Market Size of saudi arabia red meat Industry
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2016 - 2028 |
|
CAGR | 2.28 % |
|
|
Market Concentration | High |
|
Largest Share by Type | Beef |
|
Fastest Growing by Type | Beef |
|
|
Market Concentration | High |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Red Meat Market Analysis
The Saudi Arabia Red Meat Market is projected to register a CAGR of 2.28%
- Beef is the Largest Type : Fresh beef products are the most consumed beef form in the region. The popularity of fresh beef is partly due to its availability at local supermarkets or butcher shops.
- Fresh / Chilled is the Largest Form : Fresh meats are considered to be of higher quality. The relaxation of the lockdown allowed customers to immediately purchase freshly cut meat through an offline channel.
- Beef is the Fastest-growing Type : Fresh beef is the most widely consumed form of beef in the country, with consumers more shifted towards locally available beef than imported frozen and processed beef.
- Processed is the Fastest-growing Form : The increasing popularity of ready-to-eat and ready-to-cook meat to match the fast-paced lifestyle is projected to drive the demand for processed poultry meat in the country.
