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Automatic Dog feeder market Projected Expansion to $998.7 million by 2030 with a 8.0 % CAGR

12-21-2023 08:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied market research

/ PR Agency: David Correa 
Automatic Dog Feeder Market

Automatic Dog Feeder Market

According to the report published by Allied Market Research, the global automatic dog feeder market generated $344.6 million in 2020, and is anticipated to reach $998.7 million by 2030, manifesting a CAGR of 8.0 % from 2021 to 2030. The report offers an in-depth analysis of the market size, future estimations, emerging and current trends, and key players.

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"Increase in the working population is a key factor causing a rise in demand for the global automatic dog feeder market. There is also an increase in awareness concerning pet feeding practices, which is propelling the market growth. The COVID-19 pandemic impacted the market severely, especially the offline segment of the market."

Rise in the working population including men and women, increase in the rate of adoption of dogs, and surge in health awareness concerning pet health are the key factors driving the global automatic dog feeder market. However, inclination towards other pets such as cats along with noisy feeding machines can hamper the automatic dog feeder market. On the other hand, a smart pet feeder with a built-in camera and voice assistants and online availability of the product create opportunities for the dog feeder market players.

Covid-19 impact on global automatic dog feeder market:
The offline sales channels of the automatic dog feeder market got affected severely due to the Covid-19 pandemic as brick and mortar stores wereshut down across the globe to stop the infection from spreading.

The market also witnessed positive growth due to increased acceptance of pet and related products and solutions.

The global automatic dog feeders market is estimated to witness positive growth in the post-pandemic world.

The report segments the global automatic dog feeder market on the basis of type, distribution channel, nature, and region.

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Based on type, the programmable dog feeder segment accounted for the largest market share in 2020, contributing to nearly three-fourths of the total share, and is anticipated to maintain the lead during the forecast period. Moreover, the same segment is anticipated to manifest the fastest CAGR of 8.4% from 2021 to 2030. The report has also covered the gravity dog feeder segment.

Based on nature, the traditional dog feeder segment contributed to the largest share in 2020, accounting for more thantwo-thirds of the global automatic dog feeder market. The same segment is expected to lead throughout the forecast period. However, the smart dog feeder segment is expected to manifest the highest CAGR of 8.9% from 2021 to 2030.

Based on region, North America contributed to the highest share in 2020, holding more than two-fifths of the total share, and is expected to maintain dominance throughout the forecast period. On the other hand, Asia-Pacific is expected to portray the fastest CAGR of 9.7% during the forecast period.

Leading players of the global automatic dog feeder market analyzed in the research include Doskocil Manufacturing Co. Inc. Corporation, Dogness International, Petlibro, Petkit, Trixie Heimtier bedarf Gmbh & Co., Radio System Corporation, Tuya Smart, Vet Innovations, Inc., and Wopet Pet Product Ltd.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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