Market Trends of Middle-East and Africa Animal-based Meat and Dairy Products Industry
This section covers the major market trends shaping the MEA Animal-based Meat & Dairy Products Market according to our research experts:
Surging Demand for Processed Meat Products
Convenience is the key factor driving the growth of RTE meat consumption in the region, along with the increasing disposable income and a rise in the number of working women. Furthermore, due to the technological innovations in the food industry, the range of convenience food has expanded to chilled, frozen, and shelf-stable, microwave-able, prepared mixes, thereby promoting the market for frozen and meat products in Middle East & Africa. Ready-to-eat meat gradually emerged as one of the fastest-growing segments in the packaged and produced food market due to increasing purchasing power, progressing lifestyle, and changing consumer patterns that encourage healthy eating. Furthermore, consumers have been inclined toward convenient food products, such as ready meals, owing to their instant nature, i.e., lesser preparation time and easy handling. Moreover, due to busy and hectic lifestyles, consumers are demanding dishes that can be prepared and served quickly and eaten on the go. The availability of options containing protein-rich red meat satisfy the breakfast needs of the consumers. Moreover, the advancements in freezing technologies, innovative refrigerator displays in supermarkets and better and faster supply chain solutions are responsible for the increasing consumption and the growing demand for frozen meat. However, in the case of processed meat, the potential threat of contamination at various stages of transportation, handling, and processing poses a greater risk of food-borne diseases, as these products contain a high initial microbial load. This situation certainly demands manufacturers to be more cautious and determined to provide top-notch quality products to consumers, considering the segment's growing appeal.
Rising Trade of Dairy Products in the Region
In the Middle East & Africa, countries like Saudi Arabia, the United Arab Emirates, and Kuwait have a magnanimous demand for dairy products. They are dependent on imports from other countries to satiate their demand. Thus, the region has been engaged in several trade deals with the major dairy product-producing countries over the years. The region is witnessing the establishment of new bonds to meet the consumer demands for high-quality dairy products. According to the International Trade Centre (ITC), Iraq is the largest importer of fermented dairy products from Kuwait, followed by Saudi Arabia and Qatar, accounting for 18,043 metric ton or 99.7% of Kuwait's export share of fermented dairy products in 2018. According to the Arab-Brazilian Chamber of Commerce (ABCC), the Middle East is the second-largest importer of Brazilian dairy products after South America. Furthermore, butter and cheese are the other major dairy products imported to Middle-East and Africa, with Saudi Arabia and Egypt being the major importers. The rising dairy imports in the region imply the growing consumption of dairy products, boosting the growth of the market studied.