Press release
Raw Pet Food Market Growth Factors, Size Review, Investment Scenario, Development Strategy, Share, Industry Growth, Business Strategy, Trends and Regional Outlook 2030
๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐ญ๐จ ๐๐๐๐๐ก ๐๐๐ 206.01 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2030, ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ 5.2% ๐๐๐๐: ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐ญ. ๐๐ญ๐.The ๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ valued at USD 144.47 billion in 2023, is poised to expand to USD 206.01 billion by 2030, at a compound annual growth rate (CAGR) of 5.2% during the forecast period. This substantial growth underscores the increasing preference for high-quality raw pet food, driven by pet owners' desire to enhance their pets' health, digestive, and immune systems, as well as their skin and coat quality.
๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The trend towards high-quality raw pet food is gaining traction as it significantly improves pets' overall health. This shift is evident in the evolving pet food industry, which now includes options like artificial meat, plant-based food, and dehydrated food, catering to rising pet health concerns and dietary trends. The popularity of raw pet food surged during the COVID-19 pandemic, reflecting an increased demand for raw pet supplements and nutraceuticals.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/108810/
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:
โข Base Year: 2023
โข Forecast Period: 2024-2030
โข Historical Data: 2018 to 2023
โข Market Size in 2023: US $ 144.47 Bn.
โข Forecast Period 2024 to 2030 CAGR: 5.2%
โข Market Size in 2030: US $ 206.01 Bn.
๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Pet humanization, where pets are considered family members, is a significant driver of raw pet food adoption. In the U.S., over 95% of pet owners regard their pets as family, emphasizing the importance of safe and nutritious pet food. This trend has led to the development of innovative pet foods and supplies that cater to the specific dietary needs of pets.
The growing trend of veganism among millennials is influencing the pet food market, as pet owners seek vegan options for their pets. This has led to the introduction of lab-grown and plant-based pet foods that are cruelty-free and nutritionally adequate. For instance, Bond Pet Foods is developing protein-rich vegan pet meals using biotechnology, providing sustainable alternatives to traditional meat-based diets.
Nutraceuticals, containing essential natural compounds, are becoming increasingly popular for preventing health issues in pets. Supplements like probiotics, silymarin, and glucosamine support gut health, liver function, and joint health, respectively. The rising awareness of these benefits is driving demand for nutraceutical-enhanced pet foods.
๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
Despite its benefits, raw pet food poses health risks due to potential contamination with bacteria like salmonella and E. coli, which can cause gastrointestinal issues in pets and pose risks to humans. Pets with weakened immune systems are particularly vulnerable, leading some pet owners to avoid raw pet food, potentially hindering market growth.
๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐ฒ๐ฉ๐
The dog segment dominated the market in 2023, accounting for over 46.5% of global revenue. The humanization of pets, especially dogs, drives the demand for premium raw pet food. This trend is expected to continue, with increasing dog ownership and a focus on pet health.
โข Dogs
โข Cats
โข Others
๐๐ฒ ๐ ๐จ๐จ๐ ๐๐ฒ๐ฉ๐
Dry food held the largest market share in 2023, due to its benefits in dental care and convenience. It reduces the need for refrigeration, making it a popular choice among pet owners.
โข Dry food
โข Wet food
๐๐ฒ ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ
โข Online
โข Offline
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/108810/
๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
North America led the market with a 46.9% share in 2023, driven by high consumer awareness and the humanization of pets. The American Pet Product Association reported record domestic sales of pet food, with 70% of households owning at least one pet.
Europe is emerging as a lucrative market, with key players introducing new raw pet food products. Innovations in ingredients and customization options are helping companies gain a competitive edge.
These regions are expected to offer new growth opportunities as pet parenting culture evolves. The rising adoption of pets and increasing awareness of pet health are key factors driving market growth.
๐๐๐ฐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Key players in the raw pet food market are focusing on strategic initiatives like mergers and acquisitions to expand their market share.
โฆ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
WellPet
Stella & Chewy
Vital Essentials Raw
Nature's Variety
Steve's Real Food
Primal Pets
Grandma Lucy's
NRG Freeze Dried Raw
Orijen
NW Naturals
Harvey's
Pedigree Petfoods
Friskies PetCare Company
Bravo, LLC
Stewart Brand Dog Food
Colgate Palmolive Co
J.M. Smucker Co
Raw Paws Pet, Inc
Raw Basics LLC
BARW World
Merrick Pet Care, Inc.
Castor & Pollux Natural Petworks
โฆ ๐๐ฎ๐ซ๐จ๐ฉ๐
Royal Canin
Nestle SA
โฆ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
Essential Foods
โฆ ๐๐ข๐๐๐ฅ๐ ๐๐๐ฌ๐ญ ๐๐ง๐ ๐๐๐ซ๐ข๐๐
K9 Naturals
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The raw pet food market is set for significant growth, driven by trends in pet humanization, veganism, and the increasing awareness of nutraceutical benefits. Despite health concerns related to raw pet food, the market is expected to expand, with North America and Europe leading the way. Emerging markets in Asia Pacific and Latin America also present promising opportunities for market players.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ญ๐จ ๐๐๐ข๐ง ๐๐๐๐ฉ๐๐ซ ๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/market-report/global-raw-pet-food-market/108810/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ:
โข ๐๐ก๐ ๐๐ข๐ ๐๐ข๐๐ญ๐ฎ๐ซ๐: Market size, overview, and key points.
โข ๐๐ฎ๐ซ ๐ ๐จ๐๐ฎ๐ฌ: Specific areas, timeframe, and scope we'll explore.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ: Who are the big businesses and up-and-comers?
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐: How much money is flowing in this market?
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง: Different types of products/services and their segments.
โข ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ก๐๐๐ค: How easy (or tough) is it to compete in this market?
โข ๐๐ก๐จ'๐ฌ ๐๐ฎ๐ฒ๐ข๐ง๐ ?: Understanding the customer base and their needs.
โข ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ: How does this market differ around the world?
โข ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฆ๐: Making informed choices in this market.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐ข๐๐ญ๐ฌ: What's driving changes in the market?
โข ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐จ๐จ๐ค: Emerging trends that will shape the market.
โข ๐๐ก๐ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ: Who are the major companies selling in this market?
โข ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Strengths and weaknesses of the key players.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Raw Pet Food?
โข What was the Raw Pet Food market size in 2023?
โข What is the growth rate of the Raw Pet Food Market?
โข Which are the factors expected to drive the Raw Pet Food market growth?
โข What are the different segments of the Raw Pet Food Market?
โข What growth strategies are the players considering to increase their presence in Raw Pet Food?
โข What are the upcoming industry applications and trends for the Raw Pet Food Market?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Raw Pet Food Market?
โข What is the demand pattern of the Raw Pet Food Market?
โข What major challenges could the Raw Pet Food Market face in the future?
โข What segments are covered in the Raw Pet Food Market?
โข Who are the leading companies and what are their product portfolios in the Raw Pet Food Market?
โข What segments are covered in the Raw Pet Food Market?
โข Who are the key players in the Raw Pet Food market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
โขPast Market Size and Competitive Landscape (2018 to 2023)
โข Past Pricing and price curve by region (2018 to 2023)
โข Market Size, Share, Size & Forecast by Different Segment | 2023-2029
โข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Market Segmentation - A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
โข PESTLE Analysis
โข PORTER's analysis
โข Value chain and supply chain analysis
โข Legal Aspects of Business by Region
โข Lucrative business opportunities with SWOT analysis
โข Recommendations
๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฅ๐๐ฏ๐๐ง๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐๐ฃ๐๐๐ญ๐ฌ:
1. Chewing Gum Market https://www.maximizemarketresearch.com/market-report/global-chewing-gum-market/27775/
2. China Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/china-electric-vehicle-market/63300/
3. Chlorine Market https://www.maximizemarketresearch.com/market-report/global-chlorine-market/15326/
4. Chub Packaging Market https://www.maximizemarketresearch.com/market-report/global-chub-packaging-market/98461/
5. Cider Market https://www.maximizemarketresearch.com/market-report/global-cider-market/27300/
6. Circular Connectors Market https://www.maximizemarketresearch.com/market-report/global-circular-connectors-market/112229/
7. Cloud Erp Market https://www.maximizemarketresearch.com/market-report/global-cloud-erp-market/31769/
8. Cloud Raw Pet Food Market https://www.maximizemarketresearch.com/market-report/global-cloud-gaming-market/81857/
9. Cloud High Performance Computing Market https://www.maximizemarketresearch.com/market-report/cloud-high-performance-computing-market/14233/
10. Cloud Migration Services Market https://www.maximizemarketresearch.com/market-report/global-cloud-migration-services-market/1376/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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