Middle East & Africa Pet Nutraceuticals Market Size & Outlook
The pet nutraceuticals market in Middle East & Africa is expected to reach a projected revenue of US$ 232.0 million by 2030. A compound annual growth rate of 6.7% is expected of Middle East & Africa pet nutraceuticals market from 2024 to 2030.
Revenue, 2023 (US$M)
$147.6
Forecast, 2030 (US$M)
$232.0
CAGR, 2024 - 2030
6.7%
Report Coverage
Middle East & Africa
Middle East Africa Pet Nutraceuticals Market, 2018-2030 (US$M)
Global Market
Related Markets
MEA pet nutraceuticals market highlights
- The MEA pet nutraceuticals market generated a revenue of USD 147.6 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, vitamins and minerals was the largest revenue generating ingredient in 2023.
- Prebiotics & Probiotics is the most lucrative ingredient segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 147.6 million |
| Market revenue in 2030 | USD 232.0 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins and minerals |
| Fastest growing segment | Prebiotics & Probiotics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins and Minerals, Anti-oxidants, Milk Bioactives, Omega-3 Fatty Acids, Prebiotics & Probiotics, Dietary Fiber, Proteins and Peptides, Other Ingredients |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.2% of the global pet nutraceuticals market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,607.9 million by 2030.
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Pet Nutraceuticals Market Scope
Pet Nutraceuticals Market segmentation & scope
Pet Nutraceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
Middle East & Africa Pet Nutraceuticals Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pet Nutraceuticals Market Outlook will help companies and investors design strategic landscapes.
Vitamins And Minerals was the largest segment with a revenue share of 27.1% in 2023.
Horizon Databook has segmented the Middle East & Africa pet nutraceuticals market based on vitamins and minerals, anti-oxidants, milk bioactives, omega-3 fatty acids, prebiotics & probiotics, dietary fiber, proteins and peptides, other ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Pet Nutraceuticals Market Ingredient Outlook (Revenue, USD Million , 2018-2030)
- Vitamins and Minerals
- Anti-oxidants
- Milk Bioactives
- Omega-3 Fatty Acids
- Prebiotics & Probiotics
- Dietary Fiber
- Proteins and Peptides
- Other Ingredients
- Middle East & Africa Pet Nutraceuticals Market Pet Type Outlook (Revenue, USD Million , 2018-2030)
- Dogs
- Cats
- Other Pet Type
- Middle East & Africa Pet Nutraceuticals Market Application Outlook (Revenue, USD Million , 2018-2030)
- Skin & Coat
- Hip & Joint
- Digestive Health
- Immune Support
- Weight Management
- Oral/Dental Health
- Heart Health
- Cognitive Function
- Calming/ Anxiety & Stress Relief
- Muscle & Performance
- Eye Health
- Kidney & Liver Support
- Multivitamins
- Allergy Relief
- Middle East & Africa Pet Nutraceuticals Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Pet Nutraceuticals Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Pet Nutraceuticals Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Pet Nutraceuticals Market, 2018-2030 (US$M)
MEA pet nutraceuticals market statistics, by ingredient, 2018-2030 (US$M)
