Saudi Arabia Meat Market, By Product Type (Red Meat, White Meat, Seafood); By Form (Fresh, Frozen, Processed); By Distribution Channel (Hypermarkets & Supermarkets, Food & Drinks Specialists, Convenience Stores, Cash and Carry/Warehouse Clubs, E-Retailers

Saudi Arabia Meat Market, By Product Type (Red Meat, White Meat, Seafood); By Form (Fresh, Frozen, Processed); By Distribution Channel (Hypermarkets & Supermarkets, Food & Drinks Specialists, Convenience Stores, Cash and Carry/Warehouse Clubs, E-Retailers), Trend Analysis, Competitive Landscape & Forecast, 2019–2031

Saudi Arabia Meat Market on Fire to Touch Tasty Value of USD 10 Billion by 2031

Saudi Arabia Meat Market is booming primarily due to a surging demand for halal products, rapid urbanization with growing population, and the robust development of cold storage and logistics networks.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Meat Market size by value at USD 5.3 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Saudi Arabia Meat Market size to boom at a robust CAGR of 7.6% reaching a value of USD 9.8 billion by 2031. The growth of Meat Market in Saudi Arabia is propelled by the rapid expansion of the urban areas with growing population with an increasing disposable incomes. There is a noticeable shift toward healthier options, such as poultry and seafood, reflecting a growing prioritization of health and wellness. Additionally, the flourishing tourism sector and swift urbanization further enhance consumption levels. The development of extensive retail networks, including supermarkets and hypermarkets, improves accessibility to these products. Government initiatives aimed at ensuring food security and promoting domestic production, alongside advancements in meat processing and preservation technologies, establish a robust foundation for market growth. Given the country's limited agricultural land, the reliance on meat consumption remains substantial, necessitating strong collaborations with global suppliers to maintain a consistent supply chain. Furthermore, the increasing preference for protein-rich diets and the rise of online meat shopping platforms contribute significantly to the dynamic expansion of this market.

White Meat Segment Holds Largest Market Share

Saudi Arabia Meat Market is currently dominated by white meat, with production reaching a record high of 558,000 metric tons in the first half of 2024, reflecting a robust 9% year-over-year (YoY) growth. The surge is attributed to the adoption of modern farming techniques, including automated feeding systems and climate-controlled environments, the implementation of stringent biosecurity measures to minimize disease outbreak, and strong government support, including financial incentives, research and development funding, and the creation of enabling regulatory frameworks, all aligned with the ambitious goals of Saudi Vision 2023. The robust growth in the poultry sector is poised to continue, driven by increasing consumer demand, expanding domestic production capacity, and ongoing government support, contributing significantly to enhanced food security, economic growth, and job creation within the Kingdom.

Impact of Escalating Geopolitical Tensions on Saudi Arabia Meat Market

Intensifying geopolitical tensions, particularly in the Middle East, could have a multifaceted impact on Saudi Arabia Meat Market. Military tensions in the neighboring countries disrupt global trade routes, leading to increased import costs and delays. Fluctuations in oil prices, a consequence of geopolitical instability, impact the nation's economy and consumer spending, dampening demand for premium meat. Diplomatic disputes can disrupt trade agreements and restrict market access. Rising transportation costs and logistical hurdles due to conflict zones further complicate the supply chain. To mitigate these risks, Saudi Arabia must diversify its import sources and strengthen its domestic meat production capabilities.

Competitive Landscape

Saudi Arabia Meat Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Halwani Bros, ARASCO FOODS, Almunajem Foods, Americana Group, BRF S.A., Mahmoud Al Nasher and Partners Co., Sunbulah Group, Tanmiah Food Company, and The Savola Group. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Saudi Arabia Meat Market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and Saudi Arabia Meat Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Meat Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.