Saudi Arabia Meat Market Size to Hit US$ 20.9 Billion by 2033 | With a 5.16% CAGR

Saudi Arabia Meat Market Overview

Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 5.16% (2025-2033)

The meat market in Saudi Arabia is witnessing steady growth, driven by rising consumer demand, evolving dietary preferences, and increasing investments in local production and processing capabilities. According to the latest report by IMARC Group, the Saudi Arabia meat market size reached USD 13.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 20.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.16% during ​2025-2033​.

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Saudi Arabia Meat Industry Trends and Drivers:

The meat market in Saudi Arabia continues to grow because of a cultural preference for fresh, quality meat, and particularly beef, which is the most predominant meat in the region and indeed the middle eastern salt box. Urbanization and changing lifestyle habits mean that there is a need for processed meat options that help meet modern consumer needs, such as convenience and accessibility. This need is, of course, also related to the food service growth, which considers, burgers and nuggets and other such items! Government subsidies for livestock farmers, along with extensive regulations on food safety policies, help ensure quality beef meat. With the vast majority of imports of livestock going to food service operations, there is a tremendous amount of momentum being generated for these type of meats that require cold chain. There have been capital investments made in Saudi Arabia that bring cold chain into the meat and poultry categories for distributors and processing companies to deliver fresh infrastructure commodity logistics for their customers, which is helping with enhanced storage and distribution systems for fresh and processed meat in the two largest food markets - Riyadh and Jeddah. The population is growing rapidly, and now more than ever, the amount of money being spent on freshly cultivated, processed meat is increasing as purchasing power increases.

As digital retail grows, it is changing the way meat continues to be distributed, with major retailers implementing contactless delivery and upgraded packaging options to fulfill consumer expectations. The fresh/chilled meat category continues to lead in sales, due to consumers' faith in locally sourced global Halal compliant products and superior refrigeration in retail precincts. In parallel, frozen and canned meats are increasingly consumed in foodservice, for example hotels and restaurants, due to their utility and shelf life. Strategic partnerships with organizations like Tyson Foods are supporting production capabilities and furthering market footprints. As consumer confidence resurfaces and socio-cultural trends develop their culinary outcomes, opportunities for the growth of the Saudi meat market remain bright., while balancing cultural traditions and modern convenience.

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Saudi Arabia Meat Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

● Raw
● Processed

Product Insights:

● Chicken
● Beef
● Mutton
● Others

Distribution Channel Insights:

● Supermarkets and Hypermarkets
● Departmental Stores
● Specialty Stores
● Online Stores
● Others

Regional Insights:

● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region

Competitive Landscape:

● Al-Watania Poultry
● Almarai Food Company
● Halwani Bros Company
● Sunbulah Group
● Tanmiah Food Company

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

● Market Performance (2019-2024)
● Market Outlook (2025-2033)
● COVID-19 Impact on the Market
● Porter's Five Forces Analysis
● Strategic Recommendations
● Historical, Current and Future Market Trends
● Market Drivers and Success Factors
● SWOT Analysis
● Structure of the Market
● Value Chain Analysis
● Comprehensive Mapping of the Competitive Landscape

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About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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This release was published on openPR.