The Middle East and Africa Pet Food Processing Market size is estimated to reach a valuation of US$ xx million by 2026 with a notable compound annual growth rate between 2021 and 2026.
Pet food is extracted from animal or plant food and produced for pet consumption. With the rise of pet lovers, the demand for nutritious and healthy pet food increases. Therefore, the pet food processing industry is constantly striving to provide innovative products to meet market demand. Pet food is produced separately for dogs and cats. Wet and dry pet food is available on the market. Government involvement in promoting the use of healthy and safe ingredients in pet food to improve animal health is affecting this market. Additionally, the pet food processing market is further developing as pet food is available in supermarkets and hypermarkets, specialty stores, convenience stores, and online stores.
The main factors contributing to the market growth are the development of quality pet food products, increased demand for automation, and increased use of Middle East and Africa Pet Food Processing.
The Middle East and Africa Pet Food Processing market growth is expected to increase during the forecast period as demand for premium specialty foods increases due to good health benefits. As the trend of pet adoption in MEA increases, rapid development in terms of improvement of various pet food products is expected to drive market growth. The increasing trend in product primacy among pet food manufacturers and the increased acceptance of pets across the region are expected to contribute to Middle East and Africa Pet Food Processing market growth during the forecast period. The advantage is due to high disposable income as the adoption of various animals, such as dogs, cats, and birds, increases. Also, the introduction of advanced technology in the pet food processing industry will further strengthen the growth of the Middle East and Africa Pet Food Processing market. Additionally, the growing consumer trends associated with pet food products, such as the growing preference for high-quality commercial pet food products, will encourage processing equipment manufacturers to choose professional and innovative machines for producing pet food. These factors are expected to drive Middle East and Africa Pet Food Processing market growth. The economies of the UAE, South Africa and Saudi Arabia are expected to show greater growth potential due to rapid urbanization, offering new development opportunities for product manufacturers. It will also encourage equipment manufacturers to focus and invest in the production of a variety of innovative and specialized machines.
Demand for processing equipment is expected to increase as consumer preference for high-quality commercial products increases in Middle East and Africa. Besides, as consumer propensity for high-quality pet food products increases, manufacturers of processing equipment are expected to turn to specialized and advanced machines for the production of pet food. These factors are supposed to accelerate the growth of the Middle East and Africa Pet Food Processing market during the forecast schedule, as interest in product premiumization increases among pet food manufacturers and the population of pets grows in various regions. Furthermore, as the penetration rate of high-quality commercial products has increased, the demand for innovative and professional machines has increased, leading the Middle East and Africa Pet Food Processing market. As pet health problems increase, the demand for premium quality food will increase, supporting the overall growth of the Middle East and Africa Pet Food Processing market.
Depreciation of processing equipment over many years is expected to hinder the growth of Middle East and Africa Pet Food Processing during the forecast period. The main challenge in the regional market is the growing concern about pet obesity. Pets are also very vulnerable to the complications of obesity, like humans, especially dogs suffering from conditions associated with being overweight and obese.
The market for Middle East and Africa Pet Food Processing market is segmented based on:
Type: It is estimated that the food for dog will dominate the pet food processing market from the 2019. As the humanization trend of pets increased, owners were encouraged to be accepting dogs as companions due to their friendliness.
Bu food type, dry pet food is on the rise, and sales in developing countries are expected to continue to rise. Due to the cost-effectiveness of the dry form, ease of handling, and ease of bulk purchase, there is a rising demand for dry pet food products. Also, with the increased use of extrusion technology, dry pet food production was still high.
By sales channel, the specialized pet stores account for a significant portion, which is likely to fall with the rising online purchases.
Food and additive supply may be slow due to limitations in manufacturing activities due to the outbreak of the COVID-19 pandemic. The current stagnation in supply is unfavorable, as the demand for essential foods such as dairy products and meat continues to increase. This has led to moderate sales in this period.
The MEA area is expected to record the fastest CAGR from 2020 to 2027. In economies like the United Arab Emirates and Saudi Arabia, the popular trend of having pets as a status symbol will be a key factor driving demand for the Middle East and Africa Pet Food Processing market. Also, with the increased awareness of pet health in terms of allergies and resistance to diet, the demand for a variety of premium products has increased. This will likely increase the demand for Middle East and Africa Pet Food Processing in the region.
Key Players in the Market:
Major Key Players in the MEA Pet Food Processing Market are
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