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Pet Food Market Achieve Mildstone of USD 98.81 billion

Global Pet Food Market is anticipated to reach USD 98.81 billion by 2022. The market is anticipated to grow at a healthy rate in the years to come. The factors that propel the growth of the market include rapid urbanization & industrialization, increasing demand, increasing trend of nuclear families, improved consciousness about pet health, and fast humanization of pets, product development & technological innovations.

In addition, factors such as changing standard of living, rise in disposable income, increase in number of pet owners, and growing pet humanization significantly fuel the market growth. On the other hand, there are factors that may hamper the growth of the market such as growing obesity in pets and increasing pet allergies. The Pet Food Market is anticipated to grow at a significant CAGR of 4.3% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The market may be explored by food product, applications, sale channel, and geography. Pet Food Market may be explored by food product as Wet/Canned Food, Dry Food, Snacks/treats, Nutritious Food, and Others. The “Dry products” segment dominated the Pet Food Market in 2014 and anticipated to maintain its dominance by 2022. Dry food products are mostly targeted for young animals due to their high nutritive value. These products are accessible in an extensive price range, standard, standard premium, super premium, and economy. Important factors driving demand for dry products comprise lower generation of waste, longer storage, and handling convenience.

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Pet Food Market may be explored by application as Cats, Dogs, and Others. The “Dog” segment dominated the application of the Pet Food Market in 2014 and is anticipated to maintain its dominance by 2022. Dogs are the friendliest animals kept as pets across the globe. Accessibility of dog food for various types is expected to have an optimistic influence on industry development over the forecast period.

The market may be explored by sale channel as Hypermarkets, Specialized Pet Shops, Internet Sales, and Others (Grocery Stores, Non-grocery Stores). Asia-Pacific accounted for the major share of the market in 2014 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing urbanization across the developing economies that has resulted in larger adoption of several animals as companions will boost the Pet Food Market growth in the years to come.

Some of the key players that fuel the growth of the Pet Food Market comprise Gitwako Farms (I) Pvt. Ltd., Avanti Overseas Pvt. Ltd., Agro Food Industries Pvt. Ltd., Frigorifico Allana Pvt. Ltd., Doggie Dabbas, Cuddleup Diet Products Pvt. Ltd., Bharat International Pet Foods Pvt. Ltd., Mars International India Pvt. Ltd., Venky’s (India) Ltd, and Khanal Foods Pvt. Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Pet Food Product Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 – 2022)
    • Dry Food
    • Wet/Canned Food
    • Nutritious Food
    • Snacks/treats
    • Others

Pet Food Application Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 – 2022)
    • Dogs
    • Cats
    • Others


Covid-19 Impact on Pet Food Market Opportunities And Strategies To 2023

SEP 24 2020: Pet Food Global Market Opportunities And Strategies To 2030: COVID 19 Impact and Recovery from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global pet food market.


Where is the largest and fastest growing market for the pet food market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The global pet food market report to 2023 report from the Business Research Company answers all these questions and many more.

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The report covers the following chapters

• Executive Summary – The executive summary section of the report gives a brief overview and summary of the report

• Report Structure – This section gives the structure of the report and the information covered in the various sections.

• Introduction – This section gives the segmentation of the pet food market by geography and by product type covered in this report.

• Market Characteristics – The market characteristics section of the report defines and explains the pet food market. This chapter includes different goods covered in the report and basic definitions.

• Supply Chain – The supply chain section of the report defines and explains the key players in the pet food industry supply chain.

• Product Analysis – The product/service analysis section of the report describes the leading products/services in the market along with key features and differentiators for those products.

• Customer Information – This chapters covers recent customers’ trends/preferences in the global pet food market.

• Trends And Strategies – This chapter describes the major trends shaping the global pet food market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.

• Impact Of COVID-19 On The Pet Food Market – This chapter describes the COVID-19 impact on supply side, demand side factors and regulatory inventions. The section also provides brief overview of COVID impact in all the regions.

• Effect Of COVID-19 On Major Pet Food Manufacturers – This section provides an insight on the impact of the COVID-19 crisis on the different pet food manufacturers across the world.

• Regulatory Landscape – This section provides recent updates related to pet food manufacturing in developed countries.

• Global Market Size And Growth – This section contains the global historic (2015 – 2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.

• Global Macro Comparison – The global pet food market comparison with macro-economic factors gives the pet food market size, percentage of GDP, and average pet food market expenditure.

• Regional Analysis – This section contains the historic (2015 – 2019), and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.

• Segmentation – This section contains the market values (2015 – 2030) and analysis for different segments in the market.

• Regional Market Size and Growth – This section contains the region’s market size (2019), historic and forecast (2015 – 2023), (2023-2025), and (2025-2030) market values, and growth and market share comparison of major countries within the region. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa).

• Competitive Landscape – This section covers details on the competitive landscape of the global pet food market, estimated market shares and company profiles of the leading players.

• Key Mergers And Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.

• Market Background – This section describes the animal and pet food market of which the pet food market is a segment. This chapter includes the animal and pet food market 2015-23 values, and regional analyses for the animal and pet food market.

• Recommendations – This section includes conclusions and recommendations based on findings of the research. This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.

•Appendix – This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

The global Pet Food market is segmented into –

By Type Of Animal Food: Dog Food; Cat Food; Other Pet Food

By Type Of Dog Food: Dry Dog Food; Wet Dog Food; Dog Treats And Mixers

By Type Of Cat Food: Dry Cat Food; Wet Cat Food; Cat Treats And Mixers

By Type Of Other Pet Food: Bird Food; Fish Food; Small Mammal/Reptile Food

By Distribution Channel: Specialized Pet Shops; Internet Sales; Hypermarkets; Others

By Type Of Ingredient: Animal Derivatives; Plant Derivatives; Synthetic

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Companies Mentioned: Mars, Incorporated; Nestle S.A.; The J.M. Smucker Company; Colgate-Palmolive Company; Diamond Pet Foods Inc.

Countries: China, Australia, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Thailand, Vietnam, Canada, Mexico, USA, Argentina, Brazil, Chile, Colombia, Peru, Venezuela, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, Czech Republic, Poland, Romania, Russia, Saudi Arabia, Israel, Turkey, UAE, Egypt, Nigeria, South Africa

Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Reasons to Purchase

• Outperform competitors using accurate up to date demand-side dynamics information.

• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.

• Identify growth segments for investment.

• Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.

• Create regional and country strategies on the basis of local data and analysis.

• Stay abreast of the latest customer and market research findings

• Benchmark performance against key competitors.

• Develop strategies based on likely future developments.

• Utilize the relationships between key data sets for superior strategizing.

• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

• Gain a global perspective on the development of the market.


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