UAE Cat Food Market Impelled by Popularity of Fortified Products

Food

The UAE cat food market has witnessed moderate growth over the past few years. The rising trend of pet humanization, high disposable incomes of pet owners and the availability of value-added product variants is spurring the growth of the market.

According to the latest report by IMARC Group, titled “UAE Cat Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the UAE cat food market reached a value of around US$ 26 Billion in 2018, growing at a CAGR of nearly 7% during 2013-2018. Cats are regarded as the most preferred type of pets in the UAE as they are revered in Islam. They are also perceived to be more hygienic than other pets and are well-suited to the regional climate.

Market Summary:

Market Breakup by Product Type

1. Dry Food
2. Wet and Canned Food
3. Snacks and Treats

Based on product types, the market has been divided into dry food, wet and canned food, and snacks and treats. Amongst these, dry food represents the most popular product type.

Market Breakup by Ingredient Type

1. Animal Derivative
2. Plant Derivative
3. Cereals Derivative
4. Others

The market has been classified on the basis of ingredient types which include animal, plant and cereal derivates. At present, animal derivatives account for the majority of the total market share.

Market Breakup by Distribution Channel

1. Supermarkets and Hypermarkets
2. Convenience Store
3. Online Store
4. Others

Source: http://www.alaskanewsdesk.com/news/story/125682/uae-cat-food-market-to-reach-us-37-billion-by-2024-imarc-group.html