Saudi Arabia Poultry market is expected
to grow at a steady CAGR during the forecast period. To reduce the dependency
on the oil industry and to diversify the income resources of the country, the
Saudi Ministry of Environment Water and Agriculture encouraged domestic
production in poultry farming. The growth of the industries and the rise in the
price of crude oil have aided tremendously in the growth of the economic
situation of the country. With the launch of the supportive government policies
under the mission Saudi Vision 2030 to boost the development of industries the
poultry market is expected to witness significant growth in the forecast
period. The government encouraged foreign investment for the expansion of the
poultry market. The rise in the health-consciousness of the consumers is
shifting the diet pattern from the consumption of carbohydrate-based diet to
protein-based diet thereby increasing the demand for meat and meat-based
products. Continuous increase in the population of the country is creating the
need for the production of more food and other amenities to satisfy the needs
of the rising population. The rise in the disposable income of the consumers is
aiding in increasing the expenditure capacity of the consumers to afford
quality eating items for consumption which is expected to influence the demand
for poultry products.
Saudi Arabia Poultry market is segmented
into type, product type, nature, distribution channel, regional distribution,
and company. Based on the distribution channel, the market can be divided into
supermarkets/hypermarkets, traditional stores, specialized stores, online,
others. The supermarkets/hypermarkets segment is expected to witness growth in
the forecast period, 2022-2026. The growing income of the people and the huge
footfall in these markets to purchase a variety of products at a single place
is the driving factor for the growth of this segment.
The major players operating in the Saudi
Arabia Poultry market are Almarai Saudi Arabia, Al-Watania
Poultry Company, Al-Fakeih Poultry, Al-Berri United Food Co. Ltd, Alwadi
Poultry Farms Ltd, Co., Arabian Agricultural Services Company, Arabian Farms
Dev.Co.Ltd., Alsalamah Almotatawera Co, BRF S.A, Bayle S.A., Cargill
Incorporated, Cherkizovo Group, among others. Major companies are
developing advanced technologies and launching new services to stay competitive
in the market. Other competitive strategies include mergers & acquisitions
and new service developments.
considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze the historical growth of the market size of Saudi
Arabia Poultry market from 2016 to 2019.
- To estimate and forecast the market size of Saudi Arabia Poultry market
from 2020 to 2026 and growth rate until 2026.
- To classify and forecast Saudi Arabia Poultry market based on type,
product type, nature, distribution channel, regional distribution, and
- To identify dominant region or segment in the Saudi Arabia Poultry
- To identify drivers and challenges for Saudi Arabia Poultry market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Saudi Arabia Poultry
- To identify and analyze the profile of leading players operating in
Saudi Arabia Poultry market.
- To identify key sustainable strategies adopted by market players in
Saudi Arabia Poultry market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of producers across the globe. Subsequently, TechSci Research conducted primary
research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the producers which could not be identified due
to the limitations of secondary research. TechSci Research analyzed the producers,
distribution channels and presence of all major players across the globe.
Research calculated the market size of Saudi Arabia Poultry market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Poultry producing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to Poultry market
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as producers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
In this report, Saudi Arabia Poultry market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
Saudi Arabia Poultry Market, By Type:
- Saudi Arabia Poultry Market, By Product Type:
- Saudi Arabia Poultry Market, By Nature:
- Saudi Arabia Poultry Market, By Distribution Channel:
- Saudi Arabia Poultry Market, By
o Western Region
o Northern & Central Region
o Eastern Region
o Southern Region
Company Profiles: Detailed analysis of the major
companies present in Saudi Arabia Poultry market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Saudi Arabia Poultry market
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- Detailed analysis and profiling of
additional market players (up to five).