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 2018-2023”, the Saudi Arabia dog food market reached a value of around US$ XX Million in 2017.
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 2023, registering a CAGR of X% during 2018-2023.
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.
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