Dublin, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Meat - Market Assessment and Forecasts to 2028" report has been added to ResearchAndMarkets.com's offering.
The meat sector in Saudi Arabia is expected to grow from SAR 20 billion ($5.3 billion) in 2023 to SAR 20.6 billion ($5.5 billion) in 2028, growing at a CAGR of 0.5%. In volume terms, the sector is expected to decrease from 814.6 million kg in 2023 to 752.2 million kg in 2028, declining at a CAGR of 1.6%.
Chilled raw packaged meat - whole cuts was the largest category in value and volume terms, while the frozen meat category is forecast to register the fastest volume growth during 2023-28. Food & drinks specialists was the largest distribution channel in the UAE's meat sector. Tanmiah Food Company, Al-Watania Poultry, and Farm Fresh Meats, Inc. were the top three companies in the country.
Report Scope
- Per capita consumption of meat in the Saudi Arabia was higher than regional and global levels in 2023.
- The per capita consumption of Chilled raw packaged meat - whole cuts was higher in the Saudi Arabia compared to other meat categories in 2023
- Food & drinks specialists was the leading distribution channel in the Saudi Arabian meat sector, with a value share of 58.4% in 2023
- Rigid plastics accounted for a share of 53.2% in 2023
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- The team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Company Coverage:
- Tanmiah Food Company
- Al-Watania Poultry
- Americana Group
- Almarai
- BRF
- The Radwa Saudi Food Company
- ARASCO Foods
- Fakieh Group
- Al Munajem
- Siniora Food Industries
Key Topics Covered:
- Market Environment
- Value and Volume Share of the Saudi Arabia in the Global and Middle East and Africa Markets
- Growth Analysis of the Saudi Arabia Compared to Other Leading Countries in the Middle East and Africa Market
- PCC and PCE of the Saudi Arabia Compared to the Global and Middle East and Africa Markets
- Sector Deep Dive
- Market Size Analysis
- Category Deep Dive
- Per Capita Consumption Analysis by Category
- Market Size Analysis - Category: Ambient Meat
- Market Size Analysis - Category: Chilled Raw Packaged Meat - Processed
- Market Size Analysis - Category: Chilled Raw Packaged Meat - Whole Cuts
- Market Size Analysis - Category: Fresh Meat (Counter)
- Market Size Analysis - Category: Frozen Meat
- Distribution Analysis
- Channel Share Analysis
- Competitive Environment
- Leading Companies - Value and Volume Shares
- Brand Share Analysis of Top Five Companies by Category
- Private Label Share Analysis by Category
- Growth of Private Labels Compared to Branded Products
- Degree of Consolidation/Fragmentation by Category
- Packaging Analysis
- Pack Material Growth Analysis
- Pack Type Growth Analysis
- Closure Type Growth Analysis
- Primary Outer Type Growth Analysis
- City Deep Dive
- Market Size Analysis of Top five Cities by Category
- Consumer graphics
- Demographic Analysis
- Macroeconomic Analysis
- GDP Growth and Inflation
- Population Growth
- Labor Market Trend
- Economic Summary, Labor Market Trends, and Demographic Trends
- The Saudi Arabia Risk Index (GCRI) 2023
- The Saudi Arabia Risk Analysis - Compared to Global and Middle East and Africa Markets
List of 108 countries analyzed to identify the high-potential countries in different regions
For more information about this report visit https://www.researchandmarkets.com/r/coyon4
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