Key regions: South Korea, Russia, Canada, Philippines, China
The Fresh Meat market in Qatar is experiencing minimal growth due to various factors such as low consumer awareness, limited availability of fresh meat, and the preference for other protein sources. However, with the increasing demand for healthier and natural food options, there is potential for growth in the Beef & Veal, Pork, Poultry, Mutton & Goat, and Other Fresh Meat sub-markets. The convenience of online shopping and the rising health consciousness among consumers are also driving the market's growth.
Customer preferences: As Qatar's population continues to diversify, the demand for a variety of fresh meat options has increased. This has led to a surge in demand for ethically-sourced and sustainable meat products, as consumers become more conscious of their environmental impact. Additionally, with the rise of health-consciousness, there has been a growing preference for lean and organic meat options. These shifts in consumer preferences reflect a larger trend towards more mindful and conscious consumption in the Fresh Meat Market of the Meat Market within The Food market.
Trends in the market: In Qatar, the Fresh Meat Market of the Meat Market within The Food market is experiencing a shift towards organic and locally sourced meat products. Consumers are increasingly demanding transparency and sustainability in the production process, leading to a rise in ethical and environmentally conscious meat consumption. This trend is expected to continue, with more companies investing in sustainable and traceable sourcing methods. This has significant implications for industry stakeholders, as they will need to adapt their practices to meet consumer demands and stay competitive in the market. Additionally, with the rise of e-commerce and online grocery shopping, the Fresh Meat Market is also seeing an increase in online sales, presenting opportunities for companies to expand their reach and tap into the growing online consumer base.
Local special circumstances: In Qatar, the Fresh Meat Market of the Meat Market within The Food market is heavily influenced by cultural and religious factors, such as the Muslim population's preference for halal meat. Additionally, the country's stringent food safety regulations ensure the quality and hygiene of fresh meat products. Geographically, the small size of Qatar and its high concentration of expatriate workers also play a role in shaping the market, with a demand for a variety of meat options from different countries. These unique factors contribute to the dynamics of the Fresh Meat Market in Qatar, setting it apart from other markets in the region.
Underlying macroeconomic factors: The Fresh Meat Market of the Meat Market within The Food market in Qatar is heavily influenced by macroeconomic factors such as population growth, economic stability, and government policies. Qatar's growing population, driven by high immigration rates, has led to an increased demand for meat products. Additionally, the country's stable and prosperous economy has allowed consumers to have higher purchasing power, leading to increased consumption of premium meat products. Furthermore, the Qatari government's efforts to diversify its economy and reduce dependency on oil have resulted in increased investments in the food industry, further driving the growth of the Fresh Meat Market. However, rising inflation and trade tensions could potentially impact market performance in the future.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
