Online Retail to be the fastest growing segment in the Middle East & Africa Vegan Pet Food Market during the forecast period 2021-2028.
According to a new market research study on “Middle East & Africa Vegan Pet Food Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product Type, Pet Type, and Distribution Channel,” is expected to reach 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. The report provides trends prevailing in the Middle East & Africa vegan pet food market along with the drivers and restraints pertaining to the market growth. Raising pet food fortification, scaling demand of vegan pet food, and boosting number of pet owners are the major factor driving the growth of the vegan pet food market. However, nutrient insufficiency related to vegan pet food hinder the growth of vegan pet food market.
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.
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.
Antos B.V.; V-dog; Yarrah; Halo Pets; and George Tsappis Isorropimene Zootrophe Ltd. are among some of the leading companies in the Middle East & Africa vegan pet food market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive vegan pet food market.
According to a new market research study on “Middle East & Africa Vegan Pet Food Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product Type, Pet Type, and Distribution Channel,” is expected to reach 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. The report provides trends prevailing in the Middle East & Africa vegan pet food market along with the drivers and restraints pertaining to the market growth. Raising pet food fortification, scaling demand of vegan pet food, and boosting number of pet owners are the major factor driving the growth of the vegan pet food market. However, nutrient insufficiency related to vegan pet food hinder the growth of vegan pet food market.
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.
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.
Antos B.V.; V-dog; Yarrah; Halo Pets; and George Tsappis Isorropimene Zootrophe Ltd. are among some of the leading companies in the Middle East & Africa vegan pet food market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive vegan pet food market.
The report segments the Middle East & Africa Vegan Pet Food Market as follows:
Middle East & Africa Vegan Pet Food Market - By Product
- Dry Food
- Wet Food
- Others
Middle East & Africa Vegan Pet Food Market - By Pet
- Dogs
- Cats
Middle East & Africa Vegan Pet Food Market - By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
Middle East & Africa Vegan Pet Food Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa vegan pet food market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa vegan pet food market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the vegan pet food market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the Middle Eastern and African Vegan Pet Food Market
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Report Attribute | Details |
---|---|
No. of Pages | 90 |
Published | July 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 19.54 Million |
Forecasted Market Value ( USD | $ 33.65 Million |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Africa, Middle East |
Table of Contents
1. Introduction
3. Research Methodology
4. Middle East & Africa Vegan Pet Food Market Landscape
5. Middle East & Africa Vegan Pet Food Market - Key Market Dynamics
6. Middle East & Africa Vegan Pet Food Market - Market Analysis
7. Middle East and Africa Pet Food Market Analysis - By Product Type
8. Middle East and Africa Vegan Pet Food Market Analysis - By Pet Type
9. Middle East and Africa Vegan Pet Food Market Analysis - By Distribution Channel
10. Middle East and Africa Vegan Pet Food Market - Country Analysis
11. Impact of COVID-19 on Middle East and Africa Vegan Pet Food Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Halo Pets
- YARRAH
- Antos B.V.
- V-dogs
- George Tsappis Isorropimene Zootrophe ltd.