Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Product Type (Beef, Pork, Chicken Meat), By End Users (Food Processing Industry, Food Service Providers, Household/ Retail), By Distribution Channel (B2B Direct, Hypermarkets/ Supermarkets, Convenience Stores, Specialty Stores, Butcher Shop/ Wets, Online Retailing) And Competitive Landscape
Product Code: ETC436844 | Publication Date: Nov 2022 | Updated Date: Apr 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Middle East Livestock and Poultry Market |
Forecast period | 2024-2030 |
CAGR | 2% |
Growing Sector | Food |
Middle East Livestock and Poultry Market report thoroughly covers the market by countries, product type, end -users and distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Middle East Livestock and Poultry Market is at a pivotal juncture, marked by a blend of traditional farming practices and modern technological integration. This sector, vital for food security and economic stability in the region, is witnessing a transformation driven by technological innovation, regulatory changes, and a growing demand for meat and poultry products. Challenges such as water scarcity and sustainability concerns are prompting stakeholders to adopt more efficient and responsible farming techniques. At the same time, the region's demographic dynamics, including population growth and higher disposable incomes, are amplifying the demand for protein-rich diets. The market is not only expanding but also becoming a fertile ground for investments and innovative solutions aimed at enhancing production capabilities and sustainability.
According to 6Wresearch, the Middle East Livestock and Poultry Market size is projected to grow at the CAGR of 2% during the forecast period of 2024-2030. The Middle East livestock and poultry market's expansion is fueled by several critical drivers. Primarily, demographic shifts and economic development have dramatically increased protein demand. The region's population is growing rapidly, and with urbanization, there's a marked shift in dietary preferences towards meat and poultry consumption. This surge in demand is further amplified by rising disposable incomes, enabling consumers to opt for diverse and protein-rich diets. Furthermore, technological advancements play a crucial role, as smart farming and precision agriculture introduce efficiencies in production, reducing waste and optimizing resource use. These innovations are crucial in a region where water scarcity is a persistent challenge. Governments and private sector investments in agricultural technology also underscore the commitment to transforming the sector, making it more resilient and sustainable.
With the Middle East focusing on food security and reducing dependency on imports, the livestock and poultry sectors are receiving unprecedented attention, paving the way for modernization and efficiency improvements. The Middle East livestock and poultry market faces significant challenges. Water scarcity and the arid climate are perhaps the most formidable obstacles, limiting the expansion of feed crops and necessitating innovative irrigation and farming practices. Sustainability concerns are becoming increasingly central, with stakeholders across the spectrum recognizing the need to balance production with environmental stewardship. This includes managing greenhouse gas emissions, ensuring animal welfare, and adopting sustainable feed sources. Regulatory hurdles also pose a challenge as the sector grows, with governments striving to implement standards that ensure quality and safety without stifling innovation. Furthermore, market volatility and fluctuating feed prices can impact profitability, making it essential for producers to adopt more resilient business models. These challenges could lead to decline in Middle East Livestock and Poultry Market Share. Addressing these challenges requires a concerted effort from governments, private sector players, and the research community to foster a sustainable, efficient, and profitable livestock and poultry sector in the Middle East.
In response to the growing demand for meat and poultry products, Middle Eastern governments have introduced various policies and schemes aimed at boosting local production. These initiatives focus on sustainability and biosecurity, providing subsidies for livestock feed, and investing in infrastructure improvements. Efforts to support genetic optimization and disease control in livestock are also paramount, underscoring the region's commitment to enhancing the sector's competitiveness and self-sufficiency.
The Middle East livestock and poultry Industry features several key players that are instrumental in shaping the industry's landscape. Prominent companies include Almarai Company, Saudi Livestock Transport & Trading Co., and Wadi Group. These entities excel in incorporating advanced technologies for breeding, nutrition, and health management, thereby setting high quality and safety standards in the market. They also leverage strategic partnerships and acquisitions to expand their production capabilities, cater to diverse consumer preferences, and capitalize on the region's rapid economic growth. Overall, these players play a critical role in driving the Middle East livestock and poultry market's growth trajectory.
The livestock and poultry market in Middle East is poised for substantial growth. This optimism is driven by increasing population growth, rising disposable incomes, and a shifting preference towards protein-rich diets. Technological advancements, particularly in the areas of health monitoring and climate-controlled housing for animals, will further propel the market. However, challenges such as water scarcity and the need for sustainable practices remain central to the discourse on the future of livestock and poultry production in the region. As a result, there will be a greater emphasis on implementing efficient and responsible farming methods to meet the growing demand while minimizing environmental impact.
According to Dhaval, Research Manager, 6Wresearch, the household/retail segment is expected to experience the highest growth in the Middle East livestock and poultry market. This can be attributed to increasing consumer demand for protein-rich diets and a preference for fresh, locally-sourced meat and poultry products. Additionally, with advancements in e-commerce and online retailing, there is an opportunity for companies to tap into the growing demand for home delivery services in the region.
The B2B direct segment is expected to see significant growth in the Middle East livestock and poultry market. This can be attributed to the increasing demand for high-quality meat and poultry products from restaurants, hotels, and other food service establishments in the region. With a growing emphasis on food safety and traceability, B2B direct channels provide a transparent supply chain for businesses to source their animal products. Additionally, advancements in logistics and transportation have made it easier for companies to directly deliver products to their customers, further driving the Middle East Livestock and Poultry Market Growth.
The report offers a comprehensive study of the subsequent 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 Livestock and Poultry Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Livestock and Poultry Market Revenues & Volume, 2020 & 2030F |
3.3 Middle East Livestock and Poultry Market - Industry Life Cycle |
3.4 Middle East Livestock and Poultry Market - Porter's Five Forces |
3.5 Middle East Livestock and Poultry Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Middle East Livestock and Poultry Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 Middle East Livestock and Poultry Market Revenues & Volume Share, By End Users, 2020 & 2030F |
3.8 Middle East Livestock and Poultry Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Middle East Livestock and Poultry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Livestock and Poultry Market Trends |
6 Saudi Arabia Livestock and Poultry Market, 2020-2030 |
6.1.1 Saudi Arabia Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
6.1.2 Saudi Arabia Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
6.1.3 Saudi Arabia Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
7 UAE Livestock and Poultry Market, 2020-2030 |
7.1 UAE Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
7.2 UAE Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
7.3 UAE Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
8 Qatar Livestock and Poultry Market, 2020-2030 |
8.1 Qatar Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
8.2 Qatar Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
8.3 Qatar Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
9 Kuwait Livestock and Poultry Market, 2020-2030 |
9.1 Kuwait Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
9.2 Kuwait Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
9.3 Kuwait Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
10 Oman Livestock and Poultry Market, 2020-2030 |
10.1 Oman Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
10.2 Oman Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
10.3 Oman Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
11 Bahrain Livestock and Poultry Market, 2020-2030 |
11.1 Bahrain Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
11.2 Bahrain Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
11.3 Bahrain Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
12 Turkey Livestock and Poultry Market, 2020-2030 |
12.1 Turkey Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
12.2 Turkey Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
12.3 Turkey Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
13 Rest of Middle East Livestock and Poultry Market, 2020-2030 |
13.1 Rest of Middle East Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020-2030 |
13.2 Rest of Middle East Livestock and Poultry Market, Revenues & Volume, By End Users, 2020-2030 |
13.3 Rest of Middle East Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020-2030 |
14 Middle East Livestock and Poultry Market Key Performance Indicators |
15 Middle East Livestock and Poultry Market - Opportunity Assessment |
15.1 Middle East Livestock and Poultry Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Middle East Livestock and Poultry Market Opportunity Assessment, By Product Type, 2020 & 2030F |
15.3 Middle East Livestock and Poultry Market Opportunity Assessment, By End Users, 2020 & 2030F |
15.4 Middle East Livestock and Poultry Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
16 Middle East Livestock and Poultry Market - Competitive Landscape |
16.1 Middle East Livestock and Poultry Market Revenue Share, By Companies, 2023 |
16.2 Middle East Livestock and Poultry Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |