Red Meat Market in Saudi Arabia 2024-2028

The red meat market in Saudi Arabia is forecasted to grow by USD 1.08 bn during 2023-2028, accelerating at a CAGR of 3.8% during the forecast period. The report on the red meat market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising urbanization in Saudi Arabia, marketing campaigns and packaging innovations, and rise of e-commerce and online shopping.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.25%
CAGR	3.8%
Incremental Value	$1.08bn

Technavio's red meat market in Saudi Arabia is segmented as below:

By Distribution Channel

Offline
Online

By Product

Processed meat
Fresh meat

By Type

Beef
Mutton
Others

This study identifies the growing demand for halal certification and traceability as one of the prime reasons driving the red meat market in Saudi Arabia growth during the next few years. Also, promotion of local and sustainable production and rising culinary innovation and fusion of international flavors will lead to sizable demand in the market.

The report on the red meat market in Saudi Arabia covers the following areas:

Red meat market in Saudi Arabia sizing
Red meat market in Saudi Arabia forecast
Red meat market in Saudi Arabia industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading red meat market in Saudi Arabia vendors that include Al Kabeer Group ME, Almarai Co., Almunajem Foods, Americana Foods Inc, Baden, Forsan Foods and Consumer Products Ltd., Golden Meat, Halwani Bros Co., Herfy Food Services Co., Jaber Measam Foodstuff LLC, Lulu Group International, Nashar Meat, Savola Group, Shahia Factory, Siniora, Sunbulah Group, and Taiba Farms. Also, the red meat market in Saudi Arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76981

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibit 13: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibit 14: Chart on Saudi Arabia: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Saudi Arabia: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Red meat market in Saudi Arabia 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on red meat market in saudi Arabia 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 27: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 28: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 29: Chart on Comparison by Distribution Channel
Exhibit 30: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 31: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 32: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 33: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 35: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 37: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 39: Market opportunity by Distribution Channel ($ billion)
Exhibit 40: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 41: Chart on Product - Market share 2023-2028 (%)
Exhibit 42: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 43: Chart on Comparison by Product
Exhibit 44: Data Table on Comparison by Product
7.3 Processed meat - Market size and forecast 2023-2028
Exhibit 45: Chart on Processed meat - Market size and forecast 2023-2028 ($ billion)
Exhibit 46: Data Table on Processed meat - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Chart on Processed meat - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Processed meat - Year-over-year growth 2023-2028 (%)
7.4 Fresh meat - Market size and forecast 2023-2028
Exhibit 49: Chart on Fresh meat - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Data Table on Fresh meat - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Chart on Fresh meat - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Fresh meat - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
Exhibit 53: Market opportunity by Product ($ billion)
Exhibit 54: Data Table on Market opportunity by Product ($ billion)

8 Market Segmentation by Type

8.1 Market segments
Exhibit 55: Chart on Type - Market share 2023-2028 (%)
Exhibit 56: Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
8.3 Beef - Market size and forecast 2023-2028
Exhibit 59: Chart on Beef - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Beef - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Beef - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Beef - Year-over-year growth 2023-2028 (%)
8.4 Mutton - Market size and forecast 2023-2028
Exhibit 63: Chart on Mutton - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on Mutton - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on Mutton - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Mutton - Year-over-year growth 2023-2028 (%)
8.5 Others - Market size and forecast 2023-2028
Exhibit 67: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Others - Year-over-year growth 2023-2028 (%)
8.6 Market opportunity by Type
Exhibit 71: Market opportunity by Type ($ billion)
Exhibit 72: Data Table on Market opportunity by Type ($ billion)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 74: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 75: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 76: Overview on factors of disruption
11.4 Industry risks
Exhibit 77: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 78: Vendors covered
12.2 Market positioning of vendors
Exhibit 79: Matrix on vendor position and classification
12.3 Almarai Co.
Exhibit 80: Almarai Co. - Overview
Exhibit 81: Almarai Co. - Business segments
Exhibit 82: Almarai Co. - Key offerings
Exhibit 83: Almarai Co. - Segment focus
12.4 Almunajem Foods
Exhibit 84: Almunajem Foods - Overview
Exhibit 85: Almunajem Foods - Product / Service
Exhibit 86: Almunajem Foods - Key offerings
12.5 Americana Foods Inc
Exhibit 87: Americana Foods Inc - Overview
Exhibit 88: Americana Foods Inc - Product / Service
Exhibit 89: Americana Foods Inc - Key offerings
12.6 Forsan Foods and Consumer Products Ltd.
Exhibit 90: Forsan Foods and Consumer Products Ltd. - Overview
Exhibit 91: Forsan Foods and Consumer Products Ltd. - Product / Service
Exhibit 92: Forsan Foods and Consumer Products Ltd. - Key offerings
12.7 Golden Meat
Exhibit 93: Golden Meat - Overview
Exhibit 94: Golden Meat - Product / Service
Exhibit 95: Golden Meat - Key offerings
12.8 Halwani Bros Co.
Exhibit 96: Halwani Bros Co. - Overview
Exhibit 97: Halwani Bros Co. - Product / Service
Exhibit 98: Halwani Bros Co. - Key offerings
12.9 Herfy Food Services Co.
Exhibit 99: Herfy Food Services Co. - Overview
Exhibit 100: Herfy Food Services Co. - Product / Service
Exhibit 101: Herfy Food Services Co. - Key offerings
12.10 Jaber Measam Foodstuff LLC
Exhibit 102: Jaber Measam Foodstuff LLC - Overview
Exhibit 103: Jaber Measam Foodstuff LLC - Product / Service
Exhibit 104: Jaber Measam Foodstuff LLC - Key offerings
12.11 Lulu Group International
Exhibit 105: Lulu Group International - Overview
Exhibit 106: Lulu Group International - Product / Service
Exhibit 107: Lulu Group International - Key offerings
12.12 Nashar Meat
Exhibit 108: Nashar Meat - Overview
Exhibit 109: Nashar Meat - Product / Service
Exhibit 110: Nashar Meat - Key offerings
12.13 Savola Group
Exhibit 111: Savola Group - Overview
Exhibit 112: Savola Group - Product / Service
Exhibit 113: Savola Group - Key offerings
12.14 Shahia Factory
Exhibit 114: Shahia Factory - Overview
Exhibit 115: Shahia Factory - Product / Service
Exhibit 116: Shahia Factory - Key offerings
12.15 Siniora
Exhibit 117: Siniora - Overview
Exhibit 118: Siniora - Product / Service
Exhibit 119: Siniora - Key offerings
12.16 Sunbulah Group
Exhibit 120: Sunbulah Group - Overview
Exhibit 121: Sunbulah Group - Product / Service
Exhibit 122: Sunbulah Group - Key offerings
12.17 Taiba Farms
Exhibit 123: Taiba Farms - Overview
Exhibit 124: Taiba Farms - Product / Service
Exhibit 125: Taiba Farms - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 126: Inclusions checklist
Exhibit 127: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 128: Currency conversion rates for US$
13.4 Research methodology
Exhibit 129: Research methodology
Exhibit 130: Validation techniques employed for market sizing
Exhibit 131: Information sources
13.5 List of abbreviations
Exhibit 132: List of abbreviations