UAE Dog Food Market to Reach US$ 34.7 Million by 2024

According to the latest report by IMARC Group, titled “UAE Dog Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the UAE dog food market size reached US$ 23.5 Million in 2018. Dog food is specially formulated and commercialized to be consumed by pet dogs. It is prepared by a combination of various meat, fish, cereals and vegetables. Rich in proteins, minerals, vitamins and carbohydrates, it provides the proper amount of nutrition required by dogs. Its consumption assists the pets in maintaining their energy levels, appropriate weight and luscious coat. In the UAE region, these packed food products are widely available in numerous flavors like egg, chicken, beef, lamb and vegetables. Over the past few years, rapid urbanization and a significant increase in the number of nuclear families has increased the adoption rates of pet dogs, thereby catalyzing the demand for dog food in the region.

UAE Dog Food Market Trends:

Growing dog ownership rates is one of the key factors impelling the market growth in the region. Owing to the increasing expatriate population and inflated per capita income, there has been a significant rise in the number of pet owners in the region. This, along with the growing trend of pet humanization, has resulted in a majority of the pet parents treating their pets as a member of their family, which has ultimately escalated the demand for good quality pet food. Additionally, increasing awareness about pet health has led dog owners to invest in premium product variants containing organic raw materials and natural flavorings which can reduce the chances of allergic reactions and skin diseases. Apart from this, various nonprofit organizations are taking initiatives to improve pet adoption rates in the UAE. For instance, in April 2019, some of the renowned animal nonprofit organizations in the UAE, including Umm Al Quwain Stray Dogs Centre, PARA UAE, Ahmed’s Rescue and 38 Smiles, collaboratively organized a dog adoption day. Such favorable initiatives are expected to create a positive outlook for the market in the region. On account of these factors, the market value is anticipated to reach US$ 34.7 Million by 2024, growing at a CAGR of 6.6% during 2019-2024.

Market Summary:

• Based on the product types, the market has been divided into dry food, wet and canned food, and snacks and treats. Currently, dry food is the most preferred product type.
• On the basis of the ingredients, animal derivatives exhibit a clear dominance in the market. Other major segments include plant derivatives, cereals derivatives and others.
• Based on the distribution channel, the market has been categorized into convenience stores, supermarkets and hypermarkets, online stores, and others, wherein convenience stores account for the majority of the total market share.
• The competitive landscape of the market has also been examined in the report with the detailed profiles of the key players operating in the market. Some of the key players operating in the market include Del Monte, Nestle, Mars Petcare and Hills.

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