Industry Background:
The Fresh Dog Food industry is one of those industries, which has been performing well, despite the economic downturn. The world’s largest pet food markets are in the United States, France, Japan, and Germany, accounting for over half of the sales in pet food. This trend of rising obesity among pets mirrors human obesity patterns. As a result, the major players in the Fresh Dog Food market have started to follow human health trends, with foods to support weight loss. Traditionally, pet owners fed their pet the leftovers and scraps from family meals. However, consumers are now becoming aware that pet food and home-made food consist of separate nutritional elements, and that pets need to be fed a diverse range of food, as part of an adequate diet.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Freshpet (United States), JustFoodForDogs (United States), NomNomNow (United States), Whitebridge Pet (United States), The Farmer's Dog (United States), Market Fresh Pet Foods (United States), Ollie (United States) and PetPlate (United States) |
According to AMA, the market for Fresh Dog Food is expected to register a CAGR of 6.6% during the forecast period to 2030. This growth is primarily driven by The growing urbanization and Packaged pet food provides standard nutritional value required in a pet’s daily life.
Globally, a noticeable market trend is evident The shift in pet ‘ownership’ to ‘parenting’ has been a very crucial and defining trend
The Food Products sector in the North America 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 Freshpet (United States), JustFoodForDogs (United States), NomNomNow (United States), Whitebridge Pet (United States), The Farmer's Dog (United States), Market Fresh Pet Foods (United States), Ollie (United States) and PetPlate (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. The Global Fresh Dog Food Market is consolidated with the top global players occupying a major share in the market. The competition in the market is driven by consumer loyalty. Since pets would crave for the same kind of food every time during any particular growth stage, gaining a market share of competitors is very tough in the market.
Key Developments in the Market:
In April 2023 – Post Holdings, Inc. , a consumer packaged goods holding company, today announced it has completed the previously announced acquisition of select pet food brands from The J.M. Smucker Co., effective April 28, 2023.
In August 2023,HelloFresh announced today the launch of their new premium pet food brand, The Pets Table. Developed in partnership with veterinarians, the subscription-based service offers human-grade fresh and air-dried recipes customized for the exact caloric needs of each dog, at a competitive price point.
Influencing Trend:
The shift in pet ‘ownership’ to ‘parenting’ has been a very crucial and defining trend and The increasing popularity of the dog among other pets and rising concern regarding the health of the pets
Market Growth Drivers:
The growing urbanization and Packaged pet food provides standard nutritional value required in a pet’s daily life
Challenges:
The stringent government regulation associated with fresh pet food products
Restraints:
The high cost of the product
Opportunities:
Introduction to the new processing technologies along with the automated systems for the production of ingredients and High adoption due to online sales channel in the developing as well as developed countries
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 mostly 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 growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
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 in Fresh Dog Food Market
- Analysis about New Entrants in Fresh Dog Food Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Fresh Dog Food Study Sheds Light on
The Fresh Dog Food Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Fresh Dog Food industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Fresh Dog 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.