Overview and Scope
Dog food refers to food suitable for or consumed by canines in general, whether domestic or wild. Dog diets are designed to ensure that the necessary nutrients are easily available to the digestive system of the dog and so easily absorbed by the body.
Sizing and Forecast
The dog food market size has grown strongly in recent years. It will grow from $36.67 billion in 2023 to $39.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to traditional pet ownership, limited product varieties, veterinary recommendations, limited health and specialty products, brand loyalty, limited online presence.
The dog food market size is expected to see strong growth in the next few years. It will grow to $53.88 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to humanization of pets, focus on health and wellness, product diversification, e-commerce expansion, sustainability concerns. Major trends in the forecast period include technology integration, premiumization and health focus, e-commerce and direct-to-consumer channels, personalization and customization, sustainability and ethical sourcing.
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Segmentation & Regional Insights
The dog food market covered in this report is segmented –
1) By Product: Kibble, Treats And Chews, Dehydrated Food, Freeze Dried Food, Freeze Dried Raw, Wet Food, Frozen, Raw Food, Powder,
2) By Nature: Organic, Monoprotein, Conventional
3) By Source: Animal Derived, Plant Derived, Insect Derived
4) By Pet Type: Puppy, Adult, Senior
5) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online, Other Distribution Channels
Top 5 Major Players:
- Nestle SA
- Mars Inc
- General Mills Inc
- Colgate-Palmolive Company
- The J.M. Smucker Company
North America was the largest region in the dog food market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global dog food market report during the forecast period. The regions covered in the dog food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Increasing dog adoption is expected to propel the growth of the dog food market going forward. Dog adoption refers to the purchase of a dog from a shelter or charity. The practice of humanizing pets is becoming more common. As a result, there is an increase in dog ownership, and people are giving their pets more nutritious food. For instance, in November 2022, according to a national survey of pets and people published by Animal Medicines Australia (AMA), an Australia-based industry body representing the leaders of the animal health industry in Australia, about half of Australian households have at least one dog, making them the most common pet. In 2022, 48% of households had dogs, up from 40% in 2019. Therefore, the increasing dog adoption is driving the growth of the dog food market.
Key Industry Players
Major companies operating in the dog food market report are Nestle SA, Mars Inc., General Mills Inc., Colgate-Palmolive Company, The J.M. Smucker Company, H&H Group, Diamond Pet Foods, Blue Buffalo Pet Products Inc., Unicharm PetCare Corporation, Affinity Petcare SA, Freshpet Inc., Merrick Pet Care, Champion Petfoods USA Inc., WellPet LLC, Real Pet Food Company Pty. Ltd., Russo Mangimi SpA, Nature’s Variety, Fromm Family Foods LLC, Nutro Products Inc., Rollover Pet Food Limited, Dick Van Patten’s Natural Balance Pet Foods, Evanger’s Dog & Cat Food Company Inc., Boulder Dog Food Company, Canidae LLC, Solid Gold Pet LLC, Dave’s Pet Food, Party Animal Inc., PetGuard Holdings LLC, Del Monte Pet Products Inc., JustFoodForDogs, Annamaet Pet Foods Inc., Beaphar Pet Healthcare Products
The dog food market report table of contents includes:
1. Executive Summary
2. Dog Food Market Characteristics
3. Dog Food Market Trends And Strategies
4. Dog Food Market – Macro Economic Scenario
5. Global Dog Food Market Size and Growth
….
32. Global Dog Food Market Competitive Benchmarking
33. Global Dog Food Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Dog Food Market
35. Dog Food Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Dog Food Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Dog Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Dog Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 76: Nestle SA Financial Performance
Table 77: Mars Inc. Financial Performance
Table 78: General Mills Inc. Financial Performance
Table 79: Colgate-Palmolive Company Financial Performance
Table 80: The J.M. Smucker Company Financial Performance
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