Middle East & Africa Red Meat Market Size & Outlook
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MEA red meat market highlights
- The MEA red meat market generated a revenue of USD 72,509.4 million in 2024.
- The market is expected to grow at a CAGR of 4.2% from 2025 to 2030.
- In terms of segment, beef was the largest revenue generating type in 2024.
- Sheep & Goat is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 72,509.4 million |
| Market revenue in 2030 | USD 92,205.6 million |
| Growth rate | 4.2% (CAGR from 2025 to 2030) |
| Largest segment | Beef |
| Fastest growing segment | Sheep & Goat |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef, Pig, Sheep & Goat, Others (Veal, and Vension) |
| Key market players worldwide | Hormel Foods Corp, JBS Foods Canada, Tyson Foods Inc Class A, The Kraft Heinz Co, Cargill, Conagra Foodservice, BRF SA ADR, OSI Group, Sysco Corp, Irish Country Meats |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.2% of the global red meat market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 276,737.6 million by 2030.
Beef was the largest segment with a revenue share of 59.59% in 2024. Horizon Databook has segmented the Middle East & Africa red meat market based on beef, pig, sheep & goat, others (veal, and vension) covering the revenue growth of each sub-segment from 2018 to 2030.
Expenditure on imported meat tends to be notably greater throughout the Middle East, especially in Gulf Cooperation Council (GCC) nations boasting a substantial and expanding affluent consumer demographic.
This will continue to represent the primary avenue for growth and opportunity in the market. South Africa and the UAE are emerging as major regional hubs for meat processing, specializing in the production of burger patties, assorted minced meat products, and deli meats.
In certain markets that are nurturing their tourism industries, like Dubai and Qatar, there is an anticipated surge in the upscale, informal dining, and quick-service restaurant (QSR) segments within the foodservice sector.
Key Regions: U.S. , Japan , Brazil , South Africa , Canada
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Red Meat Market Scope
Red Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Irish Country Meats | View profile | 51-100 | Ireland, Indiana, United States, North America | https://irishcountrymeats.com |
| OSI Group | View profile | 51-100 | Montréal, Quebec, Canada, North America | https://www.opto.com |
| JBS Foods Canada | View profile | 1001-5000 | Greeley, Colorado, United States, North America | https://jbsfoodcanada.ca |
| Conagra Foodservice | View profile | 1001-5000 | Chicago, Illinois, United States, North America | https://www.conagrafoodservice.com |
| Sysco Corp | View profile | 72000 | 1390 Enclave Parkway, Houston, TX, United States, 77077-2099 | https://www.sysco.com |
| Hormel Foods Corp | View profile | 20000 | 1 Hormel Place, Austin, MN, United States, 55912-3680 | https://www.hormelfoods.com |
| BRF SA ADR | View profile | 96667 | Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, Brazil, 05425-070 | https://www.brf-global.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| Tyson Foods Inc Class A | View profile | 139000 | 2200 West Don Tyson Parkway, Springdale, AR, United States, 72762-6999 | https://www.tysonfoods.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
MEA red meat market size, by country, 2018-2030 (US$M)
Middle East & Africa Red Meat Market Outlook Share, 2024 & 2030 (US$M)
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