| Product Code: ETC382300 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
United Arab Emirates (UAE) Goat Meat market currently, in 2023, has witnessed an HHI of 3762, Which has decreased slightly as compared to the HHI of 4450 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The UAE goat meat market has emerged as a prominent segment within the livestock industry. The country has seen a surge in demand for goat meat due to its perceived health benefits and cultural significance. This has prompted investments in goat farming techniques and facilities, aiming to meet the escalating consumer demand. Furthermore, efforts to ensure the welfare and quality of goats are driving the market towards sustainable growth.
The goat meat market in the UAE has witnessed a steady surge in demand, driven by various influential factors. One of the primary drivers is the cultural preference for goat meat in the region. Goat meat holds significant culinary importance in the UAE, and its popularity has been further bolstered by the presence of a diverse expatriate population that also values this protein source. Additionally, the increasing awareness of the nutritional benefits of goat meat, such as its high protein content and lower fat levels compared to other meats, has contributed to its market growth.
The UAE goat meat market faces multifaceted challenges. Stricter regulations on grazing and environmental concerns regarding overgrazing have led to increased production costs. Additionally, market competition from imported meats and consumer preferences for alternative proteins present notable obstacles.
The UAE goat meat market also felt the impact of the pandemic. The closure of restaurants, hotels, and catering services resulted in a decrease in demand for goat meat. Additionally, restrictions on gatherings and events reduced the consumption of goat meat during special occasions. However, the market adapted by increasing online sales and home delivery services to reach consumers directly. The sector`s resilience was evident as it navigated the challenges posed by the pandemic.
Companies such as Emirates Modern Poultry Co. and FreshToHome are prominent in the UAE goat meat market.