Frozen Pet Food Market worth $3.23 billion by 2030, growing at a CAGR of 4.55% - Exclusive Report by 360iResearch

The "Frozen Pet Food Market by Product Type (Dry Pet Foods, Organic Products, Treats/Snacks), Orgin (Animal based, Plant based), Pricing, Ingredient Type, Distribution, Vendor Type - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Frozen Pet Food Market to grow from USD 2.36 billion in 2023 to USD 3.23 billion by 2030, at a CAGR of 4.55%.

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Frozen Pet Food distinctly refers to a specialized category of pet nutrition products consisting of fresh raw ingredients that are meticulously processed and securely frozen for prolonged preservation. The formulation of these pet foods primarily involves ingredients such as meat, fruits, vegetables, and grains, closely mirroring the variety of nutrients a pet might find in nature. The frozen pet food market primarily comprises vendors and consumers who are engaging in the production, distribution, and acquisition of frozen food for pets. These pet foods usually contain raw ingredients free from preservatives and are frozen to maintain nutrient content. These foods are touted as healthier alternatives to regular pet foods, marking a significant shift in pet-owning culture impacting the pet food industry. The scope of this market extends from a local to a global scale, with many companies spreading their distribution networks to various countries to meet the increasing demand. Several underlying factors are augmenting the growth of the frozen pet food market, including changing preferences towards healthy and long-standing pet food, a growing trend for nuclear families, and changing lifestyles. The upward growth of the frozen food market is supported by a rising endorsement by celebrities and advertisements, coupled with the willingness of pet owners to spend more on premium pet food products are driving this market's growth. However, the limited availability of ingredients, price sensitivity, the presence of counterfeit products, and the lack of a universal regulatory structure hinder the growth of the market. On the other hand, inclination towards adopting and humanizing pets and the shift toward novel and premium pet food present lucrative opportunities for the frozen pet food market to grow in the coming years.

The Americas make up a significant portion of the frozen pet food market. The increasing awareness of pet health significantly influences market growth. In this region, an increased focus on pet health due to a rise in pet obesity rates witnessed a surge in the demand for premium and nutrient-rich frozen pet food. Furthermore, leading frozen pet food manufacturers contributing to the regional market with new product launches cater to the pressing needs of health-conscious pet owners. The EU countries for frozen pet food has been growing consistently due to increased spending on pet care by owners. In the Middle East and Africa region, the market is still evolving; nevertheless, increased pet adoption and consequent demand for high-quality pet food provide the potential for market growth. In the APAC region, several countries are witnessing a rapid growth rate in the frozen pet food market. The increasing pet population and rising awareness of pet health and nutrition drive the market. The market in this region reflects a surge in demand owing to an aging pet population that requires specialized diet needs.

Market Segmentation & Coverage:

This research report categorizes the Frozen Pet Food Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product Type, market is studied across Dry Pet Foods, Organic Products, Treats/Snacks, Veterinary Diets, and Wet Pet Foods. The Dry Pet Foods commanded largest market share of 29.16% in 2023, followed by Veterinary Diets.

Based on Orgin, market is studied across Animal based and Plant based. The Animal based commanded largest market share of 69.97% in 2023, followed by Plant based.

Based on Pricing, market is studied across Economy Segment, Premium Segment, and Super-premium Segment. The Economy Segment commanded largest market share of 46.73% in 2023, followed by Premium Segment.

Based on Ingredient Type, market is studied across Acidulants, Flavors, Natural Antimicrobials/Mold Inhibitors, Natural antioxidant, Synthetic Antimicrobials/Mold Inhibitors, and Synthetic Antioxidant. The Acidulants commanded largest market share of 11.31% in 2023, followed by Flavors.

Based on Distribution, market is studied across Offline Mode and Online Mode. The Offline Mode is further studied across Hypermarkets and Specialized Pet Shops. The Offline Mode commanded largest market share of 90.99% in 2023, followed by Online Mode.

Based on Vendor Type, market is studied across Ingredient Suppliers, Manufacturers, and Renderers. The Manufacturers commanded largest market share of 40.21% in 2023, followed by Ingredient Suppliers.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.45% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Frozen Pet Food Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Frozen Pet Food Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Frozen Pet Food Market, highlighting leading vendors and their innovative profiles. These include BrightPet Nutrition Group, LLC, Camlin Fine Sciences Ltd., Canature Processing Ltd., Carnivore Meat Company, LLC, Champion Petfoods Holding Inc., Corbion NV, Dr. Harvey's, DuPont de Nemours, Inc., Fresh Is Best, Grandma Lucy's LLC, Kemin Industries, Inc., Kerry Group PLC, LazyPet Foods, Mars, Incorporated, Natural Pet Food Group, Nature's Variety by Affinity Petcare, S.A.U., Nestlé S.A., Northwest Naturals Raw Pet Food, NRG Plus Limited, Primal Pet Group, Inc., Stella & Chewy's, LLC, Steve's Real Food, The Scoular Company, and Wellness Pet Company, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Frozen Pet Food Market, by Product Type
7. Frozen Pet Food Market, by Orgin
8. Frozen Pet Food Market, by Pricing
9. Frozen Pet Food Market, by Ingredient Type
10. Frozen Pet Food Market, by Distribution
11. Frozen Pet Food Market, by Vendor Type
12. Americas Frozen Pet Food Market
13. Asia-Pacific Frozen Pet Food Market
14. Europe, Middle East & Africa Frozen Pet Food Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Frozen Pet Food Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Frozen Pet Food Market?
3. What is the competitive strategic window for opportunities in the Frozen Pet Food Market?
4. What are the technology trends and regulatory frameworks in the Frozen Pet Food Market?
5. What is the market share of the leading vendors in the Frozen Pet Food Market?
6. What modes and strategic moves are considered suitable for entering the Frozen Pet Food Market?

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