Dog Food Market Size to increase by USD 12.84 bn | Increasing Pet Health Awareness to Drive Growth

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The dog food market is expected to grow $ 12.84 billion from 2021 to 2026. The market’s growth momentum is expected to accelerate at a CAGR of 4.27%.

Market challenges

Major challenges affecting the growth of the dog food market include changing lifestyle patterns and the busy working life of the urban population. Due to the hectic lifestyle, most pet owners in urban areas around the world cannot have a good time with their pets. In addition, the high cost of pet feeders is limiting their adoption in emerging markets. These factors can lower pet adoption rates worldwide, which could hamper the growth of the global Dog Food Market during the forecast period.

Company profiles

The Dog Food Market report provides information on product launches, sustainability, and prospects for leading suppliers including Bravo LLC, Champion Petfoods LP, Grandma Lucys LLC, Hills Pet Nutrition Inc., Mars Inc., Nestle SA, Primal Pet Foods Inc., Stella, and Chewys LLC , Steves Real Food and The JM Smucker Co.

Competitive analysis

The report includes Competitive Analysis, a proprietary tool for analyzing and evaluating the position of companies based on their industry position evaluation and market performance evaluation. The tool uses various factors to categorize the players into four categories. Some of these factors that are taken into account for the analysis are financial performance over the past three years, growth strategies, product launches, investments, innovation evaluation, growth in market share, etc.

Market segmentation

  • By product, the market is divided into dry dog ​​food, dog treats and wet dog food. The dry dog ​​food segment will have the highest market share as it is a good source of vitamins, proteins and minerals for domestic dogs.
  • Geographically, the market is divided into North America, Europe, APAC, MEA and South America. North America will have the largest market share. The region is expected to account for 33% of the market growth in the forecast period. The large-scale production capabilities of dog food will fuel the growth of the dog food market in North America in the forecast period.

Related reports

  • Fresh Pet Food Market in the United States: The fresh pet food market in the United States has been segmented by product (dog food, cat food, and others) and distribution channel (offline and online). Download sample report
  • Wet Pet Food Market: The wet pet food market was expanded by product (wet cat food, wet dog food, and others) and geography (North America, Europe, APAC, South America, and MEA). Download sample report

Scope of the dog food market

Report coverage

details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth dynamics & CAGR

Accelerate with a 4.27% CAGR

Market growth 2022-2026

$ 12.84 billion

Market structure

Fragmented

YoY Growth (%)

2.87

Regional analysis

North America, Europe, APAC, MEA and South America

Contribute to the market

North America at 33%

Main consumer countries

USA, China, Russian Federation, Japan and Great Britain

Competitive landscape

Leading companies, competitive strategies, level of consumer engagement

Company profile

Bravo LLC, Champion Petfoods LP, Grandma Lucys LLC, Hills Pet Nutrition Inc., Mars Inc., Nestle SA, Primal Pet Foods Inc., Stella and Chewys LLC, Steves Real Food and The JM Smucker Co.

Market dynamics

Overall market analysis, market growth factors and barriers, analysis of fast growing and slow growing segments, impact of COVID-19 and future consumer dynamics, market condition analysis for the forecast period

Adjustment area

If our report doesn’t contain the data you are looking for, you can contact our analysts and customize segments.

about us

Technavio is a leading global technology research and consulting company. Her research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and includes more than 800 technologies in 50 countries. Her customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

Contact

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SOURCE Technavio