Press release
Surge In Pet Ownership To Drive Market Growth: A Key Factor Shaping the Future of the Therapeutic Dog Food Market in 2025
Therapeutic Dog Food Market
The upward trend in pet ownership is anticipated to fuel the expansion of the therapeutic dog food market in the future. Owning a pet encompasses individuals who possess, lodge, maintain, or hold a dog, cat, or any other domesticated animal. Therapeutic dog food is beneficial in disease prevention and also provides other salubrious nutrients for the right growth and balanced diet. Consequently, the surge in pet ownership is anticipated to augment the demand for therapeutic dog food. For example, the American Veterinary Medical Association, a non-profit professional organization, projected that by October 2024, the total dog-owning households in the U.S. would grow by 59.8 million, equivalent to 45.5% of all U.S. households. Moreover, cat-owning households are expected to grow by 42.1 million, accounting for 32.1% of all U.S. households. Therefore, the increase in pet ownership is a significant factor contributing to the expansion of the therapeutic dog food market.
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What growth opportunities are expected to drive the therapeutic dog food market's CAGR through 2034?
In recent years, the market size for therapeutic dog food has seen a robust growth. The market is predicted to expand from a size of $6.91 billion in 2024 to $7.3 billion in 2025, displaying a compound annual growth rate (CAGR) of 5.7%. Factors contributing to this notable growth in the historic period include escalating pet ownership rates, heightened consciousness about pet health, rise in the trend of pet humanization, commonality of health problems among dogs, and advice from veterinarians.
The market size of therapeutic dog food is predicted to experience a significant surge in the approaching years. The market is forecasted to expand to a value of $9.26 billion in 2029, with a compound annual growth rate (CAGR) of 6.1%. The expected growth during the predicted period is due to factors such as an increase in the elderly pet population, a rise in allergy instances, advancements made in veterinary medicine, developments in nutrigenomics and personalized nutrition, and heightened attention towards digestive health. The upcoming major trends include personal and prescribed diets, diets free of grain and with limited ingredients, expansion of online retail, the humanization of pet food, and ongoing research in nutrigenomics.
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What are the emerging trends shaping the future of the therapeutic dog food market?
One significant trend emerging in the therapeutic dog food industry is the rise of product innovations. To maintain their market stand, key corporations in the therapeutic dog food sector are turning towards modern technologies. For example, PawCo Foods, an American enterprise known for creating healthful, and tasty plant-based meat dog food, launched the world's first dog food derived from plant-based meat in August 2022. Comprising all the essential vitamins, minerals, and amino acids needed by most adult dogs to thrive, this product is also suggested for pets suffering from allergies.
Which growth-oriented segments of the therapeutic dog food market are leading the industry's development?
The therapeutic dog food market covered in this report is segmented -
1) By Type: Dry Food, Wet Or Canned Food, Snacks Or Treats, Other Types
2) By Distribution Channel: Super markets Or Hyper markets, Specialty Pet Food Stores, Online Channels, Other Distribution Channel
3) By Application: Weight Management, Digestive Care, Allergy And Immune System Health, Diabetes, Skin And Coat Care, Kidney Health, Hip And Joint Care, Illness And Surgery Recovery Support, Other Applications
Subsegments:
1) By Dry Food: Prescription Dry Dog Food, Grain-Free Dry Dog Food, High-Protein Dry Dog Food
2) By Wet Or Canned Food: Prescription Wet Dog Food, Grain-Free Wet Dog Food, High-Protein Wet Dog Food
3) By Snacks Or Treats: Prescription Treats, Functional Snacks, Natural Treats
4) By Other Types: Freeze-Dried Therapeutic Food, Dehydrated Therapeutic Food, Homemade Or Custom Diets
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What regions are leading the charge in the therapeutic dog food market?
Asia-Pacific was the largest region in the therapeutic dog food market in 2024. The regions covered in the therapeutic dog food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the therapeutic dog food market?
Major companies operating in the therapeutic dog food market include Nestlé S.A., Archer Daniels Midland Company, Mars Incorporated, The J.M. Smucker Company, Unicharm Corporation, Nisshin Seifun Group Inc., Thai Union Group PCL, Hill's Pet Nutrition Inc., Spectrum Brands Inc., Royal Canin SAS, Blue Buffalo Co. Ltd., Virbac Corporation, Dechra Veterinary Products LLC, Affinity Petcare S.A., Schell & Kampeter Inc., Vetoquinol Group, Champion Petfoods, JustFoodForDogs, Darwin's Natural Pet Products, Animonda Petcare GmbH, Health Extension, Gambol Pet Group, Rayne Clinical Nutrition LLC, Vetdiet, iVet Professional Formulas., Wellness Pet Company
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What Is Covered In The Therapeutic Dog Food Global Market Report?
• Market Size Forecast: Examine the therapeutic dog food market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the therapeutic dog food market for a structured understanding.
• Key Players Overview: Analyze major players in the therapeutic dog food market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the therapeutic dog food market.
• Segment Contributions: Evaluate how different segments drive overall growth in the therapeutic dog food market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the therapeutic dog food market.
• Industry Challenges: Identify potential risks and obstacles affecting the therapeutic dog food market.
• Competitive Landscape: Review strategic developments in the therapeutic dog food market, including expansions, agreements, and new product launches.
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