GCC Meat Market Overview, Industry Growth Rate, Research Report 2024-2032

Meat Market- GCC

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 5.06% (2024-2032)

The GCC meat market is expanding due to rising demand for protein-rich diets, increasing population, and growth in the hospitality sector. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.06% from 2024 to 2032.

Download sample copy of the Report: https://www.imarcgroup.com/gcc-meat-market/requestsample

GCC Meat Market Trends and Drivers:

·         Drivers of Growth:

• Rising disposable incomes and population growth.
• Increasing demand for high-quality protein sources.
• Dynamic demand for various types of meat, including poultry, beef, and lamb.

·         Consumer Trends:

• Urbanization and hot climate pushing towards convenient, packaged, and processed meat products.
• Growing influence of Western diets and dining out culture boosting meat consumption, especially in fast food and casual dining.
• Increased tourism in the UAE and Saudi Arabia driving demand for premium meat products in hotels and restaurants.

·         Market Focus:

• Heightened emphasis on halal certification and food safety standards.
• Consumers prioritizing ethical and religious standards of meat production, increasing demand for halal-certified products.
• Growing preference for organic and antibiotic-free meat options, expanding premium and niche market segments.

·         E-commerce and Accessibility:

• Rising adoption of e-commerce facilitating access to a variety of meat products, from fresh cuts to gourmet options.

·         Government Initiatives:

• Investments in local meat production and processing to enhance food security and reduce dependence on imports.

·         Future Outlook:

• Increasing consumer preference for high-quality, sustainable, and ethically sourced meat expected to drive continued market expansion in the coming years.

 

GCC Meat Industry Segmentation:

Our comprehensive GCC meat market outlook reflects both short-term tactical and long-term strategic planning. This analysis is essential for stakeholders aiming to navigate the complexities of the market and capitalize on emerging opportunities.

Type Insights:

• Raw
• Processed

Product Insights:

• Chicken
• Beef
• Pork
• Mutton
• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Departmental Stores
• Specialty Stores
• Online Stores
• Others

Country Insights:

• Saudi Arabia
• UAE
• Qatar
• Bahrain
• Kuwait
• Oman

Request for customization: https://www.imarcgroup.com/request?type=report&id=10231&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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