Product Code: ETC421115 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Saudi Arabia Sheep Meat market currently, in 2023, has witnessed an HHI of 4162, Which has decreased slightly as compared to the HHI of 4310 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia sheep meat market presents a promising outlook as the demand for high-quality meat products continues to grow in the region. With a strong emphasis on halal meat production and consumption, Saudi Arabia has been making efforts to increase its domestic sheep meat production to meet the rising demand. This market is likely to witness steady growth in the coming years, driven by a combination of factors such as population growth, urbanization, and changing dietary preferences.
The Saudi Arabia sheep meat market outlook is influenced by several key drivers. Firstly, there is a growing demand for high-quality protein sources in the country, and sheep meat is considered a nutritious option. Additionally, cultural and religious factors play a significant role as lamb and mutton are commonly consumed during various traditional celebrations and religious festivals. The government`s efforts to promote domestic livestock production also contribute to the market`s growth by reducing reliance on imports. Furthermore, increasing disposable income and urbanization are driving the preference for meat-based diets, bolstering the demand for sheep meat.
The Saudi Arabia sheep meat market, while showing potential for growth, faces several challenges in the long term. One significant challenge is the country`s harsh climate and limited natural resources, which make it challenging to sustain large-scale sheep farming. This often leads to a reliance on imports to meet domestic demand. Additionally, the cultural and dietary preferences of the Saudi population can influence the market, as there is a preference for fresh and locally slaughtered meat, which can pose logistical challenges. Moreover, there are concerns regarding the sustainability and environmental impact of the sheep meat industry, which may necessitate changes in production practices to align with global sustainability standards.
The sheep meat market in Saudi Arabia also experienced disruptions due to supply chain disruptions and restrictions on gatherings. However, with the easing of restrictions and the return of social gatherings, there may be a resurgence in demand for sheep meat. Additionally, the government`s efforts to boost domestic food production could further stimulate the market.
In the Saudi Arabia sheep meat market, major players include Almarai Company, Al Safi Danone Company, and Almunajem Foods Company.
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 Saudi Arabia Sheep Meat Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Sheep Meat Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Sheep Meat Market - Industry Life Cycle |
3.4 Saudi Arabia Sheep Meat Market - Porter's Five Forces |
3.5 Saudi Arabia Sheep Meat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Sheep Meat Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Saudi Arabia Sheep Meat Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.8 Saudi Arabia Sheep Meat Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saudi Arabia Sheep Meat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Sheep Meat Market Trends |
6 Saudi Arabia Sheep Meat Market, By Types |
6.1 Saudi Arabia Sheep Meat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Sheep Meat Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Sheep Meat Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 Saudi Arabia Sheep Meat Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Saudi Arabia Sheep Meat Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Sheep Meat Market Revenues & Volume, By Fresh, 2021-2031F |
6.2.3 Saudi Arabia Sheep Meat Market Revenues & Volume, By Frozen, 2021-2031F |
6.2.4 Saudi Arabia Sheep Meat Market Revenues & Volume, By Processed, 2021-2031F |
6.3 Saudi Arabia Sheep Meat Market, By Offering |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Sheep Meat Market Revenues & Volume, By Neck, 2021-2031F |
6.3.3 Saudi Arabia Sheep Meat Market Revenues & Volume, By Shoulder, 2021-2031F |
6.3.4 Saudi Arabia Sheep Meat Market Revenues & Volume, By Rib, 2021-2031F |
6.3.5 Saudi Arabia Sheep Meat Market Revenues & Volume, By Breast, 2021-2031F |
6.3.6 Saudi Arabia Sheep Meat Market Revenues & Volume, By Leg, 2021-2031F |
6.3.7 Saudi Arabia Sheep Meat Market Revenues & Volume, By Foreshank, 2021-2031F |
6.4 Saudi Arabia Sheep Meat Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Sheep Meat Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Saudi Arabia Sheep Meat Market Revenues & Volume, By Indirect, 2021-2031F |
7 Saudi Arabia Sheep Meat Market Import-Export Trade Statistics |
7.1 Saudi Arabia Sheep Meat Market Export to Major Countries |
7.2 Saudi Arabia Sheep Meat Market Imports from Major Countries |
8 Saudi Arabia Sheep Meat Market Key Performance Indicators |
9 Saudi Arabia Sheep Meat Market - Opportunity Assessment |
9.1 Saudi Arabia Sheep Meat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Sheep Meat Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Saudi Arabia Sheep Meat Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.4 Saudi Arabia Sheep Meat Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Sheep Meat Market - Competitive Landscape |
10.1 Saudi Arabia Sheep Meat Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Sheep Meat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |