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Get the latest trends and understand the impact of the crisis on the market. The US is the second major beef producing nation to be granted access to the Saudi beef market after a BSE-related ban, following the return of Brazilian beef to Saudi Arabia in early 2016. The forecast exhibits the market prospects through 2025. Making Data-Driven Decisions to Grow Your Business, Understanding the Current State of The Market and Its Prospects, Finding New Products to Diversify Your Business, Choosing the Best Countries to Establish Your Sustainable Supply Chain, Choosing the Best Countries to Boost Your Exports, The Latest Trends and Insights into The Industry, The Largest Producers on The Market and Their Profiles. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. In value terms, the United Arab Emirates ($X) remains the key foreign market for beef exports from Saudi Arabia, comprising X% of total exports. Saudi Arabia edible meat market is anticipated to grow at a CAGR of 5.5% during the forecast period (2020 - 2025). Key recent trends on the beef meat market in Saudi Arabia 6.6. Destination Market: Saudi Arabia. owl.owlCarousel({ }); var allElems = this.get(), The growth of the Saudi Arabia pet food market size is being aided by the cat and dog food industry in the country, which reached a value of about USD 34 million in 2019. We'll occasionally send you account related emails. While the Saudi Arabian business will expand the U.S. beef industry’s current export market portfolio, it’s still a very small piece of the pie. var allElems = this.get(), In value terms, India ($X), Brazil ($X) and Australia ($X) appeared to be the largest beef suppliers to Saudi Arabia, with a combined X% share of total imports. The main consuming markets for … The Saudi Arabia pet food market is aided by the growth of the cat and dog food industry in the country, which attained a value of USD 34 million in 2019 driven by the growing disposable incomes of pet owners. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Explore detailed information about the exports and imports of Beef for Saudi Arabia. Argentina, India, Australia, Mexico, Pakistan, Russia, France, Canada and Germany lagged somewhat behind, together accounting for a further 24%. This report provides an in-depth analysis of the beef market in Saudi Arabia. Saudi Arabia consumers will now have the opportunity to enjoy high quality American beef.” Argentina, Pakistan, Mexico, Russia, France, Egypt, Germany, India and Turkey lagged somewhat behind, together comprising a further 21%. Competitive landscape of the market 6.7. How to outsource production to other countries, 8. Key factors driving the growth of the edible meat market in Saudi Arabia are the increase in tourism, robust economic growth, changing consumer trends, and advanced technologies. Over the period under review, exports reached the maximum at $X in 2018, and then declined rapidly in the following year. })(jQuery); The unofficial Saudi Arabian boycott on Turkish products has reach a new level with a local burger chain changing a name of one of it’s products from “Turkish Burger” to “Greek Burger.” Not only did the Herfy’s burger chain change the name of the beef patty accompanied with a spicy taste, but it also reduce the price of the product. Beef production peaked at $X in 2018, and then shrank in the following year. Explore detailed information about the global Beef markets. We'll occasionally send you account related emails. Global Beef Industry Market Research Report 1 Beef Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Beef 1.3 Beef Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Beef Value ($) and Growth Rate from 2012-2022 1.4 Market Segmentation 1.4.1 Types of Beef 1.4.2 Applications of Beef 1.4.3 Research … Men make up 56.5% of the population while women account for 43.5%. }, The average beef export price stood at $5,400 per tonne in 2019, reducing by -2.7% against the previous year. $("#slider15fc8b04e97c64 .item").shuffle(); The forecast exhibits the market prospects through 2030. this.each(function(i){ Ten days ago, the reopening of the Saudi Arabian market to receiving Paraguayan meat was announced, which also occurred after 10 years of renegotiation. return Math.floor(Math.random() * max); Over the period under review, average import prices reached the peak figure at $X per tonne in 2015; afterwards, it flattened through to 2019. autoplayTimeout: 5000, The United States exported over $31 million of U.S. beef and beef products in 2011, prior to the ban. allElems.splice(random, 1); From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan, while the prices for the other major suppliers experienced more modest paces of growth. According to the report published by Allied Market Research, Saudi Arabia aluminum market generated $1.7 billion in 2018, and is expected to garner $2.4 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. var owl = $('#slider15fc8b04e97c64'); In 2019, the average beef export price amounted to $X per tonne, waning by -X% against the previous year. The Saudi Market for Beef and Veal General Annual consumption of beef and veal in Saudi Arabia is estimated at about 100,000 metric tons (MT). The US is the second major beef producing nation to be granted access to the Saudi beef market after a BSE-related ban, following the return of Brazilian beef to Saudi Arabia in early 2016. }; From 2015 to 2019, the growth exports failed to regain the momentum. this.each(function(i){ slideSpeed: 500, MOST PROMISING SUPPLYING COUNTRIES, CHAPTER 6. Note that this information and related analysis is based on the statistics of HS code 020130 ( Bovine cuts boneless, fresh or chilled ) . Saudi Arabia: Equine Animals Meat Industry, “Accurate and reliable data and very knowledgeable team.”, Helen J., Marketing Manager, UK office, European Construction Materials Company, “The report was full of important details and still very easy to read and follow.”, Chris T., Project Manager, US office Global Consulting Company, “Great content – very informative with lots of quantitative data – just what we needed.”, John S., Product Manager, US office Global Electronics Company, Competitive Landscape Analysis and Evaluation, Product Development and Launch Strategies.

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