Market Overview:
The global vegan pet food market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of vegan pet food, rising disposable income, and growing demand for healthy and organic pet food products. The global vegan pet food market is segmented on the basis of type into dry food, wet food, and others. The dry food segment is expected to dominate the global vegan petfood market duringthe forecast period owingto its high nutritional valueand long shelf life.
Product Definition:
Vegan pet food is made without any animal ingredients or by-products. There are a number of reasons why people might choose to feed their pets vegan food, including ethical concerns, health benefits, and environmental concerns. Some people believe that feeding pets a vegan diet is the most humane option, as it eliminates the need to exploit animals for their meat or other products. Others believe that a vegan diet can be healthier for pets than traditional diets based on meat and animal by-products.
Dry Food:
Dry food is a type of pet food that contains very little or no moisture. The primary reason for the growth of this market is due to growing awareness among consumers about the health benefits associated with it. Dry foods are more palatable and have less chances of causing gastrointestinal (GI) problems such as diarrhea, which may be life-threatening to pets.
Wet Food:
Wet food is a type of pet food that is prepared with the help of high-pressure processing (HPP), which preserves and enhances the nutritional value of ingredients. The product was initially designed for human consumption, however, it has found its way into the diets of various animals as well. Wet food contains a higher amount of water content compared to its dry counterparts; this property helps keep things cool during cooking and makes it easier to feed to pets with hydration issues.
Application Insights:
The specialty stores segment held the largest share of over 40.0% in 2017. The specialty stores offer a wide range of vegan pet food products, which are sold through online channels as well as offline retail outlets. Specialty stores cater to a niche market and have an extensive product portfolio that is different from that offered by supermarkets and hypermarkets. These retailers provide personalized service to their customers by understanding their requirements and providing appropriate solutions for them, thereby driving the demand for vegan pet food among others segments such as supermarkets and hypermarkets, speciality stores or online retailing platforms globally.
Online retailing has emerged as another promising channel for the distribution of vegan pet foods across regions with growing penetration rates in countries such as India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years due to increasing awareness among pet owners, high disposable income and advanced veterinary healthcare system in U.S., Canada, and Mexico. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing to growing demand for premium vegan pet food products from countries such as China, Japan, India, South Korea & Australia coupled with rising number of cat cafes across various cities including Tokyo; Hong Kong; Singapore; Beijing & Shanghai. Moreover it has been observed that a large number of pets are adopted by single people in Asian countries which will boost product sales over next eight years or so.
The European market also accounted for a significant share of revenue owing their high animal welfare standards regarding treatment towards animals at factory farms along with bans on battery cages for egg-laying hens.
Growth Factors:
- Increasing awareness about the benefits of vegan pet food
- Rising demand for organic and natural pet food
- Growing trend of veganism among people
- Proliferation of online retailing that offers a wide variety of vegan pet food products at competitive prices
- Availability of plant-based protein sources that are suitable for pets
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegan Pet Food Market Research Report
By Type
Dry Food, Wet Food, Others
By Application
Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others
By Companies
Antos B.V., Benevo, Bond Pet Foods, Inc., V-dog, Soopa Pets, Vegan4dogs, Wild Earth, Yarrah, Isoropimene Zootrofe Georgios Tsappis Ltd., Halo Pets
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Vegan Pet Food Market Report Segments:
The global Vegan Pet Food market is segmented on the basis of:
Types
Dry Food, Wet Food, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Antos B.V.
- Benevo
- Bond Pet Foods, Inc.
- V-dog
- Soopa Pets
- Vegan4dogs
- Wild Earth
- Yarrah
- Isoropimene Zootrofe Georgios Tsappis Ltd.
- Halo Pets
Highlights of The Vegan Pet Food Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Food
- Wet Food
- Others
- By Application:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vegan Pet Food Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vegan pet food is a type of pet food that does not contain any animal products. This includes meat, poultry, fish, eggs and dairy products.
Some of the major companies in the vegan pet food market are Antos B.V., Benevo, Bond Pet Foods, Inc., V-dog, Soopa Pets, Vegan4dogs, Wild Earth, Yarrah, Isoropimene Zootrofe Georgios Tsappis Ltd., Halo Pets.
The vegan pet food market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vegan Pet Food Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Vegan Pet Food Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vegan Pet Food Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Vegan Pet Food Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Vegan Pet Food Market Size & Forecast, 2018-2028 4.5.1 Vegan Pet Food Market Size and Y-o-Y Growth 4.5.2 Vegan Pet Food Market Absolute $ Opportunity
Chapter 5 Global Vegan Pet Food Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vegan Pet Food Market Size Forecast by Type
5.2.1 Dry Food
5.2.2 Wet Food
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vegan Pet Food Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vegan Pet Food Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Specialty Stores
6.2.3 Online Retail
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vegan Pet Food Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vegan Pet Food Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vegan Pet Food Analysis and Forecast
9.1 Introduction
9.2 North America Vegan Pet Food Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vegan Pet Food Market Size Forecast by Type
9.6.1 Dry Food
9.6.2 Wet Food
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vegan Pet Food Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Specialty Stores
9.10.3 Online Retail
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vegan Pet Food Analysis and Forecast
10.1 Introduction
10.2 Europe Vegan Pet Food Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vegan Pet Food Market Size Forecast by Type
10.6.1 Dry Food
10.6.2 Wet Food
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vegan Pet Food Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Specialty Stores
10.10.3 Online Retail
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vegan Pet Food Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vegan Pet Food Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vegan Pet Food Market Size Forecast by Type
11.6.1 Dry Food
11.6.2 Wet Food
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vegan Pet Food Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Specialty Stores
11.10.3 Online Retail
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vegan Pet Food Analysis and Forecast
12.1 Introduction
12.2 Latin America Vegan Pet Food Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vegan Pet Food Market Size Forecast by Type
12.6.1 Dry Food
12.6.2 Wet Food
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vegan Pet Food Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Specialty Stores
12.10.3 Online Retail
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vegan Pet Food Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vegan Pet Food Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vegan Pet Food Market Size Forecast by Type
13.6.1 Dry Food
13.6.2 Wet Food
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vegan Pet Food Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Specialty Stores
13.10.3 Online Retail
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vegan Pet Food Market: Competitive Dashboard
14.2 Global Vegan Pet Food Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Antos B.V.
14.3.2 Benevo
14.3.3 Bond Pet Foods, Inc.
14.3.4 V-dog
14.3.5 Soopa Pets
14.3.6 Vegan4dogs
14.3.7 Wild Earth
14.3.8 Yarrah
14.3.9 Isoropimene Zootrofe Georgios Tsappis Ltd.
14.3.10 Halo Pets