Please Wait.....
Report
Dry Pet Food Market - Growth, Trends, and Forecast (2023 - 2028)
Market Report I 2023-01-23 I 120 Pages I Mordor Intelligence
The Dry Pet Food Market is poised to witness a CAGR of 5.1% during the forecast period. There is a growing trend of pet humanization globally. The American Pet Products Association estimated that more than 67% of households (84.9 million households) owned pets during 2020-21 in the United States, which is expected to grow further. Hence, pet food manufacturers are offering premium products targeted toward pet owners due to the increased parenting of pets.
The demand for dry pet foods is witnessing a huge demand compared to other pet food products as pet owners find these an easy and convenient food choice without compromising on the nutritional value. The ease of storing and feeding pets is driving higher demand for dry pet food among young and working urban pet owners worldwide.
Cats and dogs are the highest contributors to the dry pet food industry. According to the American Pet Products Association's (APPA) National Pet Owners Survey 2021-2022, almost 70% of households owned a pet. Also, it estimated that 54% of US households owned a dog, which has been significantly rising in the past five years. According to data from the European Pet Food Federation (FEDIAF), as of the end of 2021, 46% of European households owned pets, which equates to 90 million households. Cats and dogs remain the most popular pets; 25% of European Union (EU) households own at least one cat or dog. The growing popularity of cats and dogs indicates a higher demand for a diverse range of pet food supplies, which is expected to drive the market during the forecast period.
Dry Pet Food Market Trends
Growing Trend of Pet Humanization in All Regions
Pet humanization has become a globally accepted term in the pet industry. More pet owners want to provide their pets with human-like products or experiences and tend to see themselves more as pet parents than as owners. This has been a very crucial and defining trend in the market studied and more so in developed countries. Thus, the increasing humanization of pets is expected to drive the pet food industry.
According to the European Pet Food Federation (FEDIAF), pet ownership in Europe is increasing, with 90 million European homes (46%) owning companion animals, resulting in over EUR 20 billion in related services and products. Germany is the leading country in terms of both cat and dog populations. Cats are the most popular pet in the EU. All countries appear to have a higher population of cats than dogs. However, Spain has a far higher preference for dogs, outnumbering the cat population by about 6 million.
In China, according to Pet Data, the adoption rate was 11.8% for dogs and 19.9% for cats in 2018. Based on Euromonitor data, the pet population in China reached nearly 200 million in 2021. This led to an increase in spending on healthy treats for pets. There are nearly 150,000 retail establishments nationwide in the Brazilian pet food market. Companies are increasing the number of premium products as consumers are prepared to spend more on pet food and products, including dry pet food that is healthy, nutritious, and improves their living conditions. For instance, MARS Petcare launched premium cat food under the IAMS brand in India. This brand offers four dry variants in India, specially designed to ensure a healthy, natural defense for both adult cats and kittens.
The increasing consumer trend toward pet adoption has driven pet food premiumization, which is anticipated to expand the market studied during the forecast period.
North America Dominates the Market
According to a recent American Pet Products Association survey, pet owners spent upwards of USD 50 billion on pet food in 2021, with dog owners spending an average of USD 287 on food annually. The same survey reported that 41% of dog owners opted to feed their companion premium dog food in 2020, an increase from 37% in 2019.
The major distribution channels through which the United States and Canada supply dry pet food are specialized pet shops, mass retail stores, pet superstores, online sales, niche specialists, grocery chains, drugstores, and agricultural supply stores. Pet food manufacturers are automating the production process to improve safety and efficiency. The use of innovative manufacturing technology, such as automating formulation, batching, drying, coating, and liquid delivery, is helping companies achieve cost efficiency and ensure product quality. Nestle Purina Petcare Company, Mars Inc., Hill's Pet Nutrition Inc., and Blue Buffalo Co. Ltd are significant companies operating in the North American dry pet food market.
Both dry dog food and cat food are popular among consumers because of their lower price tag and convenience. Hence, there is a growing expenditure on pets as well as higher customization of nutritional needs for pets, resulting in significant market growth in this region.
Dry Pet Food Market Competitor Analysis
The dry pet food market is moderately consolidated, and the market players include Mars Inc., Nestle SA (Purina), The J.M. Smucker Company, Colgate-Palmolive Company (Hills Pet Nutrition Inc.), and Blue Buffalo Company Ltd. Major players in the market have extended their product portfolio and broadened their business to maintain their market position. The key players in the market are also expanding their product ranges and plant capacities and introducing their products in new areas to increase their market presence.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Animal Type
5.1.1 Dogs
5.1.2 Cats
5.1.3 Other Animals
5.2 Product Type
5.2.1 Kibble
5.2.2 Other Product Types
5.3 Ingredient Type
5.3.1 Protien
5.3.1.1 Animal-derived
5.3.1.2 Plant-derived
5.3.2 Cereals and Cereal Derivatives
5.3.3 Other Ingredient Types
5.4 Distribution Channel
5.4.1 Specialized Pet Shops
5.4.2 Online Channels
5.4.3 Supermarkets/Hypermarkets
5.4.4 Other Distribution Channels
5.5 Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Mexico
5.5.1.4 Rest of North America
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Russia
5.5.2.5 Spain
5.5.2.6 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 India
5.5.3.2 China
5.5.3.3 Japan
5.5.3.4 Australia
5.5.3.5 Rest of Asia-Pacific
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Middle East & Africa
5.5.5.1 South Africa
5.5.5.2 United Arab Emirates
5.5.5.3 Saudi Arabia
5.5.5.4 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Mars Inc.
6.3.2 Nestle Purina Petcare Company
6.3.3 The JM Smucker Company
6.3.4 Colgate-Palmolive Company (Hill's Pet Nutrition Inc.)
6.3.5 General Mills Blue Buffalo Pet Products Inc.
6.3.6 Nutriara Alimentos Ltda
6.3.7 Clearlake Capital Group L.P. (Wellness Pet Company Inc.)
6.3.8 Schell & Kampeter Inc. (Diamond Pet Foods)
6.3.9 Alltech Inc.
6.3.10 Archer Daniels Midland
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security