Cat food is made of plant or animal materials which are intended for the consumption of domesticated cats. It is a good source of proteins, carbohydrates, fats and several other nutrients, such as vitamins, minerals and amino acids. Cats are one of the most preferred pets in Saudi Arabia since they are considered sacred, cleaner, cheaper to buy and maintain and are well suited to the regional climate. As a result, Saudi Arabia cat food market has experienced a sustained growth over the years. According to the latest report by IMARC Group, titled “Saudi Arabia Cat Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 18.4 Million in 2018.
Due to the rising awareness among the pet owners regarding the benefits offered by cat food, such as combating skin allergies and infections and providing essential proteins and nutrients to maintain the weight and energy level of the cats, the demand for cat food has witnessed a positive thrust. Further, the shift towards premium cat food products with enhanced nutritional value is boosting the market growth. Moreover, the expansion of the organised retail sector in the region is fostering the growth of the Saudi Arabia cat food market as these channels enable the consumers to choose between different cat food brands and products at one place. Looking forward, the market value is projected to reach US$ 25.7 Million by 2024, expanding at a CAGR of 5.6% during 2019-2024.
This report provides a deep insight into the Saudi Arabia cat food industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers & challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Saudi Arabia cat food industry in any manner.
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