openPR Logo
Press release

GCC Processed Meat Market: Increasing Meat Consumption to Create Lucrative Opportunities

The processed meat market in the GCC is primarily driven by the busy lifestyles of consumer in the region over the years. This has caused people to opt for ready-to-consume food items or those that can be served in a short span of time.

Aggressive marketing strategies by manufacturers and increased investments in advertising are also responsible for the growing demand for processed meat in the GCC. Other factors driving the processed meat market are the growing popularity of processed meat-based fast foods among the younger generation, a rise in the number of working women across different countries in the GCC region, and product innovation by leading processed meat manufacturers.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14666

The GCC processed meat market was valued at US$760.7 mn in 2015 and is estimated to reach US$1.5 bn by 2024, expanding at an 8.4% CAGR therein.

In terms of product type, frozen processed meat held the leading share in the GCC processed meat market in 2015, both in terms of revenue as well as volume. Sales of processed meat are expected to be driven by frozen variants across all the countries in the GCC and the market for the same will continue to grow during the forecast period due to the increasing demand for convenient and packaged food products among consumers across all age groups. Chilled processed meat, on the other hand, does not enjoy the same variety and these products have a shorter life. Frozen processed meat products such as hot dogs and salamis are very popular among the younger generation across the GCC.

Read Report Overview @ https://www.transparencymarketresearch.com/gcc-processed-meat-market.html

The others segment, which comprises shelf-stable meat, is projected to expand at a rapid pace during the forecast period in terms of revenue as well as volume. Shelf-stable meat has the lowest unit price; it is consumed for its convenience since it requires no preparation; and it offers numerous marketing options for retail and convenience stores. These advantages are mainly responsible for the growth of this segment.

By country, the process meat market has been segmented into Qatar and Rest of GCC. Qatar is expected to witness significant growth from 2016 to 2024, expanding at a value-based CAGR of 8.8%. The UAE is also a major market for process meat, as identified by TMR.

Key players in the GCC processed meat market include National Food Co. (Americana Meat), Al Islami Foods, Sunbulah Group, BRF S.A., Tyson Foods, Cargill Inc., Gulf Food Industries, and Almunajem.

Get more Information: https://www.prnewswire.com/news-releases/processed-meat-market-is-rising-at-an-84-cagr-is-estimated-to-be-worth-us15-billion-by-2024---gcc-industry-analysis-size-share-growth-trends-and-forecast-2016---2024-tmr-593951771.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release GCC Processed Meat Market: Increasing Meat Consumption to Create Lucrative Opportunities here

News-ID: 1391074 • Views:

More Releases from Transparency Market Research - Food & Beverage

Medical Carts Market: Report Analysis Global Market Revenue and Share by Manufac …
Medical carts are an important component of hospital furniture infrastructure that are used to keep and carry all essential medical supplies near the patient. Medical carts are designed to provide maximum storage capacity with safety, possess a durable and handy construction, and offer easy mobility Various types of medical carts are available, which are designed according to their applications in healthcare facilities. These are utilized in almost every department of healthcare
Global Surgical Tables Market: Emerging Trends, Business Growth Opportunities, M …
Surgical tables comprise one of the first requirements of a modern healthcare system and thus are likely to be in constant demand over the near future. The global surgical tables market has benefited significantly from the rising investment in the healthcare sector across the world regardless of the economic state of the country. Developed countries have led the way in modernizing their healthcare sectors and incorporating major technological advances, but
Global Vagus Nerve Stimulator Market Report In-depth Analysis Incredible Potenti …
The report provides a brilliant analysis of the global vagus nerve stimulator market with a focus on market dynamics, segmentation, and competitive landscape. Market stakeholders could leverage this analysis to formulate winning growth strategies. The global vagus nerve stimulator market is likely to display promising growth in the years ahead. The rising burden of neurological diseases especially in emerging countries is a key factor behind the growth of this market.
Organic Lamb Market; In-Depth Analysis on Emerging Trends, Growth Factors
Organic lamb Market: Introduction: Lamb, which are procured or obtained by raising sheep from organic farms, are grass fed and are fed no chemical or any kind of additives during its processing is called organic lamb. Organic lamb are available in two type i.e. raw lambs and processed lambs. There are many certifications associated with organic lamb products which supervise the quality of product time to time and it varies in

All 5 Releases


More Releases for GCC

GCC Contact Lens Market Size, Growth Opportunities, Statistics, Market Scope, Tr …
The GCC Contact Lens Market Report provides a thorough study of the competitive landscape, market participants, geographical regions, and application areas. In order to comprehend future demand and industry prognosis, the research includes a complete assessment of growth variables, market definitions, manufacturers, market potential, and influential trends. The research also contains a comprehensive analysis of the market, taking into account key growth-influencing elements. The study gives a detailed breakdown of important
GCC Connected Medical Devices Market Size, Growth Opportunities, Statistics, Mar …
The research report GCC Connected Medical Devices Market Analysis, 2027 published by MarkNtel Advisors is a comprehensive study of the industry's historical, current, & forecasted trends, prepared after rigorously analyzing aspects like growth drivers, restraints, opportunities, challenges, & demand scenarios in order to help stakeholders make informed decisions while investing in the Market, i.e., projected to witness around 20.19% CAGR during 2022-27. The report comprises detail-driven data associated with the current
GCC Digital Signage Market-(2017-2023)
Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40", 40"-55" and Above 55"), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By Countries (Saudi Arabia, Bahrain
Changing Dynamics of GCC Fertilizer Industry
Market Insights The changing dynamics of the GCC Fertilizers Market include rising population, falling commodity prices globally, and intense competition from abroad. In 2016, GCC fertilizer sales declined by 21%, to USD 5.2 billion. The same scenario was noted in 2015, wherein, the sales revenue dropped by 10%. The report provides a detailed analysis of the GCC fertilizer market, which is broadly segmented based on type and geography. Based on the type,
GCC Digital Signage Market (2017-2023)-6Wresearch
GCC Digital Signage Market (2017-2023): Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40”, 40”-55” and Above 55”), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By
GCC Renewable Energy Sector Opportunity Analysis
The world’s largest producer of oil and gas is finding it increasingly difficult to suffice its own needs. An unprecedented increase in population and growth in industrial and economic activity has triggered newfound interest in renewable energy development for six major Middle Eastern economies. Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman, together knows as the Gulf Cooperation Council, have turned their focus towards the exploitation of renewable sources of