Saudi Arabia Agribusiness Market Overview
Market Size in 2025: USD 32.5 Million
Market Forecast in 2034: USD 41.2 Million
Market Growth Rate 2026-2034: 2.70%
According to IMARC Group's latest research publication, "Saudi Arabia Agribusiness Market Size, Share, Trends and Forecast by Product, Application, and Region, 2026-2034", the Saudi Arabia agribusiness market size reached USD 32.5 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 41.2 Million by 2034, exhibiting a growth rate (CAGR) of 2.70% during 2026-2034.
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How AI is Reshaping the Future of Saudi Arabia Agribusiness Market
- AI-powered irrigation and climate-smart farming systems are helping Saudi farms cut water use by up to 30 percent while lifting yields around 20 percent, a huge win in an arid country focused on food security under Vision 2030.
- The National Smart Agriculture Program is rolling out AI and IoT across fields and greenhouses, backed by around 1 billion dollars in annual government support to boost local food production and reduce import dependence.
- Agritech platforms now use AI-driven analytics, drones, and sensors to monitor crops in real time, with Saudi Arabia’s agricultural drone market alone valued at about 115 million dollars as adoption accelerates.
- Venture capital and government-backed initiatives are channeling significant funding into AI agritech startups, with AI and agritech among the leading themes in Saudi’s emerging innovation ecosystem and digital agriculture strategy.
- NEOM and other flagship projects are piloting fully AI-driven farms that optimize every input, from seed selection to harvest timing, positioning Saudi agribusiness as a regional testbed for high-tech desert agriculture.
Saudi Arabia Agribusiness Market Trends & Drivers:
Saudi Arabia agribusiness market growth is firing on all cylinders thanks to Vision 2030's massive push for food security, with the sector pumping $31.5 billion into the GDP through over 16 million tonnes of production. The Agricultural Development Fund is dishing out up to 75% financing for greenhouses and smart irrigation, pulling in SAR 37 billion in private cash for everything from crops to livestock. Take Pure Harvest—they're cranking out hydroponic veggies using 95% less water, while SALIC's new grain silos hold 2.7 million tons to cut import risks. This mix of subsidies and tech is making farms tougher against shortages, drawing in players like NADEC for protein boosts that stabilize prices and feed the boom.
Water smarts are a game-changer in Saudi farming, where national programs slash usage by 40% via drip systems and desalination tweaks, turning deserts into veggie powerhouses. Northern spots like Al-Jouf and Hail crank out 65% of fresh produce with IoT sensors spotting issues early and solar-powered setups keeping costs down. Companies such as Topian just unveiled a 4-hectare NEOM greenhouse, the Kingdom's biggest, blending AI with climate controls for steady yields. The Sustainable Agricultural Rural Development Program ties it all together, training farmers and restoring land to fight desertification while ramping up output without draining aquifers.
Agri-tech investments are exploding, backed by over USD 1 billion from the Public Investment Fund into vertical farms and AI tools that lift productivity sky-high. Green Dunes' setups use 95% less water for a million tons of fresh goods yearly, and FarmERP's local tie-ups with Seiyaj Tech bring cloud tracking to cut waste. Vision 2030's REEF initiative hooks small farmers to markets and women-led co-ops, while deals like Brasil Foods' $160 million poultry plant with Halal Products add muscle. It's creating jobs, slashing imports for oilseeds that make up 90% of needs, and positioning Saudi as a food tech leader.
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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