- Dry Cat Food
- Wet Cat Food
- Veterinary Diets
- Treats/Snacks
- Organic Products
Dry Cat Food Market size was valued at USD 31,168.5 million in 2022 and is projected to grow at a 4.9% CAGR from 2023 to 2029. Many people took advantage of the lockdown's opportunity to purchase a family pet because they were working from home. According to numerous studies, having a pet makes people less likely to experience issues like loneliness and depression because pets provide companionship. Breeders and rescue organizations reported a surge in requests from persons looking for dogs and cats in the first few months of 2020. In the 12 weeks between February and May 2020, the total sales of cat and dog treats increased by 6.5%, according to research released by Mars Petcare, a top maker of pet foods. This signifies the pet food market growth, which is expected to continue post-pandemic. The dry cat food segment is anticipated to grow at a significant CAGR over the forecast years due to companies' increased focus on immunizing their pet food products. Additionally, the leading players in the dry pet food market have a sizable window of opportunity due to customers' increased propensity to treat their pets like members of the family and their increasing investments in high-quality pet food products. However, it is anticipated that the lack of uniformity in laws and the growing attention being paid to wet pet food will impede the overall growth of the cat dry pet food market. The rising trend of pet humanization, growing focus on organic acids and natural ingredients, and growing pet ownership rates in developing countries are driving the industry's growth over the forecasting period.
Dry Cat Food Market Key Developments:
In December 2021, Beaphar acquired Pet Food UK, a manufacturer of ultra-premium pet food, from Piper. The important brands "Barking Heads" for dogs and "Meowing Heads" for cats are housed there. The company's current product lineup and distribution networks have been improved because of this acquisition.
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One of the leading market drivers is expected to be the rising prevalence of pet ownership globally, particularly in emerging nations. Rising urbanization and the humanization of pets are pushing pet owners to choose wholesome and high-quality food for their animals, further accelerating the market's growth rate. Consumers' increased per capita incomes are encouraging them to spend money on organic and healthy pet food items to improve the health of their pets. Additionally, the simple accessibility of goods in various price ranges is aiding the global market's expansion. They provide customers with a variety of options and financial statuses.
The dry cat food market will be studied from 2018 – 2029.
Middle East and Africa is growing at the highest CAGR over 2023- 2029.
Europe holds highest share in 2022.
Evanger’s Dog & Cat Food Company, Inc., Mars Incorporated, Purina, Hill's Pet Nutrition, Affinity Petcare SA, Nutro Products Inc., Dave's Pet Food, Boulder Dog Food Company, Rollover Pet Food Ltd., Real Pet Food Company Pty Ltd, Freshpet, Burgess Group PLC, Nature’s variety, Fromm Family Foods LLC, JustFoodForDogs ( approx), The J.M. Smucker Company, Steve's Real Food, Natures Goodness Pet Food, Party Animal, Inc., Iams are the key players of the global dry cat food market.