NEW YORK, Oct. 30, 2023 /PRNewswire/ — The frozen and freeze dried pet food market is predicted to develop by USD 2.47 billion from 2022 to 2027, in accordance with Technavio. In addition, the expansion momentum of the market will progress at a CAGR of 11.25% through the forecast interval. Increasing pet well being consciousness is notably driving the frozen and freeze dried pet meals market. However, elements corresponding to issues within the cooling chain would possibly lead to well being points which will impede market development. The market is segmented by distribution channels (offline and on-line), animal sort (canine, cat, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). Technavio offers a complete report abstract describing the market dimension and forecast together with analysis methodology. The sample report is available in PDF format
Key Segment Analysis
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The market share development by the offline section will probably be important through the forecast interval. Food, department shops, stores, and specialised animal care retailers are additionally a part of the offline channel. Offline shops are frequent locations to purchase recent meat, recent fruit, dairy merchandise, delicatessens, baked items, and different gadgets. Moreover, clients can receive info on the product earlier than buy from offline retailers staffed by consultants. The presence of individual manufacturers in a single place additionally permits consumers to match and examine their merchandise on a bodily stage.
To know extra highlights and key factors on varied market segments and their influence in coming years, View the PDF Sample Report.
Geographical Market Analysis
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North America is estimated to contribute 38% to the expansion of the worldwide market throughout the forecast interval. In international locations just like the US, Canada, and Mexico there’s an growing curiosity in pet possession that impacts markets within the area. Pet homeowners in international locations, such because the US, are acquainted with and carefully monitor the standard and supply of elements used for frozen freeze-dried, and dehydrated pet meals. In addition, as a result of their industrial capability to course of and produce, as compared with the remainder of the area, the US and Canada make up the main markets for these merchandise.
Company Insights
The frozen and freeze dried pet meals market is fragmented, and the businesses are deploying natural and inorganic development methods to compete available in the market. The report analyzes the market’s aggressive panorama and gives info on a number of market corporations, together with Bravo LLC, VibrantPet Nutrition Group LLC, CanvasbackPets, Carnivora, Carnivore Meat Co. LLC, Champion Petfoods LP, Doggie Dabbas Pvt Ltd., Fresh Is Best, Grandma Lucys LLC, MiracleCorp Products, Natural Pet Food Group, Natures Diet, Natures Menu Ltd., Northwest Naturals Raw Pet Food, NRG Plus Ltd., Primal Pet Foods Inc., RAWZ Natural Pet Food, Stella and Chewys LLC, Steves Real Food, and Wisconsin Freeze Dried
View the PDF Sample Report to search out extra highlights on the expansion methods adopted by corporations and their product choices.
Related Reports:
The pet food market dimension is estimated to develop at a CAGR of 5.71% between 2022 and 2027. The market dimension is forecast to extend by USD 35.75 billion.
The wet pet food market is estimated to develop at a CAGR of 6.61% between 2022 and 2027. The dimension of the market is forecasted to extend by USD 9,735.38 million.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Distribution Channel
Market Segmentation by Animal Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation concentrate on rising market traits and supply actionable insights to assist businesses establish market alternatives and develop efficient methods to optimize their market positions.
With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.
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SOURCE Technavio