Saudi Arabia Agribusiness Market Trends, Growth Report and Forecast 2025-2033

Saudi Arabia Agribusiness Market Overview

Market Size in 2024: USD 31.6 Million

Market Size in 2033: USD 40.6 Million

Market Growth Rate 2025-2033: 2.84%

According to IMARC Group's latest research publication, "Saudi Arabia Agribusiness Market Size, Share, Trends and Forecast by Product, Application, and Region, 2025-2033", The Saudi Arabia agribusiness market size reached USD 31.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 40.6 Million by 2033, exhibiting a growth rate (CAGR) of 2.84% during 2025-2033.

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How AI is Reshaping the Future of Saudi Arabia Agribusiness Market

• AI-powered precision agriculture in Saudi Arabia improves crop yield by 20%, optimizing irrigation and reducing water waste by 30%, crucial for the desert climate’s sustainability.
• Government-backed programs with tech partnerships accelerate AI use in farming, enhancing pest control, soil health monitoring, and efficient crop management across vast agricultural lands.
• AI-integrated drones and IoT sensors enable real-time crop health tracking, decreasing labor costs by up to 40%, while reducing crop losses through early disease and pest detection.
• Saudi agribusiness companies adopt AI-driven supply chain analytics, improving logistics efficiency, cutting food waste, and supporting the country’s goal to boost domestic food production.
• The Saudi Agricultural Development Fund’s $220 million investment in high-tech greenhouses uses AI to control environmental factors, increasing productivity and enabling year-round farming in harsh conditions.

Saudi Arabia Agribusiness Market Trends & Drivers:

Saudi Arabia’s agribusiness market growth is largely driven by the government’s aggressive Vision 2030 reforms which aim to diversify the economy and enhance food security. Public and private sector investments, including over SAR 37 billion ($9.8 billion) in private funding in 2024, support projects across crop cultivation, livestock, fisheries, and processing. Programs like the Sustainable Agricultural Rural Development Program optimize productivity while conserving natural resources, reflecting a strong policy push toward sustainability and innovation in agriculture.

The adoption of advanced agricultural technologies is reshaping Saudi agribusiness, tackling water scarcity and desert climate challenges through precision agriculture, hydroponics, aquaponics, vertical farming, and climate-controlled greenhouses. The integration of AI, IoT sensors, and data analytics enables efficient water use, early pest detection, and yield prediction. For example, intelligent irrigation systems have significantly reduced water consumption, a critical factor given Saudi Arabia’s limited water resources, helping boost crop production in arid regions.

Rising demand for food security and local food production is another key driver, influenced by population growth and increasing per capita income. Markets for poultry, dairy, fruits, and vegetables are expanding as the government promotes self-sufficiency, reducing imports, and stabilizing food prices. The Agricultural Development Fund has increased its loan approvals to SAR 7.4 billion ($2 billion), backing strategic projects that strengthen the entire agricultural value chain from farming to distribution, supporting the nation’s long-term food security goals.

Saudi Arabia Agribusiness Industry Segmentation:

The report has segmented the market into the following categories:

Product Insights:

• Grains and Cereals 
• Dairy 
• Oilseeds 
• Livestock 
• Others 

Application Insights:

• Agrichemicals 
• Seed Business
• Breeding 
• Machinery and Equipment

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Agribusiness Market

• 2025 September: Introduction of AI-powered drones and IoT sensors accelerated precision farming, reducing labor costs by 40% and improving early pest and disease detection.
• 2025 May: Saudi Agricultural Development Fund invested $220 million in high-tech greenhouses, integrating AI for optimized environmental control and year-round crop production.
• 2025 February: Saudi Ministry launched a collaborative AI initiative with tech firms to enhance soil health monitoring and sustainable water management across arid farming regions.

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