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 US$ XX Million in 2017. Dog food is an energy dense food specifically made to meet the water and nutritional requirements of a dog. It is prepared with agricultural and animal-feed grade ingredients including poultry, meat, seafood, feed grain byproducts, and added vitamins and minerals. Dog food helps in regulating digestion, repairing damaged cells, promoting immune system, improving metabolism, and reducing irritation caused by allergies and environmental conditions. Although, the climatic conditions in Saudi Arabia are unfavorable for dogs, the trend of dog ownership has gained momentum over the past few years, owing to which the dog food market has witnessed positive growth in the region.
In Saudi Arabia, the rising trend of pet humanization and pet care awareness have encouraged dog owners to provide the best amenities to their dogs. As a result, they are now willing to purchase high-priced dog food products. Additionally, due to elevating per capita income, dog owners in Saudi Arabia are spending more on their pets’ health and nutrition. Apart from this, internet retailing is rapidly emerging as the most preferred distribution channel in the region, in turn, contributing to the sales of dog food. Moreover, the manufacturers are introducing improved dog food products, such as multigrain, grain-free and gluten-free variants, which cater to the requirements of different dogs. They are also focusing on innovative packaging solutions in order to offer convenient and easy-to-store dog food products. Owing to these factors, the market is projected to reach a value of US$ XX Million by 2023, expanding at a CAGR of XX% during 2018-2023.
- Based on product types, dry food is the most popular type of dog food, holding the largest market share. Dry food is followed by wet and canned food, and snacks and treats.
- On the basis of ingredients, the market has been segregated into animal, plant and cereal derivatives. Currently, animal derivatives dominate the market, representing the leading segment.
- The market has also been categorized on the basis of distribution channels as supermarkets and hypermarkets, convenience stores and online stores. Amongst these, convenience stores represent the largest distribution channel, accounting for majority of the overall 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.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Phone No: (D) +91 120 433 0800 | www.imarcgroup.com
Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331