The pet food and treats market in the Middle East and Africa has passed the US $3bn (£2.3bn) mark for the first time.
Rising pet ownership (especially dogs and cats) together with pets being treated as family, increased awareness of the fact that they should eat commercial pet food rather than home-cooked and online availability are cited as the factors behind the growth.
According to a new report – “Middle-East & Africa Pet Food Market Overview, 2020-2025” from ResearchAndMarkets.com – pet owners want healthy food choices and are looking out for the food products that contain the best nutritional value for their pets, which is expected to drive growth in the Middle East ‘immensely’.
Even though the Middle East and African pet food market is at a ‘nascent’ stage, it has registered the fastest growth globally. Considering the major countries in both regions, Saudi Arabia has contributed hugely to the pet food revenue generation. The forecast from the African region is a CAGR of above 7% until 2025, particularly in the grain-free, organic pet food sector.
The leading market players of the Middle East pet care market are Nestlé SA, Mars, Colgate-Palmolive, Blue-Buffalo, Champion Pet Foods and United Pet Group.