Dog Food and Snacks Market Research Analysis 2027 - PowerPoint PPT Presentation

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Dog Food and Snacks Market Research Analysis 2027

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The increasing adoption of pets across the globe is the primary driver for the dog food and snacks industry growth during the forecast period. – PowerPoint PPT presentation

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Title: Dog Food and Snacks Market Research Analysis 2027


1
Dog Food and Snacks Market Size to Cross USD 90
Bn by 2027
2
Overview of Dog Food and Snacks Market
  • The dog food and snacks market is expected to
    witness rapid growth by 2027 due to soaring
    product demand across the globe. Additionally,
    increasing availability of a wide range of food
    and snacks for dogs is likely to further propel
    market growth through the forecast timeframe.
  • Following the COVID-19 outbreak, stringent
    lockdown restrictions imposed by governments
    directed people to isolate indoors, thereby
    causing an upsurge in pet adoption across the
    globe. As a result, increasing pet ownership,
    coupled with rising spending capacity of
    consumers, has positively influenced industry
    expansion.
  • Moreover, industry players have been focusing on
    product development to extend their consumer
    reach, which has augmented market demand
    worldwide. For instance, in May 2021, Kabo, a
    Canadian direct-to-consumer dog food company,
    launched its Monch Bars as an all-natural protein
    snack.
  • The dog food and snacks market has been
    categorized in terms of raw material, product
    type, cost category, distribution channel, and
    region. With respect to raw material, the market
    has been divided into animal based and plant
    based.

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  • The plant-based sub-segment accounted for nearly
    13.8 of the dog food and snacks market and is
    estimated to see notable growth over 2021-2027.
    The animal-based sub-segment is expected to
    progress at over 4.6 CAGR through the forecast
    period to attain a substantial valuation by the
    end of 2027.
  • The market has been segmented into wet food, dog
    food, dry food, and treat mixers. In 2020, the
    dry food sub-segment contributed to more than
    77.3 of the total market revenue and is
    speculated to see optimistic growth over
    2021-2027.
  • The wet food sub-segment is projected to grow at
    a CAGR of approximately 4.8 over the forecast
    period. The treat mixers sub-segment is
    foreseen to expand at a sizable rate to reach a
    notable valuation by 2027.
  • The market has been divided into mass/bulk pet
    food and premium pet food. In 2020, the premium
    pet food sub-segment accounted for around 22.8
    of the dog food and snacks market. The mass/bulk
    pet food sub-segment is slated to expand at a
    CAGR of more than 4.4 over the analysis
    timeframe.
  • The market has been bifurcated into online
    sellers, specialized pet food shops,
    supermarkets/hypermarkets, and others. The online
    sellers sub-segment is calculated to grow at a
    CAGR of over 4.7 through the analysis period. In
    2020, other distribution channels accounted for
    around 18.8 of the dog food and snacks market
    and are set to garner a considerable revenue by
    the end of 2027.

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  • Europe accounted for around 29.8 of the global
    market in terms of revenue in 2020 and is
    estimated to amass profitable gains through 2027.
    In 2020, Asia Pacific held about 15.1 share in
    the overall market revenue and is calculated to
    progress at a steady CAGR through the assessment
    timeframe.
  • Latin America held a share of over 12.7 in the
    dog food and snacks market in 2020 and is
    anticipated to expand at a CAGR of approximately
    4.0 over the estimated timeline. The Middle East
    Africa dog food and snacks market is slated to
    showcase robust growth to reach a respectable
    valuation by the end of the forecast period.
  • Notable participants in the Dog Food and Snacks
    market include Mars Petcare Inc., Nestle SA, The
    J.M. Smucker Company, Nippon Pet Food,
    Colgate-Palmolive, Blue Buffalo, Schell
    Kampeter. (Diamond pet food), Tiernahrung
    Deuerer, Champion Petfoods LP, and United Pet
    Group

5
Browse Full Research Report On Dog Food and
Snacks Market _at_ https//bit.ly/3qccMSi Request
for a sample of this research report _at_
https//bit.ly/3rX3vhe
6
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