Processed
meat is popular across the world and its consumption varies from
region to region. New flavors and convenient products are boosting
the processed meat market globally. The GCC processed meat market has
been segmented by meat type, product type, package type, and region.
In terms of meat type, the market has been segmented into lamb, beef,
and poultry. In terms of product type, the processed
meat market has been segmented into: chilled processed meat,
frozen processed meat and others. Under the chilled processed meat
segment, the market is further categorized into burgers, nuggets, and
others. Others segment includes kebab, and meat balls among others.
Frozen processed meat is further segregated into hot dogs,
mortadella, salami and others. The others processed meat segment
includes shelf stable meat products. In terms of packaging type, the
processed meat market has been segmented into: retail package and
bulk package.
The
research report on the GCC processed meat market offers detailed
analysis of the processed meat products market in Qatar and rest of
GCC and helps to understand the driving forces behind the popularity
of this market. Under the scope of the report, detailed analysis of
major segments and sub-segments of processed meat market for the
Qatar and rest of GCC are provided for the historical years
(2010-2014) and the next eight years (2016-2024). Moreover, the
report includes in-depth analysis of the drivers, restraints, market
trends, and future outlook of the industry. The strategies for
stakeholders to succeed in the business have been comprehensively
assessed in the report. It also provides an understanding of volume
(million kg) and value (USD million) of processed meat consumption
across GCC. The study highlights the current and future market
trends, historical market (2010 to 2015), and provides forecast from
2016 to 2024.
In
terms of meat type, poultry accounts for the largest market share
across GCC. Frozen processed meat, especially poultry led in terms of
growth in 2015 and is expected to maintain its leading position over
the forecast period. In general, poultry consumption in Saudi Arabia
is on the rise. Burgers, franks, nuggets, salami, and hot dogs are
favorite lunch items amongst the growing young population. They are
conveniently stored and easily prepared when needed. Thus, the market
of processed meat is expected to grow over the forecast period.
For
more information on this report, fill the form @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14666
In
terms of product type, frozen processed meat type occupied the
largest market share in the overall GCC processed meat market both in
terms of revenue and volume in 2015. Processed meat sales are
expected to be driven by frozen variants across all the countries in
GCC. Chilled processed meat, on the other hand, does not enjoy the
same variety, and these products also have a shorter life. For the
processed meat market, the target segment is mainly foreign workers,
who want to add some protein to their meals without spending too much
money and time. Frozen processed meat product such as hot dogs,
salami based packaged food products are very much popular among the
younger generation across GCC. Another factor which is helping the
processed meat market to grow in GCC countries mainly in Saudi
Arabia, Qatar and UAE is the busy life style of people over the
years.
By
country, the market has been segmented into Qatar and rest of GCC.
This report helps distributors, suppliers and manufacturers to
formulate strategies based on understanding of the trends in this
market. Among the overall meat type segment, poultry is analyzed to
be the most attractive segment for the processed meat market due to
increasing health awareness among consumers in Qatar. Across the GCC,
consumers are shifting from the consumption of red meat to poultry,
as cholesterol content of red meat is high as compared to poultry.
Growing popularity of processed meat based food products among the
younger generation, and rising demand for organic food products,
among others, are the major factors driving the processed meat market
across GCC.
The
leading brands which have the maximum market share in processed meat
market across GCC include National Food Co. (Americana Meat), Al
Islami Foods, Sunbulah Group, BRF S.A., Tyson Foods, Cargill Inc.,
Gulf Food Industries and Almunajem among others.
No comments:
Post a Comment