Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Beef Cut (Brisket, Shank, Loin, Others), By Beef Slaughter Method (Kosher, Halal, Others) And Competitive Landscape
Product Code: ETC080546 | Publication Date: Mar 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Beef Market is projected to witness substantial growth on account of the rapidly growing population as more people started consuming meat, including beef. Also, the countries in the region are experiencing strong economic growth, which is driving increased demand for beef as consumers have more disposable income to spend on premium quality beef. Additionally, rapid urbanization has increased the demand for convenience foods, including beef products. The westernization trend compels consumers to adopt Western eating habits, which include higher consumption of meat.
In general, the Middle East has a strong demand for halal-certified beef, which has led to the growth of the halal meat industry in the region and led to an increase in the production and import of halal beef in the region. Many companies in the Middle East are investing in animal welfare and sustainability initiatives to improve animal welfare in their supply chain. Moreover, with the COVID-19 pandemic, there has been a surge in online food delivery services in the Middle East, including meat delivery services. Overall, the Middle East beef industry is anticipated to grow at an enormous growth rate with the growing demand for halal beef, urbanization, and the westernization of diets.
The Middle East Beef Market is anticipated to gain strong growth projections in the coming time zone. Middle East region is seeing significant growth in the Beef market due to huge consumption of halal meat which is believed to have less incidence of food contamination. Governments in this region are also enforcing meat being certified halal. As this region imports most of its meat products the governments here are stressing heavily on bringing food innovations to ensure food security. Innovations like lab-grown Beef and antibiotic-free Beef products are driving market growth in this region. Rapid urbanization, rising incomes and a growing population are all contributing towards market growth. Also the upcoming Qatar 2022 world cup will increase the market opportunities. Also, the growing number of QSR chains is aiding the growth. The growing awareness about coronary illness caused due to undesirable ways of life and excess utilization of processed products may pose a threat to market growth. The harsh climate of the region adversely affects the meat quality. During the COVID-19 outbreak sales were mostly driven by the frozen category due to its convenience in handling, storage and preparation. The outbreak had mixed effects as the domestic production didn’t drastically reduce but the imports were discouraged due to fear of contamination.
According to 6Wresearch, Middle East Beef Market size is anticipated to register growth during 2021-2027. The Gulf Cooperation Council which consists of Kuwait, Bahrain, Qatar, Oman, United Arab Emirates, and Saudi Arabia is the fastest-growing region in terms of consumption of halal meat. These countries mostly import food products to meet the demand and focus more on lab innovations to improve food security in the region. Products developed in these labs are bleeding-edge innovations that provide buyers with more diverse products for sources of protein in their diets.
Some of the key players in the Middle-East Beef meat market are Tyson Foods Inc., BRF S.A., Oceana Brands Ltd., Cargill Inc., Smithfield Foods, Inc., Cherkizovo Group, W.H. Group, Hormel Foods Corporation, Vion Group, and Marfrig Group.
Middle East Beef products are largely categorized as frozen Beef products and fresh Beef products. Though frozen Beef products are experiencing a growth in demand, fresh Beef products are always preferred in this region. The popular distribution channels in this region are supermarkets, retail shops and butcher shops. The popularity of fresh Beef is partly due to the availability of the same at local supermarkets or butcher shops. Also, these distribution channels are famous as the customers can specifically order the meat cut of their preferences. Further, the market is also segmented into organic and inorganic Beef products with organic products priced relatively high. Kobe Beef is the most expensive and popular Beef meat in this region because of its texture and buttery flavor which comes due to the organic diet of the cow.
Middle East Beef market report thoroughly covers the market by product type, and distribution channels for countries including Kuwait, Bahrain, Qatar, Oman, United Arab Emirates, and Saudi Arabia. Middle East Beef market outlook report provides an unbiased and detailed analysis of the current Middle East Beef market trends, opportunities and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The market report covers the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Beef Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Beef Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Beef Market - Industry Life Cycle |
3.4 Middle East Beef Market - Porter's Five Forces |
3.5 Middle East Beef Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Beef Market Revenues & Volume Share, By Beef Cut, 2020 & 2027F |
3.7 Middle East Beef Market Revenues & Volume Share, By Beef Slaughter Method, 2020 & 2027F |
4 Middle East Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Beef Market Trends |
6 Saudi Arabia Beef Market, 2017 - 2027 |
6.1.1 Saudi Arabia Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
6.1.2 Saudi Arabia Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
7 UAE Beef Market, 2017 - 2027 |
7.1 UAE Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
7.2 UAE Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
8 Qatar Beef Market, 2017 - 2027 |
8.1 Qatar Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
8.2 Qatar Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
9 Kuwait Beef Market, 2017 - 2027 |
9.1 Kuwait Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
9.2 Kuwait Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
10 Oman Beef Market, 2017 - 2027 |
10.1 Oman Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
10.2 Oman Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
11 Bahrain Beef Market, 2017 - 2027 |
11.1 Bahrain Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
11.2 Bahrain Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
12 Turkey Beef Market, 2017 - 2027 |
12.1 Turkey Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
12.2 Turkey Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
13 Rest of Middle East Beef Market, 2017 - 2027 |
13.1 Rest of Middle East Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
13.2 Rest of Middle East Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
14 Middle East Beef Market Key Performance Indicators |
15 Middle East Beef Market - Opportunity Assessment |
15.1 Middle East Beef Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Beef Market Opportunity Assessment, By Beef Cut, 2020 & 2027F |
15.3 Middle East Beef Market Opportunity Assessment, By Beef Slaughter Method, 2020 & 2027F |
16 Middle East Beef Market - Competitive Landscape |
16.1 Middle East Beef Market Revenue Share, By Companies, 2020 |
16.2 Middle East Beef Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |