The Middle East And Africa Pet Food Market was worth USD 4.96 billion in 2019 and is estimated to reach USD 6.13 billion by 2024, with a CAGR of 4.32% throughout the predicted period. Pet foods are very digestible, allowing the pet to absorb more nutrients. Due to the quality nutrients, premium pet foods also aid in keeping the skin and coat healthy, further avoiding conditions such as food allergies, sensitive stomach, obesity and hip and joint stiffness. Particularly formulated premium pet foods can also assist with ailments like hairballs, urinary tract problems and oral problems.
Market drivers and restraints:
The market for pet food in the Middle East and African region is slowly increasing with rising knowledge about the several advantages of pet feed and also accelerating adoption of pet animals. But the market expansion is slightly constrained by the high prices of raw materials involved in feed production and the costs of products itself.
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Report segmented as:
treats & snacks
By sales channel:
specialized pet shops
On the basis of region, the Middle East and Africa pet food market is segmented into Middle East countries and African countries. South Africa is the biggest market within the region that is expected to witness huge demand in the future.
Important market players:
Some of the major players operating in the market include The J.M. Smucker Company; The Hartz Mountain Corporation; Mars Incorporated; Hill’s Pet Nutrition, Inc; Nestlé Purina; Lupus Alimentos; Total Alimentos SA; Blue Buffalo Pet Products, Inc.; WellPet LLC; and Diamond Pet Foods, Purely for Pets, Marukan CO. LTD., Nisshin Saifun Group INC., Natural Dog Food Company, Halo, and Del Monte Foods.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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