Press release
Animal And Pet Food Market on Track for Strong Growth, Estimated to Grow at 8.1% CAGR Through 2029
Animal And Pet Food
What Is the Expected CAGR for the Animal And Pet Food Market Through 2025?
The market for animal and pet food has seen substantial growth in the past few years. The market is expected to increase from $351.54 billion in 2024 to $380.29 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. Factors that have contributed to the growth during the historical period include an increase in pet ownership, a focus on animal health and wellness, the rising demand for premium and specialty products, changes in retail distribution, and recommendations from veterinarians.
What's the Projected Size of the Global Animal And Pet Food Market by 2029?
The market for animal and pet food is predicted to experience robust growth in the approaching years. It is set to swell to a size of $518.47 billion by 2029, with a compound annual growth rate (CAGR) of 8.1%. This projected growth in the forecast period can be credited to factors such as health-aware pet owners, sustainable and eco-friendly products, bespoke and personalized diet plans, online marketing and e-commerce, along with global market expansion. Key trends anticipated during this period encompass grain-free and limited ingredient diets, protein-intense and meat-centric formulations, natural and organic pet food, unconventional protein sources, and functional products fortified with nutrients.
View the full report here:
https://www.thebusinessresearchcompany.com/report/animal-and-pet-food-global-market-report
Top Growth Drivers in the Animal And Pet Food Industry: What's Accelerating the Market?
The growth of the animal and pet food market is being propelled by the anticipated economic stability in various industrialized and developing nations. For example, the Organisation for Economic Co-operation and Development, an intergovernmental organization based in France, predicts that the global GDP growth will maintain its steady rate of 3.1% in 2024, mirroring the rate in 2023, with a marginal increase to 3.2% expected in 2025. The recovery of commodity prices following a substantial dip in the historical period is set to further bolster the market's growth. Developed economies are projected to witness consistent growth throughout the forecast period. Additionally, there is an expectation for emerging markets to grow at a marginally faster pace than developed markets within the forecast timeframe. It's anticipated that stable economic growth will boost investments in end-user markets, thereby propelling the market during the forecast period.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1903&type=smp
What Trends Will Shape the Animal And Pet Food Market Through 2029 and Beyond?
Renowned pet food producers are increasingly adopting automation technologies like sophisticated production lines and software solutions to enhance safety measures and improve operational effectiveness. These advancements automate various manufacturing processes such as formulation, extrusion, batching, drying, coating, and liquid delivery which leads to economical production and a steady product quality. Champion Petfoods, a Canadian organization that manufactures pet food, uses video-monitored production lines where cooking processes are controlled through Rockwell's hardware and software systems. They also utilize large storage bins, conveyor systems, votator heat exchangers and advanced extrusion and drying systems. The pet food production facility of United Pet Group in St. Louis employed FactoryTalk software provided by Rockwell Automation which reduced overtime by 10% and boosted labor productivity by 15%.
What Are the Main Segments in the Animal And Pet Food Market?
The animal and pet food market covered in this report is segmented -
1) By Type: Pet Food, Animal Food
2) By Ingredients: Animal Derivatives, Plant Derivatives, Synthetic
3) By Distribution Channel: Super markets/Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
Subsegments:
1) By Pet Food: Dog Food, Cat Food, Fish Food, Bird Food, Small Mammal Food
2) By Animal Food: Livestock Feed (Cattle, Poultry, Swine), Equine Feed, Aquaculture Feed, Specialty Animal Feed (Zoo Animals, Wild Animals)
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=1903&type=smp
Which Top Companies are Driving Growth in the Animal And Pet Food Market?
Major companies operating in the animal and pet food market include Cargill Incorporated, Nestle S.A., New Hope Liuhe Co.Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Diamond Pet Foods Inc., Mitsui & Co.Ltd., CJ Cheiljedang Corp, LandO'Lakes Inc., J.M.Smucker Company, Hill's Pet Nutrition Inc., Blue Buffalo Co Ltd., SCHELL & KAMPETER INC., Wellness Pet LLC, Sunshine Mills Inc., Merrick Pet Care, Ainsworth Pet Nutrition, LLC, Simmons Foods Inc., Tuffy's Pet Foods Inc., Natures Menu Ltd., American Nutrition Inc., Alphia, ADM Animal Nutrition Inc., NutriSource Pet Foods, Mid America Pet Food, KENT Corporation, KLN Family Brands, Nurture Farms, United Pet Group Inc., Eagle Mountain Pet Food, VICTOR premium pet food, Royal Canin SAS, Iams pet food, Eukanuba.
Which Regions Will Dominate the Animal And Pet Food Market Through 2029?
Asia-Pacific was the largest region in the animal and pet food market in 2023. Western Europe was the second-largest in the animal and pet food market. The regions covered in the animal and pet food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1903
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Animal And Pet Food Market on Track for Strong Growth, Estimated to Grow at 8.1% CAGR Through 2029 here
News-ID: 4148827 • Views: …
More Releases from The Business Research Company
Unlocking Opportunities in the Tyrosine Kinase Inhibitors Market: 2025-2034 Fore …
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 Tyrosine Kinase Inhibitors Industry Market Size Be by 2025?
The market for tyrosine kinase inhibitors has seen robust growth in recent times. The market is predicted to expand from $58.03 billion in 2024 to $62.66 billion in 2025, marking a compound annual growth rate (CAGR) of…
Sustained Release Excipients Market Advances With Product Innovation Industry Tr …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Sustained Release Excipients Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of sustained release excipients has seen significant growth. It's projected to increase from $1.4 billion in 2024 to $1.51 billion in 2025, exhibiting a Compound Annual Growth Rate…
Surge In Cancer Cases Fuels Expansion Of The RNA-Targeting Small Molecule Therap …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the RNA Targeting Small Molecules Therapeutics Market Size By 2025?
In recent years, the market size of RNA targeting small molecules therapeutics has witnessed substantial growth. The market, which is estimated to be worth $6.1 billion in 2024, is projected to increase to $7.83 billion in…
Surge In Autoimmune Diseases Fuels Remicade Biosimilar Market Growth Emerges as …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Remicade Biosimilar Market Through 2025?
In recent times, we've seen significant expansion in the remicade biosimilar market. Projected growth from 2024's $3.95 billion to $4.89 billion in 2025 indicates a compound annual growth rate (CAGR) of 23.8%. This rise during the historic…
More Releases for Food
Food Ultrasound Market Food Ultrasound Market
According to a new report by InsightAce Analytic, the "Food Ultrasound Market" in terms of revenue was estimated to be worth $156.24 Mn in 2023 and is poised to reach $310.45 Mn by 2031, growing at a CAGR of 9.14% from 2024 to 2031.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1551
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Food Ultrasound Market are:
• Food Safety and Quality Assurance.
• Increasing Consumer…
Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company…
Cookies for Food Services Market Is Booming Worldwide | Finsbury Food Group, Mon …
Cookies for Food Services Market: The extensive research on Cookies for Food Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Cookies for Food Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Global Sports Food Market By Type (Protein Sports Food, Energy Sports Food, Misc …
The Global Sports Food Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sports Food Market report aims to provide an overview of Sports Food Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sports Food Market Economy…
Global Packed Food Market 2018 Analysis By Key Players – JBS Food, Kraft Food, …
Summary
WiseGuyReports.com adds “Packed Food Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Packed Food Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Packed Food Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France).
Global Pet Food…
