Meat - United Arab Emirates

United Arab Emirates

Revenue in the Meat market amounts to €5,102.00m in 2024. The market is expected to grow annually by 5.35% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€253bn in 2024).
In relation to total population figures, per person revenues of €531.90 are generated in 2024.
In the Meat market, volume is expected to amount to 745.70m kg by 2029. The Meat market is expected to show a volume growth of 4.5% in 2025.
The average volume per person in the Meat market is expected to amount to 65.4kg in 2024.

Key regions: Russia, China, Spain, Canada, United Kingdom

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Meat Market in the United Arab Emirates is experiencing minimal growth, driven by factors such as increasing health consciousness among consumers, the convenience of online meat services, and the rising demand for meat substitutes. Despite the slow growth rate, the market is expected to continue expanding due to the diverse sub-markets within The Food market and the country's growing population and economy.

Customer preferences: Consumers in the UAE are increasingly turning towards plant-based and organic meat alternatives as they become more health-conscious and environmentally aware. Additionally, there is a growing trend of seeking out locally sourced and ethically raised meat products. This shift towards more sustainable and ethical food choices is also influenced by the country's diverse demographics and the increasing demand for halal products. Moreover, the rise of e-commerce and online grocery platforms has made it easier for consumers to access a wider variety of meat options, including niche and specialty products.

Trends in the market: In the United Arab Emirates, the Meat Market within The Food market industry is experiencing a shift towards healthier and more sustainable options. Consumers are increasingly seeking out ethically-sourced and organic meat products, while also showing a growing interest in plant-based alternatives. This trend is expected to continue, driven by increasing health and environmental concerns. Industry stakeholders will need to adapt their offerings and supply chains to cater to this demand, potentially leading to a more diverse and competitive market. Additionally, advancements in technology and e-commerce are expected to play a significant role in the growth of the meat market, as online shopping and delivery services become more prevalent in the region. This presents opportunities for industry players to leverage new platforms and reach a wider customer base. However, it also poses challenges in terms of logistics and supply chain management, which will need to be addressed for the industry to fully capitalize on this trend.

Local special circumstances: In the United Arab Emirates, the Meat Market is heavily influenced by the country's cultural and religious beliefs. As a Muslim-majority country, the consumption of pork is prohibited, resulting in a higher demand for halal meat. The country's geographical location also plays a role, with a large portion of its meat supply being imported from neighboring countries. Additionally, the UAE's strict food safety regulations ensure high quality and safe meat products, making it a trusted market for consumers.

Underlying macroeconomic factors: The Meat Market within The Food market in the United Arab Emirates is heavily influenced by macroeconomic factors such as overall economic stability, consumer purchasing power, and government policies. The country's strong economic growth and high per capita income have led to an increase in demand for high-quality meat products. Furthermore, the government's investments in infrastructure and initiatives to promote domestic food production have boosted the growth of the Meat Market. Additionally, the rise in health-conscious consumers and the growing expat population in the UAE are driving the demand for healthier and ethically-sourced meat options.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.