Forecast: Beef Meat Market Size Volume in United Arab Emirates

The beef meat market size in the United Arab Emirates has shown considerable fluctuations from 2014 to 2023. The volume reached 133 thousand metric tons in 2023, marking a stabilization since 2021. Historical trends indicate fluctuations with significant dips notably in 2020, where the year-on-year variation was -16.37%, likely due to pandemic-related disruptions. However, recovery was strong in 2021 with a 20.48% increase. The compound annual growth rate (CAGR) over the past 5 years turned slightly positive at 0.32%, indicating a slow but steady increase.

Over the next five years (2024-2028), the market is forecasted to grow modestly, with a forecasted CAGR of 0.32%, leading to an estimated volume of 135.85 thousand metric tons by 2028. Future trends to watch include the impact of economic recovery post-pandemic, shifts in consumer preferences towards alternative proteins, and potential supply chain innovations improving market efficiency.