Pet Food Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The global pet food market is anticipated to grow at a CAGR of
over 4% during the forecast period. The introduction of organic and raw food
for the pet is driving the pet food industry. The major benefits of raw dog
food are that it has high nutritional qualities. In addition to this, the
organic pet food also lacks fillers that are common in commercial pet foods.
These fillers in the form of additives and preservatives and various chemicals
are absorbed by the pets, which is considered unhealthy for the bodies of the
pets.
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Whereas the organic food nutrition and minerals are properly
absorbed by the pet resulting in good health. Hence, the adoption of organic
pet food will increase,which in turn,will fuel the growth of the pet food
market. Additionally, the pet raw food diet allows dogs to take a natural boot
since these are easy to be broken down in the pet’s body and fewer toxins are
produced. Besides the raw pet food also reduces the bad body odor in dogs.
Hence, the pet food market share will increase significantly with the
popularity of raw food, as controlling the pet’s body odor is one of the
biggest concerns of pet owners.
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In addition to this, raw pet food also minimizes the toxic
build-ups in pets’ mouths,which in turn,eliminates the chances of various gum
disease and bad breath in pets. Moreover, the raw pet food also aids in
maintaining a healthy weight in the pets which are anticipated to expand the
pet food market size during the forecast period.
Besides, the organic and raw food costs more per serving on
average than the other commercial pet food which is anticipated to hamper the
growth of the pet food market. However, the high-quality pet raw and organic
pet food diet plays an important role in the cardiovascular&bone joint
health of pets and aids in preventing various diseases. Some of the common
diseases that can be controlled or prevented with good quality pet food include
yeast infections, parasite infections, ear infection, and many more, which is
anticipated to drive the market significantly during the forecast period.
Pet Food Market- Segmentation
By Product
- Dry Pet Foods
- Wet Pet Foods
- Treats & Snacks
- Others
By Animal Type
- Dogs
- Cats
- Others
Pet Food Market- Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
Company Profiles
·
Archer Daniels Midland Co.
·
BASF SE (BASF Nutrition)
·
Blue Buffalo Co., Ltd.
·
Cargill Inc.
·
Chr. Hansen Holding A/S
·
Colgate-Palmolive Co. (Hill's Pet Nutrition,
Inc.)
·
Darling Ingredients Inc.
·
DuPont de Nemours, Inc.
·
Ingredion Inc.
·
Kemin Industries, Inc.
·
Lallemand Inc.
·
Mars, Inc.
·
Nestle SA (Nestle Purina PetCare Co.)
·
Nutreco N.V.
·
Omega Protein Corp.
·
SARIA A/S GmbH & Co. KG
·
Schell & Kampeter, Inc. (Diamond Pet
Foods)
·
SunOpta Inc.
·
The J.M. Smucker Co.
·
The Scoular Co.
·
Total Alimentos SA
·
WellPet LLC
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