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Saudi Arabia Pet Food Market Trends, Demand, 2022-2028

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Saudi Arabia pet food market was worth USD 50.8 billion in the year 2021. It is estimated to grow at a CAGR of 8.20%, earning revenue of around USD 87.8 billion by the end of 2028. The growth of the Saudi Arabia pet food market is attributed to the rising trend of pet adoption among Saudis, particularly dogs and cats along with increasing humanization of animals among pet owners due to which their expenditure on best pet care and food is rising, propelling the demand for pet f

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Saudi Arabia Pet Food Market Trends, Demand, 2022-2028

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  1. Saudi Arabia Pet Food Market, By Product- Trend Analysis, Competitive Market Share and Forecast, 2022-2028

  2. Saudi Arabia Pet Food Market- Industry Trends and Forecast Report 2028 A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Saudi Arabia pet food market was worth USD 50.8 billion in the year 2021. It is estimated to grow at a CAGR of 8.20%, earning revenue of around USD 87.8 billion by the end of 2028. The growth of the Saudi Arabia pet food market is attributed to the rising trend of pet adoption among Saudis, particularly dogs and cats along with increasing humanization of animals among pet owners due to which their expenditure on best pet care and food is rising, propelling the demand for pet food in the country. 

  3. Growth Drivers  Rising Adoption of Pets in Saudi Arabia Pet ownership in Saudi Arabia is witnessing a substantial rise over the past few years with the influence of global trends. The humanization of pets is also making pet owners more aware of the nutritional needs of their pets and are spending more on their health. Therefore, they are only feeding high-quality, nutritious food to their pets. Furthermore, the high disposable income of the Saudis is also acting as a major factor for the growing demand for premium pet food in the country, propelling the growth of the overall market.

  4. Restraints  Stringent Pet Adoption Regulations in Saudi Arabia Unlike other countries, Saudi Arabia is very strict regarding pet adoption in the country. Although dog and cat adoption is gaining huge popularity in the country, it still needs to comply with the regulations of the country. For instance, dangerous and aggressive dogs such as Pit Bulls and Rottweilers are not permitted entry into the Kingdom of Saudi Arabia under any circumstances, according to the regulations stated by the Saudi Embassy. This acts as a major restraining factor for the growth of the Saudi Arabia pet food market.

  5. Impact of COVID-19 The unprecedented COVID-19 pandemic outbreak negatively impacted the growth of the Saudi Arabia pet food market. Several countries worldwide imposed strict lockdowns to curb the spread of the virus, due to which the import and export activities were completely halted. Due to this, the production and supply channels of pet food were also hindered, affecting its market growth. The shortage of demand and supply created a huge demand and supply gap in the retail stores. However, the pet food brands and consumers shifted towards online stores, which kept the market floating during these sensitive times. Sample Copy of Report: https://www.blueweaveconsulting.com/report/saudi-arabia-pet-food-market/report-sample

  6. Competitive Landscape The leading market players of the Saudi Arabia pet food market are Mars Petcare, Del Monte, Nestlé, Hill's Pet Nutrition, Bayt Al Aleefa, Blue Buffalo Pet Products, Inc., United Pet Group, Colgate-Palmolive, and other prominent players. The Saudi Arabia pet food market is highly concentrated and competitive among the global brands that enjoy consumer loyalty. The companies are significantly investing in research and development activities to launch new products to grab a larger share in the market. They also prominently adopt competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc.

  7. Key Players Mars Petcare, Del Monte, Nestlé, Hill's Pet Nutrition, Bayt Al Aleefa, Blue Buffalo Pet Products, Inc., United Pet Group, Colgate-Palmolive, and other prominent players.

  8. About Us: Blueweave Consulting offers a one-stop solution for your market intelligence needs for any service or product. You get well-researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well-informed and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk-return trade-off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavors successful.

  9. Contact Us:  +1 866 658 6826 +1 425 320 4776 +44 1865 60 0662  info(@)blueweaveconsulting.com  www.blueweaveconsulting.com

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