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Saudi Arabia Aquaculture Market Trends:

The market is primarily driven by the rising seafood consumption in Saudi Arabia, as aquaculture production fulfills the partial domestic demand of seafood in the country. Moreover, the rising per capita income, changing lifestyles, and increasing demand for high-quality protein-rich food have also expanded the aquaculture industry. Besides this, the market is further propelled by the rising health consciousness among individuals as seafood is considered a rich source of protein, vitamins, and omega3 fatty acids.

In addition, its consumption is associated with numerous health benefits, including enhanced digestion, improved skin health, and strong metabolism. Furthermore, the government of Saudi Arabia is undertaking various initiatives to raise domestic seafood production and upgrade the infrastructure to encourage industrial sea farming in the country, which represents another growth-inducing factor.

Looking forward, IMARC Group expects the market production volume to reach 631,300 Tons by 2028, exhibiting a CAGR of 7.9% during 2023-2028.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/saudi-arabia-aquaculture-market