Page 7 - AWA Vol.42-No7 issue

SAUDI AGRICULTURE EXHIBITION 2026

Saudi Arabia had the Fastest Growing Economy

among G20 countries in 2022 and GDP $1.108 Trillion.

$70 Billion $30.68 Billion
Agri Investments by 2030. Food & Beverage Market Growth. $18.01 Billion
Saudi Poultry Market Expansion…
Saudi Arabia has a growing food The Saudi Arabian food & bever-
production, manufacturing, and pro- age market led by agri food is val- The poultry market in Saudi Ara-
cessing sector. The sector is bene- ued at $28.8 Billion and is projected bia is one of the largest and fastest
fiting from population and income to register a CAGR of 3.22% during growing. It is projected to reach of
growth, lifestyle changes, govern- the next five years to reach $29.73 $17.3 Billion in 2024. With a project-
ed growth rate of 4.11% over the next
ment support, and favorable trade Billion in 2024 and $30.68 in 2025. 5 years the market will reach $18.01
agreements. Investments in the sec- The specialist market is flourishing Billion in 2025, and $18.75 Billion by
tor are expected to reach $70 billion owing to an increasing demand for 2026. The high-growth sector pres-
by the end of 2030, up from $44 bil- convenience food. ents multiple opportunities to pro-
lion in 2016. vide farm buildings and equipment,
feeds, packaging and processing
equipment, veterinary and logistics
services.

$16.80 Billion Agri Food Market

$17.3 Billion The local agri food market is pro-
Agricultural Development Loans. jected to amount to $16.26 Billion.
An annual growth rate of 3.56% is ex- $1 Billion
The Agricultural Development pected, resulting in a value of $16.84 Egg Market Expansion
Fund approved financing instru- Billion by 2025. The import value in
ments for technology purchases and the agriculture market is projected Saudi Arabia is self-sufficient in the
imports, farming operations and oth- to amount to $7.24 Billion in 2024 production of eggs. $1 Billion in egg
er investments totaling $17.3 Billion and $7.63 Billion by 2025 at an annu- production will be reached by 2025
with production growth annually by
over the last fiscal year. The big win- al growth rate of 5.29%. 3.95% (CAGR 2023-2028). The sur-
ners were the poultry, greenhouse plus of egg production is exported
and aquaculture sectors.
mainly to GCC countries. Opportuni-
ties for feeds, poultry houses, health
services, processing and packing as
well as cold-chain logistics are driv-
ing sector expansion.

4.5 Million
Livestock Heads Growth
Saudi Arabia’s livestock production is
expected to reach 4.5 million heads by
2026. Due to agricultural investments
in livestock rearing coupled with new
technologies, significant growth op-
portunities exist in livestock farming,
feeds, equipment, veterinary services,
farm buildings and more are required
for the expansion.

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