Saudi Arabia Pet Food market to witness Steady Growth till 2026
Rise in demand to increase
the nutrient value of the pet food and increase in pet food expenditure is expected
to drive the Saudi Arabia Pet Food market in the forecast period.
According to TechSci Research report, “Saudi
Arabia Pet Food Market By Pet Type (Dogs, Cats, Fish, Others) By Product
Type (Dry Food, Wet and Canned Pet Food, Others (Treats, Flake & Pellet,
Freeze-Dried, etc.)) By Distribution Channel (Dedicated Pet Store,
Supermarket/Hypermarket, Online Retail & Others), By Region, Company Forecast
& Opportunities, 2026”, The Saudi Arabia Pet Food market is expected to
witness steady growth in the next five years. Pet food is specially made for
pets to provide them with nutritious and energy-dense food items to meet the
nutritional requirement of pets. Pet food is made using ingredient sources like
meat, poultry, seafood, among others. The rapid urbanization of people in
search of better job opportunities and the quality of living standards is
aiding to raise the awareness among the consumer regarding the benefits of
providing healthy food to their pets. Pet owners are preferring organic and
natural pet food for their pets due to the adverse effects of synthetic and the
use of preservatives in pet food. The rise in consumer awareness has led to a higher
focus on maintaining health and providing them with essential nutrients. The
high demand for canned pet food to feed dogs and cats and provides them with
carbohydrates, proteins, and fats. There
is high demand for branded or premium pet food brands and consumers are opting
between different multiple available options to make the right decisions.
The COVID-19 outbreak across the world which has been
declared as a pandemic by World Health Organization has affected countries
adversely. Leading authorities of Saudi Arabia imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. The pet food manufacturing units were temporarily shut down and
the shortage of workforce was observed as the majority of workers moved back to
their native places during the lockdown period. Disruption in the supply chain
was observed due to restrictions on the import and export and cross-trade of
objects which affected the pet food market growth adversely.
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Saudi
Arabia Pet Food market is segmented into pet type, product type, distribution
channel, regional distribution, and company. Based on product type, the market
can be divided into dry food, wet and canned pet food, and others. The other
segment further includes treats, flake & pellet, and freeze-dried. The dry
food segment is expected to account for major market share in the forecast
period, 2022-2026. Dry food is in high demand as it offers several advantages
over the other types such as it is easy to store and feed the animals using dry
food type due to the low moisture content. Based on the distribution channel,
the market can be divided into dedicated pet store, supermarket/hypermarket,
online retail & others. The supermarket/hypermarket segment is expected to
witness substantial growth in the next five years owing to the huge footfall in
these types of markets. These markets offer discounts to attract consumers to
spend more on essential food items such as pet food which is further
influencing the growth of the pet food market.
Mars
Petcare, Nestlé Purina PetCare Company, Hill's Pet Nutrition KSA, Del Monte
Arabia, Colgate-Palmolive, Blue Buffalo Pet Products, Inc., Bayt Al Aleefa (Pet
House Trading), Zee.Dog, Bayer AG, United Pet Group are the leading players
operating in Saudi Arabia Pet Food market. Manufacturers are increasingly
focusing on research and development process to fuel higher growth in the market.
To meet evolving customer demand with respect to better efficiency and
durability, several Pet Food manufacturers are coming up with their
technologically advanced offerings.
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“Market
players are investing huge amounts for the development of online channels
through which they can expand the business and reach of their pet food brands
and influence the market growth. Adoption of advanced technologies such as
artificial intelligence, the internet of things, machine learning, big data analytics,
among others are upgrading the consumer experience while purchasing by
providing an interactive environment and a plethora of options to choose the
best available option for their pets. They also offer lucrative discounts to
attract the consumers coupled with the facility of easy returns, quick
delivery, and pick-up options which is further expected to propel the pet food
market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci
Research, a global research-based management consulting firm.
“Saudi Arabia Pet Food
Market By Pet Type (Dogs, Cats, Fish, Others) By Product Type (Dry Food, Wet
and Canned Pet Food, Others (Treats, Flake & Pellet, Freeze-Dried, etc.))
By Distribution Channel (Dedicated Pet Store, Supermarket/Hypermarket, Online
Retail & Others), By Region, Company Forecast & Opportunities, 2026” has
evaluated the future growth potential of Saudi Arabia Pet Food market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of Saudi Arabia Pet
Food market.
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