Market Overview:
Middle East meat market size is projected to exhibit a growth rate (CAGR) of 4.90% during 2024-2032. The market is experiencing growth primarily due to the increasing inclination towards diets rich in protein and a growing emphasis on sustainable and ethical practices in meat production.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
4.90% |
Meat is a food product derived from the flesh of animals, encompassing poultry and various other creatures such as chickens, rabbits, cows, pigs, sheep, goats, lamb, deer, and ducks. It serves as a significant source of essential nutrients, providing a rich blend of protein, carbohydrates, fatty acids, vitamins, and minerals, fostering the healthy development of the human body. With diverse varieties available, each type of meat exhibits distinct characteristics in terms of taste, texture, and nutritional composition. A key advantage of consuming meat lies in its protein content, crucial for muscle repair, overall bodily functions, and the provision of essential amino acids necessary for proper bodily function. Meat is recognized as a valuable source of complete protein, contributing to the maintenance of healthy bones, muscles, organs, and immune system support. Beyond its nutritional merits, meat is a satisfying and filling nutrient-dense food, curbing hunger and aiding weight management efforts. Alongside its nutritional benefits, meat stands out as a versatile and delicious culinary ingredient, adaptable to various cooking methods such as grilling, roasting, smoking, and preparation in diverse dishes like curries.
Middle East Meat Market Trends:
The Middle East meat market is undergoing significant developments, reflecting both cultural preferences and changing dietary habits in the region. As economies grow and urbanization progresses, there is an increasing demand for meat products, driven by rising disposable incomes and a growing population. The Middle East, known for its diverse culinary traditions, demonstrates a preference for various meats, including lamb, beef, and chicken, which is acting as another significant growth-inducing factor. Besides this, the market is witnessing a shift towards processed and value-added meat products, aligning with the convenience-seeking consumer trends. In addition to local production, the Middle East heavily relies on meat imports to meet the surging demand, making it an essential player in the global meat trade. Moreover, there is a growing awareness of the importance of quality and halal-certified meat products in the Middle East, catering to the religious and cultural considerations of the predominantly Muslim population. This emphasis on halal standards contributes to the region's prominence in the halal meat market. Apart from this, as consumer awareness regarding sustainable and ethical meat production rises, the Middle East meat market in the country is likely to witness continued evolution, with opportunities for both local and international players to contribute to the diverse and dynamic meat industry in the region, over the forecasted period.
Middle East Meat Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on type, product, and distribution channel.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes raw and processed.
Product Insights:
- Chicken
- Beef
- Mutton
- Others
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes chicken, beef, mutton, and others.
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Departmental Stores
- Specialty Stores
- Online Stores
- Others
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, departmental stores, specialty stores, online stores, and others.
Country Insights:
- Saudi Arabia
- Turkey
- Israel
- United Arab Emirates
- Iran
- Iraq
- Qatar
- Kuwait
- Oman
- Jordan
- Bahrain
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
- Al Ain Farms
- Al-Watania Poultry
- BRF S.A.
- Herfy Food Services Co.
- Kibsons International LLC
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Middle East Meat Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Type
- Product
- Distribution Channel
- Country
|
Types Covered |
Raw, Processed |
Products Covered |
Chicken, Beef, Mutton, Others |
Distribution Channels Covered |
Supermarkets and Hypermarkets, Departmental Stores, Specialty Stores, Online Stores, Others |
Countries Covered |
Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, Others |
Companies Covered |
Al Ain Farms, Al-Watania Poultry, BRF S.A., Herfy Food Services Co., Kibsons International LLC, etc. (Please note that this is only a partial list of the key players, and the complete list is provided in the report.) |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Middle East meat market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Middle East meat market?
- What is the breakup of the Middle East meat market on the basis of type?
- What is the breakup of the Middle East meat market on the basis of product?
- What is the breakup of the Middle East meat market on the basis of distribution channel?
- What are the various stages in the value chain of the Middle East meat market?
- What are the key driving factors and challenges in the Middle East meat?
- What is the structure of the Middle East meat market and who are the key players?
- What is the degree of competition in the Middle East meat market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Middle East meat market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Middle East meat market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Middle East meat industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.