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Lu - vi, 9:00 - 18:00 h (EST)
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The Fresh Meat market in Iran is facing subdued growth, influenced by factors such as fluctuating consumer demand, changing dietary preferences, and increasing competition from alternative protein sources. Despite this, the market is expected to experience steady growth due to the rising population and growing middle-class, who are increasingly conscious about their health and willing to invest in quality meat products. Additionally, the convenience offered by online purchasing and delivery services is also driving market growth.
Customer preferences: Consumers in Iran are increasingly turning towards locally-sourced, organic meat products, driven by a growing awareness of the negative impacts of factory farming and processed meat. This trend is also influenced by cultural and religious beliefs, as many Iranians prioritize halal and ethically-raised meat. Additionally, there is a rising demand for premium, specialty cuts of meat, reflecting a shift towards more sophisticated and health-conscious diets. These changing preferences suggest a potential market for niche, sustainable meat producers in Iran.
Trends in the market: In Iran, the Fresh Meat Market within the Meat Market of The Food market is experiencing a shift towards online sales and home delivery services, driven by the COVID-19 pandemic and changing consumer preferences. This trend is expected to continue, with consumers increasingly relying on e-commerce platforms and mobile apps for their meat purchases. This presents an opportunity for industry players to invest in digital infrastructure and improve their online presence. However, this shift also poses challenges for traditional brick-and-mortar retailers who may struggle to adapt to the changing market landscape. Overall, the rise of e-commerce in the Fresh Meat Market has significant implications for both retailers and consumers, with convenience and safety being key factors driving this trend.
Local special circumstances: In Iran, the Fresh Meat Market within the Meat Market of The Food market is heavily influenced by religious and cultural norms. Consumption of pork is forbidden in Islam, leading to a high demand for halal meat. This has led to the establishment of strict halal certification requirements for meat products. The country's geographical location also plays a role, with limited access to certain types of meat, such as beef, resulting in higher prices and a preference for alternative protein sources such as lamb and poultry. Additionally, government regulations and subsidies on meat production and imports also impact the market dynamics in Iran.
Underlying macroeconomic factors: The Fresh Meat Market in Iran is influenced by various macroeconomic factors, including global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The market is heavily impacted by the country's overall economic stability, as well as government policies and regulations. Additionally, the ongoing COVID-19 pandemic has had a significant impact on the market, with disruptions in supply chains and consumer spending. Furthermore, fluctuations in exchange rates and inflation rates can affect the cost of imports and exports, which can also impact the market. The increasing urbanization and rising disposable income in Iran have led to a growing demand for high-quality fresh meat, particularly among the middle class. However, challenges such as limited access to finance and infrastructure, as well as political and social tensions, can also hinder market growth. Overall, the Fresh Meat Market in Iran is heavily influenced by external economic factors, which can significantly impact its performance and growth.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)