Market Overview:
The global pet food market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing trend of pet humanization, rising disposable income, and growing awareness about animal health and nutrition. The dry food segment is expected to dominate the global pet food market during the forecast period owing to its benefits such as easy storage and long shelf life. However, wet food is projected to grow at a higher CAGR during the forecast period due to its nutritional value and convenience offered over dry foods.
Product Definition:
A type of animal feed that is made specifically for consumption by pets, usually consisting of processed meat, grains, and other ingredients. Pet food is an important part of the diet of many animals and helps to ensure their health and well-being.
Dry food:
Dry food is a type of pet food that contains very less or no moisture. It is also known as semi-moist or hard food. Dry foods are available in different forms such as biscuits, pieces, and powder etc. The major function of dry foods is to provide essential nutrients to the pets with fewer water interactions which makes it more durable for the pets and reduces the opportunity for bacterial growth on their teeth.
Wet food:
Wet food is a type of pet food that is prepared with the addition of water to the basic ingredients. The primary reason for adding water to this product is so that the actual nutrients can be consumed by pets and not just a portion of it. Wet foods are available in different forms such as biscuits, pieces, and nuggets among others.
Application Insights:
The pet dog segment accounted for the largest revenue share of around 40.0% in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing pet adoption, coupled with rising disposable income among households in developing countries such as China, India and Brazil. For instance, according Petfood Industry Trends Report 2018 states that 77% of dogs are owned by single households in India while 63% of dogs are owned by single-family homes in U.K., thus driving demand for premium quality food products for pets such as wet and dry foods across various regions globally.
The pet cat application segment is expected to witness a CAGR exceeding 8% from 2018 to 2030 owing to their unique dietary needs being met by specific food products alone; this factor will drive product demand over the forecast period globally without fail.
Regional Analysis:
North America dominated the global pet food market in 2017. The growing trend of pet adoption is boosting the demand for premium quality and healthy dog and cat food products in this region. According to APPA, there were 78 million U.S.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing disposable income levels among middle-class income groups, which has resulted into a rise in consumer spending on luxury items including pets’ food and accessories over past few years.
The Middle East & Africa market was valued at USD X billion as per 2016 data published by Nestl© Pet Nutrition (UAE).
Growth Factors:
- Increasing pet ownership – The pet food market is expected to grow as the global population increases and more people adopt pets. In particular, the market for premium pet food is expected to grow as consumers become more affluent and are willing to spend more on their pets’ diets.
- Rising awareness of animal health – There has been a growing awareness of the importance of animal health in recent years, which has led to an increase in spending on pet food products that improve nutrition and overall well-being.
- Growing demand for natural/organic products – A growing number of consumers are looking for organic or all-natural pet foods, which has led to an increase in demand for these types of products. This trend is likely to continue in the years ahead as consumers become increasingly concerned about the quality and safety of their food choices.
- Proliferation of new product varieties – Pet food manufacturers have responded to consumer demand by introducing a wide variety of new product lines, including grain-free options, freeze-dried foods, and “superfoods” like kale and chia seeds. This trend is likely to continue as manufacturers seek ways differentiate their brands from competitors’ offerings . 5) Technological advancements -The developmentofnewtechnologieshasallowedpetfoodmanufacturerstousemorenaturalingredientsinpetfoodproductsandalsoprovidebetterqualityandsafetycontrolovertheirproductionprocesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Food Market Research Report
By Type
Dry food, Wet food
By Application
Pet Dog, Pet Cat, Others
By Companies
Mars, Nestle Purina, Big Heart, Colgate, Diamond pet foods, Blue Buffalo, Heristo, Unicharm, Mogiana Alimentos, Affinity Petcare, Nisshin Pet Food, Total Alimentos, Ramical, Butcher’s, MoonShine, Big Time, Yantai China Pet Foods, Gambol, Paide Pet Food, Wagg
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Pet Food Market Report Segments:
The global Pet Food market is segmented on the basis of:
Types
Dry food, Wet food
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
Pet Dog, Pet Cat, 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:
- Mars
- Nestle Purina
- Big Heart
- Colgate
- Diamond pet foods
- Blue Buffalo
- Heristo
- Unicharm
- Mogiana Alimentos
- Affinity Petcare
- Nisshin Pet Food
- Total Alimentos
- Ramical
- Butcher’s
- MoonShine
- Big Time
- Yantai China Pet Foods
- Gambol
- Paide Pet Food
- Wagg
Highlights of The 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
- By Application:
- Pet Dog
- Pet Cat
- 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 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?
Pet food is a type of food that is specifically designed to be eaten by pets. It can be made from a variety of ingredients, including meat, grains, and vegetables.
Some of the major players in the pet food market are Mars, Nestle Purina, Big Heart, Colgate, Diamond pet foods, Blue Buffalo, Heristo, Unicharm, Mogiana Alimentos, Affinity Petcare, Nisshin Pet Food, Total Alimentos, Ramical, Butcher¢â‚¬â„¢s, MoonShine, Big Time, Yantai China Pet Foods, Gambol, Paide Pet Food, Wagg.
The pet food market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pet Food Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pet Food Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pet Food Market - Supply Chain
4.5. Global Pet Food Market Forecast
4.5.1. Pet Food Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pet Food Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pet Food Market Absolute $ Opportunity
5. Global Pet Food Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pet Food Market Size and Volume Forecast by Type
5.3.1. Dry food
5.3.2. Wet food
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pet Food Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pet Food Market Size and Volume Forecast by Application
6.3.1. Pet Dog
6.3.2. Pet Cat
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pet Food Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pet Food Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pet Food Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pet Food Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pet Food Demand Share Forecast, 2019-2026
9. North America Pet Food Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pet Food Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pet Food Market Size and Volume Forecast by Application
9.4.1. Pet Dog
9.4.2. Pet Cat
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pet Food Market Size and Volume Forecast by Type
9.7.1. Dry food
9.7.2. Wet food
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pet Food Demand Share Forecast, 2019-2026
10. Latin America Pet Food Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pet Food Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pet Food Market Size and Volume Forecast by Application
10.4.1. Pet Dog
10.4.2. Pet Cat
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pet Food Market Size and Volume Forecast by Type
10.7.1. Dry food
10.7.2. Wet food
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pet Food Demand Share Forecast, 2019-2026
11. Europe Pet Food Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pet Food Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pet Food Market Size and Volume Forecast by Application
11.4.1. Pet Dog
11.4.2. Pet Cat
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pet Food Market Size and Volume Forecast by Type
11.7.1. Dry food
11.7.2. Wet food
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pet Food Demand Share, 2019-2026
12. Asia Pacific Pet Food Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pet Food Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pet Food Market Size and Volume Forecast by Application
12.4.1. Pet Dog
12.4.2. Pet Cat
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pet Food Market Size and Volume Forecast by Type
12.7.1. Dry food
12.7.2. Wet food
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pet Food Demand Share, 2019-2026
13. Middle East & Africa Pet Food Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pet Food Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pet Food Market Size and Volume Forecast by Application
13.4.1. Pet Dog
13.4.2. Pet Cat
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pet Food Market Size and Volume Forecast by Type
13.7.1. Dry food
13.7.2. Wet food
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pet Food Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pet Food Market: Market Share Analysis
14.2. Pet Food Distributors and Customers
14.3. Pet Food Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mars
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle Purina
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Big Heart
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Colgate
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Diamond pet foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Blue Buffalo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Heristo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Unicharm
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mogiana Alimentos
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Affinity Petcare
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nisshin Pet Food
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Total Alimentos
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ramical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Butchers
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. MoonShine
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Big Time
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yantai China Pet Foods
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Gambol
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Paide Pet Food
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Wagg
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
