Global PET Food Market Forecast 2023-2032

The global pet food market is expected to project a CAGR of 7.72% during the forecast period, 2023-2032. The market growth factors include the increasing consumer expenditure on pet food, the rising demand for therapeutic pet food, and the huge demand for organic and premium pet food.

MARKET INSIGHTS

Pet food is sold in supermarkets and pet stores and is in accordance with the animal types and their consumption habits. Pets are increasingly prioritized and pampered in families. As a result, there is a rising demand for branded beauty products, natural & premium products, and healthcare products with regard to pets. In addition, given the specific health concerns, pet owners are likely to demand special food types according to breed, age, lifestyle, and size.

Besides, several consumers prefer treats and snacks that are preservative-free and contain healthy ingredients like cereals and fruits. This is because consumers are increasingly aware of organic foods and their benefits for pets. These are highly preferred despite their higher prices than regular food, also attributed to the pet humanization trend. Such factors drive the global pet food market growth. However, the market growth is restrained by the high costs of raw materials.

REGIONAL INSIGHTS

The global pet food market growth analysis includes the geographical assessment of North America, Europe, Asia-Pacific, and Rest of World. Given the surging pet adoption, North America is the highest revenue-generating region in the global market.

COMPETITIVE INSIGHTS

The market rivalry is high. However, the market offers a competitive advantage to players due to pricing and novel ingredients. Nestle Purina PetCare Ltd, Mars Petcare Ltd, JM Smucker Company, Hill's Pet Nutrition Inc, etc., are among the leading companies in the market.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 3107

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
- 2.5.1. GROWTH OF ORGANIC PET FOOD
- 2.5.2. SUSTAINABILITY ISSUE ADDRESSED BY LEADING PLAYERS

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. HIGH DEMAND FOR PREMIUM AND ORGANIC PET FOOD
- 3.1.2. RISING DEMAND FOR THERAPEUTIC PET FOOD
- 3.1.3. GROWING CONSUMER SPENDING ON PET FOOD
3.2. KEY RESTRAINTS
- 3.2.1. PRODUCTION AND SUPPLY CHAIN THREATS
- 3.2.2. SHIFTING CONSUMER PERCEPTION REGARDING PET FOOD AND PET OBESITY

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
- 4.6.1. RAW MATERIAL SUPPLIER
- 4.6.2. MANUFACTURER
- 4.6.3. DISTRIBUTION CHANNELS
- 4.6.4. END-USERS
4.7. KEY BUYING CRITERIA
- 4.7.1. PRODUCT TYPE
- 4.7.2. PRODUCT QUALITY
- 4.7.3. PRICE
- 4.7.4. BRAND
- 4.7.5. PACKAGING

5. MARKET BY FOOD TYPE

5.1. MARKET BY FOOD TYPE (BY CONTENT)
- 5.1.1. DRY FOOD
- 5.1.2. WET FOOD
- 5.1.3. OTHER FOOD TYPES
5.2. MARKET BY FOOD TYPE (BY ANIMAL)
- 5.2.1. DOG PET FOOD
  - 5.2.1.1. WET DOG FOOD
  - 5.2.1.2. DRY DOG FOOD
  - 5.2.1.3. TREAT & MIXES FOR DOGS
- 5.2.2. CAT PET FOOD
  - 5.2.2.1. WET CAT FOOD
  - 5.2.2.2. DRY CAT FOOD
  - 5.2.2.3. TREAT & MIXES FOR CATS

6. MARKET BY ANIMAL TYPE

6.1. DOG
6.2. CAT
6.3. OTHER ANIMAL TYPES

7. MARKET BY DISTRIBUTION CHANNEL

7.1. STORE-BASED
7.2. VETERINARY
7.3. E-COMMERCE
7.4. OTHER DISTRIBUTION CHANNELS

8. GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. NORTH AMERICA PET FOOD MARKET DRIVERS
- 8.1.3. NORTH AMERICA PET FOOD MARKET CHALLENGES
- 8.1.4. NORTH AMERICA PET FOOD MARKET REGULATORY FRAMEWORK
- 8.1.5. KEY PLAYERS
- 8.1.6. COUNTRY ANALYSIS
  - 8.1.6.1. UNITED STATES
  - 8.1.6.1.1. UNITED STATES PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.1.6.2. CANADA
  - 8.1.6.2.1. CANADA PET FOOD MARKET SIZE & OPPORTUNITIES
8.2. EUROPE
- 8.2.1. MARKET SIZE & ESTIMATES
- 8.2.2. EUROPE PET FOOD MARKET DRIVERS
- 8.2.3. EUROPE PET FOOD MARKET CHALLENGES
- 8.2.4. EUROPE PET FOOD MARKET REGULATORY FRAMEWORK
- 8.2.5. KEY PLAYERS
- 8.2.6. COUNTRY ANALYSIS
  - 8.2.6.1. UNITED KINGDOM
  - 8.2.6.1.1. UNITED KINGDOM PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.2.6.2. GERMANY
  - 8.2.6.2.1. GERMANY PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.2.6.3. FRANCE
  - 8.2.6.3.1. FRANCE PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.2.6.4. ITALY
  - 8.2.6.4.1. ITALY MARKET SIZE & OPPORTUNITIES
  - 8.2.6.5. NORDIC COUNTRIES
  - 8.2.6.5.1. NORDIC COUNTRIES PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.2.6.6. BELGIUM
  - 8.2.6.6.1. BELGIUM PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.2.6.7. POLAND
  - 8.2.6.7.1. POLAND PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.2.6.8. REST OF EUROPE
  - 8.2.6.8.1. REST OF EUROPE PET FOOD MARKET SIZE & OPPORTUNITIES
8.3. ASIA-PACIFIC
- 8.3.1. MARKET ESTIMATES & SIZES
- 8.3.2. ASIA-PACIFIC PET FOOD MARKET DRIVERS
- 8.3.3. ASIA-PACIFIC PET FOOD MARKET CHALLENGES
- 8.3.4. ASIA-PACIFIC PET FOOD MARKET REGULATORY FRAMEWORK
- 8.3.5. KEY PLAYERS
- 8.3.6. COUNTRY ANALYSIS
  - 8.3.6.1. CHINA
  - 8.3.6.1.1. CHINA PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.2. JAPAN
  - 8.3.6.2.1. JAPAN PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.3. INDIA
  - 8.3.6.3.1. INDIA PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.4. SOUTH KOREA
  - 8.3.6.4.1. SOUTH KOREA PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.5. INDONESIA
  - 8.3.6.5.1. INDONESIA PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.6. THAILAND
  - 8.3.6.6.1. THAILAND PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.7. TAIWAN
  - 8.3.6.7.1. TAIWAN PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.8. AUSTRALIA & NEW ZEALAND
  - 8.3.6.8.1. AUSTRALIA & NEW ZEALAND PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.3.6.9. REST OF ASIA-PACIFIC
  - 8.3.6.9.1. REST OF ASIA-PACIFIC PET FOOD MARKET SIZE & OPPORTUNITIES
8.4. REST OF WORLD
- 8.4.1. MARKET ESTIMATES & SIZES
- 8.4.2. REST OF WORLD PET FOOD MARKET DRIVERS
- 8.4.3. REST OF WORLD PET FOOD MARKET CHALLENGES
- 8.4.4. REST OF WORLD PET FOOD MARKET REGULATORY FRAMEWORK
- 8.4.5. KEY PLAYERS
- 8.4.6. REGIONAL ANALYSIS
  - 8.4.6.1. LATIN AMERICA
  - 8.4.6.1.1. LATIN AMERICA PET FOOD MARKET SIZE & OPPORTUNITIES
  - 8.4.6.2. MIDDLE EAST & AFRICA
  - 8.4.6.2.1. MIDDLE EAST & AFRICA PET FOOD MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
9.2. COMPANY PROFILES
- 9.2.1. AFFINITY PETCARE SA
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCTS LIST
  - 9.2.1.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.2. BLUE BUFFALO PET PRODUCTS INC
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCTS LIST
  - 9.2.2.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.3. CHAMPION PETFOODS LP
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCTS LIST
  - 9.2.3.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.4. DIAMOND PET FOODS
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCTS LIST
  - 9.2.4.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.5. FARMINA PET FOODS
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCTS LIST
  - 9.2.5.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.6. FRESHPET INC
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCTS LIST
  - 9.2.6.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.7. HILL'S PET NUTRITION INC
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCTS LIST
  - 9.2.7.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.8. INABA FOODS CO LTD
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCTS LIST
  - 9.2.8.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.9. J M SMUCKER COMPANY
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCTS LIST
- 9.2.10. MARS PETCARE LTD
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. FINANCIAL ANALYSIS
  - 9.2.10.3. PRODUCTS LIST
  - 9.2.10.4. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.11. NESTLE PURINA PETCARE LTD
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCTS LIST
  - 9.2.11.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.12. SPECTRUM BRAND HOLDINGS INC
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCTS LIST
  - 9.2.12.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.13. UNICHARM CORPORATION
  - 9.2.13.1. COMPANY OVERVIEW
  - 9.2.13.2. PRODUCTS LIST
  - 9.2.13.3. STRENGTHS & CHALLENGES ANALYSIS
- 9.2.14. VITAKRAFT PET CARE GMBH & CO KG
  - 9.2.14.1. COMPANY OVERVIEW
  - 9.2.14.2. PRODUCTS LIST
- 9.2.15. WELLNESS PET COMPANY
  - 9.2.15.1. COMPANY OVERVIEW
  - 9.2.15.2. PRODUCTS LIST
  - 9.2.15.3. STRENGTHS & CHALLENGES ANALYSIS