United Arab Emirates Edible Meat Market - Growth, Trends, and Forecast (2022 - 2027)
United Arab Emirates Edible Meat Market is projected to grow at a CAGR of 6.5% during the forecast period (2020 - 2025).
Key HighlightsThe evolving retail industry in the United Arab Emirates is marked by the emergence of many stores in the hypermarket/supermarket and specialty formats. Comfort and convenience are increasingly becoming important to customers because of their hectic lifestyles and work schedules. For the most part, poultry companies in the United Arab Emirates are well-managed and staffed with knowledgeable sales representatives. Large domestic producers are capable of distributing products directly to retailers; else, they have their own retail outlets. In the past years, online spending by consumers has risen significantly. The growth opportunity for the sales of various edible meat through the online channel has forced online vendors to improve purchase processes in terms of security and reliability, which, in turn, has propelled the demand for these products. For instance, LuLu, Kibsons, and MEAT ONE are some of the major players with a significant presence. Thus, most vendors are adopting online retail strategies to reduce costs and increase their margins, which will benefit the market during the forecast period.
Poultry Holds a Significant Market ShareThe poultry sector in the United Arab Emirates continues to grow at a significant rate, though imports are still making up the most important part of the poultry market demand there, according to the USDA's Foreign Agricultural Service. The poultry market sector in the United Arab Emirates continues to face serious challenges with diseases being the greatest problem. Avian Influenza, a scandal on Brazilian meat and new halal certification requirements that posed different obstacles for the poultry businesses in the United Arab Emirates. However, Arabians prefer consuming chicken especially Brazilian chicken as it is perceived as a quality product, competitively priced, and has low water content.
Competitive LandscapeThe edible meat market in the United Arab Emirates is competitive, as it involves various local and global players. Government support has enabled manufacturers to improve production technology and to compete with international food suppliers in terms of prices and quality. Some of the major players in the market are Najmat Taiba Foodstuff LLC, Al Kabeer Group ME, Al Islami Food, Diamond Meat Processing LLC, JBS, and BRF SA, among others.
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