Asia-Pacific Pet Food Market - Growth, Trends and Forecasts (2016 - 2021)

  • ID: 3797915
  • Report
  • 95 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Agrolimen Sa
  • Blue Buffalo
  • Diamond Pet Foods
  • InVivo NSA
  • Mars Inc
  • Mogiana Alimentos SA
  • MORE
The APAC region is an important and high potential market; the sharp contrast between the near saturation markets of Europe and American region with the just opened markets of Asia is a visible indicator of the acuteness of future predictions. In 2014, the market was numbered at $9,931.5 million and is predicted to grow at an impressive CAGR of 5.1% to grow into a $13,363 million market by 2020.

The region is endowed with a diverse set of markets defined by various characterizations. The Australian and Japanese markets are characterized with a well aware and quality conscious consumer base; their point of difference is in their buying pattern and social culture. The Australian market is mainly driven by the high divorce rate and increasing single population. The Japanese market is driven by its large elderly population that prefers the company of a pet. This commonality of ‘companionship’, albeit on a different social metric, makes them very good markets for high quality and premium foods.

The Indian, Chinese, and Indonesian markets are the rapidly emerging markets in the region. The notions of convenience, affluence or exclusivity, safety, and market awareness play a very crucial role. These rapid urbanization and connectivity programs envisaged by these economies are going to boost the market further. Owning a pet, focusing and spending on its care is seen as a mark of social status and sensitivity here, making it an important market driver. The unreliability of local goods, as indicated by the recent scandals, is also forcing them to rely on foreign goods. The market campaign is often centered on the shift towards commercials foods from left-overs.

The high flung economies of Taiwan, Malaysia, and South Korea make them an ideal target for pet foods. The high education levels and modern infrastructure facilities enjoyed by these nations is also accompanied by a strong sense of culture and locality. The affluent status and companionship offered by owning a pet is an important driver for the industry. The high internet connectivity enjoyed by these nations is boosting the use on e-commerce sites as an effective distribution channel. Due to their strong cultural ties, the taboos and age old practices associated with domestic animals presents both challenges and opportunities here. The Islamic taboo over dogs and the dog meat festivals of South Korea are a few examples of this fact.

The markets of Vietnam, Thailand and other minor markets represent the most recent markets to enter the global market place. Their late embrace of the market connectivity is a cause of infrastructure lag and almost negligible product awareness. They offer the nascent market advantages of low regulations and competition. The other problems associated with these markets are of political uncertainty, as indicated by the certain military junta takeover of Thailand.

The market is segmented based on the product type, animal type, pricing and sales channels. In most nations the dog and cat foods occupy the most prominent position, with an estimated rise in the fish and other exotic animal populations. As a direct consequence of these stats the wet and dry segments occupy the leading position, with visibly growing numbers form organics.

The region is characterized with a monetarily strong middle class, making the economic pricing segment an important revenue generator. Super markets and groceries are the leading outlets for pet food but the trend is expected to shift to specialist stores in the future. The high penetration enjoyed by e-commerce sites in urban regions, is also facilitating the rise of online medium as an effective distribution channel. The major players of the regions are Mars Petcare, Nestle Purina, Hills Pet Nutrition, Unicharm Corporation, V.I.P. Petfoods, Nippon pet food, Nisshin Seifun Group, and Pet line.

This Report Offers:

- Market Definition for the specified topic along with identification of key drivers and restraints for the market.
- Market analysis for the Asia-pacific Pet Food Market, with region specific assessments and competition analysis on a global and regional scale.
- Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale.
- Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
- Identification and analysis of the Macro and Micro factors that affect the Asia-pacific Pet Food Market on both global and regional scale.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Why Should You Buy This Report?

- For getting a comprehensive overview of the Asia-pacific Pet Food Market
- To gain wide-ranging information about the major players in this industry and the strategies adopted by them.
- To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions, which are untapped.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Agrolimen Sa
  • Blue Buffalo
  • Diamond Pet Foods
  • InVivo NSA
  • Mars Inc
  • Mogiana Alimentos SA
  • MORE
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Market Dynamics
3.1 Drivers
3.1.1 Pet Refinement/ Humanization influencing the purchasing decisions
3.1.2 Changing perception of consumer towards pet health
3.1.3 Increasing trend of nuclear family
3.1.4 Increasing sales from Therapeutic pet food
3.2 Restraints
3.2.1 Issues with regulatory
3.2.2 Pets increasing obesity
3.2.3 Pet allergies
3.3 Opportunities
3.3.1 Growing demand for innovative pet food
3.3.2 Increasing online sales and home delivery
3.3.3 Growth in demand for natural and organic pet foods
3.4 Porter's Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threats of New Entrants
3.4.4 Threats of Substitute Products and Services
3.4.5 Degree of Competition
4. Market Segmentation
4.1 By Product
4.1.1 Dry Pet Foods
4.1.1.1 Grain Free
4.1.1.2 Others
4.1.2 Wet Pet Foods
4.1.2.1 Grain Free
4.1.2.2 Others
4.1.3 Veterinary Diets
4.1.4 Treats/Snacks
4.1.5 Liquid Food
4.1.6 Organic Product
4.2 By Pricing
4.2.1 Economic Segment
4.2.2 Premium Segment
4.2.3 Super Premium Segment
4.3 By Animal Type
4.3.1 Dog
4.3.2 Cat
4.3.3 Bird
4.3.4 Other Animals
4.4 By Ingredients Type
4.4.1 Animal Derived
4.4.2 Plant Derived
4.4.3 Cereals and Cereal Derivatives
4.4.4 Others
4.5 By Sales Channels
4.5.1 Specialized Pet Shops
4.5.2 Internet Sales
4.5.3 Hypermarkets
4.5.4 Others (Grocery, Non-Grocery Stores)
4.6 By Geography
4.6.1 Asia-Pacific
4.6.1.1 China
4.6.1.2 Japan
4.6.1.3 India
4.6.1.4 Australia
4.6.1.5 Others
5. Competitive Landscape
5.1 Market Shares of Leading Players
5.2 Strategies Adopted by Leading Players
6. Company Profiles
6.1 Mars Inc
6.2 Nestle SA (Purina)
6.3 Colgate Palmolive ( Hill's Pet Nutrition)
6.4 Uni-Charm Corp
6.5 Nutriara Alimentos Ltda
6.6 InVivo NSA
6.7 Agrolimen Sa
6.8 Mogiana Alimentos SA
6.9 Heristo AG
6.10 Deuerer
6.11 Wellpet
6.12 J.M.Sucker (Big Heart)
6.13 Diamond Pet Foods
6.14 Blue Buffalo
6.15 Merrick Pet Care
6.16 Sunshine Mills
6.17 Ainsworth Pet Nutrition
6.18 Yamahisa Pet Care
6.19 Debifu Pet Products Co. Ltd
7. Appendix
7.1 Sources
7.2 Disclaimer
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- Mars Inc
- Nestle SA (Purina)
- Colgate Palmolive ( Hill's Pet Nutrition)
- Uni-Charm Corp
- Nutriara Alimentos Ltda
- InVivo NSA
- Agrolimen Sa
- Mogiana Alimentos SA
- Heristo AG
- Deuerer
- Wellpet
- J.M.Sucker (Big Heart)
- Diamond Pet Foods
- Blue Buffalo
- Merrick Pet Care
- Sunshine Mills
- Ainsworth Pet Nutrition
- Yamahisa Pet Care
- Debifu Pet Products Co. Ltd
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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