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).
- On the basis of the pet type, the market has been segmented into dog food, cat food, and others. At present, cat food holds the largest market share.
- Based on the product type, the market has been segregated into dry food, wet and canned food, and snacks and treats. Amongst these, dry pet food accounts for the majority of the total market share.
- On the basis of the ingredient, the market has been classified into animal derivatives, plant derivatives, cereal derivatives, and others. Presently, animal derivates exhibit a clear dominance in the market.
- Based on the distribution channel, the market has been categorized into supermarkets and hypermarkets, convenience stores, online stores, and others. Amongst these, pet food is majorly distributed through convenience stores.
- The competitive landscape of the market has also been examined, with some of the key players being Nestlé S.A., Mars Petcare, Hill’s Pet Nutrition Inc., and Del Monte Foods Inc.
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