
Middle East and Africa Vegan Pet Food Market
No. of Pages: 90 | Report Code: TIPRE00023583 | Category: Food and Beverages
No. of Pages: 90 | Report Code: TIPRE00023583 | Category: Food and Beverages
Middle East and Africa includes countries such as South Africa, Saudi Arabia, the UAE, and the rest of the Middle East and Africa. The Gulf countries are economically developed countries, whereas the African countries are yet to match up to the economic conditions of the Gulf countries and lag far behind. The trend of humanization of pets has led to an increase demand for vegan pet food. The humanization of pet’s trend has led the consumer’s demand for nutritious pet food which is beneficial for the health of the pets. Thus, this will drive the growth of the vegan pet food in the Middle East and Africa region. Middle East and Africa has a hot climate so thus, there are certain pet foods that may cause allergies as well as intolerance. This is creating and increasing the demand for plant-based, and vegan pet food products in the region.
South Africa stated the highest number of COVID-19 cases in the Middle East & Africa. The UAE was the first country to report a confirmed case of COVID-19 case in Middle East & African countries. Due to the lockdowns in the Middle East & African region because of COVID-19 the market is being disrupted. The slowdown of raw material production, supply chain instability, postponing of trade shows and conferences on dog & cat health, hampered trade movements, and other reasons. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage. The disturbed value chain during the initial days of the pandemic has had a negative impact on raw material supply thus, these factors have negatively impact the Middle East & Africa pet food and vegan pet food industry.
Strategic insights for the Middle East and Africa Vegan Pet Food provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 19.54 Million |
Market Size by 2028 | US$ 33.65 Million |
Global CAGR (2021 - 2028) | 8.1% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Vegan Pet Food refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The vegan pet food market in Middle East & Africa is projected to reach to US$ 33.65 million by 2028 from US$ 19.54 million in 2021. The market is estimated to grow at a CAGR of 8.1% from 2021 to 2028. Over the last decades, pets have become a status symbol of families across the MEA than just being a mere distraction. Pet population is surging along with the rising human population in this region. Dogs and cats are the most common pets. MEA countries have also been witnessing a significant growth in the population of dogs and cats. The increasing population of pets, especially of dogs and cats, is creating a demand for more pet food. Also, pet owners across region tend to prefer pet food products that are prepared by using plant-based ingredients along with the growing trend of veganism. People across MEA region are becoming more concerned toward the nutritional profile offered by vegan products and the benefits of vegan protein or plant protein. Hence, along with growing veganism among people, pet owners are also opting for vegan diet for their pets. All these factors fuel the growth of the Middle East & Africa vegan pet food market.
Middle East & Africa vegan pet food market is segmented based on product type, pet type, and distribution channel. The Middle East & Africa vegan pet food market based on product type is segmented into dry food, wet food, and others. Dry food segment accounted for the highest share in the market in 2020 is expected to be fastest growing during forecast period. Based on pet type, is segmented into dogs and cats. The dogs segment accounted for the highest share in 2020 and is expected to be the fastest growing during forecast period. Based on distribution channel, is segmented into supermarkets and hypermarkets, specialty stores, online retail and others. The supermarkets and hypermarkets segment accounted for the highest share in 2020 and online retail segment is expected to be the fastest growing during forecast period.
A few major primary and secondary sources referred to for preparing this report on vegan pet food market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Antos B.V.; V-dog; Yarrah; Halo Pets; and George Tsappis Isorropimene Zootrophe Ltd. among others.
The Middle East and Africa Vegan Pet Food Market is valued at US$ 19.54 Million in 2021, it is projected to reach US$ 33.65 Million by 2028.
As per our report Middle East and Africa Vegan Pet Food Market, the market size is valued at US$ 19.54 Million in 2021, projecting it to reach US$ 33.65 Million by 2028. This translates to a CAGR of approximately 8.1% during the forecast period.
The Middle East and Africa Vegan Pet Food Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Vegan Pet Food Market report:
The Middle East and Africa Vegan Pet Food Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Vegan Pet Food Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Vegan Pet Food Market value chain can benefit from the information contained in a comprehensive market report.