The Saudi Arabia Poultry Meat Market is forecasted to grow from US$ 4.75 billion in 2024 to US$ 5.62 billion by 2033 at a CAGR of 1.90%. The growth is driven by factors such as increasing disposable incomes, urbanization, a strong demand for halal products, and government support for food security. However, challenges include market saturation and shifting consumer preferences for healthier options.
The “Saudi Arabia Poultry Meat Market Size and Share Analysis – Growth Trends and Forecast Report 2025-2033” indicates a remarkable growth trajectory for the poultry industry, predicting that the market will expand from US$ 4.75 billion in 2024 to US$ 5.62 billion by 2033, achieving a compound annual growth rate (CAGR) of 1.90%. Several factors contribute to this growth, including rising disposable incomes, increased urbanization, consumer preferences for high-quality halal poultry, and enhanced food processing technologies.
As the largest buyer of poultry in the Gulf Cooperation Council (GCC), Saudi Arabia’s chicken meat sector is integral to its food economy. The nation is witnessing a shift towards poultry meat due to its affordability compared to red meat, as well as the growing demand for convenient and processed poultry products spurred by urban lifestyles and an expanding retail landscape. The government’s initiatives to bolster local production have further diminished reliance on imports, enhancing food security.
The Saudi government plays a pivotal role in fortifying food security by investing in domestic chicken farming and enhancing production capacity. Their efforts are supported by funding for technological innovation and the establishment of modernized processing facilities. Such initiatives not only promote higher local production but also stabilize prices, ultimately benefiting the economic landscape.
Halal certification remains a critical aspect for Saudi Arabia’s poultry sector, catering to the dietary requirements of its predominantly Muslim population. Compliance with strict Islamic laws during poultry processing fosters consumer trust and fuels market demand. This dedication to cultural alignment subsequently opens pathways for both domestic and international growth, as consumers increasingly seek halal-certified products.
Consumer access to poultry products has expanded notably due to the remarkable growth of supermarkets, hypermarkets, and fast-food chains. The foodservice industry’s acceleration further boosts poultry demand, providing manufacturers with opportunities to diversify their offerings and thrive in a competitive environment.
Nevertheless, market saturation creates challenges, as competition intensifies among local producers and foreign imports threaten market share. Producers must therefore differentiate themselves through innovation, quality, and pricing, a task that can be particularly burdensome for smaller firms.
Consumer trends are increasingly leaning towards healthier options, compelling poultry producers to adapt their offerings to meet these changing preferences. As health consciousness rises among Saudi consumers, demand for leaner and possibly organic poultry options may redefine the landscape of the poultry market.
Key players in the Saudi poultry industry include Al-Watania Poultry, Almarai Food Company, Americana Group, and others. The report comprises detailed chapters covering market dynamics, share analysis, and various poultry types and forms, providing comprehensive insights into the industry’s future.
In conclusion, the Saudi Arabian poultry market is poised for growth, driven by urbanization, consumer preferences for halal products, and government initiatives to enhance food security and production capacity. While the burgeoning market presents opportunities, it also faces challenges such as increased competition and shifting consumer health preferences. For producers to succeed, they must innovate and adapt to the evolving landscape while ensuring quality and adherence to cultural norms. The insights provided in this report highlight the critical factors shaping the future of the poultry industry in Saudi Arabia.
Original Source: www.globenewswire.com
