The market is dominated by domestic suppliers, as imports account for 9.8% of total market size in 2022. Households drive market demand, with household spending representing 63.0% of total demand in 2022. Saudi Arabia has the fourth largest market size for pet food and animal feeds regionally, with demand reaching USD1.6 billion in 2022. Arabian Agricultural Services Co Ltd is the largest company in Saudi Arabia, generating 35.4% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 59.1% of total production value in 2022. The total number of companies increases in 2022, to 1,349 units. The costs of the industry increase by 17.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 20.8% of production value in 2022, the eighth highest regionally. The industry’s exports share decreases in 2022 to 5.4% of total production output. With production value of USD1.1 billion, Saudi Arabia accounts for 11.6% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Pet Food and Animal Feeds in Saudi Arabia: ISIC 1533. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pet Food and Animal Feeds in Saudi Arabia: ISIC 1533 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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