South Africa Pet Food Market Size & Outlook, 2022-2030
South Africa pet food market, 2018-2030 (US$M)
Related Markets
South Africa pet food market highlights
- The South Africa pet food market generated a revenue of USD 137.3 million in 2022 and is expected to reach USD 183.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
Pet food market data book summary
| Market revenue in 2022 | USD 137.3 million |
| Market revenue in 2030 | USD 183.7 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | |
| Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.1% of the global pet food market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia pet food market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,151.8 million by 2030.
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Pet Food Market Scope
Pet Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa pet food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet food market will help companies and investors design strategic landscapes.
The adoption and purchase of pets, including dog, cats, reptiles, birds, and fishes, in South Africa witnessed a significant increase post covid thus increasing the demand for pet food. In order to fulfill the increasing demand market players such as Food Corp Pty. Ltd., RCL Foods, Mars Africa Pty. Ltd., and Martin & Martin, have enhanced the market expansion in the country.
Specialty pet food stores, supermarkets, and retailers are some of the prominent pet food distribution channels; however, online retail stores have gained prominence amid the outbreak of COVID-19.
Lack of awareness and high costs of pet foods are some of the factors that are likely to restrain the demand for pet food. Leftovers and homemade food are dominant when compared to processed pet food in the region.
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Target buyers of South Africa pet food market databook
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Our clientele includes a mix of pet food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa pet food market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa Pet Food Market Outlook Share, 2022 & 2030 (US$M)
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