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According to the latest report by IMARC Group, titled “Saudi Arabia Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” the Saudi Arabia pet food market reached a value of US$ 66.1 Million in 2021. Pet food refers to the food product formulated with specific ingredients to meet the nutritional requirements of domesticated animals. It offers several health benefits, such as boosting immunity, maintaining a healthy weight, reducing the risk of skin allergies, and minimizing digestive disorders. In Saudi Arabia, the increasing adoption of pets by individuals has escalated the demand for pet food.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Saudi Arabia Pet Food Market Trends:
The market is primarily driven by the rising pet care awareness among the individuals as pet owners are getting more affectionate toward their pets and spending more on their nutrition. Besides this, the changing perceptions of pet ownership and shifting consumer preferences toward natural formulations have catalyzed the demand for nutrient-rich and energy-dense pet food products. As a result, manufacturers are developing organic pet food variants with natural ingredients that are grown without pesticides, synthetic fertilizers, hormones, or antibiotics. Along with this, they are also introducing new product varieties, such as gluten-free, multigrain, protein-specific, and grain-free products, to meet the dietary requirements of various pets, including dogs, cats, birds, and reptiles, thereby contributing to the market growth. Looking forward, IMARC Group expects the market to reach a value of US$ 99.6 Million by 2027, expanding at a CAGR of 7% during the forecast period (2022-2027).
Market Summary:
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