According to Goldstein Research, population growth and societal variations such as working women in addition to growing per capita income and a flourishing tourism industry are the major drivers for the significant growth of red meat consumption in the country.
On the other hand, growing urbanization in the GCC countries, hectic lifestyles, expanding the popularity of large modern food retail formats and the existence of multinational food companies in the region, are the major factors in growing the popularity of convenience foods among consumers. UAE Red Meat Market Outlook also includes consumer behaviour and investment strategies adopted by major market players and regional government in order to expand their business across the country.
In addition to that, there is a mounting market opportunity in GCC’ states; for instance, the UAE will be hosting Expo 2020 in October 2020.
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On the basis of our in-depth analysis, UAE red meat market can be segmented as follows:
By Meat Type
- Others (camel, deer,.)
- Shelf Stable
By Distributional Channel
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“UAE Red Meat Market Outlook 2025” contains a detailed overview of the UAE Red Meat market.
On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by meat type, by storage and by distribution channel.
Further, The in-depth analysis, UAE Red Meat Market Analysis Report encompasses the growth drivers, challenges, Y-O-Y growth analysis, risk analysis, business strategies, financial analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model & SWOT analysis, Import export details, regional revenue assessments. This market report also includes competitive outlook of some of the major players profiling of companies such as Sidco Foods Trading LLC, Sunimpex, Elfab Co LLC, Siam Trading Company LLC, Kibsons International LLC.
The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.
Overall, the market research report gives you a footprint of the UAE Red Meat market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities.
Key questions answered in this UAE Red Meat Market Report
- What is the UAE Red Meat Market Size by 2025 and what would be the expected growth rate of the industry?
- What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
- What are the UAE Red Meat Market trends?
- What are the factors which are driving this industry?
- What are the major barriers to UAE Red Meat Market growth?
- Who are the key vendors in this industry space?
- What are the industry opportunities for the existing and entry-level players?
- What are the recent developments and business strategy of the key players?
UAE red meat market is further bifurcated in various segments with separate market analysis mentioned below:
Saudi Arabia Red Meat Market
Saudi Arabia is largest consumer of red meat among the GCC countries, with meat majorly imported from Australia, USA, Brazil and other countries. Meat consumption denotes the diet, living standards, livestock production, and macroeconomic uncertainty and shocks to GDP.
Saudi Arabia red meat market size is set to grow at a CAGR of 4.3% over the forecast period. Saudi Arabia per capita meat consumption was highest in the world, amounted nearly 50kg.
Global Processed Meat Market
Meat & poultry is a major segment of processed food where processed meat is produced by meat products from animal fat and muscle meat. Rising population and increasing disposable income in emerging economies such as Latin American and Asia Pacific is bolstering the global processed meat market.
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