Bharat
Book Bureau Provides the Trending Market Research Report on “UAE
Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast
2019-2024” under
Food
& Beverage category.
The report offers a collection
of superior market research, market analysis, competitive intelligence and
industry reports.
UAE
Pet Food Market reached a value of US$ X Million in 2018. The
market is further projected to reach a value of around US$ X Million by 2024,
growing at a CAGR of X% during 2019-2024. Owning a pet is considered as a
status symbol in the UAE due to which they are becoming more popular among high
income earners. On account of rising pet humanisation trend, a large section of
the UAE population has started treating their pets as a part of their family.
This evolution in the relationship between owners and their pets has increased
the owners’ awareness of their pet’s health such as weight, allergies and
dietary tolerances which has resulted into a heightened demand for different
types of pet foods in the country.
The UAE Pet Food Market Drivers/Constraints:
In the UAE, pets are now allowed to enter in
different spaces such as restaurants, hotels and parks with their owners.
Moreover, various hotels, particularly in Dubai and Abu Dhabi, welcome pets
with assorted treats and accessories, and offer special canine menu and
services.
Premiumised pet food products, such as added
ingredients, gluten-free, multigrain, protein-specific, grain-free, etc.,
introduced by the manufacturers are gaining traction in the region as they
provide better quality food, novel proteins and right balance of nutrients.
Nowadays, pet owners are looking for less
refined or processed products with natural preservatives and minimal fillers.
The arrival of organic pet food which includes no pesticides, artificial
preservatives, flavours or genetically modified organisms and supports
digestion with natural prebiotics is further creating a positive outlook for
the pet food market.
The market is highly competitive and
manufacturers face a challenge from pet owners who often hold them responsible
in case their pets suffer from any kind of health issues.
Request a free sample copy of Pet Food Market Report @ https://www.bharatbook.com/marketreports/Sample/Reports/1263908
Breakup by Pet Food Type:
On the basis of pet
food type, the market has been segmented into cat food, dog food and others.
Cats are considered to be sacred and cleaner in comparison to other pets. As a
result, cat food represents the most popular pet food type, accounting for the
majority of the total market share.
Breakup by Product Type:
Based on the product
type, dry food holds the largest market share. Dry food is considered
convenient for both storage and feeding, and can be easily left in a bowl for
the pet to consume at its own pace without the fear of spoilage. Moreover, dry
kibbles are available in several shapes, sizes and types, making it suitable
for different types of pets. Other product types include wet and canned food,
and snacks and treats.
Breakup by Ingredient:
On the basis of
ingredient, the market has been segregated into pet food prepared from animal
derivatives, plant derivatives and cereal derivatives. Currently, animal derivatives
account for the largest market share as they provide a variety of nutrients
including proteins, amino acids, fats, minerals and vitamins which are
essential for a pet’s health.
Breakup by Distribution Channel:
Pet food is
distributed through various channels such as supermarkets and hypermarkets,
convenience stores, online stores and others. Among these, supermarkets and
hypermarkets represent the leading distribution channel. Numerous pet food
manufacturers are investing in advertisement and promotional activities in
supermarkets and hypermarkets which is stimulating the sales of pet food.
Competitive Landscape:
The report has also
analysed the competitive landscape of the UAE pet food market and provides the
profiles of the key players.
This report provides
a deep insight into the UAE pet food market covering all its essential aspects.
This ranges from macro overview of the market to micro details of the industry
performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s
five forces analysis, value chain analysis, etc. This report is a must-read for
entrepreneurs, investors, researchers, consultants, business strategists, and
all those who have any kind of stake or are planning to foray into the pet food
market in any manner.
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/uae-pet-food-market-industry-trends-share-size-growth-opportunity-and-forecast-2019-2024/1263908
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