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The GCC pet food market reached a value of US$ 222.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 328.4 Million by 2027, exhibiting at a CAGR of 6.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Pet food refers to processed plant or animal extracts suitable for consumption by pets. It mainly consists of ingredients such as fish derivatives, animal derivatives, fruit & vegetable derivatives, cereal & cereal by-products, fats & oils, vitamins & minerals, and other additives. It is generally sold in pet stores, supermarkets and hypermarkets. In recent years, the GCC pet food market is witnessing an increasing demand for quality pet foods on account of a growing trend of pet adoption among the people in the GCC countries.
In GCC countries, the pet food market is primarily driven by a changing outlook of residents towards being more pet-friendly. Due to rapid urbanisation and rising trend of nuclear families, people are widely accepting pets as new members in their modern homes. Additionally, the demand for packaged and branded pet food is rising owing to mounting disposable incomes and changing consumer preferences. Moreover, people are getting more affectionate about their pets and thus focusing more on the pet's nutrition. This will be a significant factor responsible for the growth of the organic pet food, along with other pet food categories, thereby boosting the overall growth of the GCC pet food market. On the contrary, factors like imposition of strict regulations on the ingredients used in pet foods along with Islamic cultural regulations may restrain the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC pet food market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on pet type, product type, ingredient type and distribution channel.
Breakup by Pet Type:
Breakup by Product Type:
Based on the product type, the market has been segmented as dry food, wet & canned food and snacks & treats. Currently, dry food dominates the market, holding the largest share.
Breakup by Ingredient Type:
Based on the ingredient type, the market has been segmented pet food prepared from animal derivatives, plant derivatives and cereal derivatives. Currently, pet food prepared from animal derivates dominates the market, holding the largest share.
Breakup by Distribution Channel:
On the basis of distribution channels, convenience stores represent the largest segment, followed by supermarkets & hypermarkets, online stores and other.
Breakup by Region:
Region-wise, the market has been segmented into UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain. Amongst these, UAE is the biggest market, accounting for majority of the total regional market.
This report provides a deep insight into the GCC pet food market 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 and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This 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 GCC pet food market in any manner.
|Base Year of the Analysis||2021|
|Segment Coverage||Pet Type, Product Type, Ingredient Type, Distribution Channel, Country|
|Countries Covered||UAE, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 2699
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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