Saudi Arabia Vegetable Seeds market revenue is projected to grow at a CAGR of 10.3% from 2023-2029.

The tomato segment by types generated the maximum revenue share in Saudi Arabia Vegetable Seeds Market – 6Wresearch

In the Saudi Arabia vegetable seed market in 2022, tomato seeds played a significant role in generating revenue. This could be attributed to the substantial growth in local tomato production, which increased from 598.8 thousand tonnes in 2020 to 658,000 tonnes in 2022. Furthermore, companies are making investments in advanced technologies to enhance domestic tomato production within the country. For instance, the Greenhouse Horticulture Business Unit of Wageningen University & Research (WUR) employed targeted watering techniques to boost local tomato production, subsequently driving up the demand for tomato seeds in the nation.

According to 6Wresearch, Saudi Arabia Vegetable Seeds market revenue is projected to grow at a CAGR of 10.3% from 2023-2029. Saudi Arabia’s vegetable seeds market is growing on the account of country’s aim of becoming self-dependent in the local production of vegetable crops. The country’s growing population which is expected to rise from 32.2 million in 2022 to 50 million by 2030 would be creating more demand for vegetables and other food products. Therefore, to cater to this demand initiatives such as bringing together 3,000 farms to elevate the production of vegetable crops with the implementation of new farming technologies and the establishment of desalination plants infrastructure would fuel the demand for vegetable seeds in the coming years. Additionally, the nation would witness a horticulture infrastructure of 110,000 square meters worth $120 million in the future city, NEOM along with the government’s investment of around $1 billion in the greenhouse infrastructure by 2025. Such factors would further enhance farming activities and hence, drive the demand for vegetable seeds during the forecast period.

According to Shivankar, Research Manager, 6Wresearch, in the market, open field segment by cultivation mechanism dominated the market and it is expected to dominate it in the years to come due to its rising demand.

The Saudi Arabia Vegetable Seeds Market (2023-2029) report provides an in-depth analysis with 12 figures and 2 tables, covered 63 pages. The report comprehensively covers the market by types, and cultivation mechanism. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.