Saudi Arabia: Analysis of the Poultry Sector 2017 - 2022 - Growth, Trends and Forecasts

  • ID: 4388942
  • Report
  • Region: Saudi Arabia
  • 78 pages
  • Mordor Intelligence
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Saudi Arabia is the largest importer of food and agricultural products among the Gulf Cooperation Council (GCC) countries, with a population more than double that of the five GCC states (UAE, Kuwait, Qatar, Oman and Bahrain), together. The Saudi poultry sector has experienced a major production growth in recent years. Broiler meat production was estimated at 640,000 MT in 2014. Local broiler production, currently, covers about 42% of the total Saudi Arabia’s consumption needs, estimated at 1.44 million MT. This is forecasted to increase at a CAGR of X% between 2016 and 2021.

Drivers

The rise in crude oil prices has led to the increased economic growth in the region. The rising affluence has led to a shift in consumption pattern from a carbohydrate-based diet to protein-based diet, thus increasing the demand for meat and meat products. Growing population is another factor responsible for increased consumption. Urbanization and growing popularity of retail format, together, are enhancing the consumption of processed food, milk and meat. The government offers support in the form of direct subsidies for select food production equipment, duty-free imports of raw supplies, interest-free loans and highly subsided benefits.

Restraints and Challenges

As the region has a high Islamic population, the biggest constraint for the market here is strict quality checks and phytosanitary norms, along with Halal requirements. Processes, such as stunning and automated mechanical slaughter, do not accommodate Halal procedures, making these methods of slaughter unsuitable for the region.

Soaring poultry feed costs, as well as, the high chicken mortality rates in Saudi poultry remain major constraints to the expanding broiler production in the Kingdom. Endemic poultry diseases have increased chicken mortality rates in many Saudi poultry farms in recent years, which have been estimated at 25%, on an average, and reached 50% in some individual farms.

Opportunities

The Saudi government has been targeting the poultry sector to help achieve the Kingdom’s food security strategy goals, by offering local poultry producers with different types of production support that include subsidies for animal feed, interest-free loans and rebates on the purchase of poultry equipment. To reduce the risks associated with high mortality rates and encourage local investors, the Saudi Agricultural Development Fund (ADF) implemented a new cooperative plan to subsidize insurance for poultry production. The stated goals of this national scheme include establishing stricter bio-security programs for participating poultry farms, reducing average chicken mortality rate in the Saudi farms from 25% to 5%, and encouraging new investments in the poultry sector, by compensating farmers for the financial losses they may suffer in case of poultry diseases outbreak. Hence, there are a lot of opportunities in the country regarding trade, food processing and infrastructure requirements. As many importers in this region import live animals, there exist great opportunities for setting up slaughter houses and processing plants in the region.

About the Market

PESTLE Analysis (Overview): Macro market factors pertinent to this region.
Market Definition: Main, as well as, associated/ancillary components constituting the market.
Key Findings of the Study: Top headlines about market trends & numbers.
Market Dynamics:
  • Market Concentration: Porter’s 5 Forces Analysis quantified by a comprehensive list of parameters.
Chain Analysis:
Competition:
  • Market Share Analysis: Top players in the market (by value and volume).
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1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Market overview poultry
3.1 Chicken
3.1.1 Introduction
3.1.2 Market size
3.1.3 Market growth
3.1.3.1 Drivers for market growth
3.1.3.2 Restraints in the market
3.1.4 Production and consumption (2014-2020)
3.1.4.1 Introduction
3.1.4.2 Production statistics (2004-2014)
3.1.4.3 Consumption Statistics (2004-2014)
3.1.4.4 Growth analysis
3.1.5 Export and Import
3.1.5.1 Major countries exporting to Saudi Arabia
3.1.5.1.1 Country by country import statistics (Value and tonnage)
3.1.5.1.2 Import regulations
3.1.5.2 Saudi Arabia Chicken exports
3.1.5.2.1 Major chicken products exported
  • Frozen chicken
  • Live birds
  • Sausages
  • Other frozen chicken items
3.1.5.2.2 Export regulations
3.1.6 Major companies
3.1.6.1 Introduction
3.1.6.2 Financials of major companies
3.1.6.3 Government susidies and programmes
3.1.6.4 Competition analysis
3.1.6.5 New developments
3.1.6.6 Investment opportunities
3.1.7 Government regulations
3.2 Eggs
3.2.1 Introduction
3.2.2 Market size
3.2.3 Market growth
3.2.3.1 Drivers for market growth
3.2.3.2 Restraints in the market
3.2.4 Production and consumption (2014-2020)
3.2.4.1 Introduction
3.2.4.2 Production statistics (2004-2014)
3.2.4.3 Consumption Statistics (2004-2014)
3.2.4.4 Growth analysis
3.2.5 Export and Import
3.2.5.1 Major countries exporting to Saudi Arabia
3.2.5.1.1 Country by country import statistics (Value and tonnage)
3.2.5.1.2 Import regulations
3.2.5.2 Saudi Arabia egg exports
3.2.5.2.1 Major egg products exported
  • Eggs
  • Dried eggs
  • Other egg based items
3.2.5.2.2 Export regulations
3.2.6 Major companies
3.2.6.1 Introduction
3.2.6.2 Financials of major companies
3.2.6.3 Government susidies and programmes
3.2.6.4 Competition analysis
3.2.6.5 New developments
3.2.6.6 Investment opportunities
3.2.7 Government regulations
4. Growth trends for Saudi Arabia's poultry industry
5. Conclusion
6. Charts and tables
7. Appendix
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