Press release
GCC Dog Food Market to Grow at a CAGR of 6.3% During 2022-2027
According to the latest report by IMARC Group, titled "GCC Dog Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the GCC dog food market reached a value of US$ 92.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 135.4 Million by 2027, exhibiting a CAGR of 6.3% during 2022-2027. Dog food is specifically formulated for consumption by dogs that is intended to cater to various nutritional requirements of dogs, such as minerals, fats, water, carbohydrates, vitamins, and carbohydrates. Its consumption enables dogs to perform daily activities, maintain their build and muscle tone and repair teeth and bones while preventing infection. At present, leading manufacturers are introducing products suitable for every stage of a dog's life that offer hypoallergenic nutrition and aid in controlling health conditions such as heart and kidney-related diseases.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Industry Demand:
The escalating demand for premium and quality dog food majorly drives the GCC market. This is supported by the changing outlook of residents towards pets, along with the rising trend of dog adoption as a companion for families. In addition to this, the increasing concerns regarding dog health and the rising initiatives by various non-governmental organizations to build rescue shelters for dogs are significantly supporting the market in the GCC region. Moreover, the growing preference for natural and organic pet food products among pet owners is accelerating the demand for innovative organic pet food categories. Other factors driving the market include the increasing prevalence of diseases among pets, the implementation of stringent regulations on the ingredients used in pet foods and inflating disposable income levels of individuals.
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GCC Dog Food Market 2022-2027 Analysis and Segmentation:
Breakup by Product Type:
• Dry Food
• Wet and Canned Food
• Snacks and Treats
Breakup by Ingredient:
• Animal Derivatives
• Plant Derivatives
• Cereal Derivatives
• Others
Breakup by Distribution Channel:
• Convenience Stores
• Supermarkets and Hypermarkets
• Online Stores
• Others
Regional Insights:
• UAE
• Saudi Arabia
• Kuwait
• Oman
• Qatar
• Bahrain
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of major players operating in the industry.
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
NOTE: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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• https://www.imarcgroup.com/apple-cider-vinegar-market
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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