Qatar Poultry Market Size, Share, Industry Growth, and Forecast (2024-2031)

Market Overview:

The Qatar poultry market is estimated to reach at a (CAGR) of 7.6% during the forecast period from 2024 to 2031. Poultry holds a significant position in Qatar's food consumption landscape due to its nutritional benefits, primarily high-quality protein content and low fat proportion.

Market Dynamics:

The market growth is primarily propelled by the increasing population and rising purchasing power in Qatar. Additionally, the preference for poultry meat over other meat products contributes to market expansion, along with initiatives promoting local agriculture and food production by the Qatari government.

Qatar exported $184k worth of poultry meat in 2021, positioning itself as the 103rd largest exporter globally. The main export destinations include Oman, Portugal, and Kuwait, indicating a presence in international markets.
The steady increase in Qatar's population, from 1.6 million in 2010 to 2.8 million in 2020, correlates with the growing demand for poultry products. This rising demand underscores the importance of poultry as a staple food item in Qatar.

Government initiatives such as the "Farm to Fork" program aim to bolster local food production and reduce dependence on imports, thereby fostering the growth of the poultry market.

Stringent regulations imposed by the Qatari government, particularly concerning food safety and security, pose challenges for market players. Instances include bans on poultry imports from countries experiencing outbreaks, impacting market supply and pricing.

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Market Segment Analysis:

The Qatar poultry market is segmented based on product type and species type. Within this segmentation, the turkey segment holds the highest market share due to increasing preference and demand for turkey products, driven by factors such as protein requirements and efficient supply of hatching eggs and chicks.

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Competitive Landscape:

Major players in the Qatar poultry market include Arab Qatari Company, Food Investment Holding Company (OFIC), Al Faisal Holding, Al Rawdah (EMIRATES MODERN POULTRY CO.), Mazzraty, Al-Watania Poultry, Fakieh Farms, Almarai Company, Al Ain Poultry, Ras Al Khaimah Poultry & Feeding Company, and Al Islami. These players contribute to market competitiveness through their extensive product offerings and strategic initiatives.

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