Key regions: South Korea, Russia, Canada, Philippines, China
The Fresh Meat market in Sudan is experiencing subdued growth, influenced by factors such as limited access to digital technologies, low health awareness among consumers, and challenges in the online meat services sector. Despite this, the market continues to expand due to the high demand for Beef & Veal, Pork, Poultry, Mutton & Goat, and Other Fresh Meat.
Customer preferences: The Fresh Meat Market in Sudan has seen a rise in demand for locally sourced, organic meat products. This trend is driven by a growing preference for sustainable and ethically-sourced food options among consumers. Additionally, there has been a shift towards grass-fed and hormone-free meats, as consumers become more health-conscious. This can also be attributed to an increasing awareness of the environmental impact of factory farming. As a result, there has been a surge in small-scale, independent meat producers in the market, catering to this niche demand.
Trends in the market: In Sudan, the Fresh Meat Market within the Meat Market of The Food market is experiencing a shift towards more sustainable and organic meat options. This trend is driven by consumer demand for healthier and ethically-sourced products. As a result, market players are investing in sustainable farming practices and offering a wider range of organic meat products. This trajectory is expected to continue, with potential implications including higher prices and increased competition for traditional meat producers. Additionally, there is a growing interest in locally-sourced and traceable meat, further shaping the future of the Fresh Meat Market in Sudan.
Local special circumstances: In Sudan, the Fresh Meat Market of the Meat Market within The Food market is heavily influenced by the country's geographical and cultural factors. The majority of the population relies on livestock for their livelihood, resulting in a large demand for fresh meat. Additionally, the country's Islamic culture places a strong emphasis on halal meat, which has a significant impact on the types of meat sold in the market. Furthermore, the government's regulatory policies on meat production and importation also play a crucial role in shaping the dynamics of the Fresh Meat Market in Sudan.
Underlying macroeconomic factors: The Fresh Meat Market of the Meat Market within The Food market in Sudan is impacted by several macroeconomic factors. One key factor is the overall economic health of the country, which is influenced by factors such as GDP growth, inflation rates, and unemployment rates. Additionally, fiscal policies and trade agreements with other countries can also impact the market. For example, changes in import and export regulations can affect the availability and price of fresh meat in the market. Furthermore, global economic trends, such as fluctuations in commodity prices and exchange rates, can also have a significant impact on the performance of the fresh meat market in Sudan. Moreover, the political stability and government policies related to agriculture and food production can also influence the supply and demand dynamics in the market. Overall, a stable and favorable macroeconomic environment is crucial for the growth and development of the fresh meat market in Sudan.
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.
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