Meat - Bahrain | Statista Market Forecast

Revenue in the Meat market amounts to US$464.00m in 2024. The market is expected to grow annually by 4.55% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$273bn in 2024).
In relation to total population figures, per person revenues of US$309.60 are generated in 2024.
In the Meat market, volume is expected to amount to 39.89m kg by 2029. The Meat market is expected to show a volume growth of 1.5% in 2025.0.
The average volume per person in the Meat market is expected to amount to 25.2kg in 2024.

Definition:

The Meat market covers animal (both domestic and wild) and non-animal meat that are bought and consumed for nutrient-based purposes.

Structure:

The market consists of 3 different submarkets:

The Fresh Meat market covers meat from both domestic and wild animals that are fresh, chilled, or frozen. This market is divided into five submarkets: beef & veal, pork, mutton & goat, poultry, and other fresh meat.
The Processed Meat market covers all types of meat that has been dried, salted, brined, or smoked. This segment is divided into three subsegments: cold & roast meat products, ham & bacon, sausages.
The Meat Substitutes market covers meat-replacement food items created from vegetarian or vegan components.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

Fresh Meat
Processed Meat
Meat Substitutes

Meat-based ready-to-eat meals
Out-of-home consumption

The Meat Market in The Food market of Bahrain is facing negligible growth, influenced by factors such as shifting consumer preferences towards healthier meat substitutes, increasing competition from processed meat alternatives, and a growing emphasis on sustainable and ethical meat production. Despite these challenges, the market continues to experience steady demand from the sub-markets of Fresh Meat, Processed Meat, and Meat Substitutes, driven by rising disposable incomes and a growing population.

Customer preferences: The Meat Market within The Food market in Bahrain has seen a growing demand for locally sourced, organic and ethically raised meat products. This trend is driven by a rise in health-conscious consumers who are willing to pay a premium for high-quality, sustainable meat options. Additionally, there is a growing interest in alternative protein sources, such as plant-based meats, among younger generations who are more environmentally conscious and health-focused. This shift towards ethical and sustainable meat consumption is expected to continue as consumers become more informed and aware of their food choices.

Trends in the market: In Bahrain, the Meat Market within The Food market industry is experiencing a rise in demand for organic and locally sourced meat products. This trend is driven by consumers' increasing preference for sustainable and ethically produced food options. As a result, several meat producers in Bahrain are adopting sustainable farming practices and investing in traceability technologies. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need for transparent supply chains. Additionally, there is a growing trend towards alternative protein sources, such as plant-based meat substitutes, which could disrupt the traditional meat market in Bahrain.

Local special circumstances: In Bahrain, the Meat Market within The Food market is heavily influenced by the country's cultural and religious customs. As a Muslim-majority country, the demand for halal meat is high, leading to a significant presence of halal butchers and meat suppliers. Additionally, Bahrain's geographic location as an island nation also plays a role in the market dynamics, with a heavy reliance on imported meat products from neighboring countries. The government's strict regulations on food safety and labeling also impact the market, ensuring that all meat products meet halal standards and are properly labeled for consumer awareness. These unique factors contribute to the overall growth and success of the Meat Market within The Food market in Bahrain, setting it apart from other markets.

Underlying macroeconomic factors: The Meat Market within The Food market in Bahrain is impacted by macroeconomic factors such as economic stability, consumer spending, and government policies. The nation's strong economic growth and increasing disposable incomes have led to a rise in demand for high-quality meat products, driving market growth. Additionally, the government's efforts to diversify the economy and promote food security through investments in agriculture and food processing have further bolstered the market. However, fluctuations in global meat prices and trade policies can pose challenges for the market. Furthermore, health and safety regulations and consumer preferences for ethically-sourced and sustainable meat products are also important factors influencing market performance.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

In the past, many cultures considered meat a luxury that could only be enjoyed on special occasions or certain days of the week, while today it is a staple that can be found in nearly all restaurants and many kitchens all over the world. The market value of the meat industry is expected to rise from 897.5 billion U.S. dollars in 2021 to over 1.3 trillion dollars by 2027. In 2022, the United States saw the highest revenue from meat products and sausages, over five billion U.S. dollars more than the second largest meat market in the world, Germany with a revenue of over 33.6 billion U.S. dollars. France, Russia, and Mexico are finishing the top five countries with the biggest revenue from processed meats.