Automatic and Smart Pet Feeder Market Size, Share & Trends Analysis Report Forecast 2024-2031.

The global automatic and smart pet feeder market is anticipated to grow at a significant CAGR of 21.0% during the forecast period. Rising health and well-being concern of pets among owners coupled up with increasing adoption of multiple pets are the major factor contributing to the growth of automatic and smart pet feeder market. Pet obesity is leading health threat and common chronic disease in pets which is leading to serious health conditions including heart and respiratory disease and kidney disease that can shorten pets' lives. According to Association for Pet Obesity Prevention 2018 clinical survey, 55.8% of dogs and 59.5% of cats were classified as clinically overweight or obese. The growing stress for the health of pets has resulted in surge in demand for automatic pet feeders as they help to offer proper weight management by giving the pet the portioned feedings timely. Manufacturers of automatic and smart pet feeder have started promoting their offerings with features including weight management in their products. For instance, Vet Innovations offers PortionPro Rx as a tool for veterinarians and pet owners to boost compliance with weight-loss recommendations. Launched in 2018, this device uses proprietary access-control technology to help pets lose weight by controlling both portions and access. The product ensures that dogs and cats follow prescription diets and prevent food theft between pets in multi-pet households.

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Impact of COVID-19 Pandemic on Global Automatic and Smart Pet Feeder Market

Automatic and Smart Pet Feeder industry had a great impact of COVID 19 pandemic, even after supply chain disruptions, shut down of facilities, restrictions on movement, the smart pet feeders experienced rising demand. This was mainly attributed due to higher adoption of pets during pandemic and rise in online shopping of pet products. According to The American Kennel Club, large number people decided to add new pets to their house during the pandemic and number of U.S. households that have at least one dog (69 million homes) increased to 54% in 2020 from 50% in 2018. Along with this, Pet owners shopping online increased by almost 20%, up to 86% and in-person shopping dropped to 41%. As a result, the decision by owner to add new pets to their household was majorly influenced by the pandemic.

Segmental Outlook

The global automatic and smart pet feeder market is segmented based on the product, application, and distribution channel. Based on the product, the market is segmented into Automatic Pet Feeder, Smart Pet Feeder. Based on the application, the market is sub-segmented into the dogs, cats, and others. Based on the distribution channel, the market is further segmented into online and offline. The above-mentioned segments can be customized as per the requirements.

by Product (Automatic Pet Feeder and Smart Pet Feeder),

by Application (Dogs, Cats, and Others), and

by Distribution Channel (Online and Offline)

Market Players Outlook

The major companies serving the global automatic and smart pet feeder market include Arf Pets, Inc., Blueroad RE s.r.o., Qpets Inc., Shenzhen E-lirking Net Tech Co., Ltd., Tuya Global Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2019, Sure Petcare launched SureFeed Microchip Pet Feeder Connect. The smart feeder monitors the eating behavior of pets and sends real-time updates directly to the pet owner's phone. The product is also incorporated with integrated scales, which supports owners to provide accurate food portions and personalize their pet's feeding.

The Report Covers

Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global automatic and smart pet feeder market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

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