GCC Processed Meat Market Forecast, Demand, Volume, Growth ratio, Industry Challenges and Future Forecasts to 2024

1.   GCC Processed Meat Market Forecast, Demand, Volume, Growth ratio, Industry  Challenges and Future Forecasts to 2024    Transparency Market Research (TMR) finds that the GCC processed meat market is         highly fragmented due to presence of string key players in the region. The top six             players grabbed the share of nearly 35% in 2015. Some of the key players operating in                 the GCC processed meat market include National Food Co. (Americana Meat), Sunbulah             Group, Al Islami Foods, BRF S.A., Cargill Inc., Tyson Foods, Gulf Food Industries, and               Almunajem.                                                                              TMR anticipated that the revenue of ​processed meat market in GCC was registered at             US$760.7 mn in 2015 and with CAGR of 8.4% is estimated to attain value of US$1.5 bn                 by the end of 2024. On the basis of type of packaging, retail packaging is the most                     preferable method for processed meat due to its low price and increase in the shelf life             of processed meat products. On the basis of countries, Qatar is expected to witness             substantial growth over the forecast period from 2016 to 2024, expanding with a           healthy CAGR of 8.8% followed by UAE.                                                                                                      Demand for High Quality Meat to Drive Growth  The growing disposable income of urban population has fuelled the demand for           processed which is likely to drive growth of the processed meat market. The processing                 on meat helps to maintain freshness of meat products, improve its shelf life, and               maintain quality of the meat products for longer time. Additionally, busy urban life of               numerous people has resulted in changing preference for convenient food which require             less time and efforts for cooking the foodstuff. The rising preference for ready-to-eat               meat and meal among the urban consumer is boosting demand for processed meat             which is likely to drive growth of the processed meat market in GCC.                                                                                              Request A Report Sample @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14 666  Additionally, changes in meat preservation techniques resulted in to high production         rate of the processed meat which is making it easily available even in the developing               and undeveloped countries. The availability of products have boosted its adoption         substantially in the countries across GCC, which is fuelling growth of the processed             meat market. Furthermore, the meat products such as hot dogs are gaining popularity in                                                                                      

2.   the region, increasing adoption of these products is fuelling growth of the processed             meat market.              Explore Transparency Market Research’S Award-Winning Coverage of the Global Food  and Beverages Industry @  https://www.globenewswire.com/news-release/2019/09/09/1912605/0/en/Increasing -Consciousness-about-Ingredients-used-in-Food-Products-Created-Growth-Opportuni ty-in-Prebiotic-Ingredients-Market-Says-TMR.html  Increasing meat consumption in the region to create lucrative opportunities  Despite of these growth prospects, there are several measure which are limiting growth             of the fresh processed meat products market such as increasing obesity levels, demand             for high-protein & fat-free meat, growing number of fresh meat-eaters. In addition, rising             concern towards cancer & heart disease risks caused due to unhealthy lifestyle and             high consumption of processed food are hampering adoption of processed meat.                                                          Nevertheless, increasing meat consumption in the countries in the region is leading to       create worthwhile opportunities for key players. Increasing demand from developing           economies present in the region is expected to create new growth opportunities over             the forecast period. Additionally, fresh processed meat products are extensively           adopted by the fast food products, and are popular among the working class of the               society. This factor is offering growth prospectes to the new entrants in the market.                                                                        Request for Covid-19 Impact Analysis @  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_ id=14666    About Us  Transparency Market Research is a global market intelligence company, providing           global business information reports and services. Our exclusive blend of quantitative           forecasting and trends analysis provides forward-looking insight for thousands of           decision makers. Our experienced team of Analysts, Researchers, and Consultants, use             proprietary data sources and various tools and techniques to gather, and analyze           information.                                                           Our data repository is continuously updated and revised by a team of research experts,           so that it always reflects the latest trends and information. With a broad research and                                                

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