GCC Functional Pet Food Market (Pet - Dog, Cat, and Others; Ingredient - Omega-3 Fatty Acids, Prebiotics, Probiotics, Minerals, Vitamins, and Others; Application - Weight Management, Bone Health, Heart Health, Digestive Health[, Brain Health, Joint Mobility, and Others): Industry Analysis, Trends, Size, Share and Forecasts to 2027

GCC Functional Pet Food Market (Pet - Dog, Cat, and Others; Ingredient - Omega-3 Fatty Acids, Prebiotics, Probiotics, Minerals, Vitamins, and Others; Application - Weight Management, Bone Health, Heart Health, Digestive Health[, Brain Health, Joint Mobility, and Others): Industry Analysis, Trends, Size, Share and Forecasts to 2027

Report Code: GCC029 Region: GCC Published: February, 2022

A recent report published by Infinium Global Research on GCC functional pet food market provides in-depth analysis of segments and sub-segments in the GCC as well as the regional GCC functional pet food market. The study also highlights the impact of drivers, restraints, and macro indicators on the GCC and regional GCC functional pet food market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the GCC functional pet food market. According to the report, the GCC functional pet food market is projected to grow at a healthy CAGR over the forecast period of 2021-2027.

Market Insight

Omega Fatty Acids, minerals, prebiotics, probiotics, minerals, and vitamins are some of the essential nutrients required for the healthy growth of pets. Instead of providing the pets with separate nutrients, functional pet foods are an effective way to provide all these essential nutrients. As functional foods come with a combination of all the essential nutrients. The functional pet food satisfies the nutritional requirement of pets and keeps them healthy and away from a range of health problems. Functional pet foods improves skin and coat health, bone health, muscle density, heart health and keep the digestive system healthy. Owing to these many nutritional benefits of functional pet food, they are in high demand among pet owners and are also recommended by doctors, experts, and others.

The growing awareness regarding the health of pets is propelling the growth of the market. The growth in the awareness can be attributed to many factors such as online campaigns by NGOs regarding the health of the pets, the easy availability of literature, and research studies. The growing awareness has compelled pet owners to review the diet of their pets and keep it healthy. Thus, they have turned towards functional pet food for satisfying the nutritional need of their pets. Another factor aiding the growth of the market is the increasing accessibility of functional pet food products. There has been a significant rise in the number of retail stores offering functional pet foods, pet care stores, malls offering functional pet food and a large number of e-commerce platforms. The only restraint the market faces is that majority of the pet food in GCC countries is imported. Any supply chain disruptions can severely affect the functional pet food supply in the GCC region. New opportunities are emerging as e-commerce platforms for pet care and food are growing.

Saudi Arabia is expected to be the largest market of functional pet food in the GCC region and held the largest revenue share in 2020. The growth in pet ownership and increasing awareness of pet health in Saudi Arabia have greatly aided the market in Saudi Arabia. UAE is expected to remain the second largest market of functional pet food market owing to its large network of pet care and pet supplies stores.

GCC Functional Pet Food Market

Segment Covered

The report on GCC functional pet food market covers segments such as pet, ingredient, and application. On the basis of pet, the sub-markets include dogs, cats, and others. On the basis of ingredient, the sub-markets include omega-3 fatty acids, prebiotics, probiotics, minerals, vitamins, and others. On the basis of application, the sub-markets include weight management, bone health, heart health, digestive health, brain health, joint mobility, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Mars, Incorporated, Hill's Pet Nutrition, Inc., Nestlé Purina PetCare Company, Archer Daniels Midland Company, Champion Petfoods, Kerry Group, Nissin Saifung Group Inc, Unicharm Corporation, and Others.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the GCC functional pet food market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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