Pet Feed Market: By Feed Type (Wet feed, Snacks, Others), By Medicinal Value (Medicated feed, Antibiotics, Vitamins & minerals, Proteins, Others, Non-medicated feed, Plant source, Animal source), Animal Type (Canines, Feline, Rabbit, Others), Distribution Channel (Veterinary pharmacies,Online pharmacies,Supermarkets,Others), Geography.

 

Purchase Option

$ 3000
$ 4400
$ 6600
$ 8900

The global Pet Feed Market is expected to grow at a CAGR of 5% during the forecast period 2022 to 2028. Pet feed market is the animal or plant source material intended to provide the balanced diet to pets. The most commonly adopted pet animals are felines, canines, and rabbits etc. Pet feed is classified into two types namely, medicated feed and non-medicated feed. Medicated feed is used in the treatment of various diseases by mixing the medicament with normal feed, while the non-medicated feed is used to feed the pet animals to make them healthy. Global market is in the growing stage due to rise in the production of pet feed products. Pet feed helps to make the animal health and improve the physiological function and reproduction. Players are focusing on the manufacturing of ready to use pet feed products, which can be used directly without any cooking process. Lack of fortified minerals and nutrients in the natural pet feed is a key driver for the market growth. Acquisitions and mergers, collaborations, and getting marketing approvals are some key strategies followed by the players to gain a dominant share in market. The worldwide market is expected to rise in the projected period, because to rising pet parenting and increased awareness of feeding pets quality and packaged pet food. Premiumization and humanization trends are projected to remain important drivers of market growth over the long term over the forecast period. Pet owners are becoming more concerned about their pets' health and nutrition as a result of the global pet humanization movement, which is predicted to enhance sales of organic, premium, and custom-made items over the research period.

Global Pet Feed Market Summary

Study Period

2023-29

Base Year

2022

CAGR

5%

Largest Market

North America

Fastest Growing Market

Europe
Pet Feed Market Dynamics

Increase in the adoption of pet animals such as felines and canines, the rise in the prevalence of various pet animal diseases, growing disposable income, and availability of different pet feed products expected to fuel the growth of pet feed market over the forecast period. In addition, growing expenditure for the pet animal welfare, increase in the production of pet feed with required nutritional values, and rise in the awareness about pet animal diseases are anticipated to boost the market. However, the high cost of the pet feed, lack of awareness about the medicated pet feed, product recalls, and lack of specific pet market regulations expected to hinder the Global pet feed market over the forecast period.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Pet Feed Market Segmentation

Feed Type
  • Dry feed
  • Wet feed
  • Snacks
  • Others
Medicinal Value
  • Medicated feed
  • Antibiotics
  • Vitamins & minerals
  • Proteins
  • Others
  • Non-medicated feed
  • Plant source
  • Animal source
Animal Type
  • Canines
  • Feline
  • Rabbit
  • Others
Distribution Channel
  • Veterinary pharmacies
  • Online pharmacies
  • Supermarkets
  • Others

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

[urltag url='request-table-of-content']

  • Mars Petcare Inc. (U.S.)
  • P&G Pet Care (U.S.)
  • Nestlé Purina PetCare Co. (U.S.)
  • Del Monte Foods Co. (U.S.)
  • Hill's Pet Nutrition Inc. (U.S.)
  • Affinity Petcare SA (Agrolimen SA) (Spain)
  • Nippon Pet Food (Japan)
  • Ainsworth Pet Nutrition (U.S.)
  • Heristo AG (Germany)