Saudi Arabia Pet Food Market Size, Share, and Growth | 2023-2028
Posted February 2, 2023
According to the latest IMARC report titled “Saudi Arabia Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028“Saudi Arabia’s pet food market size reached USD 71.0 million in 2022. Looking ahead, IMARC Group expects the market to reach USD 106.4 million by 2028, showing a growth rate (CAGR) of 6.91% during The period 2023-2028.
Considered year to estimate market size:
- Base year for analysis: 2022
- Historical era: 2017-2022
- Forecast period: 2023-2028
Pet foods are special formulated foods for pets that are formulated according to their nutritional needs. It consists of cereals, cereals, vitamins, meat and its derivatives, fish derivatives, fats and oils, fruits and vegetables. 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 food, along with kibbles, crackers, and treats. In Saudi Arabia, high-quality pet food is in great demand due to the booming trend of pet adoption in the country.
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Saudi Arabia pet food market trends:
In Saudi Arabia, inflation of per capita consumer income, increased adoption of companion animals, especially cats and dogs, and increased humanization of pets are key factors that are fundamentally accelerating market growth. This also supports increased consumer awareness regarding pet health. In line with this, major market players are investing heavily in advanced technology to deliver innovative and nutritious pet food products using organic raw materials and natural flavourings, creating a positive outlook for the market. Other factors, such as the easy availability of products in supermarkets, hypermarkets, pet stores, online retail stores and the introduction of premium branded and packaged pet foods, are positively supporting the growth of the market.
Saudi Arabia Pet Food Market 2023-2028 Competitive Analysis and Segmentation:
Competitive landscape with major players:
The competitive landscape of the pet food market in Saudi Arabia has been studied in the report with detailed profiles of the key players operating in the market.
Some of these major players include:
- March Pitcare
- Pet Feed Hill
- from the mountain
Main market segmentation:
The report has segmented the pet food market in Saudi Arabia into segments on the basis of pet type, product type, ingredients, and distribution channel.
Classification by type of pet:
Segmentation by product type:
- dry food
- Wet and canned pet food
- Snacks and dessert
Breakdown by ingredient:
- animal derivatives
- plant derivatives
- grain derivatives
Differentiation by distribution channel:
- Supermarket and hypermarket
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Key highlights of the report:
Market Performance (2017-2022)
Market prospects (2023-2028)
Market drivers and success factors
The impact of COVID-19
Value chain analysis
Comprehensive mapping of the competitive landscape
If you require specific information that is not currently within the scope of the report, we will provide it to you as part of the personalization.
IMARC Group is a leading market research firm providing management strategy and market research worldwide. We partner with clients across all sectors and regions to identify the most value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products cover key markets, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech enterprises. Market forecasts and industry analysis of biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are at the forefront of the company’s expertise.
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