Report Overview

Saudi Arabia Fruit and Vegetable Processing Market - Industry Trends & Forecast Report, 2030

The Saudi Arabia Fruit and Vegetable Processing Market size was estimated to be worth USD 780.33 million in 2023. During the forecast period between 2024 and 2030, the Saudi Arabia Fruit and Vegetable Processing Market size is projected to grow at a CAGR of 4.78%, reaching USD 1,136.18 million by 2030. Major growth factors for the Saudi Arabia Fruit and Vegetable Processing Market include rising demand for ready-to-eat food products and the adoption of advanced technologies for food processing, such as supercritical fluid technology and membrane technology. In addition, increasing investment in efficient cold chain infrastructure is anticipated to proliferate the Saudi Arabia fruit and vegetable processing market during the forecast period.

Fruit and Vegetable Processing – Overview

Processing prevents spontaneous physiological degradation and microbiological spoilage of the fruits and vegetables. The methods often involve blanching, dehydrating, freezing, fermenting, pickling, and irradiating. The most significant advantage of using advanced fruit and vegetable processing technologies is that they extend the shelf life of produce. The majority of these procedures rely on heat, as well as factors that determine how sensitive to heat fruits and vegetables are. Processed fruits and vegetables allow customers to balance convenience and nutrition, and because of their higher price points, supermarket stores value their products.

Saudi Arabia Fruit and Vegetable Processing Market

Growth Drivers

Rising Investment in Efficient Cold Storage

A cold storage room is a crucial component of the fruit and vegetable processing process since it prolongs the produce's shelf life and shields it from germs and degradation. With rising demand for processed fruits and vegetables in Saudi Arabia, the Kingdom is significantly attracting investment in cold storage infrastructure. For instance, Maersk, a shipping and logistics company based in Denmark, has signed a contract with Rafed Real Estate to open a new cold storage facility at King Abdulaziz Port in Dammam, Saudi Arabia.

Challenges

High Risk of Contamination during Processing

Fruits and vegetables are exposed to potential contamination during transportation and processing, which may limit its growth in the Saudi Arabia market. Exposure to pathogens, such as e-coli, or chemicals, such as cleaning chemicals, or other foreign objects may impact the products and lead to their spoilage, which may result in losses for the food processors. Numerous elements, including temperature, the environment in which they are placed, light, processing operations, and microbial infection, can cause stress to the products, causing them to break down or become damaged. Furthermore, stringent government regulations for the efficient and safe transport and processing of fruits and vegetables may also cause losses to the processers if the buyers reject them.

Saudi Arabia Fruit and Vegetable Processing Market

Segmental Coverage

Saudi Arabia Fruit and Vegetable Processing Market – By Type

Based on type, the Saudi Arabia Fruit and Vegetable Processing Market is split into fruits and vegetables segments. The fruits segment holds a larger share in the Saudi Arabia Fruit And Vegetable Processing Market by type. The growth of the segment is mainly attributed to the rising health consciousness among consumers and the increasing availability of organic fruits that eliminate the use of chemicals. Furthermore, canned fruits offer convenience to working adults as they eliminate the need to wash and cut them, which contributes to their market growth.

Saudi Arabia Fruit and Vegetable Processing Market – By Product

Based on product, the Saudi Arabia Fruit and Vegetable Processing Market is segmented into fresh, fresh-cut, canned, frozen, and dried. The fresh fruit and vegetable segment accounts for the highest market share. They are processed to slow down the microbial damage rate and natural physiological deterioration. Techniques like blanching, dehydrating, freezing, fermenting, pickling, and irradiating are often used to process fresh fruits and vegetables. The frozen segment also covers a substantial market share to meet the demand for off-season and exotic fruits and vegetables in the Saudi market.

Saudi Arabia Fruit and Vegetable Processing Market – By Processing Equipment

Based on processing equipment, the Saudi Arabia Fruit and Vegetable Processing Market is segmented into pre-processing, processing, washing, filling, seasoning, and packaging. The processing segment dominates the Saudi Arabia Saudi Arabia Fruit and Vegetable Processing Market. There is a wide range of fruit and vegetable processing equipment available, such as fruit processing plants, abrasive peelers fruit pulpers, and many more. The market has a strong demand for fruit processing plants. This machine processes fruits and vegetables using a steam-based heating source. It comes with typical equipment, including a temperature control section and a freeze dryer. Fresh fruits and vegetables have a longer shelf life when stored in a vegetable processing line equipped with an ozone system.

Competitive Landscape

Major players operating in the Saudi Arabia Fruit and Vegetable Processing Market include Watania Agri, Saudi Arabian Food Industries Company, Almarai Company, Desert Oasis, Najran Agricultural Development Company, Hail Agricultural Development Company, Golden Dates Factory, Khaled Mohammad Alnuzha Dates Trading Est., and Maghadi Dates Factory.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In November 2023 – The National Agricultural Development Co. (Nadec) and Del Monte Saudi Arabia announced their joint venture for the supply and processing of specific goods, including fruits and vegetables.

Scope of the Report

By Type

• Fruits

• Vegetables

By Product

• Fresh

• Fresh Cut

• Canned

• Frozen

• Dried

By Processing Equipment

• Pre-processing

• Processing

• Washing

• Filling

• Seasoning

• Packaging

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Fruit and Vegetable Processing Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Demand for Convenient and Ready-to-eat Food Products
         2. Increasing Health Consciousness
         3. Growing Population and Disposable Income
      2. Restraints
         1. High Costs and Complexities of Food Safety Regulations
         2. Risk of Food Recalls
      3.  Opportunities
         1. Rising Demand for Minimally Processed Fruits and Vegetables
         2. Increasing Focus on Food Safety
      4. Challenges
         1. Seasonality and Availability of Raw Materials
         2. High Inventory Carrying Costs
   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 Fruit and Vegetable Processing Market Marketing Strategies
5. Saudi Arabia Fruit and Vegetable Processing Market: Pricing Analysis
6. Saudi Arabia Fruit and Vegetable Processing Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Fruits
         2. Vegetables
      2. By Product
         1. Fresh
         2. Fresh cut
         3. Canned
         4. Frozen
         5. Dried
      3. By Processing Equipment
         1. Pre-processing
         2. Processing
         3. Washing
         4. Filling
         5. Seasoning
         6. Packaging
7. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Saudi Arabia Fruit and Vegetable Processing Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Escalating Geopolitical Tensions on Saudi Arabia Fruit and Vegetable Processing Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Watania Agri
   2. Saudi Arabian Food Industries Company
   3. Almarai Company
   4. Desert Oasis
   5. Najran Agricultural Development Company
   6. Hail Agricultural Development Company
   7. Golden Dates Factory
   8. Khaled Mohammad Alnuzha Dates Trading Est.
   9. Maghadi Dates Factory
   10. Other Prominent Players
10. Key Strategic Recommendations
11. 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 Fruit and Vegetable Processing Segmentation                 

Figure 2       Saudi Arabia Fruit and Vegetable Processing Market Value Chain Analysis                

Figure 3       Company Market Share Analysis, 2023         

Figure 4       Saudi Arabia Fruit and Vegetable Processing Market Size, By Value (USD Million), 2019–2030          

Figure 5       Saudi Arabia Fruit and Vegetable Processing Market Share, By Type, By Value, 2019–2030          

Figure 6       Saudi Arabia Fruit and Vegetable Processing Market Share, By Product, By Value, 2019–2030          

Figure 7       Saudi Arabia Fruit and Vegetable Processing Market Share, By Processing Equipment, By Value, 2019–2030                

List of Tables

Table 1        Saudi Arabia Fruit and Vegetable Processing Market Size, By Value (USD Million), 2019–2030 

Table 2        Saudi Arabia Fruit and Vegetable Processing Market Size, By Type, By Value, 2019–2030 

Table 3        Saudi Arabia Fruit and Vegetable Processing Market Size, By Product, By Value, 2019–2030 

Table 4        Saudi Arabia Fruit and Vegetable Processing Market Size, By Processing Equipment, By Value, 2019–2030

Table 5        Watania Agri Company Overview

Table 6        Watania Agri Financial Overview

Table 7        Saudi Arabian Food Industries Company: Company Overview

Table 8        Saudi Arabian Food Industries Company Financial Overview

Table 9        Almarai Company: Company Overview

Table 10      Almarai Company Financial Overview

Table 11      Desert Oasis Company Overview

Table 12      Desert Oasis Financial Overview

Table 13      Najran Agricultural Development Company: Company Overview

Table 14      Najran Agricultural Development Company Financial Overview

Table 15      Hail Agricultural Development Company: Company Overview

Table 16      Hail Agricultural Development Company Financial Overview

Table 17      Golden Dates Factory Company Overview

Table 18      Golden Dates Factory Financial Overview

Table 19      Khaled Mohammad Alnuzha Dates Trading Est. Company Overview

Table 20      Khaled Mohammad Alnuzha Dates Trading Est. Financial Overview

Table 21      Maghadi Dates Factory Company Overview

Table 22      Maghadi Dates Factory Financial Overview