According to a recent survey conducted by ChemView Consulting, the Global Dog Food Market grew at a CAGR of 5.4% between 2017-2021 and is estimated to be US$ 41732.5 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.9% and is expected to reach a valuation of US$ 74,034.5 Mn by 2032 end.
Dogs are now one of the most popular pets in the world. A dog’s typical diet should contain a combination of carbohydrates, minerals, proteins, fats, vitamins, and water. Without a proper diet, your dog will be unable to fight off infections, perform normal activities, repair teeth and bones, and maintain size and muscle tone. Dog food manufacturers around the world are therefore introducing products suitable for all stages of a dog’s life. Some are prescribed to control health conditions such as Additionally, various NGOs have started building rescue shelters where volunteers work to improve the health of stray dogs, creating demand for quality dog food.
Today’s pet owners are becoming more aware of their dogs’ nutritional needs, with an increased demand for higher quality dog food products. reported in. As a result, veterinarians began recommending low-calorie dog foods to owners, and manufacturers expanded their product offerings. It has seen significant growth in developing regions such as Mexico, India, Thailand, and China. In addition, rapid urbanization and rising disposable incomes in these areas have led to an increase in dog ownership. This factor is driving the growth of the market.
IMARC Group provides an analysis of key trends in each sub-segment of the Global Dog Food Market report along with forecasts at the global and regional levels from 2023 to 2028. Our report covers product type, price type, ingredient type and distribution channel.
The dog food market is segmented by product type into dry dog food, dog treats and wet dog food. Among them, dry type dog food is the most popular type because it is cheaper and less likely to get tartar.
The market is analyzed based on the ingredients of animal and plant products. Animal foods are now becoming more important as they are easily digestible, provide energy and help maintain the overall health of your dog.
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ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
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