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Vegan Dog Food Market Size, Analysis, Growth Key Factors, Demand, Share And Forecast 2033
Vegan Dog Food Market
The Business Research Company presents an extensive market research report on the Vegan Dog Food Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The vegan dog food market size has grown rapidly in recent years. It will grow from $15.64 billion in 2023 to $17.51 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to health advantages of vegan dog food, growth of organic pet food and expansion of online sales channels, environmental concerns and sustainability.
The vegan dog food market size is expected to see rapid growth in the next few years. It will grow to $27.03 billion in 2028 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to growing pet population, popularity of human diets with less or no animal meat, greater empathy and consciousness among dog owners. Major trends in the forecast period include organic and conventional food, regional expansion, tailored and specialized options for vegan dog food.
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Key Market Players:
Major companies operating in the vegan dog food market report are Nestlé Purina PetCare Company, Pedigree Pet Foods, Royal Canin, Natural Balance Pet Foods Inc., Real Pet Food Company, Nutro Products Inc., Wild Earth, Halo Pets, Petcurean, Yarrah, Zuke's, Open Farm Pet, V-dog, Benevo, Amì Planet Srl, Antos B.V., Evolution Diet , Forza10, Duvoplus, Azmira Holistic Animal Care, Bramble Pets, VegDog, JustFoodForDogs, Rollover Premium Pet Food Ltd., Soopa Pets, Petaluma Inc., Guardian Pet Food Company Inc., Amore Pet Foods, Vegan4dogs, PawCo Foods
Market Drivers:
The growing pet population is expected to propel the growth of the vegan dog food market. Pet population refers to the number of domesticated animals kept as pets within a specific area or population. Vegan dog foods are often lower in fat and calories than traditional meat-based diets and also offer a sustainable, allergy-friendly, and potentially healthier dietary option for dogs. This can be beneficial for dogs that need to manage their weight or have specific dietary requirements to support conditions such as obesity. For instance, in September 2022, according to HealthforAnimals, a Europe-based government organization, Australia's pet population grew from 28.5 million to 30.4 million in 2021. Additionally, in 2022, according to the European Pet Food Industry, the total number of pets in Europe was 346 million, an increase from 309 million in 2021. Dog adoption accounted for 104 million in 2022, up from 92 million in 2021. Therefore, the increasing pet population is driving the growth of the vegan dog food market.
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https://www.thebusinessresearchcompany.com/report/vegan-dog-food-global-market-report
The vegan dog food market covered in this report is segmented -
1) By Product Type: Dry Food, Wet food, Treats, Other Products
2) By Age Group: Adults, Senior, Puppies
3) By Packaging Type: Pouches, Bags, Folding cartons, Tubs And Cups, Can, Bottles And jars
4) By Distribution Channel: Store-Based Retailing, Online Retailers
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