Dog Food And Snacks Market Size By Type (Food [Dry Food, Wet Food], Treat & Mixers), By Distribution Channel (Specialized Pet Food Shops, Supermarkets/Hypermarkets, Online Sellers), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, South Korea, Thailand, Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Growth Potential Analysis, Price Trends, Competitive Market Share & Forecast, 2019 - 2025
Dog Food and Snack Market is forecast to exceed USD 75 billion; according to a new research report.
Increasing spending power along with growing urbanization have led the increase of nuclear families to move in flats, apartments, societies, etc. seeking better quality of life. Canines are being adopted by these nuclear families for many reasons such as safety, companionship, and as service dogs for elderly people. Surge in canine ownership for various purposes along with rising health concern may encourage the product usage, swelling the dog food & snack market by 2025. Likewise, rising adoption of canines to overcome autism or ADHD in teens, warding off depression and reduced risk for heart disease would also contribute towards the industry growth. Additionally, service dogs require a balanced form of nutritious diet so as to manage their day-to-day activities. The above-mentioned trends will drive the dog food and snacks market by 2025.
Increasing concern of severe diseases that human can contract from canines such as rabies, dander, etc. limit the industry growth. Obesity in canines is another major issue among pet owners. Increasing consumption of nutritious diet and lack of exercises can lead to health issues for the canines. This may hinder the product market size in the projected timespan as pet owners will opt for homemade meals instead of the ones that are commercially available.
On the basis of type, the market can be classified into dog food and treat & mixtures. Dog food captures more than half of the overall market. It has high moisture content that includes large portion per meal without adding extra calories to diet. The segment is further categorized into dry and wet. Wet food is mainly preferred when the canine is ill or is lacking in appetite. It is a good option for canines with poorly aligned jaws, missing teeth or smaller mouths.
In terms of revenue, among the different distribution channels, specialized pet food shops will gain by a substantial CAGR rate exceeding 4.5% during the expected timeframe. They offer a broad range of products with vital specifications to select from. Rising product demand and increasing penetration of the e-commerce sector will boost online sellers distribution channel growth by 2025.
Asia Pacific dog food & snack market generated a revenue of over USD 10 billion in 2018 and will be the fastest rising regional market for the product in future. This is mainly due to people in Asia-pacific region adopting canines for social comfort, security and as a companion. This in turn will boost the regional dog food and snack market in the near future.
Dog food and snack industry share is extremely competitive, with numerous players. The main players include Colgate-Palmolive, Mars Petcare., Deuerer, Nestlé, Heristo, JM Smucker Co., United Pet Group, Nippon, and other key dog food manufacturers.
Dog food and snack research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2014 to 2025, for the following segments:
Dog food and snack market, by type
Treats & mixtures
Dog food and snack market by distribution channel
Specialized pet food shops
The above information is provided on a regional and country basis for the following:
Middle East & Africa
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