Segments - Fresh Pet Food Market By Types (Raw, Frozen Food, Grain-free, Pate, and Others), Sources (Animal and Plant), Animal Types (Cats, Dogs, Birds, and Others), Distribution Channel (Online and Offline [Supermarkets and hypermarkets, Pet specialty stores and vet clinics, Convenience stores, and Others]) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global fresh pet food market was valued at USD 1441.321 Million in 2022 and is projected to reach USD 7549.19 Million by 2031, expanding at a CAGR of 20.2% during the forecast period 2023-2031. Fresh pet food is defined as food that is free from preservatives or supplements. Fresh pet food can be kept in the fridge for maintaining its freshness.
Fresh pet food is usually made from whole foods such as meats, vegetables, and grains. Moreover, fresh pet food is often human-grade and safe for human consumption. Fresh pet food is generally cooked at a low temperature, which helps in preserving naturally-occurring nutrients including vitamins, carbohydrates, and proteins.
Fresh pet food for pets involves actual, fresh ingredients rather than meals with artificial chemicals, additives, and fillers. Fresh foods provide all of the essential nutrients for good health. Fresh food is easier for pets to digest. Most dog owners found that their dog is healthier after switching to fresh pet food.
The demand for organic and natural pet food is expected to be driven by the increasing population of pets. Fresh and natural pet foods, in contrast to most conventional pet foods, are steadily used. During the projected period, the fresh pet food market is expected to be driven by rising pet food demand and increased traction in the premium fresh pet food category.
Due to its simplicity in terms of storage and feeding pets without making a mess, fresh pet food is seeing tremendous development in demand as compared to other product rivals. This is driving urban shoppers to choose fresh pet food more frequently.
The increased popularity of dog, cat, and fish adoption as a family pets is expected to drive product demand. In terms of pet humanization, dogs and cats, in particular, are experiencing an upward trend. One of the key drivers of the market is expected to be the rising rate of pet ownership worldwide, particularly in emerging regions.
Growing urbanization and pet humanization are driving pet owners to choose nutritious and high-quality food for their animals, boosting the market's growth rate. According to the 2021-2022 American Pet Products Association (APPA) National Pet Owners Survey, 70% of U.S. households own a pet, which equates to 90.5 million homes.
Pet food is one of the most tightly regulated food categories, particularly in western markets. Pet animal foods are rigorously inspected in developed markets at every stage, from the ingredients used in food preparation to sales and marketing. The high level of rigor associated with commercialization could be a key stumbling block to the market's expansion. Furthermore, in some developing nations, reduced acceptability of premium or high-priced pet food might be a barrier to market growth.
Dogs are widely adopted as pets around the world, which is one of the main reasons for their domination in the market. Furthermore, the demand for natural and high-quality dog food is driven by the high maintenance cost of dogs. Another important factor driving the segment's growth is the introduction of dog treats and nutritionally balanced meals. All of these factors are contributing to market opportunities. According to the American Pet Products Association's (APPA) National Pet Owners Survey 2019-20, dogs are owned by 63.4 million homes, or 74.6 percent of all pet-owning households in the United States.
The report on the global fresh pet food market includes an assessment of the market, size, share, trends, segments, and country markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Fresh Pet Food Market |
Base Year |
2022 |
Historic Data |
2016 & 2021 |
Forecast Period |
2023–2031 |
Segmentation |
By Types (Raw, Frozen Food, Grain-free, Pate, and Others), By Sources (Animal and Plant) By Animal Types (Cats, Dogs, Birds, and Others) By Distribution Channels (Online and Offline [Supermarkets & hypermarkets, Pet specialty stores & vet clinics, Convenience stores, and Others) |
Regional Scope |
North America, Europe, Asia Pacific, Latin America and Middle East and Africa. |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Freshpet, DawgieBowl, Farm Fresh Pet Foods, BARF India, Primal Pet Foods Inc, Buhler Group, NomNomNow Inc, JustFoodForDogs, Big Dog Pet Food, My Perfect Pet, Inc |
Based on types, the global fresh pet food market is divided into raw, frozen food, grain-free, pate, and others. The frozen food segment is estimated to expand at a significant CAGR during the forecast period, owing to increasing demand for high-quality nutritious food, lack of preservatives, and rising concerns regarding pet health. Additionally, frozen food usually lasts longer than canned foods and is ready for steaming/cooking.
By sources, the global fresh pet food market is primarily segregated into animal and plant. The plant segment is estimated to hold a substantial share of the market during the forecast period. The number of plant protein sources that are good in nature, including chickpeas, beans, and potatoes. Peas are a good source of minerals and beans, which are a rich source of fiber and ideal for a pet’s diet.
By animal types, the global fresh pet food market is categorized as cats, dogs, birds, and others. The preference to keep dog as pets is attributed to their exceptional qualities such as companionship and loyalty, which in turn, is boosting the sale of fresh pet food for dogs.
By distribution channels, the global fresh pet food market is segmented into online and offline. The offline segment is further sub-segmented into supermarkets & hypermarkets, pet specialty stores & vet clinics, convenience stores, and others. Rising ease and availability of buying and selling products online. Moreover, the growth of the online segment is due to many factors such as exciting offers, attractive memberships, and free deliveries of products.
Based on regions, the global fresh pet food market is splits into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Asia Pacific is anticipated to hold a significant share of the market during the forecast period due to the growing adoption of pets the region. Countries such as China and India are major contributors to the fresh pet food market revenue in this region. The market in North America is projected to expand at a significant CAGR during the forecast period, owing to the rising adoption of various pets in the region.
Factors such as GDP, government regulations, and consumer demand are analyzed in the final report.
The base year considered for the global fresh pet food market report is 2021. The complete analysis period is 2019 to 2030, wherein, 2019, and 2021 are the historic years, and the forecast is provided from 2022 to 2030.
The market is expected to slightly decrease in 2019 and 2020 owing to the COVID 19 pandemic is impacted the global fresh pet food market.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
Dogs, cats, birds, fish, and others are the major applications of fresh pet food.
Increasing pet ownership in developing economies boosts the market, increasing awareness about fresh pet food among pet owners, and increasing innovation by pet food manufacturers to positively influence the market are the factors expected to drive the market growth during forecast period.
In addition to market size (in USD Million), Company Market Share (in % for base year 2021), impact of key regulations, Value has been provided in the report.
According to this Growth Market Reports report, the fresh pet food Market is likely to register a CAGR of 20.2% during the forecast period 2021-2030, with an anticipated valuation of USD 4,900.0 million by the end of 2030.
Additional company profiles can be provided on request For a discussion related to above findings, click Speak to Analyst