Automatic and Smart Pet Feeder Market Analysis

Automatic and Smart Pet Feeder Pet Market Analysis

Based on pet type, the market is segmented into cat, dog, and others. The dog segment held a market value of over USD 2 Billion in 2022. The rising number of dog owners compared to cat and other pet owners is expected to support segment growth during the forecast period. Rising disposable incomes are propelling the spending on smart & digitalized products such as automatic & smart pet feeders. These smart feeders are appealing to both dogs and dog owners, who are unable to keep a regular feeding schedule for their pet dogs.

Based on distribution channel, the automatic and smart pet feeder market is segmented into physical pet store, online-only retailer, and physical mass merchant store. The online-only retailer segment held a market share of around 39% in 2022 and is expected to grow at a lucrative pace by 2032. Due to convenience and time savings, online e-commerce platforms are more commonly used by urban residents and people in the workforce. Social isolation policies have made traditional shopping more difficult, thereby propelling the popularity & significance of online shopping. Shopping and browsing have also been made simpler by the quick adoption of digital technology and rising internet penetration. Additionally, startup businesses and Micro, Small & Medium Enterprises (MSMEs) are disseminating their products online to reduce transportation & retail store expenses, which are anticipated to fuel segment expansion.
 

Based on application, the market is segmented into pet healthcare, pet owner convenience, communication & entertainment, and pet safety. The pet owner convenience segment held a dominant market share in 2022 and is anticipated to grow at a CAGR of 15% through 2032. The pet owner convenience application plays a significant role in driving the automatic and smart pet feeder market growth. The combination of remote control, customization, reminders, monitoring, integration with smart devices, and peace of mind has significantly driven the popularity & adoption of automatic and smart pet feeders. Pet owner convenience applications have made it easier for pet owners to manage the feeding routines of their pets, leading to an increased demand for these innovative feeding solutions.
 

North America is the dominant region in the global automatic and smart pet feeder market with over 59% share in 2022. Rising online sales, increased pet ownership, adoption of smart pet care devices, technological advancements, and easy access to automatic & smart pet feeders are the key drivers propelling the North American market growth. The growing demand for pet food & advanced pet feeding solutions, pet care products, and pet services, followed by the rising awareness of pet hygiene has further contributed to the region's high demand for automatic & smart pet feeders.