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MEAT INDUSTRY IN GCC MORDOR INTELLIGENCE

Analysis of meat sector in gcc

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MEAT INDUSTRY IN GCCMORDOR INTELLIGENCE

MEAT SECTOR OVERVIEW, GCC

Severe shortage of local products in GCC region, especially fresh chicken, resulting in consumers looking for imported products, which are not only more expensive but also less fresh compared to local produce.

Supplies from producers of poultry products in the country, can cater only to an extent during normal seasons, but as a result of peak demand during Ramadan, supplies are able to meet only a fraction of demand.

Consumers have voiced several complaints over the years urging government authorities to intervene directly and ensure there are more than just a few producers of poultry products which will also encourage healthy competition and lead to self-sufficiency in food supplies.

Supplies of fresh chicken and eggs surges during a few months specifically during Ramadan and the tourist season.

The imports of chicken and eggs during this period are falling far short of the consumption demands of the country.

Our sources indicate that shortage of local supplies is not only limited to fresh chicken, but also in local eggs and other items.

MARKET DYNAMICS

0.92% 0.65%

8.62%

1.18%

0.29%

88.34%

Production in 2015 (%)

Kuwait

Oman

Saudi Arabia

UAE

Bahrain

Qatar

-7,000

19,070 -5,000 -8,9355,000

891,617

Demand Supply Gap in 2015 (tons)

Kuwait

Oman

Saudi Arabia

UAE

Bahrain

Qatar

Note: Qatar is facing shortfall of meat because of Export contracts.

MEAT PRODUCTION

3000

4000

5000

6000

7000

8000

9000

10000

0

50

100

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200

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400

450

500

2010 2011 2012 2013 2014 2015(F)

Pou

ltry

Bo

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& S

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Meat Production (in 1,000 tons)

Bovine Goat and Sheep Poultry

Qatar is the biggest producer of meat in GCC countries

with over 88% share followed by Saudi Arabia at 8.6% in

production.

The Saudi goat and sheep sector has experienced a

major production growth in recent years. Meat production

is expected at 133,200 MT in 2015, and expected to

further increase 1.3% in 2015.

Production of Bovine Meat is declined by -0.8% in past 5

years, whereas, poultry production is increased by 1.5%

and Goat and sheep meat by 3.2% during the same

period.

MEAT CONSUMPTION

0

2000

4000

6000

8000

10000

12000

0

200

400

600

800

1000

1200

2010 2011 2012 2013 2014 2015(F)

Pou

ltry

Bo

vin

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& S

hee

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Meat Production (in 1,000 tons)

Bovine Goat and Sheep Poultry

Qatar is the biggest consumer of meat in GCC countries

with over 55% share followed by UAE with 13% in

consumption.

The Saudi meat sector has experienced a major

consumption growth in recent years. Broiler meat

production is expected at 680,000 MT in 2014, and

expected to further increase 9% in 2015. Local broiler

production currently covers about 42% of total Saudi

Arabia’s local consumption, estimated at 1.44 million MT.

MEAT IMPORT

0

200

400

600

800

1000

1200

1400

1600

1800

2000

2200

0

200

400

600

800

1000

1200

2010 2011 2012 2013 2014 2015(F)

Pou

ltry

Bo

vin

e an

d G

oat

& S

hee

p

Meat Production (in 1,000 tons)

Bovine Goat and Sheep Poultry

Qatar is the biggest consumer of meat in GCC countries

with over 55% share followed by UAE with 13% in

consumption.

The Saudi meat sector has experienced a major

consumption growth in recent years. Broiler meat

production is expected at 680,000 MT in 2014, and

expected to further increase 9% in 2015. Local broiler

production currently covers about 42% of total Saudi

Arabia’s local consumption, estimated at 1.44 million MT.

WHO WE ARE?

Mordor Intelligence has the world’s most inclusive research on the GCC Meat Market. We monitor and analyze industry trends around the world, including in-depth analysis on market entry, market share and market size – from qualitative analysis to qualitative with market data.

Mordor Intelligence data and market analysis supports your organization’s awareness of the GCC Meat Market and the greater competitive atmosphere, ensuring accurate and focused strategies for your business.

Report on GCC Meat Market helps the organizations looking forward towards market entry. It also helps existing organizations and entities and supports in strategy formation for nurturing your business.

A resource for your entire organization, Mordor Intelligence market research supports every level of business, assisting in strategic development, marketing, mergers and acquisitions, and brand management.