Press release
Pet Food Market Set for Expansion, Expected to Reach USD 200.86 Billion by 2030
The ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 140.86 Billion in 2023 and the total Pet Food Market revenue is expected to grow at a CAGR of 5.2% from 2024 to 2030, reaching nearly USD 200.86 Billion.๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The pet food market is experiencing robust growth as more pet owners treat their pets as integral members of the family, leading to an increasing demand for high-quality and nutritionally rich pet food products. This shift is being further fueled by a growing trend of humanizing pets, where consumers prioritize the well-being of their animals, driving demand for specialized, health-focused food options. The market spans a wide array of products, from dry food to wet food, snacks, and treats, catering to diverse dietary needs. Additionally, with advancements in online retail and the increasing availability of specialty pet food stores, the market is poised to expand, with premium products at the forefront.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐๐ฒ! https://www.maximizemarketresearch.com/request-sample/21009/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ:
The main drivers of growth in the pet food market include the humanization of pets, which has significantly increased the demand for premium and customized food options. As consumers become more health-conscious, they are seeking nutritionally dense pet foods with high-quality ingredients. In addition, the rising trend of pet wellness has made pet owners increasingly aware of their pets' dietary needs, leading to a surge in demand for foods that promote health benefits like weight management and improved digestion. Furthermore, the rise in e-commerce and the convenience of online shopping for pet food are also contributing factors, making it easier for consumers to access a variety of products tailored to their pets' needs.
๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
There is a noticeable shift towards natural and organic pet foods, as pet owners seek healthier options for their pets, free from artificial additives. Sustainability is also becoming a prominent trend, as consumers increasingly look for brands that offer environmentally responsible products. The demand for pet food that supports specific health conditions like obesity, allergies, and aging is also on the rise, driving innovation in personalized diets and custom meal plans for pets. Additionally, pet food brands are focusing on convenience, introducing products such as microwaveable packs and premium dining options for pets, catering to owners seeking more luxury and convenience for their furry companions.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/inquiry-before-buying/21009/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐จ๐๐๐ฅ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ
๐๐ข๐ง๐ก ๐๐จ๐๐ง ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, a Vietnam-based seafood producer, has partnered with ๐๐๐ญ๐๐จ๐จ๐ ๐๐ข๐๐ญ๐ง๐๐ฆ to launch a new line of protein-rich, fish-based pet foods. This collaboration aims to leverage Vietnam's rich aquatic resources, meeting the demand for natural and sustainable pet food products.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
In Thailand, ๐๐ก๐๐ซ๐จ๐๐ง ๐๐จ๐ค๐ฉ๐ก๐๐ง๐ ๐ ๐จ๐จ๐๐ฌ (๐๐๐ ) acquired ๐๐๐ซ๐๐๐๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐จ๐ง ๐๐ซ๐จ๐ฎ๐ฉ, a leading pet food manufacturer in Southeast Asia. This acquisition allows CPF to expand its presence in the premium pet food segment, focusing on organic and grain-free offerings.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐ข๐๐ก๐
Singapore-based ๐๐๐ฅ๐ฅ๐ง๐๐ฌ๐ฌ ๐๐๐ญ ๐ ๐จ๐จ๐๐ฌ entered a strategic merger with ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ข๐๐ฌ, combining their expertise to develop high-quality pet food products tailored for pets with allergies and dietary restrictions.
๐๐๐ฉ๐๐ง: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐ญ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง
๐๐ง๐ข๐๐ก๐๐ซ๐ฆ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, a leader in pet care in Japan, has acquired ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ, a startup specializing in AI-driven pet nutrition analysis. This acquisition enables Unicharm to offer personalized pet food options based on detailed health assessments of pets.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ
South Korea's ๐๐ ๐๐ก๐๐ข๐ฅ๐๐๐๐๐ง๐ has ventured into the pet food market by acquiring ๐๐๐ญ๐๐ฏ๐๐ซ, a domestic pet food manufacturer. The acquisition strengthens CJ's position in the premium pet food market, emphasizing freeze-dried and grain-free products.
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ: ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ค๐๐ฌ ๐ญ๐ก๐ ๐๐๐๐
In Europe, ๐๐๐ฌ๐ญ๐ฅรฉ ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ญ๐๐๐ซ๐ has acquired ๐๐ข๐ฅ๐ฒ'๐ฌ ๐๐ข๐ญ๐๐ก๐๐ง, a UK-based organic pet food company. This acquisition underscores Purina's commitment to sustainability and expands its portfolio of natural and organic pet food products in Europe.
๐๐๐: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ
In the United States, ๐๐๐ซ๐ฌ ๐๐๐ญ๐๐๐ซ๐ has continued to dominate the industry by acquiring ๐๐จ๐ฆ ๐๐จ๐ฆ, a leading fresh pet food company. This move allows Mars to capitalize on the growing trend of fresh, human-grade pet food, further solidifying its leadership in the market.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/21009/ ๏ปฟ๏ปฟ
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐ ๐จ๐ซ๐ฆ
Dry Food
Wet Food
Snacks & Treats
Other
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Cat Food
Dog Food
Others
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Animal
Plant
๐๐ฒ ๐๐๐ญ๐ฎ๐ซ๐
Organic
Inorganic
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Archer Daniel Midlands
2. Diamond Pet Foods
3. General Mills Inc.
4. Hill's Pet Nutrition, Inc
5. Merrick Pet Care, Inc
6. The Hartz Mountain Corporation
7. The J.M. Smucker Company
8. WellPet LLC
9. Burgess Pet Care
10. Colgate-Palmolive Company
11. Fressnapf
12. GA Pet FoodPartners
13. Heristo AG
14. Purina
15. Royal Canin
๐๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง ๐๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/market-report/global-pet-food-market/21009/ ๏ปฟ๏ปฟ๏ปฟ๏ปฟ๏ปฟ๏ปฟ
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Pet Food Market Size and Competitive Landscape
Pet Food Market Size, Share, Size & Forecast by different segment
Pet Food Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Pet Food Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Pet Food Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ:
โฆ Baby Safety Products Market https://www.maximizemarketresearch.com/market-report/baby-safety-products-market/191570/
โฆ Portable Air Conditioner Market https://www.maximizemarketresearch.com/market-report/portable-air-conditioner-market/194526/
โฆ Equestrian Apparel Market https://www.maximizemarketresearch.com/market-report/equestrian-apparel-market/194597/
โฆ Service Integration and Management Market https://www.maximizemarketresearch.com/market-report/global-service-integration-management-market/16990/
โฆ Edible Packaging Market https://www.maximizemarketresearch.com/market-report/global-edible-packaging-market/27182/
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