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Middle East and Africa Processed Meat Market Research Report – Segmented By Processing Type (Chilled, Frozen, Canned), Product Type (Poultry, Beef, Lamb, Pork), Distribution Channel and Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Published: March, 2023
ID: 811
Pages: 135
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Processed Meat Market Size (2024 to 2029)

The processed meat market size in the Middle East and Africa is expected to reach USD 42.51 billion by 2029 from USD 33.17 billion in 2024, growing at a CAGR of 5.09% from 2024 to 2029.

Purchasers are progressively requesting processed-to-eat and processed-to-cook meat items with better taste and quality. The Middle Eastern and African 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 principal meat processing techniques incorporate relieving or salting, smoking and including synthetic additives. Processed meat items comprise bacon, hotdogs, salami, corned hamburger, ham, and 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 in 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 benefits, well-being, assortment, and items 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 in 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 well-being dangers related to the utilization of processed meat can upset market development within 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 confusing 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.

This research report on the Middle East and Africa processed market has been segmented and sub-segmented based on the following categories.

Middle East and Africa Processed Meat Market - By Processing Type:

  • Chilled
  • Frozen
  • Canned

The chilled processed meat segment 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.

Middle East and Africa Processed Meat Market - By Product Type:

  • Poultry
  • Beef
  • Lamb
  • Pork

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.

Middle East and Africa Processed Meat Market - By Distribution Channel:

  • Supermarkets/Hypermarkets
  • Grocery Stores
  • Specialty Retailers
  • Online Channels
  • Others

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 channel sales are also expected to expand rapidly in the following years.

Middle East and Africa Processed Meat Market – By Country:

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

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 most significant part of the food that customers eat because of the area, which is looking for innovative advancements to produce food for food security. Meat developed in the research center is a bleeding-edge innovation that furnishes buyers with elective wellsprings of protein in the Middle East and African processed market. The significant markets right now are Saudi Arabia, Qatar, Kuwait, Iraq, South Africa, Egypt, Nigeria and others

KEY MARKET PLAYERS:

Companies playing a significant role in the Middle East and Africa processed meat market include JBS, NH Foods Ltd, Smithfield Foods, Inc., Cargill Incorporated, ConAgra Foods Inc., National Beef Packing Company, Tyson Foods Inc., Cherkizovo Group PJSC and OSI Group.

RECENT HAPPENINGS IN THIS MARKET:

  • Siniora Food Industries gained Diamond Meat Processing (an organization situated in the UAE) for USD 12 million. The organization's product offering will grow and be differentiated.
  • Cornerstone supplier of processed meat items, for example, ports, hamburger and chicken, and has a chain of quick and fast food eateries and retail channels and accommodation stores that can help support energy.

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