About Pet Nutrition-
Pet nutrition is exactly that; science and practice of feeding animals with balanced and appropriate food that contains nutrients to promote health and well-being. Just like human beings, animals require nutrients that include proteins, fats, carbohydrates, vitamins, and minerals, but the specific nutrient requirements differ from one pet to another based on type, age, breed, and health condition. For example, although they both might be considered carnivores, dogs and cats have inherently different dietary requirements. Cats are true carnivores, so their diet should supply a higher ratio of proteins than that of dogs, who are omnivores., Balanced diets give rise to low body fat, healthy growth, immune responsiveness and normal functions like digestion, energy production, and tissue repair. Pet foods fall under categories such as dry kibble, wet food, or raw diets; the choice depends on the pet's needs. High-quality brands of pet food offer a good balance of animal-based proteins, essential fatty acids, and other nutrients. and Bad nutrition can result in health problems such as obesity, malnutrition, or organ collapse. Therefore, owners should take care to select the type of food peculiar to the needs of their pets and consult veterinarians when necessary. Nutrition does influence the health, life expectancy, and quality of life of the pet.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Major players have adopted various strategies such as product portfolio expansion, mergers and acquisitions, geographic expansion, agreements, and collaborations to increase their market share and strengthen their foothold in the industry. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hill's (US), Petcurean (Canada), Kerry (Ireland), American Pet Nutrition (US), Lallemand Animal Nutrition (Canada), Horizon Pet Food (US), Life Line Pet Nutrition, Inc. (US), CANIDAE (US), Nourse (US), ALC Innovators, Inc. (US) and MAG Pet (US) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pet Nutrition- market by Type (Dry Food, Wet Food, Treats, Supplements and Vitamins) and Region.
On the basis of geography, the market of Pet Nutrition- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Mass Merchandisers will boost the Pet Nutrition- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price Range, the sub-segment i.e. Economy will boost the Pet Nutrition- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredient Type, the sub-segment i.e. Meat-Based will boost the Pet Nutrition- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pet Type, the sub-segment i.e. Dogs will boost the Pet Nutrition- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing demand for natural and sustainable ingredients, Personalized nutrition based on DNA testing and other advancements and Subscription-based services for pet food and treats
Market Growth Drivers:
Rising pet ownership rates, Health concerns and aging pets and Awareness of pet nutrition and well-being
Challenges:
Regulatory compliance and Competition from low-cost alternatives
Restraints:
Limited availability of specialized ingredients and Concerns over ingredient safety
Opportunities:
Focusing on a niche like organic, raw, or breed-specific diets could tap into a growing consumer base.
Market Leaders and their expansionary development strategies
In August 2024, Inspired Pet Nutrition (“IPN”), the independent UK pet food company controlled by CapVest Partners LLP (CapVest), is acquired of Butcher’s Pet Care (BPC), a leading manufacturer of high-quality wet pet food.
In16 September 2024, Growel Group, an Indian seafood processor and aquaculture feed producer, has entered the pet food market with the launched of its new pet food brand Carniwel. According to the company, Carniwel is designed to meet the needs for premium nutrition while still maintaining affordability.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.