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Report Code :CM 1335
UAE Red Meat Market Outlook
2025: Opportunity & Growth Analysis, 2017-2025
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UAE Red Meat Market Outlook
Table OF Contents
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UAE Red Meat Market Outlook
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Vision Value Visibility
UAE Red Meat Market
UAERedMeatMarket Outlook
 UAE Red Meat Market
 Demographic Trends
 Consumer Spending Rate ($)
 Demand & Supply Analysis ($)
 Marketing & Distribution Analysis
 Retail Sales Analysis ($), By End User
 Red Meat Imports & Exports Analysis ($)
 Competition Analysis
 Executive Summary
 Research Methodology
 Regional Opportunity Analysis on the basis of Competitors
 UAE Red Meat Market, 2017-2025
 Market Size (USD Million)
 Forecast Analysis (2017-2025)
 Market Share & CAGR (%)
 Regional Share Distribution (%)
 Market Dynamics
 GrowthDrivers
 Market Restraints
 RiskAnalysis(DemandRisk& SupplyRiskAnalysis)
 EconomicVariations
 RecentTrends& Developments
 Opportunities for MarketPlayers
 RedMeat Market Segmentation
By Red Meat Storage Analysis, 2017-2025
 Chilled red meat (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)
 Frozen red meat (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)
 Shelf Stable red meat (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)
 BPS Analysis & Market Attractiveness of Red Meat Market By Red Meat Storage
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Vision Value Visibility
UAE Red Meat Market
By End User Analysis, 2017-2025
 Commercial User (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)
 Hotels Analysis
 Restaurants Analysis
 Others
 Mass Consumer (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)
 BPS Analysis & Attractiveness of Red Meat Market By End User
By Distribution Channel Analysis, 2017-2025
 Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)
 Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)
 Supermarkets Analysis
 Hypermarkets Analysis
 Specialty Stores Analysis
 Other Distribution Channels
 BPS Analysis & Attractiveness of Red Meat Market By Distribution Channel
CompetitiveOutlook
 Market Shareof Major Players(2017)
 CompanyProfiles
 7 Eleven
Company Synopsis
Business Strategy
Product Portfolio
 SunImpex
 Elfab Co LLC
 Siam Trading Company LLC
 Kibsons International LLC
 Carrefour
 Spinneys
 Union Coop
 Emirates Meat (Galadari-EDAM) LLC
 Sidco Foods Trading LLC
 Al Rawdah (Emirates Modern Poultry Co.)
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Vision Value Visibility
UAE Red Meat Market
 PESTLEAnalysis andValueChainAnalysisofRedMeatMarket
 Porter’sFiveForceModel
 MarketLandscape:CompetitionandBeyond
Marketoutlookforbusinessplayersandentrylevelplayersto ascertaintheir businessindynamic
ecosystem
 ExpertAnalysis
 ConcludingRemarks
Executive Summary
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UAE Red Meat Market Outlook
Source: Goldstein Research
In 2017, Emirates of Dubai region
accounted for the highest market share XX%in UAE Red
Meat Market
XX%
CAGR: (2017-2025)
With XX% share in 2017, Shelf Stable
Meat segment sales to grow at highest CAGR in
UAE Red Meat Market
Source: Goldstein Research
XX%
XX%
Online Offline
Source: Goldstein Research
Source: Goldstein Research
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f 2025f
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UAE Red Meat Market Outlook
UAE Red Meat Market Share(%),
By Storage-2017
UAE Red Meat Market Share (%),
By Distribution Channel-2017
UAE Red Meat Market Size USD (Million).
2017-2025
UAE Red Meat Market Share(%), By Region -2017
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Emirates of Abu Dhabi Emirates of Ajman
Emirates of Dubai Emirates of Fujairah
Emirate of Ras al-Khaimah Emirate of Sharjah
Emirate of Umm al-Quwain
XX%
XX%
XX%
Chilled red meat Frozen red meat
Shelf Stable red meat
XX%
XX%
Men Cosmetic Products
Women Cosmetic Products
UAE Red Meat Market Share (%),
By End User -2017
Source: Goldstein Research
UAE Red Meat Consumption (Million Tons)
2017
2025
Lamb Beef
XX Million
Tons
XX Million
Tons
XX Million
Tons
XX Million
Tons
 The UAE Red Meat market registered an impressive growth of XX% in 2017 with
huge growth prospects all over the region. The total Red Meat market in UAE is
valued at USD XX billion in 2017 and is anticipated to reach a market size of USD XX
billion by 2025.
 UAE economic growth is strongly impacted by external factors, such as oil prices
and conflict, but increasing urbanization, growing disposable incomes,
westernization, a young population and large expatriate population are key growth
drivers for red meat demand.
 In UAE, the supply of red meat is met by the imports, primarily from Australia.
Imported the bulk of Australian product goes into both retail and foodservice
industry, with a smaller proportion going into processing. Across the UAE region,
Australian beef has a high profile in the minds of consumers.
 UAE is becoming more important regional meat processing centers, producing
burger patties, other minced meat products and deli meats. In some markets that
are developing their tourism sectors, such as Dubai, growth in the high-end, casual
dining and QSR foodservice sectors is expected. Moreover, demand for chilled
premium Australian beef products such as branded packaged loin cuts is strong and
growing, particularly in areas with a high concentration of 5-star hotels.
 Consumers in UAE are anticipated to spend as much as USD XX per capita on red
meat in 2017. Red meat command high shares of diet in the Gulf countries, with
XX% alone in UAE. Per capita consumption of meat in the UAE is anticipated to rise
in the coming years, ranking the country among the top 10 nations by 2019
 Increasing urbanization in UAE, hectic lifestyles, growing popularity of large modern
food retail formats and the presence of multinational food companies in the region,
are the main factors in increasing the popularity of convenience foods among
consumers. Moreover, the affluent local population has shifted its consumption
patterns from a carbohydrate-based diet to protein-based diet. This has increased
the demand for meat and meat products.
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UAE Red Meat Market Outlook
Pork
XX Million
Tons
XX Million
Tons
Quality Check &
Certification
Hospitality
Sector
Distribution
Channel
Personal
Disposable
Income
Mutton
XX Million
Tons
XX Million
Tons
Research methodology
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UAE Red Meat Market Outlook
Goldstein Research follows a comprehensive and rigorous research methodology to provide
you accurate estimates and forecast of a particular market. We provide estimates, forecast and
analysis primarily based on secondary research, primary interviews, in-house database and
other free as well paid sources.
Our company follows simultaneous top down and bottom approach in order to provide you
the accurate market sizing. Data triangulation method is strictly followed where we triangulate
the data from all the aspects, be it Function Type, application, industry verticals, material,
product type or geography.
In addition, the research methodology we follow is a systematic approach in order to estimate
and project the market sizing keeping in mind all the on-going and upcoming trends of the
market. We conduct both primary and secondary research in order to estimate a market and
validate our key findings.
We put together our effort and prepare an inclusive questionnaire depending on the title of
the market we are tracking and extract the important information we require to validate our
findings. Our team of Analysts and experts dedicatedly put their effort to provide you the best
possible and accurate data and analysis. Adding to that; technological, economic, cultural and
social aspects along with the regulatory barriers are completely analysed to understand the
comprehensive market scenario across different geographies.
Understanding the market from both buyer and seller point of view is important to track a
market and provide analysis on the same. We not only provide the market data of the four
geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle
East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we
qualitative information on country level bifurcation.
We at Goldstein Research provide you:
• Precise Estimates and Forecast
• Authentic Analysis
• In-depth Data and Analysis
• Authentic Sources
• Reliable Data and Analysis
ResearchMethodology
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Research Methodology
UAERed MeatMarket Analysis, 2017-2025
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UAE Red Meat Market Outlook
Source: Goldstein Research
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UAE Red Meat Market Size (USD Million) &
Growth Analysis
UAE Red Meat Market Size (USD Million)-2017-2025
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f 2025f
UAE Red Meat Market is anticipated to expand at a compound annual growth rate of
XX% during the forecast period i.e. 2017-2025. The market is anticipated to reach USD XX Million by the
end of 2025. Regional growth drivers of imported beef demand are: increasing disposable income,
urbanization, westernization, a young population, large expat professional populations and a developing
tourism sector.
Retail sector growth is usually accompanied by growth in the chilled market for red meat as the market
segments, representing a growing opportunity for Australian premium product. Consumers in UAE both
look for similar on-pack cues that the beef is natural, fresh and from a trusted country of origin.
However, in terms of beef purchase decision making, influencers in the markets plays an important role.
The UAE is amongst the top 10 destinations and the most popular in the Arab World according to the
United Nations World Tourism Organization. During 2015, Dubai alone attracted over 10 million tourists,
according to Dubai Tourism and Commerce Marketing, with a hotel occupancy rate of 85%. These
estimates are anticipated to reach XX million tourists by 2020, with XX% growth in demand for red meat.
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Red Meat Market Outlook-2017
UAE Red Meat Consumption (in Million Tons), By Meat Type, 2017
UAE Red Meat Market, By Retail Sales (in Tons), 2016-2020
Source: Goldstein Research
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2016 2017 2018 2019 2020
XX
XX
XX
XX
XX
XX
XX
XX
Lamb Beef Pork Mutton
Source: Goldstein Research
Product Type/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025
Beef & Veal XX XX XX XX XX XX XX XX XX
Lamb, Mutton and
Goat
XX XX XX XX XX XX XX XX XX
UAE Red Meat Consumption (Million Tons), 2017-2025
Source: Goldstein Research
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UAE Red Meat Market Outlook 2017-2025
Source: Goldstein Research
Source: Goldstein Research
Red Meat Trade/
Year
2017 2018 2019 2020 2021 2022 2023 2024 2025
Beef & Veal XX XX XX XX XX XX XX XX XX
Lamb, Mutton and
Goat
XX XX XX XX XX XX XX XX XX
UAE Red Meat Import (Million Tons), 2017-2025
Product Type/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025
Frozen beef XX XX XX XX XX XX XX XX XX
Frozen/fresh meat
of sheep or goat
XX XX XX XX XX XX XX XX XX
Fresh/chilled beef XX XX XX XX XX XX XX XX XX
UAE Red Meat Import (USD Million), 2017-2025
User Type/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025
Hotels XX XX XX XX XX XX XX XX XX
Restaurants XX XX XX XX XX XX XX XX XX
UAE Red Meat Demand (Million Tons), By Hospitality Sector, 2017-2025
Source: Goldstein Research
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UAE Red Meat Market Outlook, 2017-2025
Source: Goldstein Research
Source: Goldstein Research
Source: Goldstein Research
UAE Population, 2017-2025
Company Size/
Year
2017 2018 2019 2020 2021 2022 2023 2024 2025
Large Companies XX XX XX XX XX XX XX XX XX
Medium
Companies
XX XX XX XX XX XX XX XX XX
Small Companies XX XX XX XX XX XX XX XX XX
UAE Red Meat Demand (Million Tons), By Size of End User, 2017-2025
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2017 2025
Source: Goldstein Research
UAE Per Capita Household Earnings, 2017-2025
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2017 2025
Retail Channel/
Year
2017 2018 2019 2020 2021 2022 2023 2024 2025
Supermarkets XX XX XX XX XX XX XX XX XX
Hypermarkets XX XX XX XX XX XX XX XX XX
Specialty Stores XX XX XX XX XX XX XX XX XX
Other Retail Stores XX XX XX XX XX XX XX XX XX
UAE Red Meat Demand (Million Tons), By Offline Retail Channels, 2017-2025
Market Dynamics
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UAE Red Meat Market Outlook
Strong Economic Growth
 A considerable group of UAE nationals can afford premium brands having a high disposable income, and they also
compare favorably with spending levels in the traditionally high-spending markets of France, UK and the US. One of the
studies found that top XX% consumers in the UAE spend almost USD XX per capita a year on Red Meat.
 Per capita spend on premium Red Meat has been increasing at a remarkable rate. Consumers in UAE are expected to
spend as much as USD XX per capita on premium Red Meat in 2017 as compared to USD XX in 2015. As the young
generation will enter into the job market and dispose freely of their income, market of premium Red Meat will grow as
they will have good awareness of products and their shopping will be value-driven. Experts say that the market is already
witnessing premiumisation, as consumers are increasingly looking for products designed to tackle specific problems or
offer clearly defined benefits. Those products usually feature a higher unit price than standard versions.
 Young consumers tend to experiment with Red Meat, hair color and styling and care a lot about looking attractive. the
young generation craves the best brands. As per the research, local and multinational companies echoed a common
sentiment that youth are much more aware of global trends and styles than their parents are; they enjoy greater and
more affordable access to hip Western; and they are more individualistic when expressing themselves, looking to be more
original in their appearance, attitude and behavior.
High Medium Low
Impact on UAE Red Meat
Market
Impact Analysis:-
 Growth in personal disposable income and
the rise in consumer awareness towards
spending on Red Meat tends to be the
major driving factor of the market.
 Although young generation have limited
purchasing power, but due to the fact that
they are more enlightened towards
fashion & Red Meat, over the forecast
period this population would have high
purchasing power and will be the target
segment of each company.
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Growth Drivers
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX XX XX XX XX XX XX XX XX
2017
2018
2019
2020
2021
2022
2023
2024
2025
UAE Per Capita Expenditure on Red Meat, 2017-2024
Source: Goldstein Research
SAMPLE
Compliance of High Quality & Phytosanitary Norms
 UAE Red Meat manufacturers are facing challenges from the other market players who are manufacturing natural
ingredients based Red Meat, specifically the halal Red Meat. UAE constitutes an enormous group of consumers,
representing various different cultures, which may result in different consumer behaviors, and creates huge challenge for
market players to develop their products accordingly. While there is an abundance of cosmetic brands in UAE, there is still
limited choice for Muslim women who prefer halal Red Meat.
 Arab & Muslim culture influence strongly shopping preferences & behavior of the citizens. Cultural conditioning
differentiates the Middle East region from other main markets of beauty & personal care. Hijjawi attributes rapid
acceleration and development in the global halal Red Meat industry to a rising Muslim population, which in 2017 stands at
USD XX billion, representing XX per cent of total world population. As the Muslim population has been increasing, so too has
demand for halal products in general and this has carried across to the Red Meat industry, where Muslim consumers are
now also ensuring the Red Meat products they use are compliant with their religious beliefs.
 With halal Red Meat more available, the Islamic population in UAE is showing a growing preference for cosmetic products
free from materials prohibited under the Islamic Law. In addition, growing health concerns due to harmful effects of
ingredients used in manufacturing Red Meat is increasing demand for halal Red Meat, not only among Muslims but also non-
Muslim population in the country.
High Medium Low
Impact on UAE Red Meat Market
Impact Analysis:-
 Red Meat life cycle assessment is necessary in order to
comply with the norms and regulations. Thus, the
assessment involves use of time and money and
disrupting the manufacturing processes and eventually
the supply of materials.
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Market Restraints
Raw Materials and
Energy
Emissions in Air
Effluents and Wastes
Nuisances and
Quality of life
Transport and
Distribution Use and
Maintenance
Manufacturing
Conception &
Design
SAMPLE
Impact of Latest Trends on Red Meat Market
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UAE Red Meat Market Opportunity, 2017-2025
Consumption Trends
Red Meat demand has been keeping
Red Meat companies on their toes for a
few years now. At the same time, it
pushed them to expand and find
opportunities in this shift in customer
trends. Offering Red Meat by the hour
was one of the first resolutions that the
leading Red Meat companies
implemented. which resulted in taking a
share of the new demand.
Car-sharing is a recent phenomenon in
developing countries, only taking root
within the last three years. Although
there are few car-sharing operators in
developing countries, the number of
systems is growing. Car-sharing is most
active in Central and South America,
which has five systems in operation,
and in Turkey, with three small systems.
Following those two areas, China
currently has two car-sharing operators,
while Zoom will mark the first car-
sharing operation in UAE
The green vehicle
Shifting the focus to green vehicles will
not only give a more economical
alternative to customers, but will
contribute to a bigger cause –
increasing awareness about pollution
and the negative effects it has on the
environment.
For some Red Meat companies, this
step might be as an alternative to
higher oil prices, and for others/
Trends And Opportunities
The UAE economic recovery played a significant role in
the performance of the travel industry. The UAE GDP
growth went from XX per cent in 2017 to XX per cent in
2017. Consequently that lead to an increase in the
disposable income for travellers, especially in developing
countries.
We can certainly argue that the increase in the buying
power of consumers, combined with low-cost airfares in
the airline industry, directly influenced the growth in the
Red Meat market. Still Red Meat companies cannot rely
only on UAE economic growth for future success.
There are few more aspects that will have a disruptive
effect on the Red Meat industry. Some of them
bringing opportunities and some of them representing
challenges.
Impact
Analysis (on
the basis of
Latest Trends
Fleet
Management
XX%
Government
Initiative
XX%
Usage-Based
Insurance
XX%
Real-time
information
XX%
Data-
enabled Car
management
XX%
Company Profiling
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UAE Red Meat Market Outlook
Outlook : 2017-2025
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7 Eleven
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UAE Red Meat Market Outlook
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UAE Red Meat Market Outlook
7 Eleven (Company Overview & Business Strategy)
Founded
1909
Employees
89,300
Headquarters
France
Website
www.loreal.com
Business Strategy
 Mission and Strategy: 7 Eleven believes in a unique strategy: Universalization. 7 Eleven always focus to
understand different need and traditions to provide tailor-made beauty products and meet the
aspiration of consumers across the globe. 7 Eleven highly invest in innovations to provide best cosmetic
products in terms of quality, efficacy, safety and satisfy consumer all desires in their infinite diversity. In
2016, 7 Eleven completed the acquisitions with IT Red Meat, Atelier Cologne, Saint-Gervais Mont Blanc
and CeraVe. In 2016, 7 Eleven invested more than XX% of its sales value on research and development
activities which is accounted more than USD XX billion.
 Upcoming Acquisitions 2017: In 2017, 7 Eleven is all prepared to buy Dendron cancer Business of
Valeant Pharmaceuticals International and three other skincare brands for about USD XX billion.
Company Overview
 7 Eleven S.A is a world leader in beauty products
headquartered in, France
 The Company operates through 140 countries across
the globe. Americas; Europe, the Middle East and Africa
(EMEA), and Asia Pacific (APAC) are major geographical
segments in which company is operating.
 7 Eleven S.A, is traded on EPA stock exchange, Europe
 The company also provides innovative beauty solutions
and it is one of the leading beauty Red Meat company
across the globe
 7 Eleven owns popular salon professional product
makers Matrix and Kérastase. Additions to its wide
portfolio include Clarisonic facial cleansing
device (Pacific Bioscience Labs), SkinCeuticals skincare,
and nail polish maker Essie Red Meat.
Consumer Brands
7 Eleven Paris
Garnier
Maybelline New
York
African Beauty
Brands
7 Eleven Luxe
Essie
Professional Brands
7 Eleven
Professional
Kerastase
Carita
Pureology
Redken
Matrix
Major Brands
XX
XX
XX
2014 2015 2016
Revenue(USDMillion)
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UAE Red Meat Market Outlook
7 Eleven Corporation(Revenue & Financial Analysis)
Business Strategy
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2014 2015 2016
Fig: 9-2 Material Handling Equipment Sales (Thousand Units),
2014-2017
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2014 2015 2016
Fig: 9-3 Hertz Corporation Corporation
Revenue (USD Million), 2014-2017
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UAE Red Meat Market Outlook
7 Eleven (Business Segments & Recent News)
Business Strategy
Improves quality control structure and UAEization: The company has adopted various methods to enhance
their manufacturing structure which helps the company to improve the quality of their automobile
products. Moreover, the company is looking forward towards expansion of UAEization. 7 Eleven Motors
adopted Hertz Corporation UAE Vision in 2011 to improve the quantitative expansion across the globe. The
company is investing a huge amount for research and development activities to introduce the future of
material handling equipment such as hydrogen powered forklifts and automated guided vehicles. The
company spend USD 588.11 Million in 2017 for research and development of their products and services.
Hertz Corporation motors is one of the largest automobile and mental health software across the globe
and expected to lead other UAE companies in near future.
Fig :- 9-4 7 Eleven Revenue (%)-By Business
Segments, 2017
XX%
XX%
XX%
Automo
tive
Materia
l
Handlin
g
Other
Fig :- 9-5 7 Eleven Revenue (%), By
Region, 2017
XX%
XX%
XX%
XX%
XX%
Japan
North-
America
Europe
Asia
Other
Key Findings
 Hertz Corporation Corporation (TICO) has signed an agreement to acquire Vanderlande – the UAE market
leader for value-added logistic process automation at airports and in the parcel market, as well as being a
leading supplier for warehouses – from the company’s current owner NPM Capital
 Hertz Corporation Corporation announces that it has concluded an agreement with major North American
materials handling systems integrator Bastian Solutions LLC (“Bastian”) to acquire the company. The
acquisition of Bastian signify Hertz Corporation' full-scale entry into the North American materials handling
solutions industry amid the e-commerce boom.
 To expand company’s presence in emerging countries, Hertz Corporation acquired the lift truck business of
Taiwan-based Tailift Co., Ltd. In August 2015. By capitalizing on Tailift’s strength, company aimed to increase
its sales in emerging c9oountries where market expansion is expected over the medium to long term.
ExpertAnalysis
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UAE Red Meat Industry Outlook
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 In 2017, UAE Red Meat market is witnessed to be growing at a CAGR of XX% over the
foprecast period segment accounted for nearly XX% of the total remaining XX% went
for different end-use segments such as homecare settings. The main reason for this
despaired share is due to the rising demand for point of care testing devices in Red
Meat on the back of their advantages such as faster and precise results
 However, as the medical device technology is on rise (especially in developing
countries), the Africa therapeutic market is projected to reach USD XXXX million in 2023
from USD XXXX million in 2017, registering a growth rate of XX%. In addition to that,
Africa pharmaceutical market touched USD XXXX million in 2017 and rising demand for
prescription medicines in the region is expected to accelerate the market to USD XXXX
million by the end of 2023
 As a result, if seen from the big market point of view, blood glucose monitoring devices
demand is higher in homecare settings followed by Red Meat . Moreover, the rising
wearables expenditure in Africa on the back of new wearables reforms and rising
investment in wearables sector is expected to bolster the growth of point of care
testing devices in Africa & Asia-Pacific region
 With USD XXXX million in 2017, blood glucose monitoring devices has the highest
demand followed by located hemoglobin (HbA1c) testing devices and blood collection
devices. The advancement in diagnostic devices are encouraging the hospitals and Red
Meat to adopt the advanced devices to obtain accurate diagnosis data. The precise
data would further help the physicians to provide better treatment to the patients
 Further, increasing spending by government authorities on research and development
of innovative and advanced medical devices along with rising disease burden are some
of the major reasons behind the spiked growth of Asia-Pacific & Africa point of care
testing (POCT) devices market
 Further, increasing spending by government authorities on research and development
of innovative and advance connected devices along with rising disease burden are
some of the major reasons behind the spiked growth of Middle East & Africa Red Meat
market.
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Expert Analysis
Business Strategy
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UAE Red Meat Market Outlook
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Based in U.S., Goldstein Research is a young business consulting and
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and the Middle East. In the next five years, we strive to expand our reach to
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UAE Red Meat Market Outlook 2025 Sample – by Goldstein Research

  • 1. Report Code :CM 1335 UAE Red Meat Market Outlook 2025: Opportunity & Growth Analysis, 2017-2025 +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 sales@goldsteinresearch.com www.goldsteinresearch.com 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 UAE Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.comCopyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook
  • 2. Table OF Contents Published By: Goldstein Research Connect With Us: Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.comCopyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook
  • 3. Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Vision Value Visibility UAE Red Meat Market UAERedMeatMarket Outlook  UAE Red Meat Market  Demographic Trends  Consumer Spending Rate ($)  Demand & Supply Analysis ($)  Marketing & Distribution Analysis  Retail Sales Analysis ($), By End User  Red Meat Imports & Exports Analysis ($)  Competition Analysis  Executive Summary  Research Methodology  Regional Opportunity Analysis on the basis of Competitors  UAE Red Meat Market, 2017-2025  Market Size (USD Million)  Forecast Analysis (2017-2025)  Market Share & CAGR (%)  Regional Share Distribution (%)  Market Dynamics  GrowthDrivers  Market Restraints  RiskAnalysis(DemandRisk& SupplyRiskAnalysis)  EconomicVariations  RecentTrends& Developments  Opportunities for MarketPlayers  RedMeat Market Segmentation By Red Meat Storage Analysis, 2017-2025  Chilled red meat (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)  Frozen red meat (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)  Shelf Stable red meat (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)  BPS Analysis & Market Attractiveness of Red Meat Market By Red Meat Storage
  • 4. Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Vision Value Visibility UAE Red Meat Market By End User Analysis, 2017-2025  Commercial User (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)  Hotels Analysis  Restaurants Analysis  Others  Mass Consumer (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)  BPS Analysis & Attractiveness of Red Meat Market By End User By Distribution Channel Analysis, 2017-2025  Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)  Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2017-2025)  Supermarkets Analysis  Hypermarkets Analysis  Specialty Stores Analysis  Other Distribution Channels  BPS Analysis & Attractiveness of Red Meat Market By Distribution Channel CompetitiveOutlook  Market Shareof Major Players(2017)  CompanyProfiles  7 Eleven Company Synopsis Business Strategy Product Portfolio  SunImpex  Elfab Co LLC  Siam Trading Company LLC  Kibsons International LLC  Carrefour  Spinneys  Union Coop  Emirates Meat (Galadari-EDAM) LLC  Sidco Foods Trading LLC  Al Rawdah (Emirates Modern Poultry Co.)
  • 5. Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Vision Value Visibility UAE Red Meat Market  PESTLEAnalysis andValueChainAnalysisofRedMeatMarket  Porter’sFiveForceModel  MarketLandscape:CompetitionandBeyond Marketoutlookforbusinessplayersandentrylevelplayersto ascertaintheir businessindynamic ecosystem  ExpertAnalysis  ConcludingRemarks
  • 6. Executive Summary Published By: Goldstein Research Connect With Us: Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.comCopyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook
  • 7. Source: Goldstein Research In 2017, Emirates of Dubai region accounted for the highest market share XX%in UAE Red Meat Market XX% CAGR: (2017-2025) With XX% share in 2017, Shelf Stable Meat segment sales to grow at highest CAGR in UAE Red Meat Market Source: Goldstein Research XX% XX% Online Offline Source: Goldstein Research Source: Goldstein Research XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f 2025f Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook UAE Red Meat Market Share(%), By Storage-2017 UAE Red Meat Market Share (%), By Distribution Channel-2017 UAE Red Meat Market Size USD (Million). 2017-2025 UAE Red Meat Market Share(%), By Region -2017 XX% XX% XX% XX% XX% XX% XX% Emirates of Abu Dhabi Emirates of Ajman Emirates of Dubai Emirates of Fujairah Emirate of Ras al-Khaimah Emirate of Sharjah Emirate of Umm al-Quwain XX% XX% XX% Chilled red meat Frozen red meat Shelf Stable red meat XX% XX% Men Cosmetic Products Women Cosmetic Products UAE Red Meat Market Share (%), By End User -2017 Source: Goldstein Research
  • 8. UAE Red Meat Consumption (Million Tons) 2017 2025 Lamb Beef XX Million Tons XX Million Tons XX Million Tons XX Million Tons  The UAE Red Meat market registered an impressive growth of XX% in 2017 with huge growth prospects all over the region. The total Red Meat market in UAE is valued at USD XX billion in 2017 and is anticipated to reach a market size of USD XX billion by 2025.  UAE economic growth is strongly impacted by external factors, such as oil prices and conflict, but increasing urbanization, growing disposable incomes, westernization, a young population and large expatriate population are key growth drivers for red meat demand.  In UAE, the supply of red meat is met by the imports, primarily from Australia. Imported the bulk of Australian product goes into both retail and foodservice industry, with a smaller proportion going into processing. Across the UAE region, Australian beef has a high profile in the minds of consumers.  UAE is becoming more important regional meat processing centers, producing burger patties, other minced meat products and deli meats. In some markets that are developing their tourism sectors, such as Dubai, growth in the high-end, casual dining and QSR foodservice sectors is expected. Moreover, demand for chilled premium Australian beef products such as branded packaged loin cuts is strong and growing, particularly in areas with a high concentration of 5-star hotels.  Consumers in UAE are anticipated to spend as much as USD XX per capita on red meat in 2017. Red meat command high shares of diet in the Gulf countries, with XX% alone in UAE. Per capita consumption of meat in the UAE is anticipated to rise in the coming years, ranking the country among the top 10 nations by 2019  Increasing urbanization in UAE, hectic lifestyles, growing popularity of large modern food retail formats and the presence of multinational food companies in the region, are the main factors in increasing the popularity of convenience foods among consumers. Moreover, the affluent local population has shifted its consumption patterns from a carbohydrate-based diet to protein-based diet. This has increased the demand for meat and meat products. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.comCopyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook Pork XX Million Tons XX Million Tons Quality Check & Certification Hospitality Sector Distribution Channel Personal Disposable Income Mutton XX Million Tons XX Million Tons
  • 9. Research methodology Published By: Goldstein Research Connect With Us: Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.comCopyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook
  • 10. Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecast of a particular market. We provide estimates, forecast and analysis primarily based on secondary research, primary interviews, in-house database and other free as well paid sources. Our company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application, industry verticals, material, product type or geography. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the on-going and upcoming trends of the market. We conduct both primary and secondary research in order to estimate a market and validate our key findings. We put together our effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate our findings. Our team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and social aspects along with the regulatory barriers are completely analysed to understand the comprehensive market scenario across different geographies. Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on the same. We not only provide the market data of the four geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we qualitative information on country level bifurcation. We at Goldstein Research provide you: • Precise Estimates and Forecast • Authentic Analysis • In-depth Data and Analysis • Authentic Sources • Reliable Data and Analysis ResearchMethodology Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Research Methodology
  • 11. UAERed MeatMarket Analysis, 2017-2025 Published By: Goldstein Research Connect With Us: Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.comCopyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook
  • 12. Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Size (USD Million) & Growth Analysis UAE Red Meat Market Size (USD Million)-2017-2025 XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f 2025f UAE Red Meat Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2017-2025. The market is anticipated to reach USD XX Million by the end of 2025. Regional growth drivers of imported beef demand are: increasing disposable income, urbanization, westernization, a young population, large expat professional populations and a developing tourism sector. Retail sector growth is usually accompanied by growth in the chilled market for red meat as the market segments, representing a growing opportunity for Australian premium product. Consumers in UAE both look for similar on-pack cues that the beef is natural, fresh and from a trusted country of origin. However, in terms of beef purchase decision making, influencers in the markets plays an important role. The UAE is amongst the top 10 destinations and the most popular in the Arab World according to the United Nations World Tourism Organization. During 2015, Dubai alone attracted over 10 million tourists, according to Dubai Tourism and Commerce Marketing, with a hotel occupancy rate of 85%. These estimates are anticipated to reach XX million tourists by 2020, with XX% growth in demand for red meat.
  • 13. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Red Meat Market Outlook-2017 UAE Red Meat Consumption (in Million Tons), By Meat Type, 2017 UAE Red Meat Market, By Retail Sales (in Tons), 2016-2020 Source: Goldstein Research XX XX XX XX XX XX XX XX XX XX XX XX XX 2016 2017 2018 2019 2020 XX XX XX XX XX XX XX XX Lamb Beef Pork Mutton Source: Goldstein Research Product Type/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 Beef & Veal XX XX XX XX XX XX XX XX XX Lamb, Mutton and Goat XX XX XX XX XX XX XX XX XX UAE Red Meat Consumption (Million Tons), 2017-2025 Source: Goldstein Research
  • 14. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook 2017-2025 Source: Goldstein Research Source: Goldstein Research Red Meat Trade/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 Beef & Veal XX XX XX XX XX XX XX XX XX Lamb, Mutton and Goat XX XX XX XX XX XX XX XX XX UAE Red Meat Import (Million Tons), 2017-2025 Product Type/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 Frozen beef XX XX XX XX XX XX XX XX XX Frozen/fresh meat of sheep or goat XX XX XX XX XX XX XX XX XX Fresh/chilled beef XX XX XX XX XX XX XX XX XX UAE Red Meat Import (USD Million), 2017-2025 User Type/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 Hotels XX XX XX XX XX XX XX XX XX Restaurants XX XX XX XX XX XX XX XX XX UAE Red Meat Demand (Million Tons), By Hospitality Sector, 2017-2025 Source: Goldstein Research
  • 15. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook, 2017-2025 Source: Goldstein Research Source: Goldstein Research Source: Goldstein Research UAE Population, 2017-2025 Company Size/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 Large Companies XX XX XX XX XX XX XX XX XX Medium Companies XX XX XX XX XX XX XX XX XX Small Companies XX XX XX XX XX XX XX XX XX UAE Red Meat Demand (Million Tons), By Size of End User, 2017-2025 XX XX XX XX XX XX XX XX XX XX 2017 2025 Source: Goldstein Research UAE Per Capita Household Earnings, 2017-2025 XX XX XX XX XX XX XX XX XX XX 2017 2025 Retail Channel/ Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 Supermarkets XX XX XX XX XX XX XX XX XX Hypermarkets XX XX XX XX XX XX XX XX XX Specialty Stores XX XX XX XX XX XX XX XX XX Other Retail Stores XX XX XX XX XX XX XX XX XX UAE Red Meat Demand (Million Tons), By Offline Retail Channels, 2017-2025
  • 16. Market Dynamics Published By: Goldstein Research Connect With Us: Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.comCopyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook
  • 17. Strong Economic Growth  A considerable group of UAE nationals can afford premium brands having a high disposable income, and they also compare favorably with spending levels in the traditionally high-spending markets of France, UK and the US. One of the studies found that top XX% consumers in the UAE spend almost USD XX per capita a year on Red Meat.  Per capita spend on premium Red Meat has been increasing at a remarkable rate. Consumers in UAE are expected to spend as much as USD XX per capita on premium Red Meat in 2017 as compared to USD XX in 2015. As the young generation will enter into the job market and dispose freely of their income, market of premium Red Meat will grow as they will have good awareness of products and their shopping will be value-driven. Experts say that the market is already witnessing premiumisation, as consumers are increasingly looking for products designed to tackle specific problems or offer clearly defined benefits. Those products usually feature a higher unit price than standard versions.  Young consumers tend to experiment with Red Meat, hair color and styling and care a lot about looking attractive. the young generation craves the best brands. As per the research, local and multinational companies echoed a common sentiment that youth are much more aware of global trends and styles than their parents are; they enjoy greater and more affordable access to hip Western; and they are more individualistic when expressing themselves, looking to be more original in their appearance, attitude and behavior. High Medium Low Impact on UAE Red Meat Market Impact Analysis:-  Growth in personal disposable income and the rise in consumer awareness towards spending on Red Meat tends to be the major driving factor of the market.  Although young generation have limited purchasing power, but due to the fact that they are more enlightened towards fashion & Red Meat, over the forecast period this population would have high purchasing power and will be the target segment of each company. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Growth Drivers XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX 2017 2018 2019 2020 2021 2022 2023 2024 2025 UAE Per Capita Expenditure on Red Meat, 2017-2024 Source: Goldstein Research SAMPLE
  • 18. Compliance of High Quality & Phytosanitary Norms  UAE Red Meat manufacturers are facing challenges from the other market players who are manufacturing natural ingredients based Red Meat, specifically the halal Red Meat. UAE constitutes an enormous group of consumers, representing various different cultures, which may result in different consumer behaviors, and creates huge challenge for market players to develop their products accordingly. While there is an abundance of cosmetic brands in UAE, there is still limited choice for Muslim women who prefer halal Red Meat.  Arab & Muslim culture influence strongly shopping preferences & behavior of the citizens. Cultural conditioning differentiates the Middle East region from other main markets of beauty & personal care. Hijjawi attributes rapid acceleration and development in the global halal Red Meat industry to a rising Muslim population, which in 2017 stands at USD XX billion, representing XX per cent of total world population. As the Muslim population has been increasing, so too has demand for halal products in general and this has carried across to the Red Meat industry, where Muslim consumers are now also ensuring the Red Meat products they use are compliant with their religious beliefs.  With halal Red Meat more available, the Islamic population in UAE is showing a growing preference for cosmetic products free from materials prohibited under the Islamic Law. In addition, growing health concerns due to harmful effects of ingredients used in manufacturing Red Meat is increasing demand for halal Red Meat, not only among Muslims but also non- Muslim population in the country. High Medium Low Impact on UAE Red Meat Market Impact Analysis:-  Red Meat life cycle assessment is necessary in order to comply with the norms and regulations. Thus, the assessment involves use of time and money and disrupting the manufacturing processes and eventually the supply of materials. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Market Restraints Raw Materials and Energy Emissions in Air Effluents and Wastes Nuisances and Quality of life Transport and Distribution Use and Maintenance Manufacturing Conception & Design SAMPLE
  • 19. Impact of Latest Trends on Red Meat Market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Opportunity, 2017-2025 Consumption Trends Red Meat demand has been keeping Red Meat companies on their toes for a few years now. At the same time, it pushed them to expand and find opportunities in this shift in customer trends. Offering Red Meat by the hour was one of the first resolutions that the leading Red Meat companies implemented. which resulted in taking a share of the new demand. Car-sharing is a recent phenomenon in developing countries, only taking root within the last three years. Although there are few car-sharing operators in developing countries, the number of systems is growing. Car-sharing is most active in Central and South America, which has five systems in operation, and in Turkey, with three small systems. Following those two areas, China currently has two car-sharing operators, while Zoom will mark the first car- sharing operation in UAE The green vehicle Shifting the focus to green vehicles will not only give a more economical alternative to customers, but will contribute to a bigger cause – increasing awareness about pollution and the negative effects it has on the environment. For some Red Meat companies, this step might be as an alternative to higher oil prices, and for others/ Trends And Opportunities The UAE economic recovery played a significant role in the performance of the travel industry. The UAE GDP growth went from XX per cent in 2017 to XX per cent in 2017. Consequently that lead to an increase in the disposable income for travellers, especially in developing countries. We can certainly argue that the increase in the buying power of consumers, combined with low-cost airfares in the airline industry, directly influenced the growth in the Red Meat market. Still Red Meat companies cannot rely only on UAE economic growth for future success. There are few more aspects that will have a disruptive effect on the Red Meat industry. Some of them bringing opportunities and some of them representing challenges. Impact Analysis (on the basis of Latest Trends Fleet Management XX% Government Initiative XX% Usage-Based Insurance XX% Real-time information XX% Data- enabled Car management XX%
  • 20. Company Profiling Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook Outlook : 2017-2025 Published By: Goldstein Research Connect With Us:
  • 21. 7 Eleven Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook Published By: Goldstein Research Connect With Us:
  • 22. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook 7 Eleven (Company Overview & Business Strategy) Founded 1909 Employees 89,300 Headquarters France Website www.loreal.com Business Strategy  Mission and Strategy: 7 Eleven believes in a unique strategy: Universalization. 7 Eleven always focus to understand different need and traditions to provide tailor-made beauty products and meet the aspiration of consumers across the globe. 7 Eleven highly invest in innovations to provide best cosmetic products in terms of quality, efficacy, safety and satisfy consumer all desires in their infinite diversity. In 2016, 7 Eleven completed the acquisitions with IT Red Meat, Atelier Cologne, Saint-Gervais Mont Blanc and CeraVe. In 2016, 7 Eleven invested more than XX% of its sales value on research and development activities which is accounted more than USD XX billion.  Upcoming Acquisitions 2017: In 2017, 7 Eleven is all prepared to buy Dendron cancer Business of Valeant Pharmaceuticals International and three other skincare brands for about USD XX billion. Company Overview  7 Eleven S.A is a world leader in beauty products headquartered in, France  The Company operates through 140 countries across the globe. Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC) are major geographical segments in which company is operating.  7 Eleven S.A, is traded on EPA stock exchange, Europe  The company also provides innovative beauty solutions and it is one of the leading beauty Red Meat company across the globe  7 Eleven owns popular salon professional product makers Matrix and Kérastase. Additions to its wide portfolio include Clarisonic facial cleansing device (Pacific Bioscience Labs), SkinCeuticals skincare, and nail polish maker Essie Red Meat. Consumer Brands 7 Eleven Paris Garnier Maybelline New York African Beauty Brands 7 Eleven Luxe Essie Professional Brands 7 Eleven Professional Kerastase Carita Pureology Redken Matrix Major Brands
  • 23. XX XX XX 2014 2015 2016 Revenue(USDMillion) Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook 7 Eleven Corporation(Revenue & Financial Analysis) Business Strategy XX XX XX XX XX XX XX XX XX XX XX 2014 2015 2016 Fig: 9-2 Material Handling Equipment Sales (Thousand Units), 2014-2017 XX XX XX XX XX XX XX XX XX XX XX XX XX 2014 2015 2016 Fig: 9-3 Hertz Corporation Corporation Revenue (USD Million), 2014-2017
  • 24. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook 7 Eleven (Business Segments & Recent News) Business Strategy Improves quality control structure and UAEization: The company has adopted various methods to enhance their manufacturing structure which helps the company to improve the quality of their automobile products. Moreover, the company is looking forward towards expansion of UAEization. 7 Eleven Motors adopted Hertz Corporation UAE Vision in 2011 to improve the quantitative expansion across the globe. The company is investing a huge amount for research and development activities to introduce the future of material handling equipment such as hydrogen powered forklifts and automated guided vehicles. The company spend USD 588.11 Million in 2017 for research and development of their products and services. Hertz Corporation motors is one of the largest automobile and mental health software across the globe and expected to lead other UAE companies in near future. Fig :- 9-4 7 Eleven Revenue (%)-By Business Segments, 2017 XX% XX% XX% Automo tive Materia l Handlin g Other Fig :- 9-5 7 Eleven Revenue (%), By Region, 2017 XX% XX% XX% XX% XX% Japan North- America Europe Asia Other Key Findings  Hertz Corporation Corporation (TICO) has signed an agreement to acquire Vanderlande – the UAE market leader for value-added logistic process automation at airports and in the parcel market, as well as being a leading supplier for warehouses – from the company’s current owner NPM Capital  Hertz Corporation Corporation announces that it has concluded an agreement with major North American materials handling systems integrator Bastian Solutions LLC (“Bastian”) to acquire the company. The acquisition of Bastian signify Hertz Corporation' full-scale entry into the North American materials handling solutions industry amid the e-commerce boom.  To expand company’s presence in emerging countries, Hertz Corporation acquired the lift truck business of Taiwan-based Tailift Co., Ltd. In August 2015. By capitalizing on Tailift’s strength, company aimed to increase its sales in emerging c9oountries where market expansion is expected over the medium to long term.
  • 25. ExpertAnalysis Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Industry Outlook Published By: Goldstein Research Connect With Us:
  • 26.  In 2017, UAE Red Meat market is witnessed to be growing at a CAGR of XX% over the foprecast period segment accounted for nearly XX% of the total remaining XX% went for different end-use segments such as homecare settings. The main reason for this despaired share is due to the rising demand for point of care testing devices in Red Meat on the back of their advantages such as faster and precise results  However, as the medical device technology is on rise (especially in developing countries), the Africa therapeutic market is projected to reach USD XXXX million in 2023 from USD XXXX million in 2017, registering a growth rate of XX%. In addition to that, Africa pharmaceutical market touched USD XXXX million in 2017 and rising demand for prescription medicines in the region is expected to accelerate the market to USD XXXX million by the end of 2023  As a result, if seen from the big market point of view, blood glucose monitoring devices demand is higher in homecare settings followed by Red Meat . Moreover, the rising wearables expenditure in Africa on the back of new wearables reforms and rising investment in wearables sector is expected to bolster the growth of point of care testing devices in Africa & Asia-Pacific region  With USD XXXX million in 2017, blood glucose monitoring devices has the highest demand followed by located hemoglobin (HbA1c) testing devices and blood collection devices. The advancement in diagnostic devices are encouraging the hospitals and Red Meat to adopt the advanced devices to obtain accurate diagnosis data. The precise data would further help the physicians to provide better treatment to the patients  Further, increasing spending by government authorities on research and development of innovative and advanced medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific & Africa point of care testing (POCT) devices market  Further, increasing spending by government authorities on research and development of innovative and advance connected devices along with rising disease burden are some of the major reasons behind the spiked growth of Middle East & Africa Red Meat market. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Expert Analysis Business Strategy
  • 27. About Us Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com UAE Red Meat Market Outlook Published By: Goldstein Research Connect With Us:
  • 28. About Us Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence UAEly through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Vision Value Visibility Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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