Dog Food and Snacks Market Share | Global Report 2020-2027

 

Dog Food and Snacks Market

Dog Food and Snacks Market

The Dog and Snacks Market is predicted to expand at a robust CAGR over the forecast period (2020-2027).

The factors driving the growth of Dog and Snacks Market includes rise in the number of nuclear families, growing emphasis on providing adequate nutritional values to the pets, trending concept of pet humanization and increasing pet dog adoption rates around the world. According to the report published by Statista, the pet dog population rates in India was estimated around 12.58 million in 2014 and is predicted to reach 31.41 million by the end of 2023, which will boost the market growth in the approaching years. Moreover, rising focus on animal welfare, increasing concerns about obesity in pets, growing sales of premium dog food products, innovations in the dog snack products and easy availability pet food items at supermarkets and e-commerce platforms, are some of the additional factors supplementing the Dog Food and Snacks Market share. In addition, the increasing investments by leading players on research and development, rapid urbanization and rising disposable incomes, are further contributing to the market growth.

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However, the growth of Dog and Snacks Market is hindered due to strict regulations regarding the manufacturing of pet food products.

The major players operating in the market are Diamond Pet Foods, Blue Buffalo Co. Ltd, Deuerer, Heristo AG, Mars Petcare, Nestlé SA, Colgate-Palmolive Co, Heristo AG, Unicharm Corp., Thai Union Group, The JM Smucker Company, and Big Heart Pet Brands, among others.

Product Type: Segment Analysis

Based on Product Type, the Food segment is estimated to grow at a significant CAGR during the forecast period because the dog food products provide adequate nutrients such as carbohydrates, proteins and vitamins and improves the oral health of dogs.

Distribution Channel: Segment Analysis 

Based on Distribution Channel, the Supermarkets/Hypermarkets segment is expected to capture the largest market share over the forecast period because the supermarkets offer wide range of dog food products with huge discount offers.

Ingredient: Segment Analysis

Based on Ingredient, the Animal-derived segment is projected to expand at a remarkable CAGR during the forecast period. The animal derived ingredients contain high animal source proteins which are beneficial to build the muscles and hair in dogs, which is the major factor augmenting the segment’s growth.

Regional: Segment Analysis

Based on Region, the North American region is anticipated to hold the highest market share over the forecast period. The growing concept of nuclear families, easy availability of dog food products at supermarkets and online platforms, increasing demand for premium dog snacks products, high per capita incomes, and improved living standards, are some of the important factors propelling the market growth in North America.

Market Segmentation

Global Dog Food and Snacks Market by Product Type

  • Food
    • Dry Food
    • Wet Food
  • Treats & Mixers

Global Dog Food and Snacks Market by Distribution Channel

  • Specialized Stores
  • Supermarkets/Hypermarkets
  • Online
  • Others

Global Dog Food and Snacks Market by Ingredient

  • Plant-derived
  • Animal-derived
  • Others

Global Dog Food and Snacks Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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