Report Overview

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Fruits and Vegetables Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Disposable Income
         2. Growing Health Consciousness
         3. Urbanization and Expanding Retail
         4. Shift Towards Greenhouse Farming
      2. Restraints
         1. Saudi Arabia's Climate Limits Domestic Production
         2. Water Scarcity in Saudi Arabia
         3. Seasonal Variations and Dependence on Imports can Lead to Price Fluctuations
      3. Opportunities
         1. Investment in Cold Chain Infrastructure
         2. E-commerce Platforms for Fruits and Vegetables
         3. Focus on Organic Produce
      4. Challenges
         1. Consumer Preferences for Imported Produce
         2. Subsidies and Trade Policies
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Saudi Arabia Fruits and Vegetables Market: Marketing Strategies
5. Saudi Arabia Fruits and Vegetables Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
         1. Fruits
         2. Vegetables
      2. By Type
         1. Fresh
         2. Dried
         3. Frozen
      3. By Farming Type
         1. Organic
         2. Conventional
      4. By Distribution Channel
         1. Supermarkets/Hypermarkets
         2. Grocery Stores
         3. Online
         4. Others
6. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Saudi Arabia Fruits and Vegetables Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
7. Impact of Escalating Geopolitical Tensions on Saudi Arabia Fruits and Vegetables Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Al Rai Food Industries Est
   2. Maghadi Dates Factory
   3. Golden Dates Factory
   4. Snwan Al-Nakheel for Dates Factory
   5. Nawat Al Madinah Food Industries Co. Ltd
   6. Transmed Limited Company
   7. Al-Wedyan National Company for Food Products Ltd
   8. Al Esayi Beverages Limited Company
   9. United Food Industries Co. Ltd
   10. Lulu Group International
   11. Carrefour
   12. Spar International
   13. Abdullah Al-Othaim Markets
   14. BinDawood Holding
   15. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1    Saudi Arabia Fruits and Vegetables Segmentation

Figure 2    Saudi Arabia Fruits and Vegetables Market Value Chain Analysis

Figure 3    Company Market Share Analysis, 2023

Figure 4    Saudi Arabia Fruits and Vegetables Market Size, By Value (USD Million), 2019–2030

Figure 5    Saudi Arabia Fruits and Vegetables Market Share, By Product, By Value, 2019–2030

Figure 6    Saudi Arabia Fruits and Vegetables Market Share, By Type, By Value, 2019–2030

Figure 7    Saudi Arabia Fruits and Vegetables Market Share, By Farming Type, By Value, 2019–2030

Figure 8    Saudi Arabia Fruits and Vegetables Market Share, By Distribution Channel, By Value, 2019–2030

List of Tables

Table 1        Saudi Arabia Fruits and Vegetables Market Size, By Value (USD Million), 2019–2030

Table 2    Saudi Arabia Fruits and Vegetables Market Share, By Product, By Value, 2019–2030

Table 3    Saudi Arabia Fruits and Vegetables Market Share, By Type, By Value, 2019–2030

Table 4    Saudi Arabia Fruits and Vegetables Market Share, By Farming Type, By Value, 2019–2030

Table 5    Saudi Arabia Fruits and Vegetables Market Share, By Distribution Channel, By Value, 2019–2030

Table 6        Al Rai Food Industries Est Company Overview

Table 7        Al Rai Food Industries Est Financial Overview

Table 8        Maghadi Dates Factory Company Overview

Table 9        Maghadi Dates Factory Financial Overview

Table 10      Golden Dates Factory Company Overview

Table 11      Golden Dates Factory Financial Overview

Table 12      Snwan Al-Nakheel for Dates Factory Company Overview

Table 13      Snwan Al-Nakheel for Dates Factory Financial Overview

Table 14      Nawat Al Madinah Food Industries Co. Ltd Company Overview

Table 15      Nawat Al Madinah Food Industries Co. Ltd Financial Overview

Table 16      Transmed Limited Company - Company Overview

Table 17      Transmed Limited Company Financial Overview

Table 18      Al-Wedyan National Company for Food Products Ltd Company Overview

Table 19      Al-Wedyan National Company for Food Products Ltd Financial Overview

Table 20      Al Esayi Beverages Limited Company - Company Overview

Table 21      Al Esayi Beverages Limited Company Financial Overview

Table 22      United Food Industries Co. Ltd Company Overview

Table 23      United Food Industries Co. Ltd Financial Overview

Table 24      Lulu Group International Company Overview

Table 25      Lulu Group International Financial Overview

Table 26      Carrefour Company Overview

Table 27      Carrefour Financial Overview

Table 28      Spar International Company Overview

Table 29      Spar International Financial Overview

Table 30      Abdullah Al-Othaim Markets Company Overview

Table 31      Abdullah Al-Othaim Markets Financial Overview

Table 32      BinDawood Holding Company Overview

Table 33      BinDawood Holding Financial Overview

Table 34      Other Prominent Players Company Overview

Table 35      Other Prominent Players Financial Overview