Saudi Arabia Edible Meat Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Edible Meat Market is estimated to reach USD 7.63 billion by 2033 with a CAGR of 2.15%.
The report includes an in-depth analysis of the Saudi Arabia Edible Meat Market, including market size and trends, product mix, applications, and supplier analysis. The term "edible meat" refers to animal flesh that is safe to consume. It includes a wide range of animal species and can be obtained from both domestic and wild animals. The phrase "meat" typically refers to muscular tissue, but it can also refer to organs (such as the liver, kidneys, and heart) as well as other edible portions such as fat and connective tissue. To be considered edible, meat must meet particular safety, hygiene, and quality criteria. The animal from which the meat is obtained should be healthy when slaughtered, and the meat must be processed under sanitary conditions to avoid contamination.
- February 2023: Golden Chicken expanded its broiler hatchery in Shaqra using Petersime's latest X-Streamer™ incubator system. The extension, which is the third hatchery project in conjunction with Petersime, has increased the company's total annual production capacity by 48 million eggs.
- July 2022: BRF Sadia opened its new facility, 'Al Joody,' in Dammam, Saudi Arabia, expanding its monthly production capacity to 1,200 tons of food. This will play an important part in the expansion and development of the poultry business locally, benefiting Saudi consumers.
- July 2022: Tyson Foods and Saudi Arabia's Tanmiah struck a strategic cooperation. The strategic alliance is expected to drive Tyson Foods and Tanmiah's growth while also creating considerable value in the near and long term.
Market Opportunities and Challenges
Opportunities- Saudi Arabia's rapidly expanding population, combined with increased urbanization, is a major driver of the edible meat business. As the population grows, so does the demand for food, especially meat. Urbanization causes lifestyle changes that often result in increased meat consumption, particularly in cities where individuals have greater discretionary income and access to a wider range of food goods. Saudi Arabia's continuing economic progress, backed by its oil wealth and economic diversification attempts, has resulted in increased disposable incomes. This economic improvement has made it possible for more customers to afford meat on a regular basis, causing dietary patterns to move toward increasing protein consumption, including various types of meat.
Challenges- Saudi Arabia's meat market faces severe challenges due to its reliance on imports. A large amount of the country's meat products, mainly cattle and chicken, are imported from Brazil, Australia, and India. The market's reliance on external suppliers renders it susceptible to global price swings, supply chain interruptions, and trade policies. Changes in international trade agreements or worldwide market circumstances can have a direct impact on meat availability and pricing in Saudi Arabia, putting market stability at risk. Domestic meat production in Saudi Arabia confronts issues due to high manufacturing costs. The country's harsh environment and limited water resources make livestock raising expensive, especially for feed and water, which are essential for meat production.
Market Competitive Landscape
The Saudi Arabia Edible Meat Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Al-Watania Poultry, Almarai Food Company, BRF S.A, Golden Chicken Farm Factory Company, Halwani Brothers Company, Sunbulah Group, Tanmiah Food Company, The Savola Group.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Form, By Distribution Channel.
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| Regions covered | Riyadh, Jeddah, Dammam, Rest of Saudi Arabia
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| Companies Covered | Al-Watania Poultry, Almarai Food Company, BRF S.A, Golden Chicken Farm Factory Company, Halwani Brothers Company, Sunbulah Group, Tanmiah Food Company, The Savola Group.
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COVID-19 Impact on Saudi Arabia Edible Meat Market
The Covid-19 outbreak significantly interrupted global and local supply lines, limiting the availability of animal products in Saudi Arabia. The country's reliance on meat imports, mainly from Brazil, India, and Australia, left it exposed to international supply chain disruptions. Lockdowns, transit limitations, and labor shortages in exporting countries slowed the supply of meat, resulting in temporary shortages and higher pricing in the local market. It has also increased the cost of producing both domestic and imported beef. Domestically, the difficulty of acquiring feed, labor shortages, and the necessity to establish stringent health and safety standards in processing facilities all contributed to increased production costs.
Key Target Audience:
- Urban Consumers
- Health-Conscious Consumers
- Expats and International Residents
- Hospitality and Foodservice Industry
- Retailers and Supermarkets
- Government and Institutional Buyers
- Online Shoppers
- High-Income Segments
- Religious and Cultural Consumers
Our in-depth analysis of the Saudi Arabia Edible Meat Market includes the following segments:
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By Type:
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Beef
Mutton
Poultry
Other Meat
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By Form:
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Canned
Fresh/ Chilled
Frozen
Processed
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By Distribution Channel:
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Convenience Stores
Online Channel
Supermarkets and Hypermarkets
Other
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Key Topics Covered in the Report:
- Saudi Arabia Edible Meat Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Edible Meat Market
- Segmentation of Saudi Arabia Edible Meat Market by Type (Beef, Mutton, Poultry, Other Meat)
- Segmentation of Saudi Arabia Edible Meat Market by Form (Canned, Fresh/Chilled, Frozen, Processed)
- Segmentation of Saudi Arabia Edible Meat Market by Deployment (Convenience Stores, Online Channel, Supermarkets and Hypermarkets, Other)
- Statistical Snap of Saudi Arabia Edible Meat Market
- Expansion Analysis of Saudi Arabia Edible Meat Market
- Problems and Obstacles in Saudi Arabia Edible Meat Market
- Competitive Landscape in Saudi Arabia Edible Meat Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Edible Meat Market
- Details on Current Investment in Saudi Arabia Edible Meat Market
- Competitive Analysis of Saudi Arabia Edible Meat Market
- Prominent Players in the Saudi Arabia Edible Meat Market
- SWOT Analysis of Saudi Arabia Edible Meat Market
- Saudi Arabia Edible Meat Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Edible Meat Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Edible Meat Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Edible Meat Market
7. Saudi Arabia Edible Meat Market, By Type (USD Million) 2020-2033
7.1. Saudi Arabia Edible Meat Market Size, Share and Forecast, By Type, 2020-2026
7.2. Saudi Arabia Edible Meat Market Size, Share and Forecast, By Type, 2027-2033
7.3. Beef
7.4. Mutton
7.5. Poultry
7.6. Other Meat
8. Saudi Arabia Edible Meat Market, By Form (USD Million) 2020-2033
8.1. Saudi Arabia Edible Meat Market Size, Share and Forecast, By Form, 2020-2026
8.2. Saudi Arabia Edible Meat Market Size, Share and Forecast, By Form, 2027-2033
8.3. Canned
8.4. Fresh/ Chilled
8.5. Frozen
8.6. Processed
9. Saudi Arabia Edible Meat Market, By Distribution Channel (USD Million) 2020-2033
9.1. Saudi Arabia Edible Meat Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Saudi Arabia Edible Meat Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. Convenience Stores
9.4. Online Channel
9.5. Supermarkets and Hypermarkets
9.6. Other
10. Saudi Arabia Edible Meat Market Forecast, 2020-2033 (USD Million)
10.1. Saudi Arabia Edible Meat Market Size and Market Share
11. Saudi Arabia Edible Meat Market, By Region, 2020-2033 (USD Million)
11.1. Saudi Arabia Edible Meat Market Size and Market Share By Region (2020-2026)
11.2. Saudi Arabia Edible Meat Market Size and Market Share By Region (2027-2033)
11.3. Riyadh
11.4. Jeddah
11.5. Dammam
11.6. Rest of Saudi Arabia
12. Company Profile
12.1. AL-WATANIA POULTRY
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. ALMARAI FOOD COMPANY
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. BRF S.A
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. GOLDEN CHICKEN FARM FACTORY COMPANY
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. HALWANI BROTHERS COMPANY
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. SUNBULAH GROUP
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. TANMIAH FOOD COMPANY
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. THE SAVOLA GROUP
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links