Pet Food Market Current Scenario Growth, Comprehensive Analysis and Regional Forecast to 2022-2032

 

Natural pet food is composed of organic ingredients that are free of synthetic pesticides, fertilizers, antibiotics, artificial coloring, and chemical by-products to lower allergies, skin problems, and digestive issues in pets. It also enhances immunity, life expectancy, and weight stability of pets.

The global natural pet food market is set to witness growth at a CAGR of 4.8% from 2022 to 2032 and is anticipated to reach a valuation of around US$ 21.5 Bn by 2032.

Increasing awareness among consumers regarding negative effects of synthetic pet food on the health of pets and rising pet anthropomorphism are anticipated to drive the global market. In North America and Europe, many pet owners consider their pets to be family members and thus human-grade proteins are often fed to pets.

Pet owners are becoming more conscious of their pets’ health and placing a greater emphasis on the food’s safety and nutritional efficacy. Owing to the expanding pet population around the world, the market is expected to grow during the forecast period.

However, high cost of pet food and lack of knowledge about organic food among pet owners residing in developing countries are hindering growth in the global natural pet food industry.

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Key Takeaways: Pet Food Market

  • Based on pet type, the dogs segment is anticipated to account for over 50% of the global natural pet food market share over the forecast period.
  • The North America natural pet food market is expected to witness lucrative growth at a CAGR of 9% during the forecast period.
  • By product type, the wet and canned pet food segment is likely to account for 2/5th of the global natural pet food consumption through 2032.
  • Based on source, the animal derived segment is expected to hold a market share of over 40% in the forecast period.
  • The global pet food market grew at a CAGR of roughly 3% over the last half-decade.

“Rising adoption of unique advertising techniques by key players and increasing launch of pet health awareness campaigns by government bodies are likely to drive sales of natural pet food in the next decade,” says a Future Market Insights analyst.

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Competitive Landscape: Pet Food Market

Pet food has become a significant part of the global pet food industry. To gain control of the pet food market, major firms have started entering the natural and organic pet food business. These companies have robust financial stability and distribution networks that allow them to diversify their portfolios through acquisitions and new product releases, ensuring that pet owners’ feed choices remain consistent over time.

Explore More Valuable Insights on Pet Food Market

Future Market Insights, in its new report, offers an impartial analysis of the global Natural Pet Food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Pet Food Market Outlook by Category

By Pet Type:

  • Cat
    • Kitten
    • Senior
  • Dog
    • Puppy
    • Adult
    • Senior
  • Others

By Product Type:

  • Dry Pet Food
  • Wet and Canned Pet Food
  • Snacks and Treats

By Source:

  • Animal Derived
  • Plant Derived
  • Insect Derived

By Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • East Asia
  • South Asia
  • Oceania

Frequently Asked Questions

  • How big is the natural pet food market?
  • At what CAGR is the natural pet food market expected to grow during the period of 2022- 2032?
  • What is the North America natural pet food market share?
  • What are the key trends propelling the natural pet food market?
  • Which are the key players in the natural pet food market?

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