Automatic And Smart Pet Feeder Market Competitive And Growth Analysis 2024 | Pets at Home Group Plc, Godrej Agrovet Limited, Shenzhen Petlibro Pet Products Co. Ltd.

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Automatic And Smart Pet Feeder Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.86 billion In 2028 At A CAGR Of 13.6% :

The automatic and smart pet feeder market size has grown rapidly in recent years. It will grow from $1.49 billion in 2023 to $1.72 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to rising demand for convenience, integration with IoT ecosystems, multifunctionality of smart pet feeders, influence of pet-centric media and entertainment, increasing pet lifespan and aging pets.

The automatic and smart pet feeder market size is expected to see rapid growth in the next few years. It will grow to $2.86 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to increasing pet ownership ,increasing adoption of smart home technology ,increasing in convenience-driven lifestyles ,increasing awareness of pet health and nutrition, the increasing humanization of pets. Major trends in the forecast period include integration with IoT ecosystems, product innovation and advancements, integration with smart home ecosystems, introduction of smart food dispensing sensors, pet industry partnerships and collaborations.

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Automatic And Smart Pet Feeder Market Major Segments
The automatic and smart pet feeder market covered in this report is segmented -

1) By Product: Automatic Smart Feeder, Smart Pet Feeder
2) By Pet Type: Dogs, Cats, Other Pet Types
3) By Price Range: Low-Cost Feeder, Mid-Range Feeder, High-End-Feeder
4) By Application: Pet Healthcare, Communication And Entertainment, Pet Owner Convenience, Pet Safety
5) By Distribution Channel: Online E-Commerce Stores, Hypermarkets Or Supermarkets, Pet Care Stores And Clinics

Key Driver - Driving Forces Behind The Growth Of Automatic And Smart Pet Feeder Markets

The increasing demand for pet ownership is expected to propel the growth of the automatic and smart pet feeder markets going forward. The demand for pet ownership is increasing due to the growing recognition of pets for companionship and emotional support, as well as the trend towards humanization of pets. Automatic and smart pet feeders offer convenient solutions for pet care tasks, reducing the time and effort required to feed pets regularly, making pet ownership more manageable, and appealing to potential pet owners. This convenience factor encourages individuals to consider adopting pets, contributing to the overall increase in pet ownership rates. For instance, according to the American Pet Products Association (APPA), a US-based non-profit association, pet ownership in the United States experienced a substantial surge in 2022, witnessing an increase of 11% compared to the preceding year. Therefore, the increasing demand for pet ownership drives the growth of the automatic and smart pet feeder markets.

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Prominent Trend - Innovative Trends In Pet Care The Rise Of Automatic Pet Feeders With Cameras

Major companies operating in the automatic and smart pet feeder market are focusing on developing innovative products, such as Petlibro Granary Automatic Pet Feeder, to gain a competitive edge in the market. Petlibro Granary Automatic Pet Feeder is a device that automatically dispense food for pets or livestock based on predefined schedules. For instance, in April 2021, Petlibro, a US-based brand offering various pet products, launched the Petlibro Granary Automatic Pet Feeder, an automatic, cheap pet feeder designed for the busiest pet parents. It incorporates sensors to detect food levels, dispense the correct amount, and possibly even monitor feeding patterns and behaviors. These sensors enable the feeder to operate automatically, providing pet owners with remote control and monitoring capabilities through smartphone apps or other interfaces.

Automatic And Smart Pet Feeder Market Players
Major companies operating in the automatic and smart pet feeder market are Pets at Home Group Plc, Godrej Agrovet Limited, Shenzhen Petlibro Pet Products Co. Ltd. , Tuya Global Inc., Radio Systems Corporation , Hangzhou Tianyuan Pet Products Co. Ltd. , Ceva Santé Animale, Automated Pet Care Products Inc. , OurPets Company, Petwant Co. Ltd., Owon Technology Inc., Dogness (International) Corporation, Zesty Paws, Arf Pets, Anser Innovation LLC , Petcube Inc., Whistle Labs Inc. , Petkit Ltd., Petoneer Limited , Encaya Corp., iFetch LLC, PetFusion LLC, Doskocil Manufacturing Co. Inc., Vet Innovations Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the automatic and smart pet feeders market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic and smart pet feeder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automatic And Smart Pet Feeder Market Report Structure
3. Automatic And Smart Pet Feeder Market Trends And Strategies
4. Automatic And Smart Pet Feeder Market - Macro Economic Scenario
5. Automatic And Smart Pet Feeder Market Size And Growth
…..
27. Automatic And Smart Pet Feeder Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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