According to a recent market study published by Growth Market Reports, titled, “Global Fresh Pet Food Market” by types, by applications, and by regions: Size, Share, Trends and Opportunity Analysis, 2019-2030”, the market was valued at USD 1,199.0 Million in 2021 and is expected to grow at a growth rate of 20.2% by the year 2030.

As per Growth Market Reports industry analyst Sakshi Bhoyar, “Global Fresh Pet Food Market is anticipated to witness significant growth during the forecast period 2022-2030. Growing concerns among consumers related to pet health and pet nutrition is driving the market. Shifting consumer preferences toward the adoption of high protein food and fresh recipes for their pets are creating opportunities in the market.

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The term fresh pet food simply refers to pet food that contains fewer or no preservatives/additives. Many fresh food pet products are made with a blend of oils, as well as fats from animal protein. It has fewer or no preservatives and is kept refrigerated between serves to retain freshness. It was noticed by the pet owners that their pets have a shiny coats and healthy skin after consuming fresh pet food in their daily meals. It was also seen that pets have a strong immune system and there was a reduction in food-related allergies, reduced risk of bloating, clean healthy teeth, and better breadth. Fresh pet food products are rich in nutrients that help in healthy joints and improve mobility in pets with joint problems.

Key factors that are anticipated to fuel the demand for the global fresh pet food market during the forecast period, due to increasing demand for the fresh pet food and increasing awareness about fresh pet food among pet owners. Conversely, pet food regulations to stifle market growth. Dogs are widely adopted as pets around the world, which is one of the main reasons for their domination in the market.

The primary as well as secondary research methodology is used for keen observation and study in the fresh pet food market report. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.

Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs.

Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The COVID-19 pandemic has highlighted economic disparities in the global demand in the crises of global interdependence and governance challenges. Epidemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. According to the current pandemic situation, strict measures are required for monitoring the situation, which in turn, affect businesses causing unanticipated short and long-term effects.

Consequently, epidemics and pandemics are problems for individual market and an enhancement of existing dynamics and limitations. In the long-term, COVID-19 can serve as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services. However, reduction in outdoor activities and social distancing has created lucrative opportunities for the market.

Key Takeaways from the Study

  • The players include Freshpet, DawgieBowl, Farm Fresh Pet Foods, BARF India, Primal Pet Foods Inc, Buhler Group, NomNomNow Inc, JustFoodForDogs, Big Dog Pet Food, and My Perfect Pet, Inc.
  • On the basis of types, the frozen food segment is attributed to the long shelf life of the product without the loss of essential nutrients. Rising awareness among consumers related to significant benefits offered by frozen food such as less likelihood of allergies, improved immunity, improved digestion & oral health, and improving overall health is driving the market.
  • Based on sources, the plant sources segment is estimated to grow in the near future, due to the increasing adoption of fresh pet food among consumers for low risk of articular gout in pets.
  • In terms of animal types, the dog segment is anticipated to expand during the forecast period. Dogs are highly adopted as pets by people, which increases the demand for fresh pet food for dogs among consumers. Fresh pet food is highly used as a substitute against phosphate and contains cleansing agent properties, which is expected to boost the market.
  • On the basis of distribution channels, the offline segment is expected to hold a significant share of the market during the forecast period, as the traditional way of shopping is highly adopted by consumers, due to availability of variety of products, and consumers prefer to visit the stores to choose products as per their choice.
  • In terms of regions, the market Asia Pacific constituted a significant share of the market, due to rising culture of pet parenting in the region. Rising urbanization, growing per capita income, and changing lifestyles of consumers are creating opportunities in the market.

Fresh Pet Food Market Scope

Report Metric

Details

Market Value in 2021

USD 1,199.1 Million

Market Growth Rate (from 2020 to 2028)

20.2%

Historical Data

2019 & 2020

Base Year

2021

Forecast Period

2021 – 2030

Units Considered

Value (USD Million)

Market Segments

By Types, By Sources, By Animal Types, By Distribution Channel, and By Regions

Key Companies Profiled

Freshpet, DawgieBowl, Farm Fresh Pet Foods, BARF India, Primal Pet Foods Inc, Buhler Group, NomNomNow Inc, JustFoodForDogs, Big Dog Pet Food, and My Perfect Pet, Inc.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Raw material suppliers and Manufactures
  • Demand Side: Pet Owners, Others
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.
  • Associations and Industry Bodies: United States Food and Drug Administration (FDA) and others.