Press release
Global Organic Pet Food Market Soars to USD 39.40 Billion by 2029, Propelled by Rising Pet Health Consciousness
Market OverviewThe Global Organic Pet Food Market, valued at USD 24.22 billion in 2022, is poised for remarkable growth, reaching nearly USD 39.40 billion by 2029, with a projected CAGR of 7.2% from 2023 to 2029.
Shifting Pet Owner Preferences Drive Market Transformation
Pet nutrition of the highest quality has become a top priority for pet owners globally, with a growing inclination towards natural and organic products. The market has witnessed substantial growth, with dog food sales surging by 52.7% and cat food sales by 42.8% in 2022, according to the latest MMR Study. Pet owners are increasingly opting for fresh, healthy, and naturally served pet food, with organic pet food offering natural vitamins, proteins, amino acids, fatty acids, and minerals.
Organic pet food, tailored to the specific needs of pets based on breed and age, is gaining popularity due to its ability to enhance skin and coat appearance, boost energy levels, and contribute to a healthier weight. Major players in the pet food industry, such as Nestle, General Mills, and Colgate-Palmolive Company, have entered the organic segment, streamlining supply chains and partnering with veterinary hospitals and pet homes to dominate the market.
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Market Dynamics
The market is propelled by increasing consumer awareness of pet health, leading to a surge in pet-care spending. According to the APPA National Pet Owners Survey 2022-2023, 72% of households currently have pets. The "humanization" of pets has driven pet owners to choose pet food based on diet regimens, including specialty diets like raw, vegan, and protein-rich options. Additionally, online platforms have become integral to the organic pet food sector, with e-commerce gaining momentum, especially during the COVID-19 pandemic.
Regional Insights
North America: Led by increased pet ownership and consumer awareness, North America accounted for the highest revenue share in 2022. The region's introduction of private-label retail brands and urbanization has further fueled the demand for organic pet food.
Europe: Expected to grow at a CAGR of 6.5%, Europe, with key contributors like the United Kingdom, Germany, France, and Italy, demonstrates a significant shift in consumer preferences towards natural and organic pet food.
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Segment Analysis
by Flavor
Unflavored
Flavored
Others
by Pet Life-Stage
Adult
Kitten/Puppy
Others
by Pet Type
Dog
Cat
Fish
Bird
Others
Dogs dominate the market, driven by a rising dog population globally and growing concerns about dog health. The trend is particularly evident among millennial pet owners, contributing to the upward trajectory of organic dog pet food.
by Product Type
Dry Food
Wet Food
Others
Organic dry pet food holds a leading position, with advantages such as environmental enrichment and convenience in teeth cleaning. Longer shelf life and spill-resistant features contribute to the dominance of the dry pet food segment.
by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Others
Online retail is the fastest-growing channel, leveraging rising smartphone penetration and the convenience offered by platforms like Amazon and Flipkart.
For detail insights on this market, request for methodology here@https://www.maximizemarketresearch.com/request-sample/166911
Key players
1. Archer Daniels Midland Company
2. Bailey's Bowl
3. Benevo
4. Biopet Pet Care Pty Ltd
5. Blues Buffalo
6. Burgess Pet Care
7. Castor & Pollux Natural Petworks
8. Colgate-Palmolive Company
9. Diamond Naturals, Evanger's
10. Diamond Pet Foods
11. Drools
12. Evanger's Dog & Cat Food Company, Inc.
13. Fressnapf
14. GA Pet FoodPartners
15. General Mills Inc.
16. Glenand Group
17. Harrison's Bird Foods
18. Heristo AG
19. Hill's Pet Nutrition, Inc.
20. Himalaya Wellness
21. Honest Kitchen
22. Kirkland Signature
23. Lily's Kitchen
24. LUPUS Alimentos
25. Luscious
26. Mars Incorporated
27. Marukan co.,ltd
28. Merrick Pet Care, Inc.
29. Monge & C. Spa
30. Nestle
31. Newman's Own, Inc.
32. Nippon Pet FoodCo. Ltd
33. Organix
For detail insights on this market, request for methodology here@https://www.maximizemarketresearch.com/request-sample/166911
Table of content for the Organic Pet Food Market includes:
Part 01: Executive Summary
Part 02: Scope of the Organic Pet Food Market Report
Part 03: Global Organic Pet Food Market Landscape
Part 04: Global Organic Pet Food Market Sizing
Part 05: Global Organic Pet Food Market Segmentation
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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