Pet Food - Qatar

Qatar

Revenue in the Pet Food market amounts to US$178.20m in 2024. The market is expected to grow annually by 4.87% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (US$59,740m in 2024).
In relation to total population figures, per person revenues of US$58.45 are generated in 2024.
In the Pet Food market, volume is expected to amount to 77.18m kg by 2029. The Pet Food market is expected to show a volume growth of 3.4% in 2025.
The average volume per person in the Pet Food market is expected to amount to 21.6kg in 2024.

Key regions: Russia, Spain, Philippines, United Kingdom, India

Market

Region

Region comparison

Currency

Analyst Opinion

The Pet Food Market in Qatar is currently experiencing minimal growth, impacted by factors such as limited disposable income and high prices. Despite this, the market is expected to see steady growth due to increasing pet ownership and a shift towards premium and organic pet food options.

Customer preferences: As pet ownership continues to rise in Qatar, consumers are becoming more conscious about the health and wellness of their furry companions. This has led to a growing demand for natural and organic pet food products, as well as those with specific health benefits. Additionally, with the increasing use of social media and influencer marketing, pet owners are also looking for aesthetically pleasing and Instagram-worthy pet food options. This trend is expected to continue as pet owners become more invested in their pets' overall well-being and seek out products that align with their own values and lifestyle choices.

Trends in the market: In Qatar, the Pet Food Market is currently experiencing a rise in demand for organic and natural pet food products, as pet owners become more health-conscious and seek high-quality options for their furry companions. This trend is expected to continue, with a projected increase in pet ownership and a growing focus on pet health and wellness. This has significant implications for industry stakeholders, as they may need to adapt their product offerings and marketing strategies to cater to this emerging trend. Additionally, with the rise of e-commerce in Qatar, online sales of pet food are expected to grow, providing new opportunities for businesses in the Pet Food Market.

Local special circumstances: In Qatar, the Pet Food Market is heavily influenced by the country's rich culture and tradition of animal care. The pet ownership rate is high, and pet owners are willing to spend on high-quality pet food products. Additionally, the country's strict regulations on imported pet food ensure the safety and quality of products in the market. Moreover, Qatar's growing expat population has also contributed to the demand for specialized pet food products, catering to the different dietary needs of pets from different countries.

Underlying macroeconomic factors: The Pet Food Market in Qatar is heavily influenced by macroeconomic factors such as the country's economic growth, consumer spending habits, and government policies. Qatar's stable economy and high per capita income have led to an increase in pet ownership and spending on pet food products. Additionally, the government's focus on promoting a healthy lifestyle and increasing awareness about pet nutrition has also contributed to the growth of the Pet Food Market. Furthermore, the country's strategic location and growing trade relations with other countries have facilitated the import of high-quality pet food products, further driving market growth.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.