GCC Meat Market Expected to Grow at a CAGR of 5.06% during 2024-2032

Meat Market- GCC

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 5.06% (2024-2032)

The GCC meat market is growing rapidly due to rising population, increased demand for high-quality protein, and expanding retail access. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.06% from 2024 to 2032.

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GCC Meat Market Trends and Drivers:

• The GCC meat market is expanding rapidly, driven by population growth and increasing demand for high-quality protein sources.

• Rising disposable incomes and changing dietary preferences towards high-protein meals are fueling market growth.

• Urbanization and busy lifestyles are increasing demand for processed and convenience meat products, with a preference for ready-to-cook and ready-to-eat options.

• Government initiatives focused on food security and promoting local meat production are positively influencing market expansion.

• The growth of retail chains and e-commerce platforms is enhancing accessibility, supporting the market's upward trajectory.

• A significant trend is the emphasis on halal meat production, aligning with the region's cultural and religious practices.

• Advancements in meat processing technologies are improving quality and safety standards.

• There is a rise in sustainable and ethical farming practices, with a focus on organic and antibiotic-free meat products.

• The demand for lean meats and meat alternatives is increasing among health-conscious consumers, driving innovation.

• The development of cold chain logistics and infrastructure is enhancing meat distribution efficiency, contributing to market growth.

GCC Meat Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest meat market share in GCC. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Type Insights:

• Raw

• Processed
  

Product Insights:

• Chicken

• Beef

• Pork

• Mutton

• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets

• Departmental Stores

• Specialty Stores

• Online Stores

• Others

Country Insights:

• Saudi Arabia

• UAE

• Qatar

• Bahrain

• Kuwait

• Oman

Request for customization: https://www.imarcgroup.com/request?type=report&id=10231&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• COVID-19 Impact on the Market

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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