Saudi Arabia Poultry Market to Witness Steady Growth till 2026

2016 – 2026 SAUDI ARABIA POULTRY MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

Scope of Report Product of Interest (POI): Poultry Poultry are domesticated birds kept for their eggs, meat or for their feathers. Thesebirdsaremostlychickens,etc. Market Segmentation POULTRY MARKET TYPE DISTRIBUTION CHANNEL Year Range • Broiler • B2B • Eggs • Traditional Retail • Others • Modern Retail Review Period 2016-2019 END USE REGION Base Year • Retail • Western Region 2020 • Institutional • Northern & Central Region • Eastern Region Estimated Year • Southern Region 2021 Forecast Period 2022 – 2026 2

Table of Contents S. No. Contents Page No. 1. Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) 2. Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) 3. Impact of COVID-19 on Saudi Arabia Poultry Market 4. Executive Summary 5. Voice of Customer Saudi Arabia Poultry Market Outlook, 2016-2026F (This chapter includes a brief 6. overview of the product of interest market such as total market’s growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.) 6.1. Market Size & Forecast 6.1.1. By Value & Volume (Tons) 6.2. Market Share & Forecast 6.2.1. By Type (Broiler, Eggs, Others) 6.2.2. By End Use (Retail, Institutional) 6.2.3. By Distribution Channel (B2B, Traditional Retail, Modern Retail) 6.2.4. By Region 6.2.5. By Company (2020) 6.3. Product Market Map 3

Table of Contents Table of Contents S. No. Contents Page No. 7. Saudi Arabia Broiler Poultry Market Outlook, 2016-2026F 7.1. Market Size & Forecast 7.1.1. By Value & Volume (Tons) 7.2. Market Share & Forecast 7.2.1. By End Use 7.2.2. By Distribution Channel 8. Saudi Arabia Eggs Poultry Market Outlook, 2016-2026F 8.1. Market Size & Forecast 8.1.1. By Value & Volume (Tons) 8.2. Market Share & Forecast 8.2.1. By End Use 8.2.2. By Distribution Channel 9. Market Dynamics (This chapter assesses the major demand drivers and restraints.) 9.1. Drivers 9.2. Challenges 4

Table of Contents Table of Contents S. No. Contents Page No. Market Trends & Developments (This section captures recent trends pertaining to 10. manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) 11. Policy & Regulatory Landscape 12. Import/Export Analysis 13. Saudi Arabia Economic Profile 14. Competitive Landscape 14.1. Company Profiles 14.1.1. Company Details 14.1.2. Products & Services 14.1.3. Financials (As Reported) 14.1.4. Key Market Focus & Geographical Presence 14.1.5. Recent Developments 14.1.6. Key Management Personnel 15. Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) 16. About Us & Disclaimer 5

RESEARCH METHODOLOGY

Research Methodology Market Formulating Developing List Data Data Data Profiling Questionnaire of Respondents Collection Validation Analysis In-depth secondary In order to conduct List of industry TechSci conducted Data obtained as a The data was scrutinized research was conducted to industry experts’ players and industry interviews with result of primary using MS-Excel, statistical determine top players in interviews, TechSci specialists was industry experts and and secondary tools and internal the Saudi Arabia poultry formulated a detailed developed. industry players for research was proprietary database to market, overall market size discussion guide. data collection and validated through obtain qualitative and and segmental market size. verification. rigorous quantitative insights about triangulation. the Saudi Arabia poultry market. Primary Research Desk Research Company Analysis ✓ Identifying Key Opinion ✓ Recent Developments ✓ Market Participants Data Data Filter Research & Actionable Business ✓ Market Changing ✓ Key Strengths Collection & Analysis Intelligence Insights Solution Leaders Aspects/Dynamics ✓ Questionnaire Design ✓ Government Policies ✓ In-depth Interviews ✓ Final Conclusion Primary Research Secondary Paid Sources Research ✓ LinkedIn ✓ Company Websites ✓ Factiva ✓ TechSci Internal ✓ Company Annual ✓ Hoovers Database Reports ✓ White Paper Study ✓ Financial Reports ✓ Investor Presentations ✓ Regulatory Body ✓ Associations, etc. 7

Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Saudi Arabia poultry market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increase in the demand for animal protein. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Saudi Arabia poultry market. Methodology Followed forCalculation of Market Size: • MarketSize ByValue & Volume: Market size, in terms of value & volume, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as poultry manufacturer & supplier companies, channel partners, market influencers & end users, industry experts, and other industry participants. • Theteaminterviewedmorethan15–20poultrymanufacturer&suppliercompanies,45–50channelpartners,80–100endusers,and15– 20 industry experts and other value chain stakeholders in Saudi Arabia poultry market to obtain the overall market size for 2016 & 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2016-2020. 8

Research Methodology • Respondents were asked about the current and future market growth rates, market shares by type, by end use, by distribution channel, by each region and by company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segmentswerefurthertriangulated from other stakeholders. Methodology Followed forCalculation of Market Shares: Market shares by type, by end use, by distribution channel, by each region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of poultry market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed forForecasting: • TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/TableauSoftware. • Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Saudi Arabia poultry market, TechSci Research used various forecast techniques such as: ✓ Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis 9

Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also usedtheimpactanalysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be notedthatthefigures compiledare onlyfor the organized market including market share data. Partial List of Companies Interviewed Key Secondary Sources ▪ Almarai Saudi Arabia ▪ World Bank ▪ Al-WataniaPoultry Company ▪ TechSci Research Proprietary Database & Knowledge ▪ Al-FakeihPoultry Repository ▪ Al-Berri United Food Co. Ltd ▪ Company Annual Reports ▪ AlwadiPoultry Farms Ltd, Co. ▪ IndustryMagazines ▪ Arabian Agricultural Services Company ▪ Industry Reports ▪ Arabian Farms Dev.Co.Ltd. ▪ News Dailies ▪ AlsalamahAlmotataweraCo ▪ Credible Paid Databases ▪ BRF S.A ▪ Bayle S.A. ▪ Cargill Incorporated ▪ CherkizovoGroup 10

Industry Brief According to TechSci Research report, “Saudi Arabia Poultry Market By Type (Broiler, Eggs, Others) By Product Type (Raw, Chilled, Frozen) By Nature (Organic, Conventional) By Distribution Channel (Supermarkets/Hypermarkets, Traditional Stores, Specialized Stores, Online, Others), By region, Company Forecast & Opportunities, 2026”, The Saudi Arabia Poultry market is expected to witness steady growth in the forecast period. The rapid urbanization of the people to live in better conditions and search for employment opportunities is contributing to the growth of the poultry market and enhancing the demand for processed and unprocessed chicken and eggs. Support of the leading authorities for the development of the poultry market in form of relaxation in income tax, direct subsidies for select food items, interest-free loans, and duty-free imports of raw materials. The leading authorities are providing support to the local manufacturers and taking significant measures to reduce the mortality rate of the bird. An increase in the preference of the consumers for low-fat and high- protein-containing food items is fostering the growing demand of the market. The development of the trade channel and the technological advancements to keep the freshness of the food items and aid in increasing the shelf life of the edible animal food items is fostering the growth of the poultry market. The increase in the demand for frozen and chilled food items is influencing the demand for poultry-based products in the region. The high demand for the consumption of poultry-based products and the unavailability of quality animal-based edible items in the country and the need to import the animal-based food items are creating lucrative opportunities for the growth of the poultry market. The Saudi government is making heavy investments for the infrastructural development of the country in order to develop the retail and hospitality sector in the country. Under the Saudi Vision 2030, the development of the tourism industry to attract more tourists to the country for religious and other purposes, the government is aiming to develop the poultry sector to meet the growing food requirements. The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely. Leading authorities of Saudi Arabia imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. The coronavirus pandemic hit the economic status of the country which negatively impacted the growth of the industry. Disruption in the supply chain was observed which adversely affected the supply of raw materials around the country. However, the growing cost of the poultry feeds and strict quality checks and norms may hamper the Saudi Arabia Poultry market growth in the forecast period. Saudi Arabia Poultry market is segmented into type, product type, nature, distribution channel, regional distribution, and company. Based on the type, the market can be divided into broiler, eggs, and others. The broiler segment is expected to witness growth in the next five years, 2022-2026. The rise in the demand for whole chicken and its parts and the increasing affordability of the consumers is fostering the growth of this segment. The Hajj pilgrimage attracts a lot of tourists in the country which is expected to fuel the demand and rapid development of the catering service market. The rise in the development of the construction industry and the liability of the company to provide three meals a day is contributing to the growth of the poultry market as the normal diet in Saudi Arabia includes the portion of animal meat or products. Almarai Saudi Arabia, Al-Watania Poultry Company, Al-Fakeih Poultry, Al-Berri United Food Co. Ltd, Alwadi Poultry Farms Ltd, Co., Arabian Agricultural Services Company, Arabian Farms Dev.Co.Ltd., Alsalamah Almotatawera Co, BRF S.A, Bayle S.A., Cargill Incorporated, Cherkizovo Group are the leading players operating in Saudi Arabia Poultry market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several Poultry manufacturers are coming up with their technologically advanced offerings. “Development of the online commerce channels to improve the reach of products and brand image, the market players are investing huge amounts. The offering of attractive discounts and the facility for home delivery and online payment gateways ate contributing to the growth of the market. The market players are adopting advanced technologies such as 3-D imaging systems to determine the way for optimal cuts and minimize the per-unit cost for poultry processing. The use of latest technologies and the development of efficient distribution channels is expected to propel the growth of the Poultry market till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a global research-based managementconsulting firm. 11

Sample Data -Snapshot Saudi Arabia Poultry Market Size, By Value (USD Million) & By Volume (Ton), 2016–2026F 13.00 14.00 15.00 10.00 11.00 12.00 90.00 100.00 110.00 7.00 8.00 9.00 60.00 70.00 80.00 5.00 6.00 30.00 40.00 50.00 10.00 20.00 2016 CAGR By Value & Volume 2020 2021E CAGR By Value & Volume 2026F XX% By Value (USD Million) YY% By Volume ( Tons) Saudi Arabia Broiler Poultry Market Share, By End Use, By Value, 2016–2026F Institutional 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% Retail 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Saudi Arabia Broiler Poultry Market Share, By Distribution Channel, By Value, 2016–2026F B2B Traditional Retail Modern Retail 2026F 33% 33% 34% 2025F 33% 33% 34% 2024F 33% 33% 34% 2023F 33% 33% 34% 2022F 33% 33% 34% 2021E 33% 33% 34% 2020 33% 33% 34% 2019 33% 33% 34% 2018 33% 33% 34% 2017 33% 33% 34% 2016 33% 33% 34% 12

Report Ordering Report Name: SAUDI ARABIA POULTRY MARKET FORECAST & OPPORTUNITIES 2016 – 2026 License Type Price Single User License $3500 Multi-User License $4500 Custom Research License $7500 To View Sample OR Purchase Report 13

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