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Saudi Arabia Processed Meat Market Was Valued at USD 1,625.3 Million in 2022 and is Expected to Reach USD 2,270.7 Million by 2030 and Grow at a CAGR of 4.39% Over the Forecast Period 2023-2030.

Infograph - Saudi Arabia Processed Meat Market Was Valued at USD 1,625.3 Million in 2022 and

By Infinium Global Research Feb, 2024

Saudi Arabia processed meat market was valued at USD 1,625.3 million in 2022 and is expected to reach USD 2,270.7 million by 2030 and grow at a CAGR of 4.39% over the forecast period. Processed meat consumption in Saudi Arabia has been steadily increasing in recent years, driven by factors such as convenience, taste, and availability. The fast-paced lifestyles of urban dwellers have created a demand for quick and easy-to-prepare meals, making processed meat a popular choice. Further, the growth in employment rates in the Kingdom of Saudi Arabia has increased and will reach 61.50% in 2021, which will create demand for convenience and nutritious food products like processed meat. The increasing popularity of processed meat products in Saudi Arabia can be attributed to several factors, including the influence of Western food culture and the presence of international fast-food chains. Exposure to Western cuisine has led to the incorporation of processed meats into the Saudi diet, with items like burgers and sandwiches becoming more prevalent. The expanding retail sector, encompassing supermarkets, hypermarkets, and convenience stores, has played a vital role in meeting the growing demand for processed meat in the country. These retail outlets offer a wide range of processed meat options, ensuring accessibility and convenience for consumers with diverse preferences. However, rising awareness with respect to eating habits and nutrition consumption among the population is creating growth opportunities for processed meat manufacturers to offer low-sodium, organic, and artificial additive-free products. There will be a heightened focus on offering processed meat products made from animals raised without the use of antibiotics, hormones, or genetically modified feed in order to meet the growing demand for organic and more sustainable choices. These healthier alternatives will provide consumers in Saudi Arabia with options that align with their health-conscious lifestyles and values. The availability of such products will enable individuals to make informed choices and incorporate processed meats into their diets in a more balanced and nutritious manner, ensuring a healthier future for consumers in Saudi Arabia and the growth of the processed meat market over the forecast period.

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