The Size of the Middle East and Africa Processed Meat Market was worth US$ 40.52 billion in 2021, and it is evaluated to arrive at a valuation of US$ 78.02 billion by the end of 2026, extending at a compound yearly development pace of about 14% during the estimated time of 2021 to 2026. Purchasers are progressively requesting processed to-eat and processed to-cook meat items with better taste and quality.
The Middle-East and Africa Processed Meat Market is expanding due to the gigantic utilization of halal meat. Processed meat is saved with tasty animal meat to improve its flavor or extend its period of usability. A portion of the principle meat processing techniques incorporate relieving or salting, smoking and including synthetic additives. Processed meat items comprise bacon, hotdogs, salami, corned hamburger, ham, dried meat.
The expansion in urban life in the Middle East and Africa Processed Meat Market has driven customers to pick functional foods that don't invest energy cooking or getting ready. The developing inclination for prepared-to-eat foods is powering the market for processed meat items. The main features that purchasers find in arranged foods are convenience, packaging, dietary benefit, wellbeing, assortment and item offered. Processed meat items are produced with the expansion of different additives under specific conditions, some of which require a proficient stock and capacity chain to keep up their properties.
The development of processed meat in the Middle East and Africa area might be because of changes in purchaser patterns and the rise of new bites. As the inclination for prepared-to-eat meats and suppers among urban customers expands, the interest for processed meat increments, boosting the development of the processed meat market right now.
Additionally, changes in meat conservation advances quicken the production of processed meat, making them promptly accessible in the MEA developing nations.
Be that as it may, the wellbeing dangers related to the utilization of processed meat can upset market development inside the estimated time frame. Worries about the risk of malignant growth and coronary illness because of undesirable ways of life and high utilization of processed foods are expanding, making it confused to receive processed meat and meat items. The slope in the expenses of crude materials is a fundamental restriction in the Middle East and Africa processed meat market.
The Middle East and Africa processed meat market can be sectioned into chilled processed meat, frozen processed meat, and canned. Chilled processed meat is foreseen to record exponential growth in the estimated time frame. This is due to its ability to reduce cooking time and meet the needs of consumers. Frozen processed meat is additionally suspected of showing a notable development in the years to come.
Based on the product type, the MEA market can be sectioned into poultry, pork, lamb, beef and others. Of all these meat types, poultry was the leading segment and is estimated to record ample development in the projected years. The processed pork was another vital section of this market due to the rising interest for various processed items, like ham, bacon, etc.
Among all the sales channels, supermarkets/hypermarkets accounted for a leading portion in the regional market due to the availability of multiple products under one roof. Online channels sales are also deemed to expand rapidly in the following years.
Geologically, the MEA processed meat market is partitioned into the Middle East areas and Africa locales. Africa's processed meat market holds the most significant portion in the region, and the Middle East is required to develop at a high CAGR during the gauge time frame. The Gulf State imports the more significant part of the food that customers eat because of the area, which looks for innovative advancements to produce food for food security. Meat developed in the research centre is a bleeding-edge innovation that furnishes buyers with elective wellsprings of protein in the Middle East and Africa processed market. The significant markets right now Saudi Arabia, Qatar, Kuwait, Iraq, South Africa, Egypt, Nigeria and others
Key Players in the market:
Major Key Players in the MEA Processed Meat Market are
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Processed Meat Market, By Processing Type
6.1.4 Market Size Estimations & Forecasts (2021-2026)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Processed Meat Market, By Product Type
6.2.5 Market Size Estimations & Forecasts (2021-2026)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Processed Meat Market, By Distribution Channel
6.3.2 Grocery Stores
6.3.3 Specialty Retailers
6.3.4 Online Channels
6.3.5 Market Size Estimations & Forecasts (2021-2026)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 Middle East and Africa - Market Analysis (2021-2026)
7.2.1 By Country
22.214.171.124 Middle East
7.2.2 By Processing Type
7.2.3 By Product Type
7.2.4 By Distribution Channel
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 NH Foods Ltd
8.3 Smithfield Foods, Inc
8.4 Cargill Incorporated
8.5 ConAgra Foods Inc.
8.6 National Beef Packing Company, LLC
8.7 Tyson Foods Inc
8.8 Cherkizovo Group PJSC
8.9 OSI Group
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures