About Cat food
Alongside the ascent in the cat populace, the worldwide cat food industry has likewise been developing, inferable from the expenditure use of cat pet proprietors on an assortment of pet food items, Cat nourishments have been created to give the cats the right feeling of balance of calories and supplements. Fundamental of littlest nutritional necessities for cats have been perceived by the cat's Nutrition Expert Subcommittee of the Association of American Feed Control Officials and creator utilizes these norms in creation cats nourishments. cats are meat eaters, basic and plain. They must have protein from mutton for a strong heart, great vision, and a healthy reproductive framework. turkey, Cooked beef, chicken, and modest quantities of lean shop meats are an incredible method to give them that. The developing interest of the population in the adoption of cats as a pet across the globe is blasting the interest for cat's food on the market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.3% |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Cat 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.
Mars Petcare (United States), Nestle Purina (United States), Big Heart (South Africa), Diamond pet foods(United States), Blue Buffalo(United States), Heristo (Germany), Unicharm (Japan) and Affinity Petcare (Spain) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Total Alimentos (Brazil) and Butcher's(United States).
Segmentation Overview
AMA Research has segmented the market of Global Cat food market by Type (Dry Food, Semi-Moist Food, Canned Food and Others), Application (Pet Shops, Pet Supermarkets, Veterinary Clinics, Online and Others) and Region.
On the basis of geography, the market of Cat 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 Capacity, the sub-segment i.e. 80-100g will boost the Cat food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Cat 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 will boost the Cat food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Animal-derived will boost the Cat food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging demand on Emphasis and Balancing Dry and Wet Cat Food
Market Growth Drivers:
The rise in the number of cat pets creates an opportunity for cat food manufacturers and The growth in the Cat food expenditure in emerging markets
Challenges:
Threat from counterfeit products
Restraints:
The use of homemade cat foods will hamper the growth and Raw or spoiled meat could make a cat sick
Opportunities:
Technological advancements to enhance product development
Market Leaders and their expansionary development strategies
In February 2023, Post Holdings Inc. acquired several pet food brands and manufacturing assets from The J.M. Smucker Co. for approximately USD 1.2 billion. The acquisition has give Post Holdings a compelling entry point into the growing pet food category.
In June 2022, IAMS, a Mars Petcare brand, announced it has launched its dry cat food products in India beginning this May.
"In the US, feed guidelines are upheld by state and government administrative authorities who give topic aptitude in creature science, creature sustenance, feed name consistency, field tasks for assessment staff, and program organization. AAFCO gives a gathering to these administrative authorities to meet up and make a model direction to guarantee that the guideline of creature takes care of is as uniform as conceivable from state to state. AAFCO Membership incorporates US state and government administrative authorities as well as has developed to incorporate worldwide enrollment of Canada and Costa Rica.", and "As indicated by the Federal Food, Drug, and Cosmetic Act of 1938 (FFDCA), creature food is needed to be safe for utilization and made in clean conditions.Act of 2010 (FSMA) acquainted rules related to affirmation, sanitization, cleanliness, and naming of elements for pet food makers in the US."
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Cat food Manufacturer, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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.