According to IMARC Group’s latest report, titled “Dog Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global dog food market size reached US$ 66.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 88.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.77% during 2023-2028.
Dog food is specially formulated food that is designed to provide the essential nutrients that dogs need for their growth, health, and well-being. It usually contains a balanced mix of protein, carbohydrates, fats, vitamins, and minerals that are necessary for a dog's overall health. Dog food can come in various forms, including dry kibble, wet canned food, and raw food. Some dog foods are designed for specific life stages, such as puppies or senior dogs, while others are tailored to meet specific dietary needs, such as weight management or digestive issues. It is important to choose a high-quality dog food that meets the dog's nutritional requirements and is appropriate for its age, size, and activity level.
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Dog Food Market Trends:
The increasing awareness regarding proper nutrition among pet owners for their pets' health and well-being represents one of the key factors driving the market growth across the globe. This, coupled with the rising demand for high-quality dog food is contributing to the market growth. In line with this, the rising number of pet owners worldwide is contributing to the growth of the market. In addition to this, the increasing focus of dog food manufacturers on developing new products and formulations to cater to specific dietary needs, such as grain-free, organic, or hypoallergenic dog food, is driving the market growth. Other factors, such as the increase in e-commerce sales of pet food, rapid urbanization, and rising disposable income, are creating a positive outlook for the market.
Competitive Landscape with Key Players:
The global dog food market is highly concentrated in nature with the presence of a few players competing in terms of quality and prices.
Mars Petcare, Inc.Nestlé Purina Pet CareHill's Pet NutritionProctor & Gamble Co.Del Monte FoodsKey Market Segmentation:
The report has categorized the market based on product type, pricing type, ingredient type, and distribution channel.
Breakup by Product Type:
Dry Dog FoodDog TreatsWet Dog FoodBreakup by Pricing Type:
Premium ProductsMass ProductsBreakup by Ingredient Type:
Animal DerivedPlant DerivedBreakup by Distribution Channel:
Supermarkets and HypermarketsSpecialty StoresOnlineOthersRegional Insights:
North AmericaWestern EuropeAsia PacificLatin AmericaEastern EuropeMiddle East and AfricaKey Highlights of the Report:
Market Performance (2017-2022)Market Outlook (2023-2028)Market TrendsMarket Drivers and Success FactorsImpact of COVID-19Value Chain AnalysisComprehensive mapping of the competitive landscapeIf 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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