Saudi Arabia Meat Market (2023-2029) | Share, Analysis, Growth, Value, Size, Trends, COVID-19 IMPACT, Forecast, Outlook, Industry & Revenue

Topics Covered in the Saudi Arabia Meat Market

Saudi Arabia Meat Market report thoroughly covers the market by product, by type, and by distribution channel. The market outlook 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.

Saudi Arabia Meat Market Synopsis

Saudi Arabia meat market is a significant component of the food industry. It includes various meat products like beef, chicken, lamb, and more. Key market players supply meat to consumers, retailers, and restaurants. As consumer preferences for protein-rich diets continue, the meat market may see sustained demand.

According to 6Wresearch, the Saudi Arabia Meat Market Size is projected to grow at a CAGR of 6.56% during the forecast period of 2023-2029. The Saudi Arabia meat market is anticipated to experience growth due to the increasing demand for protein-rich diets and the growing population. Meat remains a staple in the Saudi Arabia diet, and the expanding urbanization and disposable income are driving the consumption of meat products. The government`s efforts to enhance food security and support domestic livestock production will further contribute to the Saudi Arabia Meat Market Growth. The Saudi Arabia meat market encounters challenges primarily related to food security and supply chain management. Meat is a staple food source, and market players must navigate fluctuations in global meat prices and ensure a stable supply of safe and affordable meat products. Addressing concerns about meat quality, traceability, and ethical sourcing is essential. Moreover, competition from alternative protein sources and international meat suppliers adds complexity to the market dynamics. The need for efficient meat production practices, cold chain logistics, and regulatory compliance influences market growth.

COVID-19 Impact on the Market

The Saudi Arabia Meat Industry witnessed fluctuations during the COVID-19 pandemic, impacting supply chains and consumer preferences. Meat is a staple food product. As food supply chains and restaurants adapted to changing circumstances post-pandemic, the meat market began to stabilize and recover. The pandemic underscored the importance of food security and the role of meat as a dietary staple.

Key Players in the Market

In the meat market, companies like Almarai and Al Watania Poultry are key players. Almarai is known for its meat products, including poultry, while Al Watania Poultry is a prominent supplier of chicken and meat products in Saudi Arabia.

Government policies and schemes introduced in the Saudi Arabia Meat Market

Saudi Arabia has established a comprehensive Food Security Strategy to ensure a stable and sustainable supply of essential food items to meet the needs of its growing population. The government enforces strict regulations and standards for the import of meat products to ensure they meet safety, quality, and religious (halal) requirements. The Saudi government has introduced initiatives to encourage local livestock production, including financial support, subsidies, and incentives for farmers involved in meat production. The government have policies and programs to ensure the health and welfare of animals raised for meat production, including disease prevention and control measures. The Saudi government monitor meat prices and implement measures to stabilize prices and prevent price gouging or market manipulation. Moreover, funding and support for research and development in livestock farming practices and technologies to improve meat production efficiency and quality. Further, initiatives to educate consumers about the benefits of locally produced meat and the importance of choosing quality.

Market Analysis by Type

By Type, the processed meat segment is gaining traction over the forecast years owing to changing lifestyles and an increasing preference for convenient food options,

Market analysis by Distribution Channel

According to Anjali, Senior Research Analyst, 6Wresearch, the online sales channel is expected to be the fastest-growing and expected to dominate the Saudi Arabia Meat Market Share in the future years as consumers increasingly opt for the convenience of online shopping.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Saudi Arabia Meat Market Outlook
• Market Size of Saudi Arabia Meat Market, 2021
• Forecast of Saudi Arabia Meat Market, 2028
• Historical Data and Forecast of Saudi Arabia Meat Revenues & Volume for the Period 2019 - 2029
• Saudi Arabia Meat Market Trend Evolution
• Saudi Arabia Meat Market Drivers and Challenges
• Saudi Arabia Meat Price Trends
• Saudi Arabia Meat Porter's Five Forces
• Saudi Arabia Meat Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Chicken for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Beef for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Pork for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Mutton for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Type for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Raw for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Processed for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Departmental Stores for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Specialty Stores for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Hypermarket/ Supermarket for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Online Sales Channel for the Period 2019 - 2029
• Historical Data and Forecast of Saudi Arabia Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• Saudi Arabia Meat Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Saudi Arabia Meat Top Companies Market Share
• Saudi Arabia Meat Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Meat Company Profiles
• Saudi Arabia Meat Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Chicken
• Beef
• Pork
• Mutton
• Others

By Type

• Raw
• Processed

By Distribution Channel

• Departmental Stores
• Specialty Stores
• Hypermarket/ Supermarket
• Online Sales Channel
• Others

Frequently Asked Questions About the Market Study (FAQs):