Dog Food Market Size, Share, Opportunities, And Trends By Product Type (Kibble, Wet Food, Semi-moist Food, Frozen And Freeze-dried Food), By Dog Age (Puppy (under One Year), Senior (one And Above)), By Price Type (Economic Segment, Mid-range Segment, Premium Segment), By Distribution Channel (Online, Offline(Supermarkets/hypermarts, pet stores, Others)), And By Geography - Forecasts From 2023 To 2028
- Published : Jun 2024
- Report Code : KSI061615336
- Pages : 135
The dog food market is projected to grow at a CAGR of 5.05% to reach US$194.757 billion in 2028 from US$137.912 billion in 2021.
Dog Food Market Overview:
The dog food market primarily targets dogs and other closely related canines. The precise ingredients of this diet vary according to the producer; however, most dog foods include meats, grains, cereals, by-products of meat, minerals, and vitamins. Offline and online are both included in the distribution channel category.
The online sector is anticipated to experience the highest growth during the projection period. This segment's growth is mostly attributable to increased consumer convenience, a preference for customization, and widespread access to larger discounts compared to offline businesses. Further, according to a survey conducted by the American Pet Items Association (APPA) in November 2021, 22% of pet owners intend to keep buying pet food products online even after the COVID-19 pandemic is finished. This trend has influenced the growth of the world market.
Dog Food Market Drivers:
- Dog owners were most prevalent overall.
The APPA poll revealed that in 2021, more Americans acquired new pets. In the study, 14% of respondents, up from 6% in June 2020, said they acquired a new pet due to the ongoing COVID-19 pandemic. In 2021, this number rose, with 69 million U.S. households having dogs as their most common pet. Gen Z and Millennials, younger demographic groupings, were more likely to acquire new pets than previous age groups, particularly those who lived in cities and had kids. Significant expected growth in market size is partly due to rising dog ownership rates and concerns over canine health, raising consumer knowledge of specialty and commercially accessible dog food and snacks.
- Using plant-based dog food is a sustainable practice.
Plant-based food options have been increasingly popular in the UK in recent years. New research published in April 2022, headed by Professor Andrew Knight of the University of Winchester, claimed that diets made up entirely of plants are safer and healthier for dogs than those made up entirely of meat. It is also better for the environment to put dogs off their meat-based diets. Because the production of dry pet food contributes to the emission of millions of tonnes of CO2. For instance, Freshpet (FRPT) announced in September 2021 the release of Spring & Sprout, the company's first-ever fresh, vegetarian dog food. Spring & Sprout, a balanced dog food made by Freshpet's veterinarian nutritionist, mixes wholesome plant-based proteins with cage-free eggs, fruits, and vegetables. The initiative to offer nutrient-dense food options, along with the creation of a sustainable environment, will fuel market expansion.
- The government's assistance and India's expanding market will accelerate growth.
India is one of Asia's fastest-developing economies. India's pet population has significantly increased, which has mostly been responsible for the market's expansion. The demand for dog food is also being fuelled by social media's quick rise in impact, rising disposable income, and growing awareness of dogs' health. There are a few pet food producers in India, but not enough to match the demand or standards. The government is acting to close the demand-supply gap and support the private sector's investment in the establishment of an animal feed plant under the Animal Husbandry Infrastructure Development (AHIDF) scheme, which is valued at Rs 15,000 crore. The government claims that the pet industry in India is expanding at a faster rate.
Dog Food Market Key Developments:
- August 2022: With the introduction of EveryDawg, Wiggles announced the expansion of its food category. EveryDawg is a tasty and wholesome dry dog food suitable for all breeds of dogs, free of sugar and gluten. EveryDawg is meticulously created to satisfy the daily nutritional needs of dogs based on their life stage and is available in three variants: Mother and Puppy, Puppies, and Adult Dogs.
- August 2022: PawCo, a startup in the pet food industry, has announced the release of its customized dog food produced from vegan meat. The company claims to have developed the first entirely plant-based meat intended only for pet food use. A range of fruits and vegetables are combined with plant-based protein in its product options, such as peanut butter and apples, green mix and carrots, and blueberries and veggies.
- January 2022: Cranswick bought Grove Pet Foods and expanded its protein range while entering the pet food processing industry. Along with its brands, such as Vitalin (natural) and Alpha Feeds (working dog), Grove Pet Foods also manufactures dry dog food under private label agreements for several top brands.
Covid-19 Impact
Global supply-chain disruptions, particularly in the early phases of the pandemic, hurt the global dog food market. However, once the general environment returns to normal, it is anticipated that the market will rebound fast. The coronavirus-induced lockdown led to an upsurge in pet adoption, which unquestionably raised the demand for dog food. As a result, the dog food industry has gained momentum, which the makers now hope to keep. Due to the expansion of e-commerce, government investment, and sustainable practices, the dog food market and the pet food industry as a whole both experienced outstanding growth during the lockout.
Dog Food Market Scope:
Report Metric | Details |
Market Size Value in 2021 | US$137.912 billion |
Market Size Value in 2028 | US$194.757 billion |
Growth Rate | CAGR of 5.05% from 2021 to 2028 |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Product Type, Dog Age, Price Type, Distribution Channel, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Mars Petcare Inc., General Mills Inc, Nestlé Purina Petcare, Deuerer Gnbh, The J.M. Smucker Company, Hill’s Pet Nutrition, Diamond Pet Foods, Simmons Pet Food, Agrolimen SA |
Customization Scope | Free report customization with purchase |
Segmentation:
- By product type
- Kibble
- Wet Food
- Semi-moist Food
- Frozen and Freeze-dried Food
- By dog age
- Puppy (under one year)
- Senior (one and above)
- By price type
- Economic Segment
- Mid-range Segment
- Premium Segment
- By distribution channel
- Online
- Offline
- Supermarkets/hypermarts
- pet stores
- Others
- By geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- Isreal
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Indonesia
- Thailand
- Taiwan
- Others
- North America
Frequently Asked Questions (FAQs)
The global dog food market is projected to grow at a CAGR of 5.05% during the forecast period.
The dog food market is projected to reach a market size of US$194.757 billion by 2028.
Dog Food Market was valued at US$137.912 billion in 2021.
The dog food market has been segmented by product type, dog age, price type, distribution channel, and geography.
Significant expected dog food market growth is due in part to rising dog ownership rates and concerns over canine health raising consumer knowledge of speciality and commercially accessible dog food and snacks.
1. INTRODUCTION
1.1. Market Overview
1.2. Covid-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Driver
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. DOG FOOD MARKET, BY PRODUCT TYPE
5.1. Introduction
5.2. Kibble
5.3. Wet Food
5.4. Semi-Moist Food
5.5. Frozen And Freeze-Dried Food
6. DOG FOOD MARKET, BY DOG AGE
6.1. Puppy (under one years)
6.2. Senior (one and above)
7. DOG FOOD MARKET, BY PRICE TYPE
7.1. Introduction
7.2. Economic Segment
7.3. Mid-range Segment
7.4. Premium Segment
8. DOG FOOD MARKET, BY DISTRIBUTION CHANNEL
8.1. Introduction
8.2. Online
8.3. Offline
8.3.1. Supermarkets/Hypermarts
8.3.2. Pet Stores
8.3.3. Others
9. DOG FOOD MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. UK
9.4.2. Germany
9.4.3. France
9.4.4. Italy
9.4.5. Spain
9.4.6. Others
9.5. Middle East and Africa (MEA)
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Isreal
9.5.4. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. Japan
9.6.3. South Korea
9.6.4. India
9.6.5. Indonesia
9.6.6. Thailand
9.6.7. Taiwan
9.6.8. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. Mars Petcare Inc.
11.2. General Mills Inc
11.3. Nestlé Purina Petcare
11.4. Deuerer Gnbh
11.5. The J.M. Smucker Company
11.6. Hill’s Pet Nutrition
11.7. Diamond Pet Foods
11.8. Simmons Pet Food
11.9. Agrolimen SA
Mars Petcare Inc.
General Mills Inc
Nestlé Purina Petcare
The J.M. Smucker Company
Hill’s Pet Nutrition
Diamond Pet Foods
Simmons Pet Food
Agrolimen SA
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