation technologies to mitigate these issues and ensure a stable supply of fruits and vegetables to meet the growing demand.

Impact of Escalating Geopolitical Tensions on Saudi Arabia Fruits and Vegetables Market    

Russia-Ukraine war has significantly impacted Saudi Arabia Fruits and Vegetables Market, leading to increased transportation costs, shortages of fertilizers, and higher prices. Sanctions and trade restrictions have forced Saudi Arabia to seek alternative suppliers, affecting market dynamics. To address this, the country is accelerating agricultural initiatives to boost local production and reduce import dependency.

Saudi Arabia Fruits and Vegetables Market

Segmental Coverage    

Saudi Arabia Fruits and Vegetables Market – By Product

By product, Saudi Arabia Fruits and Vegetables Market is split into Fruits and Vegetables segments. The fruits segment holds a larger size in Saudi Arabia Fruits and Vegetables Market. The segment’s dominance is driven by the high demand for a variety of fruits, including dates, citrus fruits, and watermelons, which are staple foods in the Saudi diet. The Kingdom's favorable climate for fruit cultivation and significant investment in agricultural technology further boost this segment, making fruits the leading category in the market.

Saudi Arabia Fruits and Vegetables Market – By Type

On the basis of type, Saudi Arabia Fruits and Vegetables Market is divided into Fresh, Dried, and Frozen segments. The fresh segment is the largest type in Saudi Arabia Fruits and Vegetables Market, due to the strong consumer preference for fresh produce due to its perceived higher nutritional value and better taste. Additionally, the demand for fresh fruits and vegetables is bolstered by the country's efforts to promote healthier eating habits and the increasing availability of fresh produce through modern retail channels, including supermarkets and hypermarkets.

Saudi Arabia Fruits and Vegetables Market – By Farming

Based on farming, Saudi Arabia Fruits and Vegetables Market is split into Organic and Conventional segments. The conventional segment holds a larger share in Saudi Arabia Fruits and Vegetables Market, due to lower prices compared to organic produce, wider availability, and consumer familiarity. Conventional farming methods are more established and can yield higher quantities, making conventional fruits and vegetables more accessible to the general population. The organic segment, while growing, still represents a smaller portion of the market due to higher costs and limited supply.

Competitive Landscape

Key players in the highly competitive Saudi Arabia Fruits and Vegetables Market include Al Rai Food Industries 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, United Food Industries Co. Ltd, Lulu Group International, Carrefour, Spar International, Abdullah Al-Othaim Markets, and BinDawood Holding. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product

• Fruits

• Vegetables

By Type

• Fresh

• Dried

• Frozen

By Farming Type

• Organic

• Conventional

By Distribution Channel

• Supermarkets/Hypermarkets

• Grocery Stores

• Online