United Arab Emirates (UAE) Goat Meat Market Competition 2023
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.
United Arab Emirates (UAE) Export Potential Assessment For Goat Meat Market (Values in USD Thousand)
United Arab Emirates (UAE) Goat Meat Market Synopsis
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.
Drivers of the market
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.
Challenges of the market
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.
Covid-19 Impact of the market
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.
Key Players of the market
Companies such as Emirates Modern Poultry Co. and FreshToHome are prominent in the UAE goat meat market.
Key Highlights of the Report:
- United Arab Emirates (UAE) Goat Meat Market Outlook
- Market Size of United Arab Emirates (UAE) Goat Meat Market, 2024
- Forecast of United Arab Emirates (UAE) Goat Meat Market, 2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Revenues & Volume for the Period 2021-2031
- United Arab Emirates (UAE) Goat Meat Market Trend Evolution
- United Arab Emirates (UAE) Goat Meat Market Drivers and Challenges
- United Arab Emirates (UAE) Goat Meat Price Trends
- United Arab Emirates (UAE) Goat Meat Porter's Five Forces
- United Arab Emirates (UAE) Goat Meat Industry Life Cycle
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Fresh Meat for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Frozen Meat for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Household for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Food Service for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Food Processing for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Sales Channel for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Direct Channel for the Period 2021-2031
- Historical Data and Forecast of United Arab Emirates (UAE) Goat Meat Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- United Arab Emirates (UAE) Goat Meat Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Sales Channel
- United Arab Emirates (UAE) Goat Meat Top Companies Market Share
- United Arab Emirates (UAE) Goat Meat Competitive Benchmarking By Technical and Operational Parameters
- United Arab Emirates (UAE) Goat Meat Company Profiles
- United Arab Emirates (UAE) Goat Meat Key Strategic Recommendations
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