Market Forecast By Product (Chicken, Beef, Pork, Mutton, Others), By Type (Raw, Processed), By Distribution Channel (Departmental Stores, Specialty Stores, Hypermarket/ Supermarket, Online Sales Channel, Others) And Competitive Landscape
Product Code: ETC171358 | Publication Date: Jan 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Saudi Arabia Meat Market |
Forecast period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Poultry Sector |
Saudi Arabia Meat Market report thoroughly covers the market By Product, By Type, By Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Saudi Arabia Meat Market has been experiencing a steady growth trajectory and is projected to grow at a CAGR of 4.5% by 2031. The population growth and increasing disposable income are the primary reasons driving this growth. With the growing demand for protein-rich diets and high-quality meat products, the meat market will see further growth in the coming time.
According to 6Wresearch, the Saudi Arabia Meat Market Size is expected to reach a significant CAGR of 4.5% during the forecast period 2025-2031. Increasing disposable income among its citizens stands one crucial factor that propels the growth of the meat market in Saudi Arabia. With the oil-based economy expanding globally, thus boosting per capita income, purchasing power increased, encouraging many consumers and citizens to spend on meat products. Similarly, western dietary preferences are setting in, and protein-based foods like beef, chicken, or lamb are in huge demand. This trend attests to the reasons for globalization and the rising number of expatriates from western countries. Moreover, due to the high rate of population growth and urbanization, an increasing demand is being generated for convenience food products such as processed meats and ready-meals. This will thus contribute extra to the growth of the Saudi Arabian meat market.
Despite favorable growth trends, several factors present challenges to the Saudi Arabian meat market. One of these challenges has to do with increasing awareness regarding animal welfare and environmental sustainability. The more consumers become aware of issues like ethics and sustainability, the more they have been demanding organic and free-range meat products, making it harder for the meat industry to survive. Competition from alternative protein sources such as plant-based meats presents another challenge to the Saudi meat market. An increasing number of health-conscious consumers are now shifting toward the adoption of vegan and vegetarian diets, which could possibly impact the demand for traditionally sought-after meat products.
Key trends envisioned in the Vietnam meat industry that are capable of changing the phases of its market terrain include growing interest in processed and packaged meats that changed traditional consumption habits, especially in urban areas; meat home-delivery made easy with the help of e-commerce platforms, especially during and after the pandemic; and consumers favoring healthier and safer food products that generated hefty investments in organic, antibiotic-free, and traceable meat products. These emerging trends are significant indicators towards Vietnam Meat Market Growth, which is to ensure its upward growth in the coming years.
The Vietnam Meat Market Share has become increasingly appealing to foreign and domestic investors. With growing government-sponsored encouragement for modernization of the livestock sector, it opens huge investment potentials, especially in technology-driven solutions. Investments are being directed towards enterprises that demonstrate strict compliance with sustainable practices, such as environmentally friendly farming techniques and innovative systems for including domestic and export markets. Thus, high-quality meat to meet rising demands will also act as a base for partnerships between Vietnam and international meat suppliers with experience and modern practices.
The Vietnam Meat Market is highly competitive, comprising a blend of domestic and foreign players. The key players include CJ Cheiljedang Corp., Vissan Joint Stock Company, Masan Group Corporation, C.P. Vietnam Livestock Corporation (CPV), Japfa Comfeed Vietnam Ltd., among others in this niche. These leading players have been engaged in product innovations, market expansions into new locations, and strategic alliances in order to gain competitive advantage over rivals and capture more industry market shares. Apart from these, increased investments in research and development aimed at improving breeding techniques and product processing have also been observed among these players.
The government is the most active agent in developing the Vietnam Meat Industry. Safety regulations for livestock, quality standards for products and protection of environmental resources have been promulgated for sustaining consumer confidence and for promoting sustainable development. Vietnam is committed to international standards that would increase opportunities for trade but would also ensure food safety. Investments in education and outreach activities for farmers on best practices related to livestock raising comply with strict measures for disease prevention and control in the meat supply chain.
Technological advancement, policy facilitation, and the ever-increasing consumer base will drive the future of the Meat Market in Vietnam. Urbanization, changes in lifestyle, and the increased awareness of health consciousness will most likely spur demand for high-quality and safe meat products. Innovations in meat processing and sustainability practices will then inject the impetus for long-term growth. With the government recently checking upon modernizing the industry and conforming with international standards, the smooth road could pave the way for Vietnam to become a significant player in the global meat market.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, The chicken segment is expected to dominate the market in the coming years. This can be attributed to the fact that chicken is a staple protein source in the region, with high consumption rates and relatively lower prices compared to other types of meat.
The processed segment is expected to show substantial growth in the coming years due to the increasing availability of packaged and convenience meat products, changing consumer lifestyles, and growing demand for ready-to-eat meals.
The hypermarket/supermarket segment holds the largest share in the market as it offers a wide range of options for consumers to choose from at competitive prices.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Meat Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Meat Market Revenues & Volume, 2021 & 2031 |
3.3 Saudi Arabia Meat Market - Industry Life Cycle |
3.4 Saudi Arabia Meat Market - Porter's Five Forces |
3.5 Saudi Arabia Meat Market Revenues & Volume Share, By Product, 2021 & 2031 |
3.6 Saudi Arabia Meat Market Revenues & Volume Share, By Type, 2021 & 2031 |
3.7 Saudi Arabia Meat Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031 |
4 Saudi Arabia Meat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Meat Market Trends |
6 Saudi Arabia Meat Market, By Types |
6.1 Saudi Arabia Meat Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Meat Market Revenues & Volume, By Product, 2021-2031 |
6.1.3 Saudi Arabia Meat Market Revenues & Volume, By Chicken, 2021-2031 |
6.1.4 Saudi Arabia Meat Market Revenues & Volume, By Beef, 2021-2031 |
6.1.5 Saudi Arabia Meat Market Revenues & Volume, By Pork, 2021-2031 |
6.1.6 Saudi Arabia Meat Market Revenues & Volume, By Mutton, 2021-2031 |
6.1.7 Saudi Arabia Meat Market Revenues & Volume, By Others, 2021-2031 |
6.2 Saudi Arabia Meat Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Meat Market Revenues & Volume, By Raw, 2021-2031 |
6.2.3 Saudi Arabia Meat Market Revenues & Volume, By Processed, 2021-2031 |
6.3 Saudi Arabia Meat Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Meat Market Revenues & Volume, By Departmental Stores, 2021-2031 |
6.3.3 Saudi Arabia Meat Market Revenues & Volume, By Specialty Stores, 2021-2031 |
6.3.4 Saudi Arabia Meat Market Revenues & Volume, By Hypermarket/ Supermarket, 2021-2031 |
6.3.5 Saudi Arabia Meat Market Revenues & Volume, By Online Sales Channel, 2021-2031 |
6.3.6 Saudi Arabia Meat Market Revenues & Volume, By Others, 2021-2031 |
7 Saudi Arabia Meat Market Import-Export Trade Statistics |
7.1 Saudi Arabia Meat Market Export to Major Countries |
7.2 Saudi Arabia Meat Market Imports from Major Countries |
8 Saudi Arabia Meat Market Key Performance Indicators |
9 Saudi Arabia Meat Market - Opportunity Assessment |
9.1 Saudi Arabia Meat Market Opportunity Assessment, By Product, 2021 & 2031 |
9.2 Saudi Arabia Meat Market Opportunity Assessment, By Type, 2021 & 2031 |
9.3 Saudi Arabia Meat Market Opportunity Assessment, By Distribution Channel, 2021 & 2031 |
10 Saudi Arabia Meat Market - Competitive Landscape |
10.1 Saudi Arabia Meat Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Meat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |