In line with the UAE Vision 2030’s emphasis on diversifying the economy beyond oil, Mashroo3k for Economic Consulting strongly recommends investing in a sheep slaughterhouse project in Abu Dhabi as it represents a promising investment opportunity, considering that sheep and goats account for approximately 85% of Abu Dhabi’s total livestock.
What is a sheep slaughterhouse project?
The slaughterhouse serves as a facility where animals are slaughtered and processed into meat ready for cooking. The project revolves around establishing a sheep slaughterhouse in Abu Dhabi, providing slaughtering and cleaning services for sheep and goats using the latest equipment and meat processing and cleaning technology.
The global market value of livestock slaughter reached USD 7.391 billion in 2020, with a CAGR of 4.1%, as it is expected to increase up to USD 10.20 billion by 2028.
Why does a sheep slaughterhouse in Abu Dhabi represent a promising investment opportunity?
According to a recent statistic released by Mashroo3k for Economic Consulting, the total livestock production in Abu Dhabi reaches approximately 3,472,021. The number of sheep and goats in Abu Dhabi is estimated at 2,979,568.
Statistics shows that the annual livestock slaughter rate in Abu Dhabi exceeds 920,350, with producing approximately 28,677 tons of red meat, with AED 1 billion annually, which indicates that such a project is becoming increasingly necessary in Abu Dhabi.
Don’t hesitate to contact the Mashroo3k Investor Services team for obtaining further details on the latest economic sector indicators and investment opportunities in the UAE, as well as prominent financing entities supporting prosperous investment projects in the UAE.
