Market Size of Middle-East and Africa Animal-based Meat and Dairy Products Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.48 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Animal-based Meat & Dairy Products Market Analysis
The Middle-East and Africa animal-based meat and dairy products market was valued at USD 58,666.68 million in 2020, and it is projected to register a CAGR of 3.48% in the forecast period, 2021-2026.
Amid the COVID-19 pandemic, processed meat sales are expected to be driven by frozen variants across the region due to the associated convenience in handling, storing, and preparing. According to the SADAFCO, since March 2020, the novel Coronavirus and its associated restrictions have had a mixed effect on businesses. Though there is a significant rise in the demand for dairy products, ice cream is not considered an essential commodity. In Saudi Arabia, the trade with Australia has been strained after a small coronavirus cluster emerged at a meat factory in the Australian state of Victoria, which was eventually due to cruise ship infections.
Over the medium term, the market is expected to be driven by the rising health consciousness among the consumers who actively seek protein-rich food products. Moreover, factors, such as increasing government-run health and wellness campaigns designed to combat obesity and related problems (diabetes, high blood pressure, heart disease, and high cholesterol) encourage consumers to purchase healthier products, which is directly fueling the dairy market.
The demand for meat has been continuously fulfilled through imports over the years. Thus, the regular imports from partner countries (which have been ensuring the quality standards) are anticipated to drive the market in the near future. Saudi Arabia and the United Arab Emirates are the two largest importers of whole milk powder, butter, and cheese. The major initiatives taken by the government to stimulate imports include a reduction in tariffs, import subsidies, and (subsidized) state trading and distribution.
MEA Animal-based Meat & Dairy Products Industry Segmentation
Animal-based meat and dairy products market cover milk and meat-derived food and beverage products. The market studied is segmented by type, distribution channel, and geography. Based on type, the market studied is segmented into processed meat, dairy beverages, ice cream, cheese, yogurt, and food spreads. Based on distribution channel, the market studied is segmented into hypermarkets/supermarkets, convenience stores, online retail channels, and other distribution channels. Based on geography, the market studied is segmented into South Africa, the United Arab Emirates, Saudi Arabia, Egypt, and Rest of Middle-East and Africa. The report offers market size and forecasts in value (USD million) for all the above segments.
| Type | ||||||
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| Ice Cream | ||||||
| Cheese | ||||||
| Yogurt | ||||||
| Food Spreads |
| Distribution Channel | |
| Hypermarkets/Supermarkets | |
| Convenience Stores | |
| Online Retail Channels | |
| Other Distribution Channels |
| Geography | |
| Saudi Arabia | |
| United Arab Emirates | |
| South Africa | |
| Egypt | |
| Rest of Middle-East and Africa |
Middle-East and Africa Animal-based Meat and Dairy Products Market Size Summary
The Middle-East and Africa animal-based meat and dairy products market is experiencing a steady growth trajectory, driven by increasing health consciousness and the demand for protein-rich foods. The market is characterized by a significant reliance on imports to meet the rising consumer demand, particularly in countries like Saudi Arabia and the United Arab Emirates, which are major importers of dairy products such as whole milk powder, butter, and cheese. The convenience of ready-to-eat meat products, coupled with technological advancements in food preservation and preparation, is further propelling the market. Consumers are increasingly seeking quick and easy meal solutions that do not compromise on nutritional value, which has led to a surge in the consumption of frozen and chilled meat products. However, the market also faces challenges, such as the potential risk of contamination in processed meats, necessitating stringent quality control measures by manufacturers.
The competitive landscape of the Middle-East and Africa animal-based meat and dairy products market is marked by the presence of major players like Sadafco, Ghadeer Dairy Co., and National Food Products Company LLC, who are actively expanding their product portfolios to cater to diverse consumer preferences. These companies are leveraging opportunities in emerging markets and forming strategic partnerships with local firms to enhance their distribution and supply chain capabilities. The region's dependency on imports is underscored by its engagement in trade deals with major dairy-producing countries, ensuring a steady supply of high-quality dairy products. The market's growth is further supported by government initiatives aimed at promoting health and wellness, which encourage the consumption of healthier food options. As the demand for dairy products continues to rise, the market is poised for further expansion, driven by both consumer preferences and strategic industry developments.
Middle-East and Africa Animal-based Meat and Dairy Products Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Processed Meat
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2.1.1.1 Burgers and Grills
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2.1.1.2 Meat Balls
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2.1.1.3 Sausages
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2.1.1.4 Other Processed Meat
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2.1.2 Dairy Beverages
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2.1.2.1 Flavored
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2.1.2.2 Unflavored
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2.1.3 Ice Cream
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2.1.4 Cheese
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2.1.5 Yogurt
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2.1.6 Food Spreads
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2.2 Distribution Channel
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2.2.1 Hypermarkets/Supermarkets
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2.2.2 Convenience Stores
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2.2.3 Online Retail Channels
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2.2.4 Other Distribution Channels
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2.3 Geography
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2.3.1 Saudi Arabia
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2.3.2 United Arab Emirates
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2.3.3 South Africa
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2.3.4 Egypt
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2.3.5 Rest of Middle-East and Africa
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Middle-East and Africa Animal-based Meat and Dairy Products Market Size FAQs
What is the current Middle-East and Africa Animal-based Meat and Dairy Products Market size?
The Middle-East and Africa Animal-based Meat and Dairy Products Market is projected to register a CAGR of 3.48% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Animal-based Meat and Dairy Products Market?
SADAFCO , Ghadeer diary Co, Unikai Foods (PJSC) , National Food Products Company LLC , Al Rawabi Dairy Company and Savola Group are the major companies operating in the Middle-East and Africa Animal-based Meat and Dairy Products Market.
