Business · Companies · 11 hrs ago

Saudi Arabia’s pet market grows as local manufacturers expand

Saudi Arabia’s pet market grows as local manufacturers expand

Saudi Arabia’s pet market is expanding as demand grows for food, medicines and veterinary care.

International brands are entering the market, and one company said its sales were 150% higher than in the year it launched.

Local manufacturers are building capacity to meet demand and reduce reliance on imports.

One Saudi pet-food company, Solouqi, says its products use local ingredients and that it is expanding its factory.

It plans to begin exporting within six months, targeting Gulf and international markets.

Import delays can last up to a month, prompting some businesses to increase their stocks.

Veterinary services are also growing, with more than 75 clinics operated by the National Agricultural Services Company and virtual consultations available.

1 source

Related

What people are saying

Ahmed SuleimanProducts manager at South Korean company Invita
The number of products in the food, medicine, nutritional supplements and accessories sectors grows annually by no less than 20% compared with previous years.
via Al Eqtisadiah
Princess Reem bint Mansour Al SaudCo-founder of Saluki
The company has recently obtained the Saudi Made certificate and is working to expand its factory in preparation for starting exports within no more than 6 months.
via Al Eqtisadiah
Ahmed Al-AbadiOwner of Ornamental Birds World
Delays in the arrival of shipments have ranged recently between 15 and 20 days, and in some cases may reach a month.
via Al Eqtisadiah