Global Dog Food Market

The latest report by IMARC Group, titled "Dog Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," finds that the global dog food market size reached US$ 62.7 Billion in 2021. Dog food refers to commercially prepared food intended for consumption by dogs to fulfill their nutritional requirements. It is generally manufactured using various plant- and animal-derived ingredients, including meats, meat byproducts, cereals, grains, vegetables, and preservatives. It is rich in essential nutrients, such as proteins, carbohydrates, minerals, vitamins, fats, and water, required for the proper growth of dogs. It also helps dogs fight off infections and perform daily activities while strengthening their teeth and bones. In recent years, dog food has gained immense traction among pet owners as it improves health and prevents medical conditions, such as kidney and heart-related diseases. 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

Global Dog Food Market Trends:

The rising awareness regarding the dietary requirements of dogs among pet owners and the emerging trend of pet humanization represent the primary factors driving the market growth. Besides this, the growing focus on pet health and nutrition and the surging dog ownership rates have augmented the product demand. Additionally, various non-governing agencies are making significant investments in the development of dog shelters where volunteers work toward improving the overall health and wellbeing of stray dogs. Along with this, the widespread prevalence of numerous health conditions in dogs, such as diabetes, arthritis, and high blood pressure, has encouraged the adoption of dog food. Furthermore, veterinarians have started recommending low-calorie and value-added dog food products to enhance nutrition intake. This, in turn, has prompted key players to launch organic and natural product variants suitable for every stage of a dog's life. Other factors, including the increasing product premiumization, rising consumer expenditure capacities, rapid urbanization, and easy product availability via e-commerce platforms, are also providing a positive thrust to the market growth. Looking forward, the market is anticipated to reach a value of US$ 84 Billion by 2027, expanding at a CAGR of around 4.95% during the forecast period (2022-2027).

Market Summary:

• Based on the product type, the market has been divided into dry dog food, dog treats, and wet dog food. Currently, dry dog food represents the most popular type.
• On the basis of the pricing type, the market has been bifurcated into premium and mass products. Presently, mass products dominate the market, holding the largest market share.
• Based on the ingredient type, the market has been classified as animal and plant derived dog food. At present, animal-derived products are gaining traction across the globe.
• The market has been segregated based on the distribution channel into supermarkets and hypermarkets, specialty stores, online, and others. Amongst these, supermarkets and hypermarkets represent the largest segment.
• On a regional basis, North America holds the leading position in the market. Other major regions include Western Europe, Asia-Pacific, Latin America, Eastern Europe, and Middle East and Africa.
• The competitive landscape of the market has also been examined, with some of the key players being Mars PetCare, Incorporated, Nestlé Purina PetCare Company, Hill's Pet Nutrition, Inc., and Del Monte Foods (Big Heart Pet Brands, Inc).

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