Saudi Arabia Shrimp Market Report 2025-2033 | Industry Size, Growth and Latest Insights

Saudi Arabia Shrimp Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 3.8% (2025-2033)

Market Size in 2024: USD 267.5 Million

Market Forecast in 2033: USD 384.0 Million

The market is experiencing significant growth, driven by increasing seafood consumption, health awareness, and government support for aquaculture development. According to the latest Saudi Arabia shrimp market report by IMARC Group, the market size reached USD 267.5 million in 2024 and is projected to reach USD 384.0 million by 2033, exhibiting a CAGR of 3.8% during 2025-2033.

Saudi Arabia Shrimp Market Trends and Drivers

The market in Saudi Arabia is primarily driven by the increasing domestic consumption due to rising health consciousness and shifting dietary preferences towards protein-rich seafood. Government initiatives promoting aquaculture under Saudi Vision 2030 have significantly boosted shrimp farming projects and local production capacity. The expansion of advanced aquaculture technologies, including bio floc and recirculating aquaculture systems, has enhanced production efficiency and sustainability. Growing export opportunities, particularly to key markets in Asia and Europe, are fuelling industry growth. The rising presence of international seafood brands and investments in cold chain logistics have improved market accessibility. Additionally, increased demand from the hospitality and food service industry, particularly in high-end restaurants and hotels, is contributing to market expansion. The development of integrated supply chains and modern retail distribution networks has further supported shrimp availability. Apart from this, consumer preference for organic and antibiotic-free shrimp products is driving innovation in sustainable aquaculture practices.

The scope of the market in Saudi Arabia is expanding as shrimp production diversifies, broadening market scope through the adoption of eco-friendly aquaculture methods and technological advancements in breeding and disease control. As per the market analysis, rising investments in large-scale shrimp farming projects along the Red Sea coastline are strengthening domestic supply chains and reducing reliance on imports. Growth opportunities are emerging in value-added shrimp products, including frozen, pre-cooked, and marinated shrimp, catering to convenience-focused consumers. The increasing penetration of e-commerce platforms and online seafood retail is providing new sales channels and expanding consumer reach. Additionally, regulatory support for sustainable fisheries and responsible aquaculture is fostering industry innovation and long-term market stability. The expansion of halal-certified seafood exports is further opening global trade opportunities. With continued advancements in aquaculture efficiency, improved processing facilities, and growing international demand, the Saudi Arabia shrimp market is well-positioned for sustained growth and economic contribution.

Saudi Arabia Shrimp Market Segmentation

The market report offers a comprehensive analysis of the segments, highlighting those with the largest market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments:

• Environment:
  • Farmed Shrimp
  • Wild Shrimp
• Species:
  • Penaeus Vannamei
  • Penaeus Monodon
  • Macrobrachium Rosenbergii
  • Others
• Shrimp Size:
  • <21
  • 21-25
  • 26-30
  • 31-40
  • 41-50
  • 51-60
  • 61-70
  • 70
• Distribution Channel:
  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Hotels and Restaurants
  • Online Sales
  • Others
• Region:
  • Northern and Central Region
  • Western Region
  • Eastern Region
  • Southern Region

For an in-depth analysis, you can refer to a sample copy of the report:

https://www.imarcgroup.com/saudi-arabia-shrimp-market/requestsample

Competitive Landscape

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Key highlights of the report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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 provide 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.

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