In 2023, poultry meat demand in the United Arab Emirates stood at 637 thousand metric tons, reflecting a year-on-year increase of 1.76%. Over the last decade, demand has shown significant fluctuations, with notable peaks in years such as 2015 (35.55%) and 2018 (26.25%) and steep declines in years like 2017 (-12.41%) and 2020 (-15.17%). The compound annual growth rate (CAGR) for the past five years up to 2023 is 1%, indicating a slow and steady recovery post-2020 downturn. Forecasts predict a steady increase, reaching 697.76 thousand metric tons by 2028 with a 5-year CAGR of 1.43% and an overall growth rate of 7.36%.
Future trends to watch for:
- Impact of economic fluctuations on consumer purchasing power and meat demand
- Shifts in consumer preferences towards alternative protein sources
- Government policies and initiatives affecting the poultry industry
- Influence of global supply chain dynamics and trade policies
- Technological advancements in poultry farming and meat production