About Frozen Pet Food
Frozen Pet Food is placed in placed in chamber where temperature is kept below freezing point. With changing pressure and temperature, the moisture in the foods is vaporized. These pet foods can be in the form of nuggets and patties. Such foods are re-hydrated before feeding or it can be fed directly.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.12% |
The demand for Frozen Pet Foods is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Frozen Pet Food market throughout the forecasted period. 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.
Northweat Naturals [United States], Anut Jeni's Home Make [United States], Raw Paws [United States], Nature's Variety Instinct [United States], Stewart Pet Food [United States], Valiant [United States], CountryPet [United States], Stella & Chewy's [United States], Tetra [Germany], Vital Essentials [United States], Buckley [United States], Bravo [United States], Whole Life [United States] and Nulo [United States] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Primal Pet Foods [United States], Grandma Lucy's [United States] and Dr. Harvey's [United States].
Segmentation Overview
AMA Research has segmented the market of Global Frozen Pet Food market by Type (Beef Liver, Chicken Breast, Minnows, Green Lipped Mussels, 1-lb Rolls, 3-lb Rolls, Frozen Patties, Organs and Others), Application (Dog, Cat, Small Pet, Fish and Others) and Region.
On the basis of geography, the market of Frozen Pet Food 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. Online {Brand Website, E-Commerce Website} will boost the Frozen Pet Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing, the sub-segment i.e. Economy Segment will boost the Frozen Pet Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Online Sales of Pet Foods and Focus on Green Packaging
Market Growth Drivers:
Improvement in Oral Health and Proper Digestion, Increasing Adoption of Pets in Developing Countries and Growing Pet Health Health Awareness
Challenges:
Issue related with Procurement of Such Pet Foods
Restraints:
Issue Related to Hygiene and Availability of Alternate Pet Foods
Opportunities:
Rising Disposable Income in Emerging Countries and Meed for Innovation in Frozen Pet Foods to Counter Pet Diseases
Market Leaders and their expansionary development strategies
In June 2023, BrightPet Nutrition Group ("BrightPet" or the "Company"), a leading marketer and manufacturer of premium and super-premium branded, private label and co-manufactured pet foods, treats, and care products, has announced the acquisition of Raw Advantage Processing, LLC ("Raw Advantage"), a family-owned co-manufacturer of freeze-dried and frozen raw pet food and treats based in Salem, Oregon. This is the third acquisition that BrightPet has completed with the backing of A&M Capital Partners ("AMCP"), a middle-market private equity investment fund that is part of the A&M Capital platform.
In March 2023, Freshpet (Nasdaq: FRPT) and Petco Health and Wellness Company, Inc. (Nasdaq: WOOF) announced an innovative partnership to produce and deliver fresh, customized subscription meal plans directly to pet parents' doors. Available exclusively on petco.com, Freshpet® Custom Meals™ are crafted for optimal nutrition by veterinary nutritionists for dogs.
The pet food industry in North America has been heavily scrutinized by the FDA and the Canadian Food Inspection Agency (CFIA) since the largest pet food recall in 2007, initiated by Menu Foods. This recall highlighted the issue of food safety in an increasingly globalized food chain, and drove pet food manufacturers and government regulators to improve pet food safety standards and preventive controls.
Key Target Audience
Original Food manufacturers, Potential Investors, Government Agencies and Research Institutes
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.