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.
Key Findings of the Study: Middle East Meat Market
The Middle East Meat Market Challenge: Rising Vegan & Vegetarian Population in the Region
The increasing health consciousness and transitioning dietary customs amongst consumers across the region are leading to the rising growth of the vegan population in the Middle East. The growing focus of consumers on animal cruelty, environmental issues, etc., is further leading to the surging vegan population. Consumers in countries like Saudi Arabia, the UAE, Qatar, etc., are increasingly focusing on environmental sustainability, which is leading them to switch to vegan and vegetarian food options. Moreover, the rising cases of food illness and potential microbial infestation from meat and meat products are raising concerns about food safety in meat products mitigating its wider adoption.
In addition, there is an increasing proliferation of various plant-based meat substitutes that provide similar taste and texture as meat products. Due to this, the consumers have a wide range of choices in plant-based meat products which leads to minimum adoption of meat in the region. The growing trend of veganism on social media and influencers going vegan are further leading the young population to drive away from meat products, which is eventually leading to a gradual decline in the adoption of meat, thus hampering the growth of the Middle East Meat Market.
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Scope of the Report and Middle East Meat Market Segmentation
By Product Type
-Beef
-Mutton
-Poultry
--Chicken
--Turkey
--Others (Duck, Goose, etc.)
-Seafood
--Fish
--Others (Prawns, Crabs, etc.)
-Others (Lamb, Rabbit, etc.)
By Form
-Fresh
-Frozen
-Canned
-Processed
By Distribution Channel
-Online
-Offline
--Hypermarket & Supermarket
--Specialty Store
--Others (Convenience Store, etc.)
Top leading companies in the Middle East Meat Market includes:
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, and others
For more detailed information about the Middle East Meat market report, click here – https://www.marknteladvisors.com/research-library/middle-east-meat-market.html
Geographical analysis:
The UAE
Saudi Arabia
Qatar
Turkey
Egypt
Israel
Kuwait
Bahrain
Oman
Rest of the Middle East
- The UAE is expected to hold the largest share of the Middle East Meat Market during the forecast period
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