PUBLISHER: The Business Research Company | PRODUCT CODE: 1546563
PUBLISHER: The Business Research Company | PRODUCT CODE: 1546563
Pet food testing involves assessing pet food products to ensure they are safe, high-quality, and nutritionally appropriate. This process includes a range of laboratory tests and analyses to evaluate different aspects of pet food. The goal is to ensure that pet food is safe for pets to consume, meets quality standards, and provides essential nutrients for their health and well-being.
Key types of pet food testing include label validation to ensure compliance with regulations and accuracy in product information, marketability testing to gauge consumer response before product launch, nutritional analysis to confirm nutrient content, packaging leak detection, stability studies, and others. These tests apply to both wet and dry pet foods, including those formulated for dogs, cats, and other pets.
The pet food testing market research report is one of a series of new reports from The Business Research Company that provides pet food testing market statistics, including pet food testing industry global market size, regional shares, competitors with a pet food testing market share, detailed pet food testing market segments, market trends and opportunities, and any further data you may need to thrive in the pet food testing industry. This pet food testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pet food testing market size has grown strongly in recent years. It will grow from $7.63 billion in 2023 to $8.18 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historic period can be attributed to increasing awareness about pet health and nutrition, expansion of pet food manufacturing facilities, rising incidence of food allergies in pets, higher disposable incomes, and growing demand for transparency in pet food labeling.
The pet food testing market size is expected to see strong growth in the next few years. It will grow to $10.89 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. In the forecast period, growth can be attributed to higher rates of pet ownership and increased humanization of pets, greater awareness of the importance of providing high-quality packaged pet food, a shift towards direct-to-consumer pet food sales models, increasing consumer preference for trusted brand portals, and heightened demand for adherence to stringent food safety standards. Major trends anticipated in this period include advancements in testing technologies, incorporation of innovative ingredients in pet food formulations, expansion of veterinary diagnostics and health services, progress in genetic testing for personalized pet nutrition, and the integration of blockchain technology to enhance traceability.
The increasing number of pets kept by humans for companionship, entertainment, and assistance in specific tasks is expected to drive growth in the pet food testing market. This rise is attributed to greater awareness of the emotional and health benefits pets offer, alongside evolving social and demographic trends that favor animal companionship and support. Pet food testing is crucial for ensuring the safety, nutritional adequacy, and quality of pet food, protecting pets from harmful substances and ensuring they receive essential nutrients for their health and well-being. For instance, in October 2022, the American Veterinary Medical Association reported a 29% increase in the proportion of families with at least one cat. It also noted that annual veterinarian costs averaged $362 for households with dogs and $321 for those with cats. This trend underscores the growing impact of pet ownership on the demand for rigorous pet food testing.
Major companies in the pet food testing sector are advancing technologically to develop products such as Salmonella testing kits. These innovations help ensure the safety and quality of pet food by swiftly and accurately detecting contaminants, aiding manufacturers in meeting stringent safety regulations. PerkinElmer Inc., for example, launched the Solus One Salmonella testing kit in March 2022. This kit is designed for use on various pet foods and delivers rapid results within 24 hours, supported by AFNOR certification to ISO standards for reliability. It integrates with automation systems for enhanced throughput and cost-effective operation compared to PCR methods, featuring a compact design and reduced consumable usage.
In September 2022, Garden SpinCo Corporation, 3M's food safety business, merged with Neogen Corporation, a move that consolidated strengths in pet food testing. This merger demonstrates ongoing strategic efforts within the industry to expand capabilities and drive innovation in ensuring pet food safety and quality.
Major companies operating in the pet food testing market are Mars, J.M. Smucker Co., Nestle Purina Petcare, Eurofins Scientific SE, SGS SA, Bureau Veritas, Unicharm Corp., Intertek Group Plc, Royal Canin, Merieux NutriSciences Corporation, AGROLAB, Hill's Pet Nutrition Inc., Kemin Industries Inc., Neogen Corporation, Hartz Mountain Corporation, Diamond Pet Foods Inc., Nutro Co., Laroy Group, Iams Co., Lupus Alimentos, Deuerer, United Petfood, Tentamus Group GmbH, Alex Stewart Agriculture Ltd., Big Heart Pet Inc.
North America was the largest region in the pet food testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet food testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the pet food testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pet food testing market includes revenues earned by entities by palatability testing, microbiological testing, contaminant testing and related services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pet Food Testing Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pet food testing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pet food testing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pet food testing market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.