According to IMARC Group’s latest report, titled “Dog Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 62.7 Billion in 2021. Dog food represents the food items specially intended and formulated to meet the water and nutritional requirements of dogs and other related canines. It is prepared with numerous agricultural and animal-feed grade ingredients, including seafood, poultry, grains, etc. Dog food offers various benefits, such as repairing damaged cells, regulating digestion, reducing irritation caused by allergies and environmental conditions, etc. As a result, it is widely utilized by pet owners across the globe to maintain a healthy lifestyle for their dogs.
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The growing awareness among pet owners towards the importance of maintaining the adequate nutritional requirements of their pets is primarily driving the dog food market. Apart from this, the shifting consumer preferences from synthetic to natural pet food items are further catalyzing market growth. Additionally, the several convenience benefits related to dry organic dog food that ensure oral care in dogs and eliminate the need for freezing are also augmenting the global market. Besides this, government bodies across countries are implementing various stringent regulations to mandate the efficient monitoring of the dog food manufacturing process, which is acting as another significant growth-inducing factor. Furthermore, the introduction of product variants with innovative flavors and clean label ingredients is anticipated to fuel the dog food market over the forecasted period. Looking forward, IMARC Group expects the market to reach US$ 84 Billion by 2027, exhibiting a CAGR of 4.95% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally, and our estimates about the latest market trends and forecasts, are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Mars Petcare, Inc.
- Nestlé Purina Pet Care
- Hill’s Pet Nutrition
- Proctor & Gamble Co.
- Del Monte Foods
Breakup by Product Type:
- Dry Dog Food
- Dog Treats
- Wet Dog Food
Breakup by Pricing Type:
- Premium Products
- Mass Products
Breakup by Ingredient Type:
- Animal Derived
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- North America
- Western Europe
- Asia Pacific
- Latin America
- Eastern Europe
- The Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.