GCC Blue Economy Market is estimated to be valued at USD 180.2 Bn in 2025 and is expected to reach USD 269.2 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.9% from 2025 to 2032.
| Report Coverage |
Report Details |
| Base Year: |
2024 |
Market Size in 2025: |
USD 180.2 Bn |
| Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: |
5.90% |
2032 Value Projection: |
USD 269.2 Bn |
The GCC blue economy market represents a transformative economic paradigm that harnesses the sustainable utilization of marine and coastal resources to drive regional prosperity while preserving oceanic ecosystems.
Market Dynamics
The GCC blue economy market is propelled by several robust drivers that create a favorable ecosystem for sustained growth and development. Government initiatives under national visions such as Saudi Vision 2030, U.A.E. Vision 2071, and Qatar National Vision 2030 prioritize economic diversification and sustainability, leading to substantial investments in blue economy sectors including marine renewable energy, sustainable aquaculture, and coastal tourism infrastructure.
Key Features of the Study
- This report provides in-depth analysis of the GCC blue economy market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the GCC blue economy market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Oman Fisheries Company, Kuwait Oil Company, Gulf Craft Inc., National Aquaculture Group, Saudi Arabian Oil Company (Aramco), Red Sea Farms, and Al Seer Marine
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The GCC blue economy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the GCC blue economy market
Market Segmentation
- Sectoral Activity Insights (Revenue, USD Bn, 2020 - 2032)
- Marine Fisheries & Aquaculture
- Maritime Transport & Logistics
- Coastal & Marine Tourism
- Marine Renewable Energy
- Seabed Mining & Marine Minerals
- Resource Type Insights (Revenue, USD Bn, 2020 - 2032)
- Living Resources
- Non-living Resources
- Ecosystem Services
- Energy Resources
- End-use Application Insights (Revenue, USD Bn, 2020 - 2032)
- Food & Nutrition
- Energy & Power Generation
- Transportation & Trade
- Tourism & Recreation
- Pharmaceuticals & Biotechnology
- Key Players Insights
- Oman Fisheries Company
- Kuwait Oil Company
- Gulf Craft Inc.
- National Aquaculture Group
- Saudi Arabian Oil Company (Aramco)
- Red Sea Farms
- Al Seer Marine