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Dog Food and Snacks Market Size

  • Report ID: GMI3185
  • Published Date: Nov 2023
  • Report Format: PDF

Dog Food and Snacks Market Size

Dog Food and Snacks Market size is estimated to record over 4.5% CAGR from 2023 to 2032. The increasing pet humanization trend has led to a higher demand for premium dog food and snacks. According to the data by Pets International, over 90% of survey respondents consider pets to be part of their family. Pet owners are more inclined to treat their dogs as family members, seeking out products that promote the well-being and health of their furry companions. They are more conscious of the ingredients in their pets' food, opting for options that are rich in quality proteins, wholesome grains, and essential nutrients.

 

Dog Food and Snacks Market

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Additionally, the convenience factor plays a pivotal role in driving market growth. The busy lifestyles of pet owners have led to a rising demand for convenient and ready-to-serve dog food and snacks. Single-serve packaging, on-the-go treats, and subscription-based services are gaining popularity, making it easier for pet owners to ensure their dogs receive high-quality nutrition without the hassle of meal preparation.

As more people migrate to urban areas, the dog population is also getting concentrated in these geographies. According to a study by HealthforAnimals in 2022, dogs make up for the most popular pet globally, present almost in one-third homes. The economic prosperity of urban regions enables pet owners to invest in premium and specialized pet nutrition. Easy access to a wide range of pet supply stores, supermarkets, and online retailers further encourages pet owners to explore and invest in a diverse array of dog food and snacks.
 

One of the key challenges in the industry is the increasing scrutiny of pet food ingredients and their safety. Concerns over product recalls and the presence of potentially harmful additives have made consumers more discerning. Additionally, the cost of high-quality and premium dog food products can deter price-sensitive consumers. Competition is fierce, with numerous brands vying for market share, leading to pricing pressures. Economic uncertainties and fluctuations in disposable income can affect consumer spending on pet-related products, including dog food and snacks. Finally, environmental concerns have prompted calls for sustainable packaging, adding complexity to product development and supply chain management, deterring the market dynamics.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of dog food and snacks is set to expand at 4.5% CAGR through 2032, owing to the increasing pet humanization trend and a higher demand for premium products.

The online distribution channel segment is poised to witness a steady growth during 2023 to 2032, owing to the convenience of home delivery and choosing from a wide range of products from anywhere using internet.

North America market is expected to lucrative expansion over 2023-2032, favored by a significant pet-owning population and a growing trend of pet humanization.

Nestle, Hill’s pet Nutrition, Blue Buffalo, Deuerer, The J.M. Smucker Company (Natural Balance, Nutrish), Champion Petfoods, and Mars Inc.

Dog Food and Snacks Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 378
  • Countries covered: 17
  • Pages: 295
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