Pet Milk Market to Reach $173.1 Million by 2027, Reports Allied Market Research

According to a new report published by Allied Market Research, titled, "Pet Milk Market by Pet Type, Product Form, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2027," the global pet milk market size is expected to reach $173.1 million by 2027 at a CAGR of 6.9% from 2021 to 2027.

📍𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/A10842

𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐎𝐟𝐟𝐞𝐫 𝐀𝐥𝐞𝐫𝐭! 🚀 𝐆𝐞𝐭 𝐚 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐘𝐨𝐮𝐫 𝐍𝐞𝐱𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞! 𝐁𝐮𝐲 𝐧𝐨𝐰 𝐚𝐧𝐝 𝐭𝐚𝐤𝐞 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐥𝐢𝐦𝐢𝐭𝐞𝐝-𝐭𝐢𝐦𝐞 𝐨𝐟𝐟𝐞𝐫. 🛍️

Pet milk or pet milk replacers are used as substitute for pet mother's milk (colostrum) to feed neonate puppies and kittens. When a mother dog or mother cat is not present or not capable of producing milk due to poor health conditions or sometimes if mother milk is available in insufficient quantity then pet milk replacers are used as they provides neonate dogs and cats with essential nutrients and proteins required for survival, growth, and development.

Growth in trend of owning a companion animal such as dogs and cats is gaining much more popularity than before due to factors such as physical and mental health related benefits and improved social status. Owning a pet can reduce stress, boost confidence, keep heart healthy, and help control blood pressure and cholesterol levels. These are scientifically proven facts that encourage people to own pets. Hence, rise in adoption of pets is a vital factor that propels growth of the pet milk market.

According to the pet milk market analysis, the pet milk market is segmented into pet type, product form, distribution channel, and region. On the basis of pet type, the market is categorized into dog and cat. By product form, it is segregated into powder and liquid. By distribution channel, it is segmented into specialty store, mass retail store, direct-to-consumer, e-commerce, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Italy, Russia, Germany, Poland, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).

According to the pet milk market segment, on the basis of pet type, the dog segment was the highest contributor to the market, with $59.2 million in 2019, however, growth in popularity of cats as a pet might make both these segments almost equivalent, in terms of revenue, during the forecast period. Dogs are more popular than cats as they are easy to train and can be taught manners and commands easily. However, cats are gaining immense traction in nations such as the U.S., China, Japan, and the UK as owning a cat as a pet involves low cost, less space, and no compulsion of going outdoor for walks. Hence, the revenue generated from the cat segment is expected to become equivalent to the dog segment in the future.

On the basis of product form, the powder segment was the highest contributor to the market, with $86.9 million in 2019, and is estimated to reach $131.3 million by 2027, at a CAGR of 5.0% during the forecast period. The powder segment is the most popular and the leading segment as it is highly preferred by both customers and manufacturers due to its benefits. Powder form of the pet milk requires no refrigeration, it offers convenience in storage and distribution due to its light-weight, offers longer shelf-life, and can be easily stored at room temperature. These factors reduce cost of production. Customers find it very convenient due to its ease of storage and longer shelf-life. Therefore, for these reasons, the powder segment dominates the global pet milk market.

According to the pet milk market trends, depending on distribution channel, specialty stores are popular among customers to buy pet milk. Easy availability of desired brands and forms of pet milk drives growth of the specialty store segment. Online sale of pet milk through e-commerce is also gaining popularity among customers, owing to proliferation of digital platforms at a global level.

Region wise, North America dominated the pet milk market in 2019, and is expected to sustain its dominance throughout the forecast period. The key factors driving the pet milk market growth in the region are high purchasing capacity of majority of the population, high demand for companion animals such as dogs and cats, humanization of pets, and consumer awareness regarding health benefits of owning a pet.

📍𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐚𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/A10842

"Pet milk" can refer to either milk specially formulated for pets (like cats and dogs) or a brand of evaporated milk called Pet Milk. Let's explore both:

📍𝐏𝐞𝐭 𝐌𝐢𝐥𝐤 (𝐅𝐨𝐫 𝐏𝐞𝐭𝐬)

📍𝐓𝐲𝐩𝐞𝐬

• Kitten Milk Replacer (KMR): Specially formulated for kittens that are not nursing from their mother. It provides essential nutrients required for growth and development.
• Puppy Milk Replacer (PMR): Designed for puppies, particularly those that are orphaned or need supplemental feeding.
• Adult Pet Milk: Lactose-free milk alternatives formulated for adult cats and dogs to avoid digestive issues related to lactose intolerance

📍𝐍𝐮𝐭𝐫𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬
• Balanced Nutrition: Provides essential vitamins, minerals, and nutrients.
• Digestive Health: Often formulated to be lactose-free to prevent digestive issues.
• Growth and Development: Supports the healthy growth of young pets.
• Immune System Support: Includes nutrients that help boost the immune system.

📍𝐏𝐨𝐩𝐮𝐥𝐚𝐫 𝐁𝐫𝐚𝐧𝐝𝐬
• PetAg: Known for KMR and Esbilac puppy milk replacer.
• Royal Canin: Offers babycat milk and babydog milk.
• Hartz: Provides powdered milk replacers for kittens and puppies.
• Pet Milk (Evaporated Milk Brand)

📍𝐇𝐢𝐬𝐭𝐨𝐫𝐲
• Brand: Pet Milk Company, established in the late 19th century, is one of the oldest brands of evaporated milk in the United States.
• Uses: Originally marketed as a safe, shelf-stable alternative to fresh milk. It's often used in cooking and baking.

📍𝐂𝐡𝐚𝐫𝐚𝐜𝐭𝐞𝐫𝐢𝐬𝐭𝐢𝐜𝐬
• Evaporated Milk: Made by removing about 60% of the water content from fresh milk. It has a thicker consistency than fresh milk.
• Shelf-Stable: Can be stored for a long time without refrigeration until opened.

📍𝐂𝐮𝐥𝐢𝐧𝐚𝐫𝐲 𝐔𝐬𝐞𝐬
• Baking: Used in recipes for cakes, pies, and custards.
• Cooking: Commonly added to sauces, soups, and casseroles to add creaminess.
• Beverages: Can be used to enrich coffee or tea.

📍𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 (𝐏𝐞𝐭 𝐌𝐢𝐥𝐤 𝐟𝐨𝐫 𝐏𝐞𝐭𝐬)
The market for pet milk replacers and nutritional supplements has been growing due to increasing pet ownership and the rising trend of pet humanization. Key trends include:

📍𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬: 𝐇𝐢𝐠𝐡-𝐪𝐮𝐚𝐥𝐢𝐭𝐲, 𝐧𝐚𝐭𝐮𝐫𝐚𝐥, 𝐚𝐧𝐝 𝐨𝐫𝐠𝐚𝐧𝐢𝐜 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐢𝐧 𝐝𝐞𝐦𝐚𝐧𝐝.
• Health-Focused: Products that address specific health needs like digestive health, immune support, and allergy management.
• Convenient Packaging: Ready-to-use formats and easy-to-prepare powders are popular among pet owners.

Would you like more detailed information on either type of pet milk, such as market trends, production methods, or nutritional benefits?

📍𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/A10842

The players operating in the global pet milk industry have adopted various developmental strategies to expand their market share, exploit the pet milk market opportunity, and increase profitability in the market.

The key players profiled in this report include Pet Ag, Inc., Beaphar, B.V., Grober Nutrition, Inc., Fetch For Pets, LLC, Milk Products, Inc., Manna Pro Products, LLC, Petlife International Ltd., Royal Canin U.S.A., Inc., Toplife Formula Pvt. Ltd., and Versele-Laga, N.V.

↠ 𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲

✅ The pet milk market was valued at $116.3 million in 2019, and is estimated to reach $173.1 million by 2027, growing at a CAGR of 6.9% during the forecast period.

✅ By pet type, the cat segment is estimated to witness the fastest growth, registering a CAGR of 5.1% during the forecast period.

✅ In 2019, depending on product form, the powder segment was valued at $86.9 million, accounting for 74.7% of the global pet milk market share.

✅ In 2019, the U.S. was the most prominent market in North America, and is projected to reach $44.1 million by 2027, growing at a CAGR of 5.3% during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. 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.

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