Saudi Arabia Pet Obesity Management Market Size & Outlook
Saudi Arabia pet obesity management market, 2018-2030 (US$M)
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Saudi Arabia pet obesity management market highlights
- The Saudi Arabia pet obesity management market generated a revenue of USD 41.0 million in 2023 and is expected to reach USD 66.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, therapeutic food was the largest revenue generating by product in 2023.
- Supplements is the most lucrative by product segment registering the fastest growth during the forecast period.
Pet obesity management market data book summary
| Market revenue in 2023 | USD 41.0 million |
| Market revenue in 2030 | USD 66.5 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic food |
| Fastest growing segment | Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.4% of the global pet obesity management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa pet obesity management market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4.3 million by 2030.
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Pet Obesity Management Market Scope
Pet Obesity Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia pet obesity management 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 obesity management market will help companies and investors design strategic landscapes.
Therapeutic food was the largest segment with a revenue share of 89.02% in 2023. Horizon Databook has segmented the Saudi Arabia pet obesity management market based on therapeutic food, supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The Saudi Arabia pet obesity management market is primarily driven by the country's rapid urbanization and changing lifestyle. There has been a noticeable trend toward sedentary lifestyles among pet owners and their animals due to the country's economic growth & urbanization.
Pets in cities typically have less active lifestyles, and high-calorie pet food is readily available. This shift in lifestyle has led to an increase in the prevalence of obesity in pets, which has raised the need for efficient obesity management therapies, such as specific diets & supplements.
Furthermore, there is a notable cultural shift in Saudi Arabia, where people consider dogs important family members. Pet owners are more conscious of the importance of their pets' health and well-being due to this shift in perception of pets as cherished companions.
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Our clientele includes a mix of pet obesity management 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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia pet obesity management market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia pet obesity management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia pet obesity management market outlook size, by by product, 2018-2030 (US$M)
Saudi Arabia Pet Obesity Management Market Outlook Share, 2023 & 2030 (US$M)
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