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The Impact Of A Booming Pet Population On Vegan Dog Food Demand: An Emerging Driver Transforming The Vegan Dog Food Market Landscape
Vegan Dog Food
What Is the Projected Growth of the Vegan Dog Food Market?
In recent times, there has been a swift expansion in the size of the vegan dog food market. Projected growth sees it escalating from $17.51 billion in 2024 to $19.53 billion in 2025, with a compound annual growth rate (CAGR) of 11.5%. The surge in growth during the historic period can be credited to the health benefits provided by vegan dog food, the rise in organic pet food market, the broadening of online sales platforms, along with environmental consciousness and the push for sustainability.
A significant expansion is predicted in the vegan dog food industry over the coming years, with projections showing a surge to $30.19 billion by 2029, and a compound annual growth rate (CAGR) of 11.5%. This anticipated growth during the forecast period is largely due to the increasing number of pets, the emerging trend of diets low in animal meat, and heightened awareness and empathy among dog owners. The forecast period's prominent trends encompass organic and traditional food, regional enlargement, and customised and specialised vegan dog food choices.
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What Are the Different Vegan Dog Food Market Segments?
The vegan dog food market covered in this report is segmented -
1) By Product Type: Dry Food, Wet Food, Treats, Other Products
2) By Age Group: Adults, Senior, Puppies
3) By Packaging Type: Pouches, Bags, Folding cartons, Tubs And Cups, Can, Bottles And jars
4) By Distribution Channel: Store-Based Retailing, Online Retailers
Subsegments:
1) By Dry Food: Kibble, Freeze-Dried
2) By Wet Food: Canned Food, Pouches
3) By Treats: Chewy Treats, Crunchy Treats
4) By Other Products: Supplements, Snacks, Raw Vegan Options
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What Are the Primary Drivers Shaping the Vegan Dog Food Market?
The surge in the number of pets is anticipated to fuel the expansion of the vegan dog food industry. The term pet population is used to denote the quantity of domesticated animals kept for companionship within a certain locality or populace. Vegan dog food, often possessing lesser fat and calories compared to traditional meat-based diets, can provide a sustainable, non-allergenic, and potentially healthier alternative for canine nutrition. This may prove advantageous for dogs that require weight management or have specific nutritional needs due to issues like obesity. As an example, in September 2022, HealthforAnimals, an organization based in Europe, reported that Australia witnessed a rise in its pet population from 28.5 million to 30.4 million in 2021. Likewise, in 2022, the European Pet Food Industry stated that pet number in Europe stood at 346 million, rising from 309 million in 2021. Dog adoptions for the same year tallied 104 million, marking an increase from 92 million in 2021. Consequently, the escalating pet population is propelling the growth of the vegan dog food industry.
Which Companies Are Leading in the Vegan Dog Food Market?
Major companies operating in the vegan dog food market report are Nestlé Purina PetCare Company, Pedigree Pet Foods, Royal Canin, Natural Balance Pet Foods Inc., Real Pet Food Company, Nutro Products Inc., Wild Earth, Halo Pets, Petcurean, Yarrah, Zuke's, Open Farm Pet, V-dog, Benevo, Amì Planet Srl, Antos B.V., Evolution Diet, Forza10, Duvoplus, Azmira Holistic Animal Care, Bramble Pets, VegDog, JustFoodForDogs, Rollover Premium Pet Food Ltd., Soopa Pets, Petaluma Inc., Guardian Pet Food Company Inc., Amore Pet Foods, Vegan4dogs, PawCo Foods
What Are the Major Trends Shaping the Vegan Dog Food Market?
Leading firms in the vegan dog food industry are striving to create unique offerings, like dry dog food, to enhance their market profitability. This vegan dry dog food is mainly composed of non-animal-based elements, including grains, veggies, and legumes, with meat excluded as the main protein ingredient. In December 2023, for example, UK's Pack Pet Limited, a producer of vegan dog food, launched a plant-based dry dog food. This plant-based food for dogs is the first fully balanced formula in Europe, setting a new standard in dog nutrition. Its formulation involves the use of functional ingredients like sweet potato, pumpkin, and blueberry, focusing on overall health. The manufacturing process uses a slow baking technique at reduced temperatures to protect the quality, flavor and nutritional content of the ingredients. The formula uses five key plant-based protein sources, providing around 25 grams of protein for every 100 grams of food and includes an innovative fermented rye strain to boost canine gut health, with a digestibility rate of over 93%.
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What Are the Top Revenue-Generating Geographies in the Vegan Dog Food Market?
Europe was the largest region in the vegan dog food market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vegan dog food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vegan Dog Food Market?
2. What is the CAGR expected in the Vegan Dog Food Market?
3. What Are the Key Innovations Transforming the Vegan Dog Food Industry?
4. Which Region Is Leading the Vegan Dog Food Market?
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