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Press release content from Business Wire. The AP news staff was not involved in its creation.

UAE Cat Food Market Opportunity & Forecast 2019-2024 - ResearchAndMarkets.com

May 7, 2019

DUBLIN--(BUSINESS WIRE)--May 7, 2019--The “UAE Cat Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The UAE cat food market grew at a CAGR of around 7% during 2013-2018. As a result of the increasing number of nuclear families and growing expatriate population, the pet adoption rates in the UAE have escalated in recent years.

Since cats are considered pious and cleaner according to Islam, they have emerged as the most popular pet species in the country. Moreover, in order to uplift their social status and image, the affluent Emiratis are opting for expensive and exotic cat breeds.

A consequent rise in the consciousness regarding the health management of the pets has increased the demand for high-quality cat food which contains all the essential minerals, carbohydrates, proteins and vitamins. In line with this, manufacturers are introducing premium products for different cat species and age groups.

Market Drivers/Constraints:

One of the major cat food market trends is the emergence of one-person households which has prompted individuals to seek low-maintenance pets, such as cats. Additionally, the high disposable incomes of consumers have also enabled them to afford premium cat food products. These products can be easily digested by cats and have a higher nutritional value as compared to mass products.

Apart from this, various restaurants, residential buildings and other public spaces have started allowing the entry of cats with their owners. Moreover, regular offers by cat food retailers coupled with the growing trend of online retail formats has further provided impetus to the market growth.

Breakup by Product Type:

  • Dry Food
  • Wet and Canned Food
  • Snacks and Treats

Dry food is currently the most popular type of cat food in the UAE.

Breakup by Ingredient Type:

  • Animal Derivative
  • Plant Derivative
  • Cereal Derivative

Animal derivates currently represent the most popular ingredient type.

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores

Supermarkets and hypermarkets currently represent the most popular distribution channel.

Key Questions Answered:

  • How has the UAE cat food market performed so far and how will it perform in the coming years?
  • What are the popular product types in the UAE cat food market?
  • What are the key ingredient types in the UAE cat food market?
  • What are the major distribution channels in the UAE cat food market?
  • What are the price trends of cat food?
  • What are the various stages in the value chain of the UAE cat food market?
  • What are the key driving factors and challenges in the UAE cat food market?
  • What is the structure of the UAE cat food market and who are the key players?
  • What is the degree of competition in the UAE cat food market?
  • How is cat food manufactured?

For more information about this report visit https://www.researchandmarkets.com/r/2v5nkj

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005785/en/

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Related Topics:Pet Food



SOURCE: Research and Markets

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PUB: 05/07/2019 11:21 AM/DISC: 05/07/2019 11:21 AM