Meat production in Saudi Arabia has shown steady growth since 2013, standing at 1160.2 thousand metric tons in 2023. Over the past decade, the meat production industry experienced several fluctuations, peaking in 2019 at 1074.2 thousand metric tons before a slight decline in 2020. Nonetheless, the sector rebounded with notable increases in the subsequent years, culminating in a 2.42% year-on-year growth by 2023.
Looking ahead from 2024, forecasts indicate a continuous upward trend in meat production, with a projected figure of 1303.2 thousand metric tons by 2028. The CAGR for the next five years (2024-2028) is projected at 1.83%, signifying consistent yet moderate growth compared to previous years.
Future trends to watch for include:
- Consumer demand fluctuations influenced by health trends and dietary shifts.
- Impact of technological advancements in meat production processes.
- Potential effects of government policies on local production and imports.
- Sustainability practices and their adoption rates within the meat industry.
