PETWORLD ARABIA 2021

Dubai World Trade Centre, UAE

Global Market Overview

Global Pet Food Market

  • Valued USD 87.08 billion in 2018
  • Projected to reach USD 98 billion by 2024
  • India could reach USD 270 million by end 2019
  • Expected to register CAGR of 5.4% during 2019 – 2024
  • North America is the largest market for pet food followed by Western Europe, Asia-Pacific, Latin America, Eastern Europe, Middle East and Africa
  • Key drivers in this market is the increasing pet humanization, pet ownership, emerge of private label store brands and growing urbanization

Global Accessories Market

  • Expected to reach USD 19 Billion by 2019
  • Anticipated to reach USD 22 Billion by end of 2023
  • Year over year growth rate of 2019 is estimated 5.8%
  • Key drivers Fashionable and Multi-functional Pet Accessories
  • Key drivers Fashionable and Multifunctional Pet Accessories
  • Housing & Bedding segment accounted for the highest market share of 35% to the global market
  • Among dogs, cats, fish and birds, the majority of the people (around 34%) across the world have dogs which is a major reason behind the dominant share of dogs food & accessories segment in the market

MENA Region Overview

United Arab Emirates

  • Euromonitor.com reported 14% population in UAE are 6% cat and 8% dog owners, with an estimated 1.3 million pets
  • IMARC’s group latest report finds that UAE Pet Food Market reached a value of USD 55 Million in 2018
  • Dubai alone have over 550 pet shops
  • BY 2024 the Pet Food Market is projected to reach a value of USD 79 Million, expanding at CAGR of 6% during 2019 - 2024

Middle East & GCC

  • GCC Pet Food Market reached USD 130.3 Million in 2018 and is projected to reach 190.7 Million by 2024 expanding at CAGR of 9.9% during 2019 – 2024
  • Middle East alone anticipated to grow at a CAGR of 5.6% from 2014 to 2020
  • Middle East Pet Food Market is projected to reach 6.13 Billion by 2023 with a CAGR of 4.32% 2018 – 2023
  • Middle East and Africa pet food market has been estimated at USD 4.96 Billion in 2019 and is projected to reach USD 6.13 Billion by 2024, at a CAGR of 4.32 during the forecast period from 2019 to 2024
  • Middle East and Africa veterinary vaccines market to reach around $ 550.84 million in 2022, growing at a compound annual growth rate of 7.1 % whose worth was $ 365 million in 2015
  • Middle-East & Africa pet care market will grow at a more CAGR than Europe and Asia-Pa

Global Pet Care Market

  • To grow by USD 42.60 Billion during 2018 – 2022
  • Expected to witness CAGR of 5.2% from 2019 – 2025
  • Pet Care service market was valued over USD 55.76 Billion in 2018
  • Distribution of global Pet Care products via stores was valued at 130.02 Billion in 2018
  • Global Pet Grooming Products market was valued at US$3.87 Billion n in 2017 and will reach US$5.88 Billion by the end of 2025, growing at a CAGR of 4.5% during 2018-2025
  • Global Pet Care Market reached over US$ 55 Billion in 2018
  • The veterinary vaccines market was valued at USD 7
  • 2 Billion in 2018 and is expected to register a CAGR of about 5.78%, during the forecast period, 2019-2024