Riyadh, the capital city of Saudi Arabia has made giant strides in the Agricultural sector and is among the largest in the MENA Region. The country’s investments are bound to increase more than $70 Billion by 2030. Saudi Arabia’s Agriculture Sector has always been a major contributor to the phenomenal growth of the country’s GDP.
The Evolution of Saudi Arabia’s Agricultural Sector
Agriculture investments in Saudi Arabia have focused majorly on food production, manufacturing and in the processing sector. This sector has created a surplus in income with lifestyle changes, governments support and favourable trade agreements.
Saudi Arabia has stepped up its agricultural production using advanced techniques in cultivation and providing better irrigation facilities. The use of drones and aerial imaging has been among the latest advancements bettering agricultural efficiency.
Drones help in farm mapping, aerial crop health monitoring, soil assessment, crop spraying, irrigation, inspection and other agricultural operations. Farming requires continuous supervision, ensuring that every crop is grown scientifically with no harmful diseases affecting the cultivated crops.
Foreign investments have greatly transformed the agricultural sector in Saudi Arabia. Business enterprises led by foreign investors have established Controlled Environment Agriculture (CEA) farms that have contributed to the surplus production of food, and enhanced food security measures. Innovative farming techniques regulate the growing environment.
Measures to control crop disasters like temperature variations, humidity controls, carbon dioxide levels, light and nutrient concentration have yielded higher food production by controlling pests and reducing plant diseases. The steps have enabled the investors to maximise profits in their venture.
Exploring Business Opportunities in Saudi Arabia’s Agriculture Industry
With the Ministry of Environment, Water & Agriculture launching four new projects in the agricultural cities of Makkah region, the Saudi Arabia’s Agriculture sector opportunities have increased manifold. These projects include vegetable and crop production, fruit tree cultivation, and the creation of a specialized laboratory for growing seedlings.
This move aligns with the ministry’s goals, plans, and strategies, focusing on enhancing food security, supporting sustainable development, and advancing the agricultural sector.
The agriculture business market in Saudi Arabia has been growing fast with rising demands on agriculture. The main reasons behind this development are:
- Changing consumption patterns of consumers and increasing awareness about food origin and sources
- The migration of rural communities to urban areas
- The increased presence of superstores, hypermarkets, and a growing restaurant and F&B market.
Agriculture business opportunities in Saudi Arabia are also the outcome of various cross-industry technologies like:
- Internet of Things (IoT): IoT will allow correlations of structured and unstructured data to provide insights into agricultural food production in future by applying machine learning to agricultural-management systems.
- Automation of skills and workforce: As the rural workforce shrinks by moving to urban centers, new technologies are developed and integrated to ease farming processes and workload.
- Data-driven farming: Weather, types of seeds, soil quality, types of diseases, historical data, marketplace trends, and prices will all be data-driven, thereby driving agriculture intelligently.
How Helpline Group Helps in Investing in the Agricultural Sector of Saudi Arabia?
With more than 25 years of experience and a team of over 300 qualified experts, Helpline Group helps you explore and capitalize on the investment opportunities in Saudi Arabia’s agricultural sector. By guiding you through the latest technological innovations and efficient farming methods, Helpline Group ensures your agricultural business thrives and stays competitive in a rapidly evolving market.
