The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Middle East Meat Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Middle East Meat Industry (2024-2030):

According to the latest report, The Middle East Meat Market size was valued at USD 29.21 billion in 2023 & is projected to reach USD 34.32 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.4% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Middle East Meat industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2019-22
• Base Year: 2023
• Forecast Period: 2024-30
• CAGR: 4.4%
• Market Value (2023): USD 29.21 Billion
• Market Value (2030): USD 34.32 Billion

What are the major Challenge facing the Middle East Meat industry?

Rising Vegan & Vegetarian Population in the Region – The increasing health consciousness and transitioning dietary customs amongst consumers across the region are leading to the rising growth of the vegan population in the Middle East. The growing focus of consumers on animal cruelty, environmental issues, etc., is further leading to the surging vegan population. Consumers in countries like Saudi Arabia, the UAE, Qatar, etc., are increasingly focusing on environmental sustainability, which is leading them to switch to vegan and vegetarian food options. Moreover, the rising cases of food illness and potential microbial infestation from meat and meat products are raising concerns about food safety in meat products mitigating its wider adoption.

In addition, there is an increasing proliferation of various plant-based meat substitutes that provide similar taste and texture as meat products. Due to this, the consumers have a wide range of choices in plant-based meat products which leads to minimum adoption of meat in the region. The growing trend of veganism on social media and influencers going vegan are further leading the young population to drive away from meat products, which is eventually leading to a gradual decline in the adoption of meat, thus hampering the growth of the Middle East Meat Market. 

Download a sample PDF of this report to gain insights into the complete report structure - https://www.marknteladvisors.com/query/request-sample/middle-east-meat-market.html

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Middle East Meat Market Segmentation

The Middle East Meat Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Product Type
• Beef- Market Size & Forecast 2019-2030 (Thousand Tons)
• Mutton- Market Size & Forecast 2019-2030 (Thousand Tons)
• Poultry- Market Size & Forecast 2019-2030 (Thousand Tons)
• Chicken- Market Size & Forecast 2019-2030 (Thousand Tons)
• Turkey- Market Size & Forecast 2019-2030 (Thousand Tons)
• Others (Duck, Goose, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
• Seafood- Market Size & Forecast 2019-2030 (Thousand Tons)
• Fish- Market Size & Forecast 2019-2030 (Thousand Tons)
• Others (Prawns, Crabs, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
• Others (Lamb, Rabbit, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
• By Form
• Fresh - Market Size & Forecast 2019-2030 (Thousand Tons)
• Frozen- Market Size & Forecast 2019-2030 (Thousand Tons)
• Canned- Market Size & Forecast 2019-2030 (Thousand Tons)
• Processed- Market Size & Forecast 2019-2030 (Thousand Tons)
• By Distribution Channel
• Online - Market Size & Forecast 2019-2030 (Thousand Tons)
• Offline - Market Size & Forecast 2019-2030 (Thousand Tons)
• Hypermarket & Supermarket- Market Size & Forecast 2019-2030 (Thousand Tons)
• Specialty Store- Market Size & Forecast 2019-2030 (Thousand Tons)
• Others (Convenience Store, etc.) - Market Size & Forecast 2019-2030 (Thousand Tons)
• By Country
• The UAE
• Saudi Arabia
• Qatar
• Turkey
• Egypt
• Israel
• Kuwait
• Bahrain
• Oman
• Rest of the Middle East

As per the regional aspect, the Middle East Meat Market is expected to be dominated by North America by capturing the potential market share.

Explore further details about this research report - https://www.marknteladvisors.com/research-library/middle-east-meat-market.html

Top Companies in the Middle East Meat Market

BRF SA, Siniora Food Industries, Sunbulah Group, Tanmiah Food Company, Al Ain Farms, Al Islami Foods, Americana Foods Inc, Qatar Meat Production Company, Najmat Taiba Foodstuff LLC, Tyson Foods Inc, NH Foods Ltd, JM Foods LLC, and others

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