Press release
Global Automatic And Smart Pet Feeder Market Projected to Grow at 12.8% CAGR, Reaching $3.21 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Automatic And Smart Pet Feeder Industry Market Size Be by 2025?
The market for automated and intelligent pet feeders has expanded at a quick pace recently. This market is projected to escalate from $1.72 billion in 2024 to $1.98 billion in 2025, with a compound annual growth rate (CAGR) of 15.3%. Factors such as increasing demand for convenience, integration with Internet of Things (IoT) systems, multifunctionality of smart pet feeders, the impact of pet-focused media and entertainment, extension in the lifespan of pets and elderly pets have contributed to the growth during the historic period.
What's the Long-Term Growth Forecast for the Automatic And Smart Pet Feeder Market Size Through 2029?
Expectations are high for the automatic and smart pet feeder market to experience significant expansion in the upcoming years. The market is predicted to reach $3.21 billion by 2029, with a compound annual growth rate (CAGR) of 12.8%. Factors that are contributing to the progressive outlook for the forecast period include a rise in pet ownership, more adherence to smart home technology, an increment in lifestyles that thrive on convenience, elevated knowledge of pet healare and nutrition, and a heightened trend of treating pets similarly to humans. Foreseen trends within this period encompass amalgamation with the Internet of Things (IoT) ecosystems, product evolution and enhancement, seamless integration with smart home ecosystems, the emergence of intelligent food dispensing sensors, as well as partnerships and collaborations within the pet industry.
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What Are the Key Growth Drivers Fueling the Automatic And Smart Pet Feeder Market Expansion?
The booming interest in having pets is predicted to stimulate the expansion of the smart and automatic pet feeder sectors in the future. Rising pet ownership, driven by the escalating acknowledgment of pets as companions and emotional anchors, and the anthropomorphization trend of pets, fuels this increase. Smart and automatic pet feeders offer handy solutions for pet care chores, lower the resources required to regularly feed pets, simplify pet caretaking, and make pet ownership an enticing prospect. This aspect of ease propels people to contemplate pet adoption, fueling the general growth in pet ownership. For example, the American Pet Products Association (APPA), a non-profit group based in the United States, reported a substantial growth in American pet ownership in 2022, marking an 11% rise compared to the previous year. Therefore, the heightened demand for pet ownership accelerates the development of the smart and automatic pet feeder industries.
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What Are the Key Trends Driving Automatic And Smart Pet Feeder Market Growth?
Key players in the automatic and smart pet feeder industry are concentrating their efforts on producing innovative items such as smart control, which guarantees pets receive meals on schedule, even without the owner present. The concept of smart control is based around the remote management of feeding times, size of portions and types of meals for pets using technology. For example, Xiaomi Inc., a consumer electronics company from China, introduced the Xiaomi Mijia Pet Feeder 2 in December 2023 to accommodate lengthy absences of pet owners. This new smart automatic pet feeder comes with a generous 5-liter capacity, making it ideal for times when pet owners are absent for extended periods and can contain up to 2.5 kilograms of dry food. It is equipped with smart controls via a specialized app, which lets users set feeding schedules and portion sizes. The feeder also features an emergency power backup to ensure continuous operation during power failures and a triple-sealed design to retain food's freshness. A user-friendly LED screen shows current food levels and sends alerts when the stock is running low.
How Is the Automatic And Smart Pet Feeder Market Segmented?
The automatic and smart pet feeder market covered in this report is segmented -
1) By Product: Automatic Smart Feeder, Smart Pet Feeder
2) By Pet Type: Dogs, Cats, Other Pet Types
3) By Price Range: Low-Cost Feeder, Mid-Range Feeder, High-End-Feeder
4) By Application: Pet Healare, Communication And Entertainment, Pet Owner Convenience, Pet Safety
5) By Distribution Channel: Online E-Commerce Stores, Hyper markets Or Super markets, Pet Care Stores And Clinics
Subsegments:
1) By Automatic Smart Feeder: Wi-Fi Enabled Feeders, Programmable Feeders, Voice-Controlled Feeders
2) By Smart Pet Feeder: App-Controlled Feeders, Portion Control Feeders, Interactive Feeders
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Which Companies Are Leading the Charge in Automatic And Smart Pet Feeder Market Innovation?
Major companies operating in the automatic and smart pet feeder market are Pets at Home Group Plc, Godrej Agrovet Limited, Shenzhen Petlibro Pet Products Co. Ltd., Tuya Global Inc., Radio Systems Corporation, Hangzhou Tianyuan Pet Products Co. Ltd., Ceva Santé Animale, Automated Pet Care Products Inc., OurPets Company, Petwant Co. Ltd., Owon Technology Inc., Dogness (International) Corporation, Zesty Paws, Arf Pets, Anser Innovation LLC, Petcube Inc., Whistle Labs Inc., Petkit Ltd., Petoneer Limited, Encaya Corp., iFetch LLC, PetFusion LLC, Doskocil Manufacturing Co. Inc., Vet Innovations Inc.
Which Regions Are Leading the Global Automatic And Smart Pet Feeder Market in Revenue?
North America was the largest region in the automatic and smart pet feeders market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic and smart pet feeder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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