UAE Pet Food Market to Reach US$ 164.6 Million by 2032, Impelled by Rapid Adoption of Pets

April 13, 2023 | Retail

According to the latest report by IMARC Group, titled "UAE Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032," the UAE pet food market reached a value of US$ 101.9 Million in 2023. Pet food is commercially prepared food intended for consumption by pets. Typically sold in supermarkets and pet stores, it is usually particular to the animal type, such as a dog or cat food. It is available in several forms that differ as per the processing methods used, the ingredients added, and the preservation methods. Pet food can also be classified per its nutrient content, the purpose for which they are formulated, and the quality of ingredients it contains. It can be further categorized as dry, wet, and semi-moist foods. In UAE, various foods have been developed to meet pet owners' specific needs, including natural and organic foods, raw food diets, and vegetarian products.

UAE Pet Food Market Trends:

The market in UAE is majorly driven by the increasing empathy toward pets and the trend of pet humanization. In line with this, the rising adoption of pets and the growing demand for premium pet food are significantly contributing to the market growth. Apart from this, the escalating popularity of customized pet food products due to their efficiency in addressing particular pet conditions, such as obesity and dry skin, is catalyzing the market. Pet owners across the country are focusing on having better control over the ingredients utilized in the production of pet food products, which is expected to offer lucrative opportunities to brands or companies that produce specially formulated and customized pet food products. Besides, the inflating disposable income level of the individuals is encouraging them to spend on healthy and organic pet food products to aid their health, which is anticipated to favorably impact the market. Additionally, the easy availability of the product at affordable prices is providing a boost to the market. Some of the other factors driving the market growth include new product launches, the increasing focus on improving pet health and life expectancy, and the rising demand for dry pet food due to its convenience in terms of storage and feeding pets without creating a mess. On account of the factors above, the market is anticipated to reach a value of US$ 164.6 Million by 2032, exhibiting a CAGR of 5.3% during 2024-2032.

Market Summary:

On the basis of the pet food type, the market has been categorized into dog food, cat food, and others. Among these, cat food represents the most popular pet food type.
Based on the product type, the market has been classified into dry food, wet and canned food, and snacks and treats. At present, dry food holds the largest market share.
Based on the ingredient type, the market has been segmented into animal derivatives, plant derivatives, cereal derivatives, and others. Currently, animal derivatives account for the largest market share.
Based on the distribution channel, the market has been categorized into supermarkets and hypermarkets, convenience stores, online stores, and others. Presently, convenience stores represent the leading distribution channel.
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Pet Food Type, Product Type, Ingredient Type, Distribution Channel
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
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UAE Pet Food Market to Reach US$ 164.6 Million by 2032, Impelled by Rapid Adoption of Pets

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