PUBLISHER: TechNavio | PRODUCT CODE: 1652953
PUBLISHER: TechNavio | PRODUCT CODE: 1652953
The pet food market is forecasted to grow by USD 44.1 billion during 2024-2029, accelerating at a CAGR of 6.3% during the forecast period. The report on the pet food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for organic pet food, marketing campaigns and packaging innovations, and increasing preference for functional and fortified pet food.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5.8% |
CAGR | 6.3% |
Incremental Value | $44.1 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's pet food market is segmented as below:
By Product
By Type
By Geographical Landscape
This study identifies the increasing demand for pet food with savory ingredients and smaller portions as one of the prime reasons driving the pet food market growth during the next few years. Also, rising demand for grain-free and freeze-dried pet food and growing trend of personalized pet nutrition and increased transparency in ingredient sourcing and processing will lead to sizable demand in the market.
The report on the pet food market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pet food market vendors that include Affinity Petcare SA, Archer Daniels Midland Co., C and D Foods Ltd., Colgate Palmolive Co., General Mills Inc., Global Pet Foods, Hartz Mountain Corp., Himalaya Global Holdings Ltd., Merrick Pet Care Inc., Nestle SA, Nippon Pet Food Co. Ltd, NutriSource Pet Foods, Pedigree, Premier Petfoods Company Pty Ltd, Schell and Kampeter Inc., Sunshine Mills Inc., The J.M Smucker Co., Tiernahrung Deuerer GmbH, Unicharm Corp., and Wellness Pet Co. Inc.. Also, the pet food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: