Market revenue in 2023 | USD 373.8 million |
Market revenue in 2030 | USD 585.9 million |
Growth rate | 6.6% (CAGR from 2023 to 2030) |
Largest segment | Therapeutic food |
Fastest growing segment | Supplements |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Therapeutic Food, Supplements |
Key market players worldwide | Mars Group Holdings Corp, Colgate-Palmolive Co, Nestle SA, NOW Foods, Virbac SA, Dechra Pharmaceuticals, Sun Pharmaceutical Industries, Neogen Corp, Masterpet, Probalance, Rolf C. Hagen, VioVet, Farmina, Drools |
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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 obesity management market will help companies and investors design strategic landscapes.
Therapeutic food was the largest segment with a revenue share of 89.43% in 2023. Horizon Databook has segmented the Middle East & Africa pet obesity management market based on therapeutic food, supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The MEA pet obesity management market is influenced by several characteristics unique to its countries, such as Saudi Arabia, Kuwait, the United Arab Emirates, and South Africa. The market in South Africa is driven by the realization that obesity is a major health issue, further exacerbated by the conduct of pet parents, as overweight pets are more prone to numerous ailments.
To encourage appropriate management, October is recognized as Pet Obesity Month. Despite such efforts, there is still a serious issue known as the Fat Gap, when pet parents frequently mistake their overweight pets as normal or healthy.
Rapid urbanization, changing views among pet owners regarding their animals as important family members, and other cultural, economic, and lifestyle variables are driving the MEA pet obesity management market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa pet obesity management market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pet obesity management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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