Forecast: Poultry Meat Slaughtering in Saudi Arabia

The poultry meat slaughtering industry in Saudi Arabia has seen fluctuating growth over the historical period. From 2013 to 2014, the market observed significant growth with a year-on-year increase of 17.74%. However, subsequent years experienced moderate to negative growth, highlighted by a notable drop in 2020 at -3.47%. As of 2023, the volume stood at 674.06 million units, showing a marginal year-on-year increase of 1.15%. The five-year compound annual growth rate (CAGR) up to 2023 was 1.19%. Forward projections from 2024 to 2028 show a steady increase with a 0.91% CAGR, reflecting moderate sector stability with a 4.65% overall growth over the five years.

Future trends to watch in the poultry meat slaughtering industry include advancements in biosecurity measures, evolving consumer preferences towards organic and free-range poultry, and potential government initiatives to boost domestic production. Monitoring shifts in import-export policies and technological innovations in slaughtering processes will also be crucial.