Dog food is specially formulated for dogs and other related canines and usually contains meat, corn, wheat, rice, vegetable oil, animal fat, bone meal, etc. Due to unfavourable climatic conditions, owning a dog was not feasible in Saudi Arabia. However, the trend of dog ownership has gained momentum over the years, supported by rising standards of living and increasing disposable incomes. Moreover, the owners treat their dogs like a member of the family and are willing to provide the best amenities for them. These factors have created a huge demand for dog food in Saudi Arabia. According to the latest report by IMARC Group, titled “Saudi Arabia Dog Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Saudi Arabia dog food market size reached a value of around US$ XX Million in 2018.
The demand for premium dog food products with better nutrient content and palatability is increasing among the pet owners, thereby stimulating the market growth in the region. Further, in line with the changing needs of the consumers, the manufacturers are introducing product variants with innovative flavours. Apart from this, the dog owners are shifting towards online shopping as it negates geographical limitations and provides convenience. As a result of this, online retailing is rapidly emerging as one of the most preferred distribution channels in Saudi Arabia. In addition, various dog food companies have started focusing on attractive packaging as it plays an important role in creating a positive brand image and expanding the consumer-base. Owing to the aforementioned factors, the market value is projected to exceed US$ XX Million by 2024, registering a CAGR of X% during 2019-2024.
Market Breakup by Product Tye:
Based on product type, the market has been segmented as dry food, wet and canned food, and snacks and treats. Currently, dry food dominates the market, holding the largest share.
Market Breakup by Ingredients:
On the basis of ingredients, animal derivatives represent the largest segment, followed by the plant and cereal derivatives.
Market Breakup by Distribution Channel
The market has also been segregated on the basis of distribution channel into supermarkets and hypermarkets, convenience stores and online stores. Amongst these, convenience stores hold the largest market share.
The competitive landscape of the Saudi Arabia dog food market has also been examined with some of the key players being Mars Petcare, Nestle, Hills and Del.
This report provides a deep insight into the Saudi Arabia dog 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 dog food market in any manner.
Key Questions Answered in This Report:
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