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Pet Food - Uganda

Uganda
  • Revenue in the Pet Food market amounts to US$63.51m in 2024. The market is expected to grow annually by 10.38% (CAGR 2024-2029).
  • In global comparison, most revenue is generated United States (US$60bn in 2024).
  • In relation to total population figures, per person revenues of US$1.27 are generated in 2024.
  • In the Pet Food market, volume is expected to amount to 76.04m kg by 2029. The Pet Food market is expected to show a volume growth of 6.4% in 2025.0.
  • The average volume per person in the Pet Food market is expected to amount to 1.2kg in 2024.

Definition:

The Pet Food market covers food that has been specifically created to meet the nutritional requirements of domesticated animals, including dogs, cats, as well as feed products for other less common house pets such as rodents and reptiles. Various components that supply vital nutrients for the animal’s health and wellness are often included in pet food.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Dog food
  • Cat food
  • Food for other house pets (rodents, reptiles, birds etc)

Out-Of-Scope

  • Feeds for farm animals
  • Pet supplement
  • Out-of-home consumption
Pet Food: market data & analysis - Cover

Market Insights report

Pet Food: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Pet Food Market in Uganda is facing subdued growth due to various factors such as limited disposable income and consumer preference for traditional food options. Despite this, the market is expected to grow due to increasing pet ownership and rising health consciousness among consumers. Convenience offered by online shopping and availability of premium pet food products are also contributing to the market's growth.

    Customer preferences:
    In the Pet Food Market within The Food market in Uganda, there has been a noticeable increase in demand for organic and natural pet food products. This trend is driven by a growing awareness of the health benefits of these products and a desire for more environmentally sustainable options. Additionally, there has been a shift towards human-grade pet food as consumers view their pets as family members and are willing to pay a premium for higher quality ingredients. This trend reflects a cultural shift towards treating pets as valued companions and a growing demand for healthier and more ethical food options.

    Trends in the market:
    In Uganda, the Pet Food Market within The Food market is experiencing a surge in demand for premium and organic pet food products. This trend is being driven by a growing awareness among consumers about the importance of providing high-quality nutrition to their pets. Additionally, there is a rising trend of pet owners seeking out specialized and customized pet food options for their furry companions. This trajectory is significant as it presents opportunities for industry stakeholders to tap into the growing demand for premium pet food products. It also underscores the potential for innovation and differentiation within the market. However, it also poses challenges for smaller players who may struggle to compete with larger companies that have the resources to invest in research and development. Overall, the current trend of premiumization and customization in the Pet Food Market in Uganda has the potential to drive growth and profitability for industry stakeholders, but it also highlights the need for strategic planning and differentiation to stay competitive in the market.

    Local special circumstances:
    In Uganda, the Pet Food Market is heavily influenced by the country's agricultural landscape. With a large portion of the population engaged in farming, locally sourced ingredients are highly valued in pet food products. Additionally, cultural beliefs and practices play a significant role in the market. For example, traditional beliefs about animal welfare and feeding habits may impact consumer preferences and purchasing decisions. Furthermore, regulatory policies on import and export of animal products also shape the availability and pricing of pet food in Uganda's market.

    Underlying macroeconomic factors:
    The Pet Food Market within The Food market in Uganda is heavily influenced by macroeconomic factors such as the country's economic stability and government policies. For instance, the growth of the market can be impacted by changes in global economic trends, such as trade agreements and tariffs, which can affect the cost of importing and exporting pet food products. Moreover, the national economic health of Uganda, including GDP growth and inflation rates, can impact consumer spending and ultimately, the demand for pet food products. Fiscal policies, such as taxes and subsidies, can also affect the overall profitability and competitiveness of the market. Therefore, it is crucial to consider these macroeconomic factors when assessing the performance and potential of the Pet Food Market in Uganda.

    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.

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    Pet Food: market data & analysis - BackgroundPet Food: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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