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 expanding due to population growth, rising incomes, high-protein diets, convenience demand, and improved accessibility. 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:
- Urbanization and Lifestyle Impact:Demand for convenient meat options.
Preference for ready-to-cook and ready-to-eat products. - Government Initiatives:Enhancement of food security.
Promotion of local meat production. - Retail and E-commerce Growth:Expansion of retail chains.
Increased accessibility through e-commerce platforms. - Halal Meat Production:Alignment with regional cultural and religious norms.
Advancements in meat processing technologies improving quality and safety. - Sustainable and Ethical Farming:Popularity of organic and antibiotic-free meat products.
- Health-Conscious Consumer Demand:Increasing demand for lean meats and meat alternatives.
Driving innovation in product offerings. - Improved Logistics:Enhanced cold chain logistics and infrastructure.
Boosting distribution efficiency and supporting 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.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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