The report provides an overview of the “Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market” industry including definitions, division, key vendors, key Development and market challenges. The Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market analysis is provided the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market including capacity, production, production value, cost/profit, supply/demand and import/export. The entire market is further distributed by company, by country, and by application/type for the competitive landscape analysis.
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The market in Saudi Arabia was valued at USD 342.0 million in 2018, and it is projected to reach USD 402.5 million by 2024, at a CAGR of 2.75% during the forecast period. The drivers identified in this market are growing government support to the sector, rapid increase in demand, and increasing sale of fish via social network platforms. The restraints identified in this market are extreme meteorological and hydrological conditions, fishing bans in the country, and decline in employment by the fisheries sector.
Scope of the Report
The report contains an analysis on various aspects of the fisheries and aquaculture sector in Saudi Arabia. The study includes the market dynamics related to the production, consumption, import, and export of fishes and invertebrates. The market has been segmented on the basis of type, with an in-depth analysis of sub-segments, such as fresh/chilled, frozen, and processed fish. The report identifies key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining competitive edge.
The Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market report also presents the vendor countryside and a corresponding detailed analysis of the major vendors operating in the market. Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Key Market Trends
Saudi Arabia Fisheries and Aquaculture Market is Segmented by Unprocessed Fish into Fresh/Chilled
The aquaculture market in Saudi Arabia is in the nascent stage of development, as compared to other Middle Eastern countries. In 2018, the fresh/chilled unprocessed fish segment in Saudi Arabia was estimated at USD 151.8 million. The segment is projected to reach USD 177.1 million by 2024, with a CAGR of 2.6% during the forecast period.
Saudi Arabia Fisheries and Aquaculture Market is Segmented by Processed Fish
Saudi Arabia is mostly dependent on the developing countries in South and Southeast Asia, South America, and Africa, toward meeting its domestic demand for fish and fish products. Processed shrimps, lobsters, caviars, and cuttlefish are mainly imported from Korea, Thailand, the Philippines, India, Pakistan, Bangladesh, Hong-Kong, Taiwan, and Argentina. According to the Saudi Society of Agricultural Sciences, as most of the seafood in the Kingdom is imported from other countries, their prices are usually high. In 2018, the market for processed fish in Saudi Arabia was estimated at USD 80.8 million, and it is projected to reach USD 101.1 million by 2024, with a CAGR of 3.8% during the forecast period.
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Reasons to Purchase this Report
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
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Detailed Table of Content of Global Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market – Growth, Trends, Forecast and Challenges (2019 – 2024)
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Trends of Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Market Dynamics of Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market
5.1.1 Increasing Production
5.1.2 Rising Demand
6. Global Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market Segmentation, By Capacity
7. Global Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market Segmentation, By Material Type
7.1 Type 1
7.2 Type 2
7.3 Type 3
8. Global Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market Segmentation, Segmented by Region
8.1 North America
8.1.1 United States
8.1.3 Rest of North America
8.2.4 Rest of Asia-Pacific
8.3.1 United Kingdom
8.3.5 Rest of Europe
8.4 Rest of the World
8.4.2 South Africa
9. Competitive Landscape and Introduction of Analysis of Fisheries and Aquaculture Sector in Saudi Arabia Market
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
10.1 Company 1
10.2 Company 2
10.3 Company 3
And Many More….
No. of Pages: – 124
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