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Saudi Arabia Pet Food Market Size to Reach US$ 106.4 Million by 2028 at 6.91% CAGR

04-10-2023 06:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Saudi Arabia Pet Food Market Size to Reach US$ 106.4 Million

According to the latest report by IMARC Group, titled "Saudi Arabia Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," the Saudi Arabia pet food market size reached US$ 71.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 106.4 Million by 2028, exhibiting a growth rate (CAGR) of 6.91% during 2023-2028.

Pet food is a specialized food product formulated to meet the nutritional requirements of domesticated animals. Typically, it is made from a variety of ingredients, including cereals, grains, vitamins, meat and meat by-products, fish derivatives, fats and oils, cereal and cereal by-products, and fruit and vegetable derivatives. The meat used in pet food is typically a byproduct of the human food industry. Pet food is available in various forms, such as fresh, canned, dry, and semi-moist, in kibbles, biscuits, and treats types. In Saudi Arabia, there is a growing trend in pet adoption, which has led to increasing demand for high-quality pet food products.

𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/saudi-arabia-pet-food-market/requestsample

Saudi Arabia Pet Food Market Trends:

The Saudi Arabia pet food market is driven by the inflating consumer per capita income, increasing adoption of companion animals, especially cats and dogs, and rising pet humanization. This is further supported by the surging consumer awareness regarding pet health. In line with this, key market players are heavily investing in advanced technologies to introduce innovative and nutritious pet food products using organic raw materials and natural flavorings, which, in turn, is creating a positive outlook for the market. Other factors, such as the easy product availability in hypermarkets, supermarkets, pet stores, and online retail stores and the introduction of premium packaged and branded pet food, are positively supporting the market growth.

Saudi Arabia Pet Food Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players

The competitive landscape of the Saudi Arabia pet food market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these Key Players Include:

Mars Petcare
Nestlé
Hill's Pet Nutrition
Del Monte

Key Market Segmentation:

The report has segmented the Saudi Arabia pet food market on the basis of pet type, product type, ingredient and distribution channel

Breakup by Pet Type:

Dog Food
Cat Food
Others

Breakup by Product Type:

Dry Food
Wet and Canned Pet Food
Snacks and Treats

Breakup by Ingredient:

Animal Derivates
Plant Derivates
Cereals Derivative
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Online
Others

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=1000&flag=C

Key Highlights of the Report:                                                   
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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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