New market study, "Other Pet Food in Saudi Arabia", has been published

From: Fast Market Research, Inc.
Published: Fri Dec 19 2014

Other pet food is expected to register a similar pace of growth in 2014 due to no significant activity from manufacturers or retailers. Growth will be largely dependent on the development of the other pet population, with many such pets mainly kept to enhance home or workplace décor. Consumers have not yet shown any great interest in keeping these animals as pets, and thus it will remain a niche.

Competitive Landscape

2014 is not expected to witness any significant changes in the competitive landscape. Owing to limited demand for these products, manufacturers are not expected to engage in any significant activities, with sales mostly driven by the growing number of pet shops stocking a wider variety of products. Low demand will also discourage the entry of new manufacturers.

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Industry Prospects

Over the next few years other pets such as birds, fish, rabbits, hamsters and turtles are expected to increase in number as the growing number of pet shops will likely introduce newer species. Demand for these pets may rise in future as society inches towards westernisation and locals learn more about taking care of such pets. Furthermore, the country’s population is expected to maintain a robust growth rate, which will result in newer neighbourhoods and new households. As some other pets such as birds and fish are mostly purchased for ornamental purposes in homes, national population growth should also lead to an increase in their populations. Hence, it is expected that forecast period growth will be slightly higher than that of review period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Other Pet Food industry in Saudi Arabia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Other Pet Food industry in Saudi Arabia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Other Pet Food in Saudi Arabia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Other Pet Food in Saudi Arabia?
* What are the major brands in Saudi Arabia?

About Fast Market Research

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