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UAE, KSA and Qatar BEEF Market

UAE, KSA and Qatar BEEF Market By Product (Fresh, Frozen, Processed); By End User (Residential, Catering, Hotel/Restaurants, Others); By Distribution (Online, Supermarket/Hypermarket, Convenience Store, Butcher Shops, Others); By Country – Growth, Future Prospects & Competitive Analysis, 2020 – 2030

Summary
Table Of Content

UAE, KSA, and Qatar BEEF Market Overview

Beef holds a pivotal position in the dietary framework of the Middle East, characterized by substantial demand for both domestically produced and imported beef. This demand is shaped by cultural predilections, religious mandates—particularly Halal stipulations—and economic determinants. Predominantly inhabited by Muslim communities, the Middle East exhibits a pronounced preference for Halal-certified beef, adhering strictly to Islamic dietary laws. This preference significantly influences both production and consumption patterns in the region.

Several Middle Eastern nations increasingly rely on beef imports to satisfy their internal needs, while others are progressively investing in local beef production. This strategy aims to bolster self-reliance and diminish import dependence. The beef market in key countries such as the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), and Qatar has been robust. In 2022, the demand in these markets was valued at approximately USD 4,540.58 million. Projections indicate a growth trajectory, with the market value potentially reaching USD 6,898.05 million by 2030, expanding at a CAGR of 5.21% from 2023 to 2030. This growth underscores the ingrained significance of beef within the Middle Eastern culinary landscape, driven by a blend of local tastes, religious compliance, and economic factors.

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UAE, KSA and Qatar BEEF Market Driver and Trends

The beef market in the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), and Qatar is undergoing significant growth, driven by a combination of demographic, economic, and cultural factors. Central to this expansion is the increasing population and urbanization in these countries, which escalates the demand for protein-rich foods, including beef.

Population Growth: The UAE, KSA, and Qatar have grown substantially in recent decades. A larger population base naturally amplifies the demand for various food products, prominently for protein sources such as beef.
Economic Prosperity and Rising Disposable Income: The economic flourishing of these Gulf nations has led to enhanced disposable income among their populations. With increased wealth, there is a discernible shift towards seeking improved quality of life, often including a more diversified and nutritious diet. This dietary shift includes a heightened consumption of protein-rich foods, particularly beef.
Health and Nutrition Awareness: Alongside economic growth, there is an increasing awareness regarding health and nutrition. This awareness, combined with existing cultural preferences, is propelling the market growth for beef.
Demographic Shifts: The demographic landscape in these countries is evolving, with a notable increase in the younger population and the expansion of the middle class. Younger demographics tend to exhibit distinct dietary preferences, including a greater demand for protein-rich foods like beef.
Rapid Urbanization: The UAE, KSA, and Qatar are experiencing swift urbanization, with a significant movement of populations from rural to urban areas. This transition often results in a change in dietary patterns, with urban residents typically leading busier lifestyles. Consequently, there is a growing reliance on convenient and readily accessible food options, which includes meat products.
Influence of Western Dietary Habits: In urban areas of the UAE, KSA, and Qatar, the influence of Western lifestyles and dietary habits is increasingly evident. Western diets, known for their substantial meat content, are contributing to the escalating demand for beef in these regions.

These drivers collectively indicate a robust and continuing growth trend in the beef market within these nations, reflecting the interplay of demographic changes, economic advancements, and cultural shifts.

UAE, KSA and Qatar BEEF Market Challenges and Restraints Factors

The beef market in the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), and Qatar faces significant challenges and restraints, chiefly due to water scarcity, agricultural limitations, and stringent government regulations. In these arid regions, the severe water scarcity poses a formidable obstacle to cattle farming and feed cultivation, leading to a heavy reliance on imported feedstock and escalating operational costs and complexities. The harsh climatic conditions and limited arable land further constrain large-scale cattle farming, making these countries heavily dependent on beef imports. On the regulatory front, government policies concerning beef importation, including quotas, tariffs, and Halal certification standards, greatly influence market dynamics. Further, with a growing focus on sustainability and environmental conservation, these nations may implement stricter regulations affecting cattle farming practices and feed imports. These factors, combined with the shifting economic priorities as these countries diversify away from oil dependency, necessitate careful navigation and strategic planning by market stakeholders to ensure sustainable growth and viability of the UAE, KSA, and Qatar beef industry.

Interesting Facts about BEEF Market

Brazil is the world’s top beef exporter, followed by Australia, India, and the United States.
The United States, Brazil, China, Argentina, and Australia are among the top beef-producing countries in the world.
Cattle contribute to greenhouse gases, but they only account for 3.3% of total emissions.
Beef is rich in protein and provides energy; more than 99% of the animal is used, with 65% going toward meat production and the other 34% used for gelatin, cosmetics, and medicines.
Beef is one of the best sources available for 10 essential nutrients, including vitamin B6, iron, protein, selenium, and zinc.
In the UAE, the red meat segment, which includes beef, accounts for the highest market share in the meat market, driven by the growing population, increasing disposable income, and flourishing tourism industry.

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Competitive Analysis

Top Key players include into the report are:

Almunajem Foods
Americana Foods Inc.
BRF S.A.
Tanmiah Food Company
Nasher Fresh Beef Company
Sunbulah Group
The Savola Group
Al Rawdah
Agthia Group
Qatar Beef Production Co
A’Saffa Foods
Widam Food Company QSC
Al Qusaimi Meat Co.

Recent Developments

In September 2023, The Organic Meat Company Limited (TOMCL) of Pakistan marked a significant achievement in the country’s meat industry by securing a deal to supply frozen boneless beef to the United Arab Emirates (UAE). This multi-million dollar agreement was formally announced to the Pakistan Stock Exchange on the previous Thursday.

In July 2022, Tyson Foods, a major player in the global meat industry, announced its plans to extend its international presence through a strategic investment in a Saudi Arabian meat company. Tyson Foods will acquire a 15% equity stake in the Tanmiah subsidiary Agriculture Development Company (ADC) and a 60% equity stake in Supreme Foods Processing Company. The completion of this transaction is subject to the approval of regulators in the Kingdom of Saudi Arabia. Tyson, based in Springdale, did not reveal the specific investment amount, but it falls within the company’s allocated capital expenditure of $2 billion for the fiscal year.

Segmentation

By Product:
- Fresh
- Frozen
- Processed
By End User:
- Residential
- Catering
- Hotel/Restaurants
- Others
By Distribution:
- Online
- Supermarket/Hypermarket
- Convenience Store
- Butcher Shops
- Others
By Country

CHAPTER NO. 1 : INTRODUCTION 19
1.1. Report Description 19
1.1.1. Purpose of the Report 19
1.1.2. USP & Key Offerings. 19
1.2. Key Benefits for Stakeholders 19
1.3. Target Audience 20
1.4. Report Scope 21

CHAPTER NO. 2 : EXECUTIVE SUMMARY 22
2.1. Beef Market Snapshot. 22
2.2. UAE, KSA and Qatar Beef Market, 2017 – 2030 (Kilo Tons) (USD Million) 23

CHAPTER NO. 3 : IMPACT ANALYSIS OF COVID 19 & RUSSIA-UKRAINE WAR ON BEEF
MARKET . 24
3.1. Impact Assessment of COVID-19 Pandemic. 24
3.2. Impact Assessment of Russia Ukraine War 24

CHAPTER NO. 4 : BEEF MARKET – INDUSTRY ANALYSIS 25
4.1. Introduction 25
4.2. Market Drivers 26
4.2.1. Growing Population & Economic Prosperity. 26
4.2.2. Changing Demographics, Urbanization and Westernization of Diets 26
4.2.3. Health and Nutrition Awareness coupled with Cultural Preferences. 27
4.3. Market Restraints 28
4.3.1. Water Scarcity and Agricultural Challenges 28
4.3.2. Government Regulations. 29
4.4. Market Opportunities 30
4.4.1. Investment in Local Production 30
4.4.2. E-commerce and Online Retail. 30
4.5. Porter’s Five Forces Analysis 32
4.6. Value Chain Analysis 33
4.7. Buying Criteria34

CHAPTER NO. 5 : IMPORT EXPORT ANALYSIS. 35
5.1. Import Analysis by Region. 35
5.1.1. UAE, KSA and Qatar Beef Market Import Volume/Revenue, By Region,
2017 – 2022 . 35
5.1.2. UAE, KSA and Qatar Beef Market Import Volume, By Country, 2017 – 2022
(Kilo Tons) 35
5.2. Export Analysis by Region 36
5.2.1. UAE, KSA and Qatar Beef Market Export Volume/Revenue, By Region,
2017 – 2022 . 36
5.2.2. UAE, KSA and Qatar Beef Market Export Volume, By Country, 2017 – 2022
(Kilo Tons) 36

CHAPTER NO. 6 : BEEF PRODUCTION BY COUNTRY 37
6.1. Production Analysis by Country. 37
6.1.1. UAE, KSA and Qatar Beef Market Production Volume, By Country, 2017 –
2022 (Kilo Tons). 37

CHAPTER NO. 7 : ANALYSIS COMPETITIVE LANDSCAPE 38
7.1. Company Market Share Analysis – 2022 38
7.1.1. UAE, KSA and Qatar Beef Market: Company Market Share, by Volume,
2022 38
7.1.2. UAE, KSA and Qatar Beef Market: Company Market Share, by
Revenue2022. 39
7.1.3. UAE, KSA and Qatar Beef Market: Top 6 Company Market Share, by
Revenue 2022 40
7.1.4. UAE, KSA and Qatar Beef Market: Top 3 Company Market Share, by
Revenue 2022 41
7.1. UAE, KSA and Qatar Beef Market Company Volume Market Share, 2022 . 42
7.2. UAE, KSA and Qatar Beef Market Company Revenue Market Share, 2022 43
7.3. Company Assessment Metrics, 2022 . 44
7.4. Company Assessment Metrics. 44
7.4.1. Stars 44
7.4.2. Emerging Leaders 44
7.4.3. Pervasive Players. 44
7.4.4. Participants. 44
7.5. Strategic Developments 45
7.5.1. Acquisitions & Mergers, Agreements, etc 45
7.6. Key Players Product Matrix . 47

CHAPTER NO. 8 : PESTEL & ADJACENT MARKET ANALYSIS . 50
8.1. PESTEL 50
8.1.1. Political Factors . 50
8.1.2. Economic Factors. 50
8.1.3. Social Factors. 51
8.1.4. Technological Factors 52
8.1.5. Environmental Factors. 52
8.1.6. Legal Factors 53
8.2. Adjacent Market Analysis 54

CHAPTER NO. 9 : BEEF MARKET – BY PRODUCT SEGMENT ANALYSIS . 56
9.1. Beef Market Overview, by Product Segment. 56
9.1.1. Beef Market Volume Share, By Product, 2022 & 2030 56
9.1.2. Beef Market Revenue Share, By Product, 2022 & 2030 56
9.1.3. Beef Market Attractiveness Analysis, By Product . 57
9.1.4. Incremental Revenue Growth Opportunity, by Product, 2023 – 2030 . 57
9.1.5. Beef Market Revenue, By Product, 2017, 2022, 2026 & 2030. 58
9.2. Fresh 59
9.3. Frozen 60
9.4. Processed 61

CHAPTER NO. 10 : BEEF MARKET – BY END-USER SEGMENT ANALYSIS. 62
10.1. Beef Market Overview, by End-user Segment. 62
10.1.1. Beef Market Volume Share, By End-user, 2022 & 2030 62
10.1.2. Beef Market Revenue Share, By End-user, 2022 & 2030. 62
10.1.3. Beef Market Attractiveness Analysis, By End-user 63
10.1.4. Incremental Revenue Growth Opportunity, by End-user, 2023 – 2030 63
10.1.5. Beef Market Revenue, By End-user, 2017, 2022, 2026 & 2030 . 64
10.2. Residential 65
10.3. Hotel/Restaurants. 65
10.4. Catering 66
10.5. Others 66

CHAPTER NO. 11 : BEEF MARKET – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS
67
11.1. Beef Market Overview, by Distribution Channel Segment 67
UAE, KSA AND QATAR BEEF MARKET, 2017 – 2030
PAGE NO. | 11 COPYRIGHT © 2023 CREDENCE RESEARCH
11.1.1. Beef Market Revenue Share, By Distribution Channel, 2022 & 2030 67
11.1.2. Beef Market Revenue Share, By Distribution Channel, 2022 & 2030 67
11.1.3. Beef Market Attractiveness Analysis, By Distribution Channel 68
11.1.4. Incremental Revenue Growth Opportunity, by Distribution Channel, 2023 –
2030 68
11.1.5. Beef Market Revenue, By Distribution Channel, 2017, 2022, 2026 & 2030 . 69
11.2. Online 70
11.3. Supermarket/Hypermarket. 71
11.4. Convenience Stores. 72
11.5. Butcher Shops 73
11.6. Others 74

CHAPTER NO. 12 : BEEF MARKET – UAE, KSA AND QATAR . 75
12.1. UAE, KSA and Qatar. 75
12.1.1. UAE, KSA and Qatar Beef Market Volume, By Country, 2017 – 2022 (K
Tons) 76
12.1.2. UAE, KSA and Qatar Beef Market Revenue, By Country, 2017 – 2022 (USD
Million) 77
12.1.3. UAE, KSA and Qatar Beef Market Volume, By Product, 2017 – 2022 (Kilo
Tons) 78
12.1.4. UAE, KSA and Qatar Beef Market Revenue, By Product, 2017 – 2022 (USD
Million) 79
12.1.5. UAE, KSA and Qatar Beef Market Volume, By End-user, 2017 – 2022 (Kilo
Tons) 80
12.1.6. UAE, KSA and Qatar Beef Market Revenue, By End-user, 2017 – 2022 (USD
Million) 81
12.1.7. UAE, KSA and Qatar Beef Market Volume, By Distribution Channel, 2017 –
2022 (Kilo Tons). 82
12.1.8. UAE, KSA and Qatar Beef Market Revenue, By Distribution Channel, 2017 –
2022 (USD Million). 83
12.1.9. UAE 84
12.1.9.1. UAE Beef Market Volume, By Product, 2017 – 2022 (Kilo Tons).84
12.1.9.2. UAE Beef Market Revenue, By Product, 2017 – 2022 (USD Million) .85
12.1.9.3. UAE Beef Market Volume, By End-user, 2017 – 2022 (Kilo Tons)86
12.1.9.4. UAE Beef Market Revenue, By End-user, 2017 – 2022 (USD Million)87
12.1.9.5. UAE Beef Market Volume, By Distribution Channel, 2017 – 2022 (Kilo Tons).88
12.1.9.6. UAE Beef Market Revenue, By Distribution Channel, 2017 – 2022 (USD
Million)89
12.1.10. KSA. 90
12.1.10.1. KSA Beef Market Volume, By Product, 2017 – 2022 (Kilo Tons)90
UAE, KSA AND QATAR BEEF MARKET, 2017 – 2030
PAGE NO. | 12 COPYRIGHT © 2023 CREDENCE RESEARCH
12.1.10.2. KSA Beef Market Revenue, By Product, 2017 – 2022 (USD Million)91
12.1.10.3. KSA Beef Market Volume, By End-user, 2017 – 2022 (Kilo Tons)92
12.1.10.4. KSA Beef Market Revenue, By End-user, 2017 – 2022 (USD Million) 93
12.1.10.5. KSA Beef Market Volume, By Distribution Channel, 2017 – 2022 (Kilo Tons) .94
12.1.10.6. KSA Beef Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million)
95
12.1.11. QATAR 96
12.1.11.1. QATAR Beef Market Volume, By Product, 2017 – 2022 (Kilo Tons).96
12.1.11.2. QATAR Beef Market Revenue, By Product, 2017 – 2022 (USD Million).97
12.1.11.3. QATAR Beef Market Volume, By End-user, 2017 – 2022 (Kilo Tons).98
12.1.11.4. QATAR Beef Market Revenue, By End-user, 2017 – 2022 (USD Million).99
12.1.11.5. QATAR Beef Market Volume, By Distribution Channel, 2017 – 2022 (Kilo Tons)
100
12.1.11.6. QATAR Beef Market Revenue, By Distribution Channel, 2017 – 2022 (USD
Million)101

CHAPTER NO. 13 : COMPANY PROFILES. 102
13.1. Almunajem Foods 102
13.1.1. Company Overview 102
13.1.2. Product Portfolio . 103
13.1.3. Financial Overview. 104
13.2. Americana Foods Inc. 105
13.2.1. Company Overview 105
13.2.2. Product Portfolio . 106
13.2.3. Financial Overview. 107
13.3. BRF S.A. 108
13.3.1. Company Overview 108
13.3.2. Product Portfolio . 108
13.3.3. Financial Overview. 109
13.4. Tanmiah Food Company 110
13.4.1. Company Overview 110
13.4.2. Product Portfolio . 111
13.4.3. Financial Overview. 111
13.5. Nasher Fresh Beef Company 112
13.5.1. Company Overview 112
13.5.2. Product Portfolio . 113
13.5.3. Financial Overview. 113
13.6. Sunbulah Group. 114
13.6.1. Company Overview 114
13.6.2. Product Portfolio . 115
13.6.3. Financial Overview. 115
13.7. The Savola Group 116
13.7.1. Company Overview 116
13.7.2. Product Portfolio . 117
13.7.3. Financial Overview. 117
13.8. Al Rawdah 118
13.8.1. Company Overview 118
13.8.2. Product Portfolio . 119
13.8.3. Financial Overview. 119
13.9. Agthia Group 120
13.9.1. Company Overview 120
13.9.2. Product Portfolio . 121
13.9.3. Financial Overview. 121
13.10. Qatar Beef Production Co 122
13.10.1. Company Overview. 122
13.10.2. Product Portfolio 123
13.10.3. Financial Overview 123
13.11. A’Saffa Foods 124
13.11.1. Company Overview. 124
13.11.2. Product Portfolio 125
13.11.3. Financial Overview 125
13.12. Widam Food Company QSC. 126
13.12.1. Company Overview. 126
13.12.2. Product Portfolio 127
13.12.3. Financial Overview 127
13.13. Al Qusaimi Meat Co. 128
13.13.1. Company Overview. 128
13.13.2. Product Portfolio 129
13.13.3. Financial Overview 129

CHAPTER NO. 14 : RESEARCH METHODOLOGY 130
14.1. Research Methodology 130
14.2. Phase I – Secondary Research 131
14.3. Phase II – Data Modeling 131
14.3.1. Company Share Analysis Model . 132
14.3.2. Revenue Based Modeling. 132
14.4. Phase III – Primary Research 133
14.5. Research Limitations. 134
14.5.1. Assumptions 134

List of Figures
FIG NO. 1. UAE, KSA and Qatar Beef Market Volume & Revenue, 2017 – 2030 (Kilo Tons) (USD
Million).23
FIG NO. 2. Porter’s Five Forces Analysis for UAE, KSA and Qatar Beef Market.32
FIG NO. 3. Value Chain Analysis for UAE, KSA and Qatar Beef Market.33
FIG NO. 4. UAE, KSA and Qatar Beef Market Import Volume/Revenue, By Region, 2017 – 2022.35
FIG NO. 5. UAE, KSA and Qatar Beef Market Export Volume/Revenue, By Region, 2017 – 2022 .36
FIG NO. 6. Company Share Analysis, 2022 38
FIG NO. 7. Company Share Analysis, 2022 39
FIG NO. 8. Company Share Analysis, 2022 40
FIG NO. 9. Company Share Analysis, 2022 41
FIG NO. 10. Beef Market – Company Volume Market Share, 2022 .42
FIG NO. 11. Beef Market – Company Revenue Market Share, 2022.43
FIG NO. 12. Company Assessment Metrics.44
FIG NO. 13. Beef Market Volume Share, By Product, 2022 & 2030 56
FIG NO. 14. Beef Market Revenue Share, By Product, 2022 & 2030.56
FIG NO. 15. Market Attractiveness Analysis, By Product 57
FIG NO. 16. Incremental Revenue Growth Opportunity by Product.57
FIG NO. 17. Beef Market Revenue, By Product, 2017, 2022, 2026 & 2030.58
FIG NO. 18. UAE, KSA and Qatar Beef Market for Fresh, Volume & Revenue (Kilo Tons) (USD Million)
2017 – 2030 59
FIG NO. 19. UAE, KSA and Qatar Beef Market for Frozen, Volume & Revenue (Kilo Tons) (USD Million)
2017 – 2030 60
FIG NO. 20. UAE, KSA and Qatar Beef Market for Processed, Volume & Revenue (Kilo Tons) (USD
Million) 2017 – 2030 .61
FIG NO. 21. Beef Market Volume Share, By End-user, 2022 & 2030 62
FIG NO. 22. Beef Market Revenue Share, By End-user, 2022 & 2030.62
FIG NO. 23. Market Attractiveness Analysis, By End-user.63
FIG NO. 24. Incremental Revenue Growth Opportunity by End-user.63
FIG NO. 25. Beef Market Revenue, By End-user, 2017, 2022, 2026 & 2030 .64
FIG NO. 26. UAE, KSA and Qatar Beef Market for Residential, Volume & Revenue (Kilo Tons) (USD
Million) 2017 – 2030 .65
FIG NO. 27. UAE, KSA and Qatar Beef Market for Hotel/Restaurants, Volume & Revenue (Kilo Tons)
(USD Million) 2017 – 2030 65
FIG NO. 28. UAE, KSA and Qatar Beef Market for Catering, Volume & Revenue (Kilo Tons) (USD
Million) 2017 – 2030 .66
FIG NO. 29. UAE, KSA and Qatar Beef Market for Others, Volume & Revenue (Kilo Tons) (USD Million)
2017 – 2030 66
FIG NO. 30. Beef Market Revenue Share, By Distribution Channel, 2022 & 2030 67
FIG NO. 31. Beef Market Revenue Share, By Distribution Channel, 2022 & 2030 67
FIG NO. 32. Market Attractiveness Analysis, By Distribution Channel68
FIG NO. 33. Incremental Revenue Growth Opportunity by Distribution Channel 68
FIG NO. 34. Beef Market Revenue, By Distribution Channel, 2017, 2022, 2026 & 2030 69
UAE, KSA AND QATAR BEEF MARKET, 2017 – 2030
PAGE NO. | 16 COPYRIGHT © 2023 CREDENCE RESEARCH
FIG NO. 35. UAE, KSA and Qatar Beef Market for Online, Volume & Revenue (Kilo Tons) (USD Million)
2017 – 2030 70
FIG NO. 36. UAE, KSA and Qatar Beef Market for Supermarket/Hypermarket, Volume & Revenue (Kilo
Tons) (USD Million) 2017 – 2030 71
FIG NO. 37. UAE, KSA and Qatar Beef Market for Convenience Stores, Volume & Revenue (Kilo Tons)
(USD Million) 2017 – 2030 72
FIG NO. 38. UAE, KSA and Qatar Beef Market for Butcher Shops, Volume & Revenue (Kilo Tons) (USD
Million) 2017 – 2030 .73
FIG NO. 39. UAE, KSA and Qatar Beef Market for Others, Volume & Revenue (Kilo Tons) (USD Million)
2017 – 2030 74
FIG NO. 40. UAE, KSA and Qatar Beef Market Revenue, 2017 – 2022 (USD Million).75
FIG NO. 41. Research Methodology – Detailed View130
FIG NO. 42. Research Methodology 131

Why is there an increasing demand for beef in the UAE, KSA, and Qatar?

The demand for beef in the UAE, KSA, and Qatar is driven by several key factors. These include population growth, which leads to a higher overall demand for food, including protein sources like beef. Economic prosperity and rising disposable income in these regions have also enabled consumers to seek more diversified and nutritious diets, with a preference for protein-rich foods. Additionally, the influence of Western dietary habits, especially in urban areas, has contributed to the increasing consumption of beef.

How are demographic shifts influencing the beef market in these Middle Eastern countries?

Demographic shifts, particularly the increase in the younger population and the growth of the middle class, are significantly influencing the beef market. Younger demographics often have different dietary preferences, which include a higher demand for protein-rich foods. The expanding middle class also seeks improved quality of life, which often involves consuming a more nutritious diet that includes beef.

What role does urbanization play in the beef market in the UAE, KSA, and Qatar?

Rapid urbanization in these countries is leading to a shift in dietary patterns, with urban dwellers often leading busier lifestyles. This shift results in a growing reliance on convenient and readily available food options, including meat products like beef. The movement from rural to urban settings is thus a significant factor in the increasing demand for beef.

How is the beef market expected to grow in the coming years in these countries?

The beef market in the UAE, KSA, and Qatar is projected to experience robust growth in the coming years. In 2022, the market was valued at approximately USD 4,540.58 million, and it is expected to reach around USD 6,898.05 million by 2030. This growth, expanding at a CAGR of 5.21% from 2023 to 2030, reflects the significant role of beef in the Middle Eastern culinary landscape, driven by a blend of local tastes, religious compliance, and economic factors.

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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