Rising Pet Ownership and Humanization of Dogs Driving Dog Food DemandThe global market for dog food has experienced steady growth due to an increasing number of people adopting dogs in urban areas as their dogs serve as a source of companionship, emotional support and safety. According to the 2024 APPA National Pet Owners Survey, it is reported that there are 82 million households in the United States that have at least one pet; therefore, pet care has become part of the “American way” that families live and the way American families define themselves.
The rapid increase in the number of dog owners in nuclear families and single person households and dual income families without kids is due, in large part, to the desire for these families to develop a bond with their dogs. The relationship between family members and their dogs has been redefined as more families are willing than ever to spend a lot of money to provide for their dog's health, nutritional needs and overall well-being.
Expansion of E-commerce and Pet Specialty Retail Channels Accelerating Market Growth
E-commerce together with pet specialty stores needs to expand its reach because this combination provides better access to products through multiple retail channels which customers can choose from at their convenience. The market expansion occurs because more distribution channels exist for pet food which customers can find through online and physical retail stores. Companies need to establish more retail locations because they want to reach more customers through their offline expansion. Durkha Dog Chew plans to launch its first commercial production facility for yak cheese chews which it will build in Nepal and open in April 2024 with a production capacity of 50 tons of yak cheese chews for the first six months and 100 tons per month after 12 months. The market growth process receives support from the expansion of online retail stores. Pet care online sales which include food products showed two years of rapid growth when they increased from 32 percent in 2020 to 40 percent in 2022 which shows the digital transformation of pet food retailing.
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Dog Food Industry Segmentation:
By Product Type:
Dry Dog Food
Dog Treats
Wet Dog Food
By Pricing Type:
Premium Products
Mass Products
By Ingredient Type:
Animal Derived
Plant Derived
By Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Online
Others
Regional Insights:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Key Players
Mars Petcare Inc.
Nestle Purina PetCare
Hill's Pet Nutrition Inc. (Colgate-Palmolive Company)
General Mills Inc. (Blue Buffalo)
The J.M. Smucker Company
Diamond Pet Foods
Del Monte Foods Inc.
Spectrum Brands Holdings, Inc.
Freshpet Inc.
Wellness Pet Company
Central Garden & Pet Company
Champion Petfoods LP
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