The market is dominated by domestic suppliers, as imports account for 13.0% of total market size in 2023. Households drive market demand, with household spending representing 52.9% of total demand in 2023. Saudi Arabia has the fourth largest market size for pet food and animal feeds regionally, with demand reaching USD1.3 billion in 2023. Arabian Agricultural Services Co Ltd is the largest company in Saudi Arabia, generating 35.6% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 59.5% of total production value in 2023. The total number of companies increases in 2023, to 1,355 units. The costs of the industry decrease by 4.6% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 19.5% of production value in 2023, the ninth highest regionally. The industry’s exports share increases in 2023 to 7.6% of total production output. With production value of USD945 million, Saudi Arabia accounts for 9.7% of the Middle East and North Africa total in 2023.
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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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