Dog Food Market 2024 Future Trends, Scope, Industry Analysis And Forecast To 2033

"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.

Dog Food 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 $53.88 billion In 2028 At A CAGR Of 8.0% :

The dog food market size has grown strongly in recent years. It will grow from $36.67 billion in 2023 to $39.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to traditional pet ownership, limited product varieties, veterinary recommendations, limited health and specialty products, brand loyalty, limited online presence.

The dog food market size is expected to see strong growth in the next few years. It will grow to $53.88 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to humanization of pets, focus on health and wellness, product diversification, e-commerce expansion, sustainability concerns. Major trends in the forecast period include technology integration, premiumization and health focus, e-commerce and direct-to-consumer channels, personalization and customization, sustainability and ethical sourcing.

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Dog Food Market Major Segments
The dog food market covered in this report is segmented -

1) By Product: Kibble, Treats And Chews, Dehydrated Food, Freeze Dried Food, Freeze Dried Raw, Wet Food, Frozen, Raw Food, Powder,
2) By Nature: Organic, Monoprotein, Conventional
3) By Source: Animal Derived, Plant Derived, Insect Derived
4) By Pet Type: Puppy, Adult, Senior
5) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online, Other Distribution Channels

Key Driver - Rising Dog Adoption Trends Fueling Surge In Nutrient-Rich Dog Food Market

Increasing dog adoption is expected to propel the growth of the dog food market going forward. Dog adoption refers to the purchase of a dog from a shelter or charity. The practice of humanizing pets is becoming more common. As a result, there is an increase in dog ownership, and people are giving their pets more nutritious food. For instance, in November 2022, according to a national survey of pets and people published by Animal Medicines Australia (AMA), an Australia-based industry body representing the leaders of the animal health industry in Australia, about half of Australian households have at least one dog, making them the most common pet. In 2022, 48% of households had dogs, up from 40% in 2019. Therefore, the increasing dog adoption is driving the growth of the dog food market.

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Prominent Trend - Jolly Pets Introduces All-Natural Fill'N Treat Reinforcing Technological Advancements In The Dog Food Market

Product innovations are a key trend gaining popularity in the dog food market. Major companies operating in the dog food market are adopting new technologies to strengthen their position in the market. For instance, in March 2023, Jolly Pets, a US-based pet products company, launched Fill'n Treat, its first all-natural consumable pet treat. Roasted peanuts, palm oil, and powdered pumpkin powder are three natural ingredients used in the creation of the dessert, which comes in the Peanutty Stuffer taste. The treat can fit inside a dog toy. Gluten, preservatives, added sugars, salt, high fructose corn syrup, xylitol, and artificial flavors and colors are all absent from Fill'n Treat.

Dog Food Market Players
Major companies operating in the dog food market report are Nestle SA, Mars Inc., General Mills Inc., Colgate-Palmolive Company, The J.M. Smucker Company, H&H Group, Diamond Pet Foods, Blue Buffalo Pet Products Inc., Unicharm PetCare Corporation, Affinity Petcare SA, Freshpet Inc., Merrick Pet Care, Champion Petfoods USA Inc., WellPet LLC, Real Pet Food Company Pty. Ltd., Russo Mangimi SpA, Nature's Variety, Fromm Family Foods LLC, Nutro Products Inc., Rollover Pet Food Limited, Di*ck Van Patten's Natural Balance Pet Foods, Evanger's Dog & Cat Food Company Inc., Boulder Dog Food Company, Canidae LLC, Solid Gold Pet LLC, Dave's Pet Food, Party Animal Inc., PetGuard Holdings LLC, Del Monte Pet Products Inc., JustFoodForDogs, Annamaet Pet Foods Inc., Beaphar Pet Healthcare Products

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Largest And Fastest Growing Region In The Market
North America was the largest region in the dog food market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global dog food market report during the forecast period. The regions covered in the dog food 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. Dog Food Market Report Structure
3. Dog Food Market Trends And Strategies
4. Dog Food Market - Macro Economic Scenario
5. Dog Food Market Size And Growth
…..
27. Dog Food Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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