Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: IMARC | PRODUCT CODE: 1071087

Cover Image

PUBLISHER: IMARC | PRODUCT CODE: 1071087

Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

PUBLISHED:
PAGES: 143 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF & Excel (Single User License)
USD 2499
PDF & Excel (5 User License)
USD 3499
PDF & Excel (Corporate License)
USD 4499

Add to Cart

The global pet food market reached a value of US$ 112.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 154.04 Billion by 2027, exhibiting a CAGR of 5.42% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Over the years, the growing number of pet-owners has resulted in an extensive demand for pet food. Research and studies conducted by the manufacturers have also increased their knowledge of pet nutrition. In-line with this, they are now offering products which ensure palatability and meet the nutritional requirements of pets. Moreover, several pet food associations and federations have introduced strict legislation for the manufacturers to produce safe and high-quality pet food.

Global Pet Food Market Drivers:

  • As pet food helps in combating skin allergies and infections as well as improving the overall health and life expectancy of pets, the owners are increasingly looking for pet food products that address these health concerns. Manufacturers are also introducing products specific to the breed, age and size of pets in smaller, disposable, single-serve containers in order to offer convenience to both the pets and owners. Apart from this, pet food companies are developing organic variants which are made using ingredients that are grown without the use of pesticides, synthetic fertilizers, hormones or antibiotics. This has increased consumer's interest in natural formulations, thereby increasing the potential of the companies to further diversify their offerings.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global pet food market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on pet type, product type, pricing type, ingredient type and distribution channel.

Breakup by Pet Type:

  • Dog Food
  • Cat Food
  • Others
  • On the basis of pet type, the market is segmented into dog food, cat food and others. Currently, dog food dominates the market due to increasing dog ownership coupled with the rising pet humanization trend across the globe.

Breakup by Product Type:

  • Dry Pet Food
  • Wet and Canned Pet Food
  • Snacks and Treats
  • Based on product type, dry pet food represents the most popular product type as it is more affordable and has a long-standing market presence. Dry pet food is followed by wet and canned pet food, and snacks and treats.

Breakup by Pricing Type:

  • Mass Products
  • Premium Products
  • The market is also categorized on the basis of pricing into mass products and premium products. Amongst these, mass products account for the majority of the global sales.

Breakup by Ingredient Type:

  • Animal Derived
  • Plant Derived
  • On the basis of ingredient type, the report finds that animal derived pet food is the leading segment, followed by plant derived pet food.

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others
  • Based on distribution channel, supermarkets and hypermarkets currently hold the largest share as they offer convenience to the consumers. They are followed by specialty stores, online stores and others. Among all the distribution channels, online stores are expected to exhibit a strong growth in the coming years.

Regional Insights:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
  • Region-wise, North America enjoys the leading position in the global pet food market on account of the growing pet adoption rate in the region. Other major regions include Asia-Pacific, Europe, Latin America, and Middle East and Africa.

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

  • Mars Petcare Inc.
  • Nestle Purina Pet Care (Nestle SA)
  • Hill's Pet Nutrition
  • The J.M. Smucker Company

This report provides a deep insight into the global pet food industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a pet food manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the pet food industry in any manner. Key Questions Answered in This Report:

  • How has the global pet food market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global pet food market?
  • What has been the impact of COVID-19 on the global pet food market?
  • What are the major pet types in the global pet food market?
  • What are the various product types in the global pet food market?
  • What are the different pricing segments in the global pet food market?
  • What are the key ingredients in the global pet food market?
  • What are the major distribution channels in the global pet food market?
  • What are the price trends of pet food?
  • What are the various stages in the value chain of the global pet food market?
  • What are the key driving factors and challenges in the global pet food market?
  • What is the structure of the global pet food market and who are the key players?
  • What is the degree of competition in the global pet food market ?
  • What are the profit margins in the global pet food market ?
  • What are the key requirements for setting up a pet food manufacturing plant?
  • How is pet food manufactured?
  • What are the various unit operations involved in a pet food manufacturing plant?
  • What is the total size of land required for setting up a pet food manufacturing plant?
  • What are the machinery requirements for setting up a pet food manufacturing plant?
  • What are the raw material requirements for setting up a pet food manufacturing plant?
  • What are the packaging requirements for pet food?
  • What are the transportation requirements for pet food?
  • What are the utility requirements for setting up a pet food manufacturing plant?
  • What are the manpower requirements for setting up a pet food manufacturing plant?
  • What are the infrastructure costs for setting up a pet food manufacturing plant?
  • What are the capital costs for setting up a pet food manufacturing plant?
  • What are the operating costs for setting up a pet food manufacturing plant?
  • What will be the income and expenditures for a pet food manufacturing plant?
  • What is the time required to break-even?
Product Code: SR0422A192_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Pet Food Industry

  • 5.1 Market Overview
  • 5.2 Market Performance
    • 5.2.1 Volume Trends
    • 5.2.2 Value Trends
  • 5.3 Impact of COVID-19
  • 5.4 Price Analysis
    • 5.4.1 Key Price Indicators
    • 5.4.2 Price Structure
    • 5.4.3 Price Trends
  • 5.5 Market Breakup by Region
  • 5.6 Market Breakup by Pet Type
  • 5.7 Market Breakup by Product Type
  • 5.8 Market Breakup by Pricing Type
  • 5.9 Market Breakup by Ingredient Type
  • 5.10 Market Breakup by Distribution Channel
  • 5.11 Market Forecast
  • 5.12 Trade Data
    • 5.12.1 Imports
    • 5.12.2 Exports
  • 5.13 SWOT Analysis
    • 5.13.1 Overview
    • 5.13.2 Strengths
    • 5.13.3 Weaknesses
    • 5.13.4 Opportunities
    • 5.13.5 Threats
  • 5.14 Value Chain Analysis
    • 5.14.1 Raw Material Suppliers
    • 5.14.2 Manufacturers
    • 5.14.3 Distributors
    • 5.14.4 Exporters
    • 5.14.5 Retailers
    • 5.14.6 End-Users
  • 5.15 Porter's Five Forces Analysis
    • 5.15.1 Overview
    • 5.15.2 Bargaining Power of Buyers
    • 5.15.3 Bargaining Power of Suppliers
    • 5.15.4 Degree of Competition
    • 5.15.5 Threat of New Entrants
    • 5.15.6 Threat of Substitutes
  • 5.16 Key Market Drivers and Success Factors

6 Performance of Key Regions

  • 6.1 North America
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Europe
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Asia-Pacific
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Latin America
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Middle East and Africa
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market by Pet Type

  • 7.1 Dog Food
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Cat Food
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Others
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market by Product Type

  • 8.1 Dry Pet Food
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Wet and Canned Pet Food
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Snacks and Treats
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market by Pricing Type

  • 9.1 Mass Products
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Premium Products
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market by Ingredient Type

  • 10.1 Animal Derived
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Plant Derived
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast

11 Market by Distribution Channel

  • 11.1 Supermarkets and Hypermarkets
    • 11.1.1 Market Trends
    • 11.1.2 Market Forecast
  • 11.2 Specialty Stores
    • 11.2.1 Market Trends
    • 11.2.2 Market Forecast
  • 11.3 Online Stores
    • 11.3.1 Market Trends
    • 11.3.2 Market Forecast
  • 11.4 Others
    • 11.4.1 Market Trends
    • 11.4.2 Market Forecast

12 Competitive Landscape

  • 12.1 Market Structure
  • 12.2 Market Breakup by Key Players

13 Pet Food Manufacturing Process

  • 13.1 Product Overview
  • 13.2 Detailed Process Flow
  • 13.3 Various Types of Unit Operations Involved
  • 13.4 Mass Balance and Raw Material Requirements

14 Project Details, Requirements and Costs Involved

  • 14.1 Land Requirements and Expenditures
  • 14.2 Construction Requirements and Expenditures
  • 14.3 Plant Machinery
  • 14.4 Raw Material Requirements and Expenditures
  • 14.5 Packaging Requirements and Expenditures
  • 14.6 Transportation Requirements and Expenditures
  • 14.7 Utility Requirements and Expenditures
  • 14.8 Manpower Requirements and Expenditures
  • 14.9 Other Capital Investments

15 Loans and Financial Assistance

16 Project Economics

  • 16.1 Capital Cost of the Project
  • 16.2 Techno-Economic Parameters
  • 16.3 Product Pricing and Margins Across Various Levels of the Supply Chain
  • 16.4 Taxation and Depreciation
  • 16.5 Income Projections
  • 16.6 Expenditure Projections
  • 16.7 Financial Analysis
  • 16.8 Profit Analysis

17 Key Player Profiles

  • 17.1 Mars Petcare Inc.
  • 17.2 Nestle Purina Pet Care (Nestle SA)
  • 17.3 Hill's Pet Nutrition
  • 17.4 The J.M. Smucker Company

Product Code: SR0422A192_Report

List of Figures

  • Figure 1: Global: Pet Food Market: Major Drivers and Challenges
  • Figure 2: Global: Pet Food Market: Volume Trends (in Million Tons), 2016-2021
  • Figure 3: Global: Pet Food Market: Value Trends (in Billion US$), 2016-2021
  • Figure 4: Pet Food Market: Price Structure (in US$/Ton)
  • Figure 5: Global: Pet Food Market: Average Price Trends (in US$/Ton), 2016-2021
  • Figure 6: Global: Pet Food Market: Breakup by Region (in %), 2021
  • Figure 7: Global: Pet Food Market: Breakup by Pet Type (in %), 2021
  • Figure 8: Global: Pet Food Market: Breakup by Product Type (in %), 2021
  • Figure 9: Global: Pet Food Market: Breakup by Pricing Type (in %), 2021
  • Figure 10: Global: Pet Food Market: Breakup by Ingredient Type (in %), 2021
  • Figure 11: Global: Pet Food Market: Breakup by Distribution Channel (in %), 2021
  • Figure 12: Global: Pet Food Market Forecast: Volume Trends (in Million Tons), 2022-2027
  • Figure 13: Global: Pet Food Market Forecast: Value Trends (in Billion US$), 2022-2027
  • Figure 14: Global: Pet Food Market: Breakup by Key Players (in %)
  • Figure 15: Global: Dog and Cat Food Market: Import Volume Breakup by Country (in %), 2020
  • Figure 16: Germany: Dog and Cat Food Market: Import Volume Trends (in Tons), 2016-2020
  • Figure 17: Global: Dog and Cat Food Market: Export Volume Breakup by Country (in %), 2020
  • Figure 18: Germany: Dog and Cat Food Market: Export Volume Trends (in Tons), 2016-2020
  • Figure 19: Global: Pet Food Industry: SWOT Analysis
  • Figure 20: Global: Pet Food Industry: Value Chain Analysis
  • Figure 21: Global: Pet Food Industry: Porter's Five Forces Analysis
  • Figure 22: North America: Pet Food Market (in Billion US$), 2016 & 2021
  • Figure 23: North America: Pet Food Market Forecast (in Billion US$), 2022-2027
  • Figure 24: Europe: Pet Food Market (in Billion US$), 2016 & 2021
  • Figure 25: Europe: Pet Food Market Forecast (in Billion US$), 2022-2027
  • Figure 26: Asia Pacific: Pet Food Market (in Billion US$), 2016 & 2021
  • Figure 27: Asia Pacific: Pet Food Market Forecast (in Billion US$), 2022-2027
  • Figure 28: Latin America: Pet Food Market (in Billion US$), 2016 & 2021
  • Figure 29: Latin America: Pet Food Market Forecast (in Billion US$), 2022-2027
  • Figure 30: Middle East and Africa: Pet Food Market (in Billion US$), 2016 & 2021
  • Figure 31: Middle East and Africa: Pet Food Market Forecast (in Billion US$), 2022-2027
  • Figure 32: Global: Dog Food Market: Value Trends (in Billion US$), 2016 & 2021
  • Figure 33: Global: Dog Food Market Forecast: Value Trends (in Billion US$), 2022-2027
  • Figure 34: Global: Cat Food Market: Value Trends (in Billion US$), 2016 & 2021
  • Figure 35: Global: Cat Food Market Forecast: Value Trends (in Billion US$), 2022-2027
  • Figure 36: Global: Other Pet Food Market: Value Trends (in Billion US$), 2016 & 2021
  • Figure 37: Global: Other Pet Food Market Forecast: Value Trends (in Billion US$), 2022-2027
  • Figure 38: Global: Pet Food Market: Dried Pet Food (in Billion US$), 2016 & 2021
  • Figure 39: Global: Pet Food Market Forecast: Dried Pet Food (in Billion US$), 2022-2027
  • Figure 40: Global: Pet Food Market: Wet and Canned Pet Food (in Billion US$), 2016 & 2021
  • Figure 41: Global: Pet Food Market Forecast: Wet and Canned Pet Food (in Billion US$), 2022-2027
  • Figure 42: Global: Pet Food Market: Snacks and Treats (in Billion US$), 2016 & 2021
  • Figure 43: Global: Pet Food Market Forecast: Snacks and Treats (in Billion US$), 2022-2027
  • Figure 44: Global: Pet Food Market: Mass Products (in Billion US$), 2016 & 2021
  • Figure 45: Global: Pet Food Market Forecast: Mass Products (in Billion US$), 2022-2027
  • Figure 46: Global: Pet Food Market: Premium Products (in Billion US$), 2016 & 2021
  • Figure 47: Global: Pet Food Market Forecast: Premium Products (in Billion US$), 2022-2027
  • Figure 48: Global: Pet Food Market: Animal Derived (in Billion US$), 2016 & 2021
  • Figure 49: Global: Pet Food Market Forecast: Animal Derived (in Billion US$), 2022-2027
  • Figure 50: Global: Pet Food Market: Plant Derived (in Billion US$), 2016 & 2021
  • Figure 51: Global: Pet Food Market Forecast: Plant Derived (in Billion US$), 2022-2027
  • Figure 52: Global: Pet Food Market: Sales through Supermarkets and Hypermarkets (in Billion US$), 2016 & 2021
  • Figure 53: Global: Pet Food Market Forecast: Sales through Supermarkets and Hypermarkets (in Billion US$), 2022-2027
  • Figure 54: Global: Pet Food Market: Sales through Specialty Stores (in Billion US$), 2016 & 2021
  • Figure 55: Global: Pet Food Market Forecast: Sales through Specialty Stores (in Billion US$), 2022-2027
  • Figure 56: Global: Pet Food Market: Sales through Online Stores (in Billion US$), 2016 & 2021
  • Figure 57: Global: Pet Food Market Forecast: Sales through Online Stores (in Billion US$), 2022-2027
  • Figure 58: Global: Pet Food Market: Sales through Other Distribution Channels (in Billion US$), 2016 & 2021
  • Figure 59: Global: Pet Food Market Forecast: Sales through Other Distribution Channels (in Billion US$), 2022-2027
  • Figure 60: Pet Food Manufacturing Plant: Detailed Process Flow
  • Figure 61: Pet Food Manufacturing Process: Conversion Rate of Feedstocks
  • Figure 62: Pet Food Manufacturing Plant: Packaging Requirements
  • Figure 63: Pet Food Manufacturing Plant: Breakup of Capital Costs (in %)
  • Figure 64: Pet Food: Profit Margins at Various Levels of the Supply Chain
  • Figure 65: Pet Food Manufacturing Plant: Manufacturing Cost Breakup (in %)

List of Tables

  • Table 1: Global: Pet Food Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Pet Food Market Forecast: Breakup by Region (in Billion US$), 2022-2027
  • Table 3: Global: Pet Food Market Forecast: Breakup by Pet Type (in Billion US$), 2022-2027
  • Table 4: Global: Pet Food Market Forecast: Breakup by Product Type (in Billion US$), 2022-2027
  • Table 5: Global: Pet Food Market Forecast: Breakup by Pricing Type (in Billion US$), 2022-2027
  • Table 6: Global: Pet Food Market Forecast: Breakup by Ingredient Type (in Billion US$), 2022-2027
  • Table 7: Global: Pet Food Market Forecast: Breakup by Distribution Channel (in Billion US$), 2022-2027
  • Table 8: Global: Pet Food Market: Competitive Structure
  • Table 9: Global: Pet Food Market: Key Players
  • Table 10: Global: Dog and Cat Food Market: Export Data of Major Countries, 2020
  • Table 11: Global: Dog and Cat Food Market: Import Data of Major Countries, 2020
  • Table 12: Pet Food Manufacturing Plant: Costs Related to Land and Site Development (in US$)
  • Table 13: Pet Food Manufacturing Plant: Costs Related to Civil Works (in US$)
  • Table 14: Pet Food Manufacturing Plant: Costs Related to Milling and Mixing Machinery (in US$)
  • Table 15: Pet Food Manufacturing Plant: Costs Related to Pre-Conditioning, Extrusion and Drying Machinery (in US$)
  • Table 16: Pet Food Manufacturing Plant: Costs Related to Coating/Flavouring and Cooling Machinery (in US$)
  • Table 17: Pet Food Manufacturing Plant: Costs Related to Packaging Line Machinery (in US$)
  • Table 18: Pet Food Manufacturing Plant: Summary of Machinery Costs (in US$)
  • Table 19: Pet Food Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (in US$/Ton)
  • Table 20: Pet Food Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
  • Table 21: Pet Food Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
  • Table 22: Pet Food Manufacturing Plant: Details of Financial Assistance Offered by Financial Institutions
  • Table 23: Pet Food Manufacturing Plant: Capital Costs (in US$)
  • Table 24: Pet Food Manufacturing Plant: Techno-Economic Parameters
  • Table 25: Pet Food Manufacturing Plant: Taxation and Depreciation (in US$)
  • Table 26: Pet Food Manufacturing Plant: Income Projections (in US$)
  • Table 27: Pet Food Manufacturing Plant: Expenditure Projections (in US$)
  • Table 28: Pet Food Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
  • Table 29: Pet Food Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
  • Table 30: Pet Food Manufacturing Plant: Profit and Loss Account (in US$)
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!