This document is a market research report on the shrimp market in Saudi Arabia. It is written for seafood industry professionals, investors, and business strategists. The report opens with the market valuation, stating it was worth around USD 277.77 million in 2025 and is projected to reach USD 384.76 million by 2034. It then examines key growth drivers, including aquaculture investment under…
This document is a market research report on the shrimp market in Saudi Arabia. It is written for seafood industry professionals, investors, and business strategists. The report is published by Nexdigm and titled "KSA shrimp market outlook to 2035."
The report opens with the market valuation, stating it was worth around USD 277.77 million in 2025 and is projected to reach USD 384.76 million by 2034. It identifies key growth drivers including aquaculture investment under Saudi Vision 2030, rising foodservice and hospitality demand, and expanding retail and home cooking channels.
The text covers government initiatives supporting domestic seafood production, such as aquaculture licensing, infrastructure development, and investment incentives. It also describes the competitive landscape, which includes domestic aquaculture companies, importers, seafood processors, wholesalers, hypermarkets, restaurants, hotels, and foodservice distributors.
Market challenges addressed include harsh climate conditions, farm management risks, import competition, and price sensitivity. The future outlook section projects steady long-term growth and identifies opportunities in domestic farmed shrimp, frozen retail products, ready-to-cook formats, premium foodservice supply, and certified seafood.
The report includes analysis by shrimp species, covering farmed shrimp penetration, wild-caught shrimp utilization, import dependency, and species consumption preference. It also analyzes by product form, including ready-to-cook penetration, frozen seafood utilization, and foodservice demand. Contact details for Nexdigm are provided at the end.