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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)
Key regions: India, China, United Kingdom, Spain, South Korea
The Processed Meat Market within the Meat Market of The Food market in the UAE is experiencing slow growth due to factors such as increasing health consciousness among consumers, stricter regulations on meat processing, and the availability of healthier alternatives. The sub-markets of Ham & Bacon, Sausages, and Cold & Roast Meat Products are all impacted by these factors, leading to a negligible growth rate.
Customer preferences: Consumer preferences in the Processed Meat Market of the Meat Market within The Food market in the United Arab Emirates have been shifting towards healthier and more sustainable options. This trend is influenced by the growing awareness of the environmental impact of meat production and the health risks associated with processed meat consumption. As a result, there is an increased demand for plant-based alternatives and organic, grass-fed meat products. This change in preference is also driven by the rise of flexitarian and vegan diets, as well as the increasing concern for animal welfare.
Trends in the market: In the United Arab Emirates, the Processed Meat Market within the Meat Market of The Food market is experiencing a shift towards healthier and more sustainable options. With a growing awareness of the negative health and environmental impacts of processed meats, consumers are opting for alternatives such as plant-based meats and locally sourced, organic meats. This trend is expected to continue, with potential implications for industry stakeholders including the need for product diversification and sustainability initiatives.
Local special circumstances: In the United Arab Emirates, the Processed Meat market is heavily influenced by cultural and religious norms. With a large Muslim population, there is a strong demand for halal-certified products. This has led to the development of specialized processing techniques and packaging methods to meet these requirements. Additionally, the country's rapid urbanization and growing expat population have resulted in a higher demand for convenience foods, making processed meat products a popular choice. The strict regulatory standards set by the Emirates Authority for Standardization and Metrology further shape the market, ensuring the safety and quality of processed meat products for consumers. These unique factors contribute to the dynamics of the Processed Meat Market in the United Arab Emirates.
Underlying macroeconomic factors: The Processed Meat Market of the Meat Market within The Food market in the United Arab Emirates is greatly influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The country's strong economic growth, stable political system, and favorable business environment have attracted significant investments in the food industry, leading to a rise in demand for processed meat products. Additionally, the growing population and rising disposable incomes have also contributed to the growth of the processed meat market in the country. However, fluctuations in global commodity prices and increasing competition from alternative protein sources may pose challenges to the market's 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)