Top Growth Opportunities: Meat in Saudi Arabia

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Description

"Top Growth Opportunities: Meat in Saudi Arabia" report provides an overview of the Meat market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalDatas propriety Risk vs Reward Opportunity model pinpoints the best growth opportunities for Meat producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.

The report provides recommended actions and detailed analysis of how to target the best growth opportunities for meat producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Meat markets in Saudi Arabia through GlobalDatas detailed and robust data, expert insight, and case studies.

GlobalDatas Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Meat producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.

Get access to

- Key consumer demographic groups driving consumption within the Saudi Arabian market. Improve your consumer targeting by understanding whos driving the market, what they want, and why
- A study of market value and volumes over 2011-2016 for Saudi Arabia, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2016-2021 period
- White space analysis, to pinpoint attractive spaces in the market and the key actions to take
- Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
- Examples of international and regional product innovation targeting key consumer needs

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Scope

- Meat in Saudi Arabia will continue to demonstrate robust growth in the five years to 2021 as the economy diversifies and consumer spending power increases.
- Fresh Meat (Counter) and Chilled Raw Packaged Meat (Whole Cuts) will see the highest growth in market value and volume share between 2016 and 2021.
- Convenience Stores and eRetailers expanded their value share of the market more rapidly than established channels in the five years to 2016, suggesting that affluence is driving a gradual shift in consumption habits. Hypermarkets & Supermarkets and Food & Drinks Specialists account for the majority of market value.
- The top three brands across all segments increased their collective average value share between 2011 and 2016, demonstrating that the Saudi Arabian Meat market is steadily becoming more consolidated.
- Private label is growing faster across all segments in the Saudi Arabian Meat market, highlighting a gradual shift among consumers towards private label products. Growth in the Saudi Arabian Meat market is being driven by this shift.

Reasons to buy

- This report brings together consumer analysis and market data to provide actionable insight into the behavior of Saudi Arabia's Meat consumers.
- This is based on GlobalData's unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Meat sector.
- Category, brand, and packaging dynamics are also examined.
- This allows product and marketing strategies to be better aligned with the leading trends in the market.

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This release was published on openPR.