Size, Growth, Share, Key Players, Trends, Price, Industry Demand, and Forecast

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According to the latest report of the IMARC group, entitled “GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026 », the GCC Pet Food Market Size reached a value of US $ 206.8 million in 2020. Going forward, IMARC Group expects the GCC pet food market to show moderate growth in the period 2021- 2026. Pet food refers to a highly nutritious and energy dense food product that is made to meet the nutritional needs of pets. It is prepared from several ingredients such as meat, feed grains, seafood and poultry. Due to the growing awareness of owners and the growing trend towards the humanization of pets, pet parents now treat their pets as part of their family. This has improved the relationship between owners and their pets, in turn boosting the demand for pet food products in the region.

As the novel coronavirus (COVID-19) crisis sweeps the world, we are continuously monitoring changes in markets, as well as consumer buying behaviors around the world – our estimates on the latest market trends and values. forecasts after examining the impact of this pandemic.

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Market trends:

Owning a pet is considered a status symbol in different countries in the GCC region like the United Arab Emirates, especially among high income people. This, along with factors such as urbanization and the emerging trend of nuclear families, has resulted in increased sales of pets in the region. Apart from this, the demand for pet food is also influenced by changing perceptions of citizens towards pet ownership. Additionally, manufacturers are adopting improved production techniques to retain essential nutrients that are lost during processing. They are also launching premium product varieties, such as multigrain, grain-free, gluten-free, and protein-specific pet foods to meet the individual needs of various pets.

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Key market segmentation:

Market breakdown by type of pet:

Market breakdown by type of product:

  • Dry food
  • Wet and canned food
  • Snacks and treats

Market breakdown by type of ingredient:

  • Animal derivatives
  • Plant derivatives
  • Cereal derivatives
  • Other

Market breakdown by distribution channel:

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online stores
  • Other

Market breakdown by region:

  • United Arab Emirates
  • Saudi Arabia
  • Kuwait
  • Qatar
  • Oman
  • Bahrain

Highlights of the report:

  • Market performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

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

Related report:

About Us:

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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