Global Pet Food Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4470185
  • Report
  • Region: Global
  • 161 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Ainsworth Pet Nutrition
  • Deuerer
  • Heristo AG
  • J.M.Sucker (Big Heart)
  • Merrick Pet Care
  • Nutriara Alimentos Ltda
  • MORE
The Global Pet Food Market was estimated at a value of about USD 78.76 billion in 2017. The industry is forecasted to register a CAGR of over 5.03% over the forecast period.

Increasing trend of nuclear family

Rapid urbanization and development of economic and professional constructs are the main reasons for the growing trend of nuclear families. The increasing urban nature of the society, which results in separation from farm animals and nature, is stimulating the desire to bring pets home. The market for pet food closely shadows the market for pets. The social comfort, company, security, and the aesthetic sense offered by pets are the main reasons cited for owning a pet.

The growth of one-person households and decline of families have also led to seek pet companionship. People belonging to these social segments are a major boost for the market, as they tend to humanize pets to a great extent, thereby taking extra care of their diet and wellness.

The other aspect of nuclear families is the increase in the population of elderly people living alone. Reduced interaction with family and financial stability are factors, which promote pet adoption and their proper care, among the aging population.

Pet Allergies

Various pet food and related ingredients can be a major cause of skin diseases and allergies in pets. Humanizing pets and indiscriminate feeding of available food products is one of the major reasons that leads to improper animal health and diseases. For example - cats are 100% carnivores and they lack the enzymes in their stomach to digest complex carbohydrates, like corn, wheat, soy, and other vegetable matter. Though dogs are a little tolerant to vegetation, excessive amounts of corn or wheat can cause allergies. Food allergies/intolerance among pets can be caused by a reaction to a particular ingredient, mostly by protein products, like beef, milk products, and fish.

Hence, safe and suitable pet products should be selected carefully. Other than corn and wheat, some of the other products that should not be a part of animal food are - soy, BHA/BHT, ethoxyquin, propylin glycol, and some by-products. Adding these products only worsens the health of the animal and results in subsequent diseases. To worsen the scenario, there are no strong regulations in the United States on the usage of these ingredients in pet foods. These animals are exposed to harmful chemicals and ingredients, which may cause severe diseases in pets.

Controlling the negative impact of food in the form of diseases and allergies is essential for the growth of the pet food industry. The major challenge here is to find and avoid the food ingredients responsible for skin and/or gastrointestinal conditions, allergies, and diseases.

Key Developments in the Market:
  • February 2018: Pet Supplies Plus launched Redford Naturals® Dry Cat Food Line
Major Players: MARS INC., NESTLE PURINA PET CARE, HILLS PET NUTRITION INC., WELLPET LLC amongst others.

Reasons to Purchase this Report:
  • Provides latest insights into the Global Pet Food Market.
  • Gives a detailed analysis of the competitive landscape in the pet food industry segmented by product, by pricing, by sales channel, by ingredient type, by animal type and by geography.
  • Analyses the market scenario with the help of Porter’s Five Forces Analysis.
  • Forecasts the market volume and value by assessing the impact of the market drivers and constraints.
  • 3 months analyst support along with the Market Estimate sheet (in excel).
Report Customization:

This report can be customized to meet your requirements..
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ainsworth Pet Nutrition
  • Deuerer
  • Heristo AG
  • J.M.Sucker (Big Heart)
  • Merrick Pet Care
  • Nutriara Alimentos Ltda
  • MORE
1. Introduction
1.1. Research Methodology
1.2. General Study Assumptions

2. Research Methodology
2.1. Introduction
2.2. Analysis Methodology
2.3. Study Assumptions
2.4. Econometric Forecast Model

3. Executive Summary

4. Market Overview And Technology Trends
4.1. Current Market Scenario
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power Of The Suppliers
4.3.2. Bargaining Power Of The Consumers
4.3.3. Threat Of New Entrants
4.3.4. Threat Of Substitute Products And Services

5. Market Dynamics
5.1 Drivers
5.1.1 Pet refinement/ humanization influencing the purchasing decisions
5.1.2 Changing perception of consumer towards pet health
5.1.3 Increasing trend of nuclear family
5.1.4 Channel specific product development
5.1.5 Increasing sales from therapeutic pet food
5.2 Restraints
5.2.1 Issues with regulatory system
5.2.2 Increasing obesity in pet
5.2.3 Pet allergies
5.3 Opportunities
5.3.1 Growing demand for innovative pet food
5.3.2 Increasing online sales and home delivery
5.3.3 Growth in demand for natural and organic pet foods

6. Global Pet Food Market Segmentation, By Product Type
6.1 Dry Pet Foods
6.2 Wet Pet Foods
6.3 Veterinary Diets
6.4 Treats/Snacks
6.5 Organic Product

7. Global Pet Food Market Segmentation, By Pricing Type
7.1 Economic Segment
7.2 Premium Segment
7.3 Super Premium Segment

8. Global Pet Food Market Segmentation, By Animal Type
8.1 Dogs
8.2 Cats
8.3 Birds
8.4 Others

9. Global Pet Food Market Segmentation, By Ingredient Type
9.1 Animal Derived
9.2 Plant Derived
9.3 Cereals and Cereal Derivatives
9.4 Others

10. Global Pet Food Market Segmentation, By Sales Channel
10.1 Specialized Pet Shops
10.2 Internet Sales
10.3 Hypermarkets
10.4 Others (Grocery, Non-Grocery Stores)

11. Global Pet Food Market Segmentation, By Geography Type
11.1 North America
11.1.1 United States
11.1.2 Canada
11.1.3 Mexico
11.1.4 Rest of the North America
11.2 Europe
11.2.1 Spain
11.2.2 United Kingdom
11.2.3 Germany
11.2.4 France
11.2.5 Italy
11.2.6 Rest of the Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 India
11.3.3 Japan
11.3.4 Rest of the Asia-Pacific
11.4 Rest Of The World
12. Competitive Landscape
12.1 Introduction
12.2 Market Share Analysis
13. Company Profiles (Overview, Products, Strategies & Developments Etc.)
13.1 Mars Inc
13.2 Nestle SA (Purina)
13.3 Colgate Palmolive ( Hill's Pet Nutrition)
13.4 Uni-Charm Corp
13.5 Nutriara Alimentos Ltda
13.6 InVivo NSA
13.7 Debifu Pet Products Co. Ltd
13.8 Yamahisa Pet Care
13.9 Heristo AG
13.10 Deuerer
13.11 Wellpet
13.12 J.M.Smucker (Big Heart)
13.13 Diamond Pet Foods
13.14 Blue Buffalo
13.15 Merrick Pet Care
13.16 Sunshine Mills
13.17 Ainsworth Pet Nutrition
14. Disclaimer
Note: Product cover images may vary from those shown
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  • Mars Inc
  • Nestle SA (Purina)
  • Colgate Palmolive ( Hill's Pet Nutrition)
  • Uni-Charm Corp
  • Nutriara Alimentos Ltda
  • InVivo NSA
  • Debifu Pet Products Co. Ltd
  • 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
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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