The Middle East Meat Market report provides a detailed analysis of the market's current state, key players, emerging trends, and future growth prospects. The report is divided into several sections, each focusing on different aspects of the market, such as market size, geographical shares, competitive landscape, and market dynamics.
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Middle East Meat Market Key Points and Findings (2024-2030)
Middle East Meat Market Overview: -
The Middle East Meat Market size was valued at USD 29.21 billion in 2023 & is projected to reach USD 34.32 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.4% during the forecast period, i.e., 2024-30. The market development is attributed to the surging growth and progression in Middle Eastern countries. The surge in middle-class consumers, the high disposable incomes of the consumers, and the rising affordability of food products like processed and frozen meat are further driving the demand for meat in the regional market.
Geographical Analysis:
- The UAE
- Saudi Arabia
- Qatar
- Turkey
- Egypt
- Israel
- Kuwait
- Bahrain
- Oman
- Rest of the Middle East
Among them, the UAE experienced considerable growth in the Middle East Meat Market.
Competitors Analysis: Top 10 Middle East Meat Companies
- BRF SA
- Siniora Food Industries
- Sunbulah Group
- Tanmiah Food Company
- Al Ain Farms
- Al Islami Foods
- Americana Foods Inc.
- Qatar Meat Production Company
- Najmat Taiba Foodstuff LLC
- Tyson Foods Inc
- NH Foods Ltd.
- JM Foods LLC
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Market Segmentation:
By Product Type
- Beef- Market Size & Forecast 2019-2030 (Thousand Tons)
- Mutton- Market Size & Forecast 2019-2030 (Thousand Tons)
- Poultry- Market Size & Forecast 2019-2030 (Thousand Tons)
- Chicken- Market Size & Forecast 2019-2030 (Thousand Tons)
- Turkey- Market Size & Forecast 2019-2030 (Thousand Tons)
- Others (Duck, Goose, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
- Seafood- Market Size & Forecast 2019-2030 (Thousand Tons)
- Fish- Market Size & Forecast 2019-2030 (Thousand Tons)
- Others (Prawns, Crabs, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
- Others (Lamb, Rabbit, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
By Form
- Fresh - Market Size & Forecast 2019-2030 (Thousand Tons)
- Frozen- Market Size & Forecast 2019-2030 (Thousand Tons)
- Canned- Market Size & Forecast 2019-2030 (Thousand Tons)
- Processed- Market Size & Forecast 2019-2030 (Thousand Tons)
By Distribution Channel
- Online - Market Size & Forecast 2019-2030 (Thousand Tons)
- Offline - Market Size & Forecast 2019-2030 (Thousand Tons)
- Hypermarket & Supermarket- Market Size & Forecast 2019-2030 (Thousand Tons)
- Specialty Store- Market Size & Forecast 2019-2030 (Thousand Tons)
- Others (Convenience Store, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
Middle East Meat Market Dynamics:
Key Factor Driving Market–
Rising Establishment of Hotel & Restaurants – There has been a significant surge in the formation of different hotels, restaurants, cafes, bars, etc., in the Middle East region driven by increasing tourism and the rising trend of going out. The consumers in the region have been looking forward to the aesthetic and high-quality food experiences driving them to the restaurants and cafes. Moreover, the high incomes of individuals are leading them to experience high-profile dining-in, which is further increasing the demand for restaurants and other food outlets across the region. As a result, there is an increasing establishment of different food service outlets in countries like Saudi Arabia, Oman, Qatar, etc.
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Frequently Asking Questions (FAQ’s):
- Which companies lead the Middle East Meat Market?
- How will current trends shape the market in the coming years?
- What opportunities, challenges, and driving forces characterize the Middle East Meat Industry?
- Which specific Middle East Meat market segments should industry competitor target to capitalize on recent technological advancements?
- What is the projected growth rate of the Middle East Meat market?
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