GCC Dog Food Market Growth Analysis of all Top Key Players Like Mars, Nestle, Hills and Del Monte

The GCC dog food market has witnessed a positive growth over the past few years. The increasing dog adoption rates, rising pet humanization, aging population and large-scale production of premium products are the major growth-inducing factors.

According to the latest report by IMARC Group, titled “GCC Dog Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the GCC dog food market reached a value of US$ XX Million in 2017. Dog food refers to a combination of nutrients including carbohydrates, proteins, vitamins and minerals. It is generally formulated with ingredients such as oatmeal, potatoes, pea protein, sugar-based sweeteners, bone meal, chicken and liver chunks. A healthy diet helps dogs in maintaining a lustrous coat, and appropriate weight and energy levels along with boosting the immune system. Over the years, the dog food market has gained momentum in the GCC region due to the growing presence of international dog food producers.

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Market Trends:

There has been a significant rise in the overall adoption of dogs across the Gulf countries which is giving a push to the demand for dog food in the region. This has prompted the manufacturers to increase the production of high-quality food items that are more palatable and contain more nutrients. Over the past few years, premium-quality dog food has gained momentum in the GCC region owing to the ongoing trend of pet humanization. The growth of the GCC dog food market is also being propelled by other factors which include increasing elderly population, growing number of nuclear families and rising disposable incomes. Looking forward, the market is projected to reach a value of US$ XX Million by 2023, at an expected CAGR of X% during 2018-2023.

Browse full report with complete TOC: https://www.imarcgroup.com/gcc-dog-food-market

GCC Dog Food Market Segmentation:

Market Breakup by Product Type:

1. Dry Food

2. Wet and Canned Food

3. Snacks and Treats

The dog food market in the GCC region has been segmented on the basis of product types which include dry, wet and canned, snacks and treats. Amongst these, dry dog food represents the most popular product type.

Market Breakup by Ingredient:

1. Animal Derivates

2. Plant Derivates

3. Cereal Derivative

4. Others

Based on ingredients, the market is divided into animal derivatives, plant derivatives and cereal derivatives. At present, dog food products are being majorly produced using animal derivatives.

Market Breakup by Distribution Channel:

1. Convenience Stores

2. Supermarkets and Hypermarkets

3. Online Stores

4. Others

The major distribution channels used for selling dog food include convenience stores, supermarkets and hypermarkets, and online stores. Currently, convenience stores account for the majority of dog food sales in the GCC region.

Market Breakup by Region:

1. UAE

2. Saudi Arabia

3. Kuwait

4. Oman

5. Qatar

6. Bahrain

On a regional-basis, the UAE represents the largest market for dog food, holding the majority of the total share. The other major markets include Saudi Arabia, Kuwait, Qatar, Oman and Bahrain.

Competitive Landscape:

The competitive landscape of the GCC dog food market has also been examined with some of the key players being Mars, Nestle, Hills and Del Monte.

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This release was published on openPR.