USD 42.57 Bn growth in Pet Food Market, Growing Demand For Organic Pet Food to Boost Growth 2026 - Technavio

NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The pet food market is expected to grow by USD 42.57 billion during 2021-2026, at a CAGR of 7.41% during the forecast period, according to Technavio.

The growing demand for organic pet food, marketing campaigns, packaging innovations, and increasing preference for functional and fortified pet food will offer immense growth opportunities. However increasing instances of pet allergies among pet owners, usage of artificial colors or flavor enhancers, antibiotics, herbicides, pesticides, and chemical preservatives in pet food offerings, and risks of a product recall will challenge the growth of the market participants. Request Free Sample Report.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Pet Food Market Segmentation

  • Product
    • Dry Food
    • Snacks And Treats
    • Wet Food
  • Type
    • Dog Food
    • Cat Food
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • The Middle East And Africa

Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses, Buy Sample Report.

Pet Food Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our pet food market report covers the following areas:

  • Pet Food Market size
  • Pet Food Market trends
  • Pet Food Market industry analysis

This study identifies the increasing demand for pet food with savory ingredients and smaller portions as one of the prime reasons driving the pet food market growth during the next few years. Download Free Sample Report.

Pet Food Market Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Pet Food Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Pet Food Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

  • ABP Food Group Ltd.
  • Alphia Inc.
  • Archer Daniels Midland Co.
  • Colgate Palmolive Co.
  • General Mills Inc.
  • heristo aktiengesellschaft
  • Laroy Group
  • Mars Inc.
  • Nestle SA
  • Nippon Pet Food Co. Ltd
  • Real Pet Food Co
  • Schell and Kampeter Inc.
  • Spectrum Brands Holdings Inc.

Pet Food Market Key Highlights

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will assist pet food market growth during the next five years
  • Estimation of the pet food market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the pet food market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pet food market vendors

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Truffle Chocolate Market by Product and Geography - Forecast and Analysis 2022-2026: The truffle chocolate market share is expected to increase by USD 1.22 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.17%.

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Pet Food Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.41%

Market growth 2022-2026

$ 42.57 billion

Market structure

Fragmented

YoY growth (%)

6.62

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 32%

Key consumer countries

US, Japan, UK, France, and Brazil

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABP Food Group Ltd., Alphia Inc., Archer Daniels Midland Co., Colgate Palmolive Co., General Mills Inc., heristo aktiengesellschaft, Laroy Group, Mars Inc., Nestle SA, Nippon Pet Food Co. Ltd, Real Pet Food Co, Schell and Kampeter Inc., Spectrum Brands Holdings Inc., Sunshine Mills Inc., Thai Union Group PCL, The JM Smucker Co., Tiernahrung Deuerer GmbH, Unicharm Corp., United Petfood Producers NV, and Wellness Pet Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Consumer Staples" Research Reports

Table Of Contents :

1 Executive Summary

  • 1.1 Market Overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 27: Chart on Comparison by Product
    • Exhibit 28: Data Table on Comparison by Product
  • 5.3 Dry food - Market size and forecast 2021-2026
    • Exhibit 29: Chart on Dry food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Data Table on Dry food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 31: Chart on Dry food - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Dry food - Year-over-year growth 2021-2026 (%)
  • 5.4 Snacks and treats - Market size and forecast 2021-2026
    • Exhibit 33: Chart on Snacks and treats - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Data Table on Snacks and treats - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 35: Chart on Snacks and treats - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Snacks and treats - Year-over-year growth 2021-2026 (%)
  • 5.5 Wet food - Market size and forecast 2021-2026
    • Exhibit 37: Chart on Wet food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 38: Data Table on Wet food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 39: Chart on Wet food - Year-over-year growth 2021-2026 (%)
    • Exhibit 40: Data Table on Wet food - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Product
    • Exhibit 41: Market opportunity by Product ($ billion)

6 Market Segmentation by Type

  • 6.1 Market segments
    • Exhibit 42: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 43: Data Table on Type - Market share 2021-2026 (%)
  • 6.2 Comparison by Type
    • Exhibit 44: Chart on Comparison by Type
    • Exhibit 45: Data Table on Comparison by Type
  • 6.3 Dog food - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Dog food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on Dog food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on Dog food - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Dog food - Year-over-year growth 2021-2026 (%)
  • 6.4 Cat food - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Cat food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on Cat food - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on Cat food - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Cat food - Year-over-year growth 2021-2026 (%)
  • 6.5 Others - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 6.6 Market opportunity by Type
    • Exhibit 58: Market opportunity by Type ($ billion)

7 Customer Landscape

  • 7.1 Customer landscape overview
    • Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 60: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 61: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison
    • Exhibit 62: Chart on Geographic comparison
    • Exhibit 63: Data Table on Geographic comparison
  • 8.3 North America - Market size and forecast 2021-2026
    • Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.4 Europe - Market size and forecast 2021-2026
    • Exhibit 68: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 69: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 70: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.5 APAC - Market size and forecast 2021-2026
    • Exhibit 72: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 73: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 74: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.6 South America - Market size and forecast 2021-2026
    • Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.8 US - Market size and forecast 2021-2026
    • Exhibit 84: Chart on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 85: Data Table on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 86: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.9 UK - Market size and forecast 2021-2026
    • Exhibit 88: Chart on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 89: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 90: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 8.10 Japan - Market size and forecast 2021-2026
    • Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 8.11 Brazil - Market size and forecast 2021-2026
    • Exhibit 96: Chart on Brazil - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 97: Data Table on Brazil - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 98: Chart on Brazil - Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • 8.12 France - Market size and forecast 2021-2026
    • Exhibit 100: Chart on France - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 101: Data Table on France - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 102: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 103: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography
    • Exhibit 104: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges
    • Exhibit 105: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption
    • Exhibit 107: Overview on factors of disruption
  • 10.4 Industry risks
    • Exhibit 108: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 109: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 110: Matrix on vendor position and classification
  • 11.3 Colgate Palmolive Co.
    • Exhibit 111: Colgate Palmolive Co. - Overview
    • Exhibit 112: Colgate Palmolive Co. - Business segments
    • Exhibit 113: Colgate Palmolive Co. - Key offerings
    • Exhibit 114: Colgate Palmolive Co. - Segment focus
  • 11.4 General Mills Inc.
    • Exhibit 115: General Mills Inc. - Overview
    • Exhibit 116: General Mills Inc. - Business segments
    • Exhibit 117: General Mills Inc. - Key news
    • Exhibit 118: General Mills Inc. - Key offerings
    • Exhibit 119: General Mills Inc. - Segment focus
  • 11.5 Mars Inc.
    • Exhibit 120: Mars Inc. - Overview
    • Exhibit 121: Mars Inc. - Product / Service
    • Exhibit 122: Mars Inc. - Key offerings
  • 11.6 Nestle SA
    • Exhibit 123: Nestle SA - Overview
    • Exhibit 124: Nestle SA - Business segments
    • Exhibit 125: Nestle SA - Key news
    • Exhibit 126: Nestle SA - Key offerings
    • Exhibit 127: Nestle SA - Segment focus
  • 11.7 Schell and Kampeter Inc.
    • Exhibit 128: Schell and Kampeter Inc. - Overview
    • Exhibit 129: Schell and Kampeter Inc. - Product / Service
    • Exhibit 130: Schell and Kampeter Inc. - Key offerings
  • 11.8 Spectrum Brands Holdings Inc.
    • Exhibit 131: Spectrum Brands Holdings Inc. - Overview
    • Exhibit 132: Spectrum Brands Holdings Inc. - Business segments
    • Exhibit 133: Spectrum Brands Holdings Inc. - Key news
    • Exhibit 134: Spectrum Brands Holdings Inc. - Key offerings
    • Exhibit 135: Spectrum Brands Holdings Inc. - Segment focus
  • 11.9 Thai Union Group PCL
    • Exhibit 136: Thai Union Group PCL - Overview
    • Exhibit 137: Thai Union Group PCL - Business segments
    • Exhibit 138: Thai Union Group PCL - Key news
    • Exhibit 139: Thai Union Group PCL - Key offerings
    • Exhibit 140: Thai Union Group PCL - Segment focus
  • 11.10 The JM Smucker Co.
    • Exhibit 141: The JM Smucker Co. - Overview
    • Exhibit 142: The JM Smucker Co. - Business segments
    • Exhibit 143: The JM Smucker Co. - Key news
    • Exhibit 144: The JM Smucker Co. - Key offerings
    • Exhibit 145: The JM Smucker Co. - Segment focus
  • 11.11 Unicharm Corp.
    • Exhibit 146: Unicharm Corp. - Overview
    • Exhibit 147: Unicharm Corp. - Business segments
    • Exhibit 148: Unicharm Corp. - Key offerings
    • Exhibit 149: Unicharm Corp. - Segment focus
  • 11.12 Wellness Pet Co.
    • Exhibit 150: Wellness Pet Co. - Overview
    • Exhibit 151: Wellness Pet Co. - Product / Service
    • Exhibit 152: Wellness Pet Co. - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist
    • Exhibit 153: Inclusions checklist
    • Exhibit 154: Exclusions checklist
  • 12.3 Currency conversion rates for US$
    • Exhibit 155: Currency conversion rates for US$
  • 12.4 Research methodology
    • Exhibit 156: Research methodology
    • Exhibit 157: Validation techniques employed for market sizing
    • Exhibit 158: Information sources
  • 12.5 List of abbreviations
    • Exhibit 159: List of abbreviations
  • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.
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