Industry Background:
Canned cat food is a type of wet food. Basically; Canning is a method of preserving food in an airtight container (jars like Mason jars, and steel and tin cans). It increases the shelf life of food therefore used on a large scale. The pet owner due to awareness moving towards specialized pet food and the best food for their respective pets. Canned cat food is used for any breed of cat any age of cat due to easy to eat applications. Better quality canned foods provide more animal protein than dry recipes. Cats are True Carnivores, which means they require a substantial amount of meat in their daily diet to maintain maximum health. Meat is a cat's finest source of protein and fat. It more closely reflects a wild cat's natural diet.This growth is primarily driven by Highly Demanded As It Is Easy To Eat And Digest
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Ziwi pets (New Zealand), Royal Canin (France), Nestlé Purina Petcare (United States), Chewy company (United States), Merrick Pet Care (United States), Party Animal Pet Food (United States), I and love and you (United States), Bravo cat food (United States), Nature’s variety (United States) and Halo pets (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2018, Wild Calling Pet Foods Acquired by Barkstrong California-based company has completed its acquisition of Wild Calling Pet Foods and through a distribution partnership with several key regional pet specialty distributors is re-releasing their popular all-natural pet food nationally.
In 2019, Nestle Purina PetCare Company Voluntarily Recalls a Limited Amount of Muse Wet Cat Food Natural Chicken Recipe in Gravy in Three-ounce Cans Due to the Potential Presence of Rubber Pieces Out of an abundance of caution, Nestlé Purina PetCare Company is voluntarily recalling a limited amount of Muse wet cat food Natural Chicken Recipe in Gravy in three-ounce cans. The product could contain rubber pieces that are translucent yellow with a blue backing, which may present a potential choking hazard.The growing pet lover population increasing demand for pet food and its variety the leading firms coming with enhanced products ready to use and healthy as well. Cats and dogs were the second and third most owned pets, with around 94.2 and 89.7 million living in U.S. households respectively. There is greater demand from top firms for good products which increasing competition between the top companies and local firms too. This is the reason companies are leading to mergers and acquisitions to rule the market.
Regulatory Insights:
The FDA's regulation of pet food is similar to that for other animal foods. The Federal Food, Drug, and Cosmetic Act (FFDCA) requires that all animal foods, like human foods, be safe to eat, produced under sanitary conditions, contain no harmful substances, and be truthfully labeled.
Influencing Trend:
Growing Demand For Gravy, Grilled Type Of Canned Food
Market Growth Drivers:
Highly Demanded As It Is Easy To Eat And Digest, Growing Use For Cats That Are Missing Teeth Or Recovering From An Illness and Increasing Use As It Has Long Shelf Life
Challenges:
Causes Periodontal Disease and Dried Food Is More Appreciated Over Wet Canned Food
Restraints:
Canned Food Is More Expensive Per Energy Calorie and Problems Such As Allergic Reaction, Dental Deterioration Can Cause
Opportunities:
Growing Pet Care Homes And Hostels and Growing Cat Owner Population
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Canned Cat Food Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Canned Cat Food Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Canned Cat Food players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Canned Cat Food Study Sheds Light on
The Canned Cat Food Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Canned Cat Food industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Canned Cat Food industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.