Dog Food Market Size to increase by USD 12.84 bn | Increasing Pet Health Awareness to Drive Growth| Technavio | National News

NEW YORK, Dec. 3, 2021 /PRNewswire/ — The dog food market is driven by factors…

NEW YORK, Dec. 3, 2021 /PRNewswire/ — The dog food market is driven by factors such as the increasing pet health awareness, rise in product visibility and accessibility through online retailing, and the increasing focus on manufacturing clean-label pet foods.

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The dog food market size is expected to increase by USD 12.84 bn from 2021 to 2026. The growth momentum of the market is expected to accelerate at a CAGR of 4.27%.

Market Challenges

Major challenges impacting the growth of the dog food market include changing lifestyle patterns and busy work lives of the urban populace. As a result of busy lifestyles, most pet owners in urban areas across the world are not able to spend quality time with their pets. Moreover, the high cost of automatic pet feeders is restricting their adoption in emerging countries. These factors can reduce pet adoption rates worldwide, which might hinder the growth of the global dog food market during the forecast period.

Company Profiles

The dog food market report includes information on the product launches, sustainability, and prospects of leading vendors, including Bravo LLC, Champion Petfoods LP, Grandma Lucys LLC, Hills Pet Nutrition Inc., Mars Inc., Nestle SA, Primal Pet Foods Inc., Stella and Chewys LLC, Steves Real Food, and The J.M. Smucker Co.

Competitive Analysis

The report covers the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last three years, growth strategies, new product launches, investments, innovation score, growth in market share, etc.

Market Segmentation

  • By product, the market is classified into dry dog food, dog treats, and wet dog food. The dry dog food segment will contribute the highest share of the market, as it is a good source of vitamins, proteins, and minerals for pet dogs.
  • By geography, the market is classified into North America, Europe, APAC, MEA, and South America. North America will have the largest share of the market. The region is expected to account for a share of 33% of the market’s growth during the forecast period. Large-scale production capabilities of dog food will drive the dog food market growth in North America during the forecast period.

Related Reports

  • Fresh Pet Food Market in US: The fresh pet food market in US has been segmented by product (dog food, cat food, and others) and distribution channel (offline and online). Download Sample Report
  • Wet Pet Food Market: The wet pet food market has been segmented by product (wet cat food, wet dog food, and others) and geography (North America, Europe, APAC, South America, and MEA). Download Sample Report 

Dog Food Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.27%

Market growth 2022-2026

USD 12.84 billion

Market structure

Fragmented

YoY growth (%)

2.87

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 33%

Key consumer countries

US, China, Russian Federation, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bravo LLC, Champion Petfoods LP, Grandma Lucys LLC, Hills Pet Nutrition Inc., Mars Inc., Nestle SA, Primal Pet Foods Inc., Stella and Chewys LLC, Steves Real Food, and The J.M. Smucker Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

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