Saudi Arabia Pet Food Market Size, Share, Growth | 2023-2028 | Industry Segmentation and Forecast
According to the latest report by IMARC Group, titled "Saudi Arabia Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," the Saudi Arabia pet food market size reached US$ 71.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 106.4 Million by 2028, exhibiting a growth rate (CAGR) of 6.91% during 2023-2028.
Year considered to estimate the market size:
- Base year of the analysis: 2022
- Historical period: 2017-2022
- Forecast period: 2023-2028
Pet foods are processed specialty foods for domesticated animals that are formulated as per their nutritional needs. They consist of cereals, grains, vitamins, meat and meat by-products, fish derivatives, fats, oils, and fruit and vegetable. The meat derivatives used in pet foods are a by-product of the human food industry. Currently, the product is commercially available in several variants, including fresh, canned, dry, and semi-moist pet foods, along with kibbles, biscuits, and treats. In Saudi Arabia, quality pet food is witnessing a significant demand due to a flourishing trend of pet adoption in the country.
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Saudi Arabia Pet Food Market Trends:
In Saudi Arabia, the inflating consumer per capita income, increasing adoption of companion animals, especially cats and dogs, and rising pet humanization are some of the key factors primarily accelerating the market growth. This is further supported by the surging consumer awareness regarding pet health. In line with this, key market players are heavily investing in advanced technology to introduce innovative and nutritious pet food products using organic raw materials and natural flavorings, which is creating a positive outlook for the market. Other factors, such as the easy product availability in hypermarkets, supermarkets, pet stores, and online retail stores and the introduction of premium packaged and branded pet food, are positively supporting the market growth.
Saudi Arabia Pet Food Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the Saudi Arabia pet food market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these Key Players Include:
- Mars Petcare
- Nestlé
- Hill's Pet Nutrition
- Del Monte
Key Market Segmentation:
The report has segmented the Saudi Arabia pet food market on the basis of pet type, product type, ingredient and distribution channel.
Breakup by Pet Type:
- Dog Food
- Cat Food
- Others
Breakup by Product Type:
- Dry Food
- Wet and Canned Pet Food
- Snacks and Treats
Breakup by Ingredient:
- Animal Derivates
- Plant Derivates
- Cereals Derivative
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
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Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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