A vital part of human nutrition, edible meat supplies vital proteins, vitamins, and minerals needed for development, growth, and general health. It encompasses a range of animal products, including beef, chicken, lamb, goat, and pork, which are consumed globally based on dietary, cultural, and religious preferences. Because it can be used in so many different traditional and contemporary recipes, meat is prized not only for its nutritional value but also for its culinary adaptability. Food systems and economies greatly benefit from the global edible meat industry, which includes production, processing, distribution, and retail. Edible meat is still a staple of food consumption and cultural customs around the world, despite population growth and changing dietary preferences.
According to SPER market research, ‘Saudi Arabia Edible Meat Market Size- By Type, By Form, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Saudi Arabia Edible Meat Market is estimated to reach USD 7.63 billion by 2033 with a CAGR of 2.15%.
Drivers:
The overall population of Saudi Arabia is projected to reach a high point in the future. Rapid urbanization and this growth are increasing demand for easily accessible and convenient food options, such as meat. A larger percentage of the population is predicted to live in urban areas, which will increase the consumption of meat products as urban lifestyles encourage a higher protein intake in line with global dietary trends. It is anticipated that Saudi Arabia's average disposable income will increase in the future. Customers can spend more on high-quality food items, such as premium meat options, thanks to their increased disposable income. The market for edible meat is expected to grow as consumers prioritize higher-quality, protein-rich diets as their purchasing power increases. The expansion of supermarkets and hypermarkets is expected to fuel future growth in Saudi Arabia's retail industry.
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Restraints:
The edible meat market in Saudi Arabia is impacted by strict regulatory compliance requirements, which include food safety standards set by the Saudi Food and Drug Authority (SFDA). Estimates of the high costs of compliance suggest that businesses may have to pay more annually to meet these standards. This can limit competition and innovation by preventing smaller players from entering the market. Saudi Arabia's edible meat market is susceptible to supply chain interruptions, especially as a result of international trade disputes and geopolitical unrest. For example, since feed prices have fluctuated recently, interruptions in the supply of feed can result in higher costs. Such fluctuations may affect the price and accessibility of meat production, creating difficulties for both producers and consumers.
The high population density, rising disposable incomes, and robust food service industry in the Riyadh region have made it a dominant force in the edible meat market in Saudi Arabia. Some of the major market players are: Al-Watania Poultry, Almarai Food Company, BRF S.A., Golden Chicken Farm Factory Company, Halwani Brothers Company, Sunbulah Group, Tanmiah Food Company, and The Savola Group.
For More Information, refer to below link: –
Saudi Arabia Edible Meat Market Growth
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