Saudi Arabia Pet Food Market

Saudi Arabia Pet Food Market Overview:

The Saudi Arabia pet food market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Pet food refers to highly nutritious products specifically made to fulfill the dietary needs of pets. It is commercially manufactured from agricultural, animal-feed-grade ingredients and nutritional supplements, such as cereals, vegetables, meat, seafood, and by-products of feed grains. It helps pets perform daily tasks, maintains healthy skin and shiny hair, strengthens muscles, teeth, and bones, and prevents infections and diseases. It also offers numerous health benefits, including improving digestion, maintaining a healthy weight, lowering the risk of skin allergies, and boosting immunity. As a result, pet food is gaining immense traction across Saudi Arabia due to rising awareness regarding pet nutrition and health among pet parents.

The Saudi Arabia pet food market is primarily driven by the rising pet care awareness among individuals owing to the increasing spending of pet owners on nutrition and growing affection toward their pets. Moreover, there has been a rise in the pet humanization trend as a surging number of individuals are treating their pets as family members. In line with this, the escalating demand for more nutritious and energy-dense pet food made with scientific formulations is positively influencing the market growth. Additionally, there has been a significant shift in consumer preferences toward natural formulations and perceptions regarding pet ownership across the region. In line with this, the launch of organic pet food variants with natural ingredients grown without synthetic fertilizers, hormones, pesticides, or antibiotics has catalyzed market growth. Besides this, the development of new and improved pet food variants, such as gluten-free, multigrain, protein-specific, and grain-free products, to fulfill the requirements of all pets, ranging from dogs and cats to birds and reptiles, is propelling the market growth. Other factors, including a rising number of households with pets, inflating consumer disposable incomes, supportive government initiatives, premiumization of pet foods, and easy product availability via e-commerce platforms, are also anticipated to create a favorable market outlook.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the Saudi Arabia pet food market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. 

The report analyses the competitive structure of the Saudi Arabia pet food market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the Saudi Arabia pet food market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the Saudi Arabia pet food market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the Saudi Arabia pet food market industry. Furthermore, the value chain analysis of the Saudi Arabia pet food market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Saudi Arabia Pet Food Market Segment Insights:

The Saudi Arabia pet food market has been analysed as followed:

By Pet Type:

• Dog Food
• Cat Food
• Others

By Product Type:

• Dry Food
• Wet and Canned Pet Food
• Snacks and Treats

By Ingredient:

• Animal Derivates
• Plant Derivates
• Cereals Derivative
• Others

By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online
• Others

Competative Landscape: 

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players operating in the market are:

• Mars Petcare
• Nestlé
• Hill’s Pet Nutrition
• Del Monte

Highlights of the Saudi Arabia Pet Food Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The Saudi Arabia pet food market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs