Middle East's Processed Meat Market: Growth Expected to Continue with Market Volume Reaching 13M Tons and Market Value Reaching $44.5B by 2035 - News and Statistics - IndexBox
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The Middle East processed meat market is set to experience a steady increase in demand over the next decade, driven by a growing appetite for processed meat products. Market performance is expected to slow down slightly, with a projected CAGR of +2.2% in volume and +2.7% in value terms from 2024 to 2035. By the end of 2035, the market volume is forecasted to reach 13 million tons, and the market value is anticipated to hit $44.5 billion in nominal prices.
Driven by increasing demand for processed meat in the Middle East, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.2% for the period from 2024 to 2035, which is projected to bring the market volume to 13M tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.7% for the period from 2024 to 2035, which is projected to bring the market value to $44.5B (in nominal wholesale prices) by the end of 2035.
In 2024, approx. 10M tons of processed meat were consumed in the Middle East; almost unchanged from the year before. The total consumption volume increased at an average annual rate of +3.2% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, consumption reached the maximum volume at 10M tons in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
The revenue of the processed meat market in the Middle East contracted slightly to $33.2B in 2024, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.0% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $33.4B in 2023, and then contracted in the following year.
The countries with the highest volumes of consumption in 2024 were Iran (3.6M tons), Saudi Arabia (2.5M tons) and the United Arab Emirates (1.1M tons), with a combined 69% share of total consumption.
From 2013 to 2024, the biggest increases were recorded for Saudi Arabia (with a CAGR of +8.4%), while consumption for the other leaders experienced more modest paces of growth.
In value terms, the largest processed meat markets in the Middle East were Saudi Arabia ($8.5B), Iran ($7.4B) and Turkey ($4.9B), together accounting for 63% of the total market.
In terms of the main consuming countries, Saudi Arabia, with a CAGR of +7.8%, saw the highest growth rate of market size over the period under review, while market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of processed meat per capita consumption in 2024 were the United Arab Emirates (104 kg per person), Israel (101 kg per person) and Jordan (69 kg per person).
From 2013 to 2024, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +6.5%), while consumption for the other leaders experienced more modest paces of growth.
Prepared or preserved meat (6.8M tons) constituted the product with the largest volume of consumption, accounting for 66% of total volume. Moreover, prepared or preserved meat exceeded the figures recorded for the second-largest type, sausages and similar products of meat (1.6M tons), fourfold. The third position in this ranking was taken by salted, dried or smoked meat, and offal (1.4M tons), with a 13% share.
From 2013 to 2024, the average annual growth rate of the volume of prepared or preserved meat consumption stood at +3.1%. With regard to the other consumed products, the following average annual rates of growth were recorded: sausages and similar products of meat (+3.1% per year) and salted, dried or smoked meat, and offal (+2.9% per year).
In value terms, prepared or preserved meat ($20.4B) led the market, alone. The second position in the ranking was held by salted, dried or smoked meat, and offal ($7B). It was followed by sausages and similar products of meat.
From 2013 to 2024, the average annual growth rate of the value of prepared or preserved meat market stood at +3.8%. For the other products, the average annual rates were as follows: salted, dried or smoked meat, and offal (+3.7% per year) and sausages and similar products of meat (+4.5% per year).
In 2024, approx. 10M tons of processed meat were produced in the Middle East; approximately reflecting 2023. The total output volume increased at an average annual rate of +3.3% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 12%. The volume of production peaked at 10M tons in 2022; however, from 2023 to 2024, production stood at a somewhat lower figure.
In value terms, processed meat production dropped to $33.6B in 2024 estimated in export price. The total production indicated a moderate expansion from 2013 to 2024: its value increased at an average annual rate of +4.2% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production increased by +5.9% against 2022 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 23%. Over the period under review, production hit record highs at $39.2B in 2021; however, from 2022 to 2024, production failed to regain momentum.
The countries with the highest volumes of production in 2024 were Iran (3.6M tons), Saudi Arabia (2.4M tons) and Turkey (1.1M tons), with a combined 69% share of total production.
From 2013 to 2024, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Saudi Arabia (with a CAGR of +8.2%), while production for the other leaders experienced more modest paces of growth.
Prepared or preserved meat (6.8M tons) constituted the product with the largest volume of production, comprising approx. 66% of total volume. Moreover, prepared or preserved meat exceeded the figures recorded for the second-largest type, sausages and similar products of meat (1.6M tons), fourfold. Salted, dried or smoked meat, and offal (1.4M tons) ranked third in terms of total production with a 13% share.
From 2013 to 2024, the average annual rate of growth in terms of the volume of prepared or preserved meat production amounted to +3.1%. For the other products, the average annual rates were as follows: sausages and similar products of meat (+3.3% per year) and salted, dried or smoked meat, and offal (+2.9% per year).
In value terms, prepared or preserved meat ($19.8B) led the market, alone. The second position in the ranking was held by salted, dried or smoked meat, and offal ($7.1B). It was followed by sausages and similar products of meat.
For prepared or preserved meat, production increased at an average annual rate of +3.4% over the period from 2013-2024. With regard to the other produced products, the following average annual rates of growth were recorded: salted, dried or smoked meat, and offal (+4.0% per year) and sausages and similar products of meat (+7.9% per year).
In 2024, after two years of decline, there was significant growth in overseas purchases of processed meat, when their volume increased by 21% to 259K tons. Total imports indicated pronounced growth from 2013 to 2024: its volume increased at an average annual rate of +3.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -17.4% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, imports reached the peak of 313K tons. From 2022 to 2024, the growth of imports remained at a lower figure.
In value terms, processed meat imports declined rapidly to $840M in 2024. Total imports indicated pronounced growth from 2013 to 2024: its value increased at an average annual rate of +3.1% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -16.3% against 2022 indices. The most prominent rate of growth was recorded in 2022 when imports increased by 26% against the previous year. As a result, imports attained the peak of $1B. From 2023 to 2024, the growth of imports remained at a somewhat lower figure.
In 2024, Saudi Arabia (76K tons), the United Arab Emirates (51K tons) and Iraq (40K tons) represented the largest importer of processed meat in the Middle East, constituting 65% of total import. Syrian Arab Republic (18K tons) ranks next in terms of the total imports with a 7% share, followed by Kuwait (6.4%), Lebanon (4.9%) and Oman (4.6%).
From 2013 to 2024, the biggest increases were recorded for Syrian Arab Republic (with a CAGR of +20.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest processed meat importing markets in the Middle East were Saudi Arabia ($269M), the United Arab Emirates ($165M) and Kuwait ($94M), with a combined 63% share of total imports.
Among the main importing countries, Kuwait, with a CAGR of +9.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Prepared or preserved meat was the largest type of processed meat in the Middle East, with the volume of imports reaching 189K tons, which was near 73% of total imports in 2024. It was distantly followed by sausages and similar products of meat (61K tons), making up a 24% share of total imports. Pasta stuffed with meat, fish and cheese (6.3K tons) followed a long way behind the leaders.
Prepared or preserved meat was also the fastest-growing in terms of imports, with a CAGR of +5.2% from 2013 to 2024. At the same time, sausages and similar products of meat (+1.2%) displayed positive paces of growth. By contrast, pasta stuffed with meat, fish and cheese (-2.4%) illustrated a downward trend over the same period. While the share of prepared or preserved meat (+11 p.p.) increased significantly in terms of the total imports from 2013-2024, the share of pasta stuffed with meat, fish and cheese (-2.3 p.p.) and sausages and similar products of meat (-7.5 p.p.) displayed negative dynamics.
In value terms, prepared or preserved meat ($585M) constitutes the largest type of processed meat imported in the Middle East, comprising 70% of total imports. The second position in the ranking was held by sausages and similar products of meat ($215M), with a 26% share of total imports. It was followed by pasta stuffed with meat, fish and cheese, with a 3% share.
For prepared or preserved meat, imports increased at an average annual rate of +3.0% over the period from 2013-2024. For the other products, the average annual rates were as follows: sausages and similar products of meat (+4.8% per year) and pasta stuffed with meat, fish and cheese (-2.2% per year).
The import price in the Middle East stood at $3,249 per ton in 2024, falling by -30.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2023 when the import price increased by 42%. As a result, import price reached the peak level of $4,651 per ton, and then declined dramatically in the following year.
There were significant differences in the average prices amongst the major imported products. In 2024, the product with the highest price was salted, dried or smoked meat, and offal ($8,590 per ton), while the price for prepared or preserved meat ($3,090 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by sausage (+3.6%), while the other products experienced more modest paces of growth.
In 2024, the import price in the Middle East amounted to $3,249 per ton, which is down by -30.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2023 an increase of 42%. As a result, import price attained the peak level of $4,651 per ton, and then fell notably in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was Kuwait ($5,642 per ton), while Syrian Arab Republic ($702 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Oman (+7.7%), while the other leaders experienced mixed trends in the import price figures.
Processed meat exports skyrocketed to 264K tons in 2024, picking up by 29% compared with 2023 figures. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. The volume of export peaked at 285K tons in 2022; however, from 2023 to 2024, the exports remained at a lower figure.
In value terms, processed meat exports dropped slightly to $743M in 2024. Total exports indicated a remarkable increase from 2013 to 2024: its value increased at an average annual rate of +5.1% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, exports increased by +82.9% against 2016 indices. The pace of growth appeared the most rapid in 2022 with an increase of 33% against the previous year. Over the period under review, the exports attained the maximum at $754M in 2023, and then shrank in the following year.
Turkey (125K tons) and the United Arab Emirates (85K tons) prevails in exports structure, together creating 80% of total exports. It was distantly followed by Saudi Arabia (25K tons), making up a 9.4% share of total exports. The following exporters - Jordan (8.1K tons), Israel (6.1K tons), Kuwait (4.8K tons) and Iran (4.3K tons) - together made up 8.8% of total exports.
From 2013 to 2024, the biggest increases were recorded for Turkey (with a CAGR of +15.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest processed meat supplying countries in the Middle East were the United Arab Emirates ($324M), Turkey ($210M) and Saudi Arabia ($102M), together comprising 86% of total exports.
In terms of the main exporting countries, Turkey, with a CAGR of +13.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Prepared or preserved meat represented the largest exported product with an export of around 192K tons, which resulted at 73% of total exports. It was distantly followed by sausages and similar products of meat (66K tons), comprising a 25% share of total exports.
Prepared or preserved meat was also the fastest-growing in terms of exports, with a CAGR of +7.6% from 2013 to 2024. At the same time, sausages and similar products of meat (+7.0%) displayed positive paces of growth. From 2013 to 2024, the share of prepared or preserved meat increased by +3.2 percentage points, while the shares of the other products remained relatively stable throughout the analyzed period.
In value terms, prepared or preserved meat ($563M) remains the largest type of processed meat supplied in the Middle East, comprising 76% of total exports. The second position in the ranking was taken by sausages and similar products of meat ($158M), with a 21% share of total exports. It was followed by salted, dried or smoked meat, and offal, with a 1.6% share.
From 2013 to 2024, the average annual growth rate of the value of prepared or preserved meat exports totaled +5.1%. With regard to the other exported products, the following average annual rates of growth were recorded: sausages and similar products of meat (+6.5% per year) and salted, dried or smoked meat, and offal (+5.5% per year).
The export price in the Middle East stood at $2,811 per ton in 2024, waning by -23.4% against the previous year. In general, the export price showed a perceptible decrease. The growth pace was the most rapid in 2023 when the export price increased by 41%. As a result, the export price reached the peak level of $3,672 per ton, and then fell notably in the following year.
Prices varied noticeably by the product type; the product with the highest price was salted, dried or smoked meat, and offal ($5,729 per ton), while the average price for exports of sausages and similar products of meat ($2,385 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by salted, dried or smoked meat, and offal (+1.2%), while the other products experienced a decline in the export price figures.
The export price in the Middle East stood at $2,811 per ton in 2024, reducing by -23.4% against the previous year. Overall, the export price saw a pronounced setback. The pace of growth appeared the most rapid in 2023 when the export price increased by 41%. As a result, the export price reached the peak level of $3,672 per ton, and then declined dramatically in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Israel ($5,115 per ton), while Iran ($1,559 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Jordan (+2.0%), while the other leaders experienced mixed trends in the export price figures.
Source: IndexBox Market Intelligence Platform
This report provides an in-depth analysis of the processed meat market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
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