
Saudi Arabia Agritech Market Overview
Market Size in 2024: USD 246.96 Million
Market Size in 2033: USD 628.66 Million
Market Growth Rate 2025-2033: 10.94%
According to IMARC Group's latest research publication, "Saudi Arabia Agritech Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Saudi Arabia agritech market size was valued at USD 246.96 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 628.66 Million by 2033, exhibiting a CAGR of 10.94% during 2025-2033.
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Saudi Arabia Agritech Market Trends & Drivers:
Saudi Arabia's agritech market is experiencing robust growth driven by substantial government investments in cutting-edge agricultural technologies like hydroponics, vertical farming, and controlled-environment agriculture to enhance food security and reduce dependence on imports. The Kingdom's Vision 2030 initiative has positioned agricultural technology as a strategic priority, with organizations like the Ministry of Environment, Water and Agriculture leading research grants, agritech accelerators, and fostering collaborations between industry and academia across major cities.
The focus on water-efficient agritech technologies is a prominent trend shaping the industry landscape. With the Kingdom's semi-arid climate and limited freshwater resources, there is increasing emphasis on innovations that reduce water usage while maximizing crop yields. Technologies like drip irrigation, hydroponics, and aeroponics are gaining momentum, particularly in agricultural regions like Al-Qassim and Riyadh, where advanced farming methods are being implemented to achieve sustainable production goals.
The expansion of controlled-environment agriculture (CEA) is revolutionizing Saudi Arabia's farming sector, with technologies such as vertical farming, climate-controlled greenhouses, and indoor agriculture systems being adopted in urban locations like Jeddah and Dammam. These solutions provide consistent growing conditions regardless of external weather, perfectly suited to the Kingdom's arid, hot climate. The government's commitment to allocate over USD 1 billion to enhance plant resources and greenhouses by 2025 demonstrates the sector's strategic importance in achieving food security and self-sufficiency goals.
Saudi Arabia Agritech Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
Application Insights:
Breakup by Region:
Recent News and Developments in Saudi Arabia Agritech Market
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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