Global Organic Pet Food Market To Be Driven By Rising Focus On Holistic Pet Health In The Forecast Period Of 2022-20274 min read
The new report by Expert Market Research titled, ‘Global Organic Pet Food Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global organic pet food market, assessing the market based on its segments like pet types, products, packaging types, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2021-2026): 5%
Due to the increasing focus on pet health and wellness, in the wake of pet humanisation, organic pet food is one of the fastest-growing segments in the pet food industry. The rising prevalence of skin allergies, arthritis, brain ageing, digestive issues, and obesity, etc., among dogs is surging the demand for organic pet food to bolster their overall wellbeing. With the growing awareness regarding health issues of pets, owners are increasingly purchasing healthy and nutritious food, which is boosting the popularity of organic pet food. As organic pet food is produced from natural ingredients and contains no preservatives, artificial colours, or tastes, the market is witnessing a healthy growth.
Industry Definition and Major Segments
Organic pet foods refer to pet food products that do not contain preservatives, artificial flavours, colours, or genetically-modified products. Such food products have an excellent nutritional profile and contain vitamins, proteins, amino acids, fatty acids, and minerals, among others. They improve the overall health of a pet while preventing the risk of various diseases.
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The various pet types segment of organic pet food are:
By product, the market is categorised into:
- Dry Food
- Wet and Canned Pet Food
- Snacks and Treats
On the basis of packaging type, the market is divided into:
The major distribution channels of organic pet food in the market are:
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
The regional markets for the product include:
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
The increasing preference for organic pet food as an alternative to conventional pet food owing to its excellent nutrition profile is driving the market growth. As leading companies are increasingly spending on marketing organic pet food as an essential for holistic pet health, its demand is significantly growing. The surging adoption of stray and injured animals, especially by the young population, is further fuelling the industry growth. With the growing access to pet care services owing to the extensive penetration of the internet and social media, the demand for nutritious and organic pet food is growing, which is expected to provide further boost to the industry growth in the forecast period.
Key Market Players
The major players in the market are Nestlé S.A., Newman’s Own, Inc., BiOpet Pet Care Pty Ltd, Castor & Pollux Natural Petworks, and Evanger’s Dog & Cat Food Company, Inc, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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