PUBLISHER: Grand View Research | PRODUCT CODE: 1889018
PUBLISHER: Grand View Research | PRODUCT CODE: 1889018
The Middle East meat extract market size was estimated at USD 121.8 million in 2024 and is projected to reach 170.6 million in 2033, growing at a CAGR of 3.8% from 2025 to 2033. The meat industry in the Middle East is constantly evolving, driven by shifting consumer preferences, population growth, and economic development.
Despite grappling with issues such as water scarcity, environmental concerns, and reliance on imports, meat producers in the region are utilizing innovation, investment, and technological advancements to meet demand and ensure food security. Through the adoption of contemporary production techniques, sustainable initiatives, and strategic market expansion, the meat sector in the Middle East is primed for sustained growth and success in the foreseeable future.
Poultry-based extracts are considered the most attractive segment owing to rising health awareness among consumers in GCC countries. Consumers are shifting from the consumption of red meat to poultry due to its high cholesterol content. The growing popularity of chicken-based extracts among the younger generation and the increasing demand for organic food products are the primary factors driving the overall meat extract market. Furthermore, increasing consumer awareness of animal protein intake and the wide variety of meat extracts available at lower prices is projected to drive regional growth.
The increase in imports of meat products in Saudi Arabia has contributed to a rise in the demand for meat extract. With the increase in meat imports, Saudi Arabia has gained access to a wider variety of meat sources, including beef, lamb, and possibly exotic meats. This variety prompts a corresponding demand for meat extract that can capture and enhance the unique flavors of these different meats. In January 2024, Saudi Arabia announced the resumption of meat imports from South Africa following the lifting of a 20-year ban. This decision is part of Saudi Arabia's investment efforts in South Africa, the most developed economy on the continent. The Food and Drug Administration of Saudi Arabia lifted the prohibition on South African meat imports in August 2023. Subsequently, final approvals have been granted for the shipment of halal cuts to Saudi Arabia, marking the beginning of beef and lamb product imports from South Africa.
Middle East Meat Extract Market Report Segmentation
This report forecasts volume & revenue growth at the regional and country levels, providing an analysis of the latest trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Middle East meat extract market report based on type, form, application, and country: