Aquaculture involves the breeding, rearing and harvesting of marine animals and aquatic plants in a controlled ecosystem to optimize utilization of farm resources, augment farm production, generate employment, produce adequate food, and dispose of agricultural waste. In Saudi Arabia, aquaculture has become an important source of food as the health-conscious population is increasingly becoming aware of the health benefits of consuming protein-rich meat, which is boosting the growth of the kingdomβs Aquaculture market. Besides, the country is involved with the seafood trade of aquatic organisms like fish, molluscs, crustaceans and other aquatic flora that is promoting the growth of the Saudi Arabia aquaculture market.
Moreover, rising e-commerce channels offering seafood varieties, rising personal disposable incomes of the population and growing urbanization in the country are propelling the demand for Saudi Arabia aquaculture market during the forecast period. Saudi Arabia Aquaculture market is expected to grow at a formidable CAGR during the forecast period, 2023-2027. Changing food consumption habits and expanding retail food chains offering varieties of seafood in the country are some of the driving factors attributing to the growth of Saudi Arabia aquaculture market.
For more information on the aforementioned market, please visit Saudi Arabia Aquaculture market
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