Vegan Pet Food Market Size, Share, Growth & Forecast 2031

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Vegan Pet Food Market Size, Share, Growth & Forecast 2031

Vegan Pet Food Market Size, Share, Growth & Forecast 2031

Segments - Global Vegan Pet Food Market by Pets (Cats, Dogs, Birds, and Others), Types (Organic and Conventional), Products (Wet Food, Dry Food, Treats & Chews, and Others), Distribution Channels (Modern Trade, Pet Food Stores, Veterinary Clinics, Online Retailing, and Other Retailing Formats), Ingredients (Dark, Leafy Greens, Lentils, Rice, Broccoli, Carrots, Quinoa, and Beans), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2023-2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

Global Vegan Pet Food Market Outlook 2031

The Global Vegan Pet Food market size was USD 10.69 Billion in 2022 and is anticipated to reach USD 17.31 Billion by 2031 expand at a substantial CAGR 5.5% during the forecast period, 2023-2031. Vegan pet foods are made up of plant-based ingredients and abstained from using any animal-based contents or any of its by-products.

Vegan pet food is made by using legumes, grains, cereals, fruits, nuts, soya and vegetable oils along with other non-animal derived ingredients. The demand for vegan pet food is rising as a large number of people are increasingly inclined towards veganism. Considering the benefits of meat-free diet, the pet owners are making the similar transition in choosing the diets of their pets. Vegan pet foods are high quality packed that contain balanced nutritional value.

Vegan Pet Food Market Trends, Drivers, Restraints, and Opportunities:

Rising demand for the premium quality natural food is estimated to act as a key driving factor to boost the vegan pet food market.
Adoption of vegan pet food helps reduce in the occurrence of allergies in pets, skin issues, bad breath, and improves maintenance of weight; thereby, rising the consumption of vegan pet food.
Growing technological advancements that help in enhancing the vegan pet food quality coupled with increasing spending on pet food in developing countries are anticipated to further contribute the market growth during the forecast period.
Lack of availability of quality ingredients alongside the changing regulations in the international trade act as restraints that can hamper the growth of vegan dog food market during the forecast period.
Influx of counterfeit pet food products are the major challenges for the growth of the vegan pet food market.

Scope of The Vegan Pet Food Market Report:

The report on the global vegan pet food market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes	Details
Report Title	Vegan Pet Food Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Pets (Cats, Dogs, Birds, Others) Types (Organic, Conventional) Products (Wet Food, Dry Food, Treats and Chews, Others) Distribution Channels (Modern Trade, Pet Food Stores, Veterinary Clinics, Online Retailing, Other Retailing Formats) Ingredients (Dark, Leafy Greens, Lentils, Rice, Broccoli, Carrots, uinoa, Beans)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
Key Players Covered in the Report	Antos B.V, Augustine Approved Pty Ltd, Benevo, Halo Pets, Isoropimene Zootrofe Georgios Tsappis Ltd, My Aistra, Soopa Pets, V-dog, Wild Earth, and Yarrah Organic Petfood B.V.

Global Vegan Pet Food Market Segment Insights

Conventional segment to hold a significant market share

On the basis of types, the global vegan pet food market can be segmented into organic and conventional. Increasing number of vegan consumers and their preference for organic ingredients of the vegan pet food owing to the growing health consciousness of owners. This is anticipated to boost the organic segment during the forecast period.

Dog segment on the rise during the forecast period

In terms of pets, the global vegan pet food market is divided into cats, dogs, birds, and others. The vegan pet food market is dominated by dog-oriented vegan food products. The dogs segment is anticipated to continue its dominance in the market during the targeted years whereas the cats segment is expected to grow at a steady rate during the projection timeline.

Online Channel preferred by customers

Based on distribution channels, the vegan pet food market can be divided into modern trade, pet food stores, veterinary clinics, online retailing, and other retailing formats. The online retailing segment is anticipated to expand at a healthy rate during the forecast period as the number of consumers buying vegan pet food online is increasing significantly and availability of a wide variety of vegan pet foods.

The modern trade segment is estimated to hold a significant market share during the forecast period.

Vegan Pet Food Market Distribution Channel

North America constitutes a dominant share of the global market

Based on regions, the vegan pet food market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, North America is a major consumer of vegan pet food products, and is followed by Europe. Asia Pacific is anticipated to increase its market share during the forecast period.

Segments

The global vegan pet food market can be divided based on industries, applications, and regions.

Pets

Cats
Dogs
Birds
Others

Types

Organic
Conventional

Products

Wet Food
Dry Food
Treats and Chews
Others

Distribution Channels

Modern Trade
Pet Food Stores
Veterinary Clinics
Online Retailing
Other Retailing Formats

Ingredients

Dark
Leafy Greens
Lentils
Rice
Broccoli
Carrots
Quinoa
Beans

Regions

North America
Europe
Latin America
Asia Pacific
Middle East & Africa

Key Players

Antos B.V.
Augustine Approved Pty Ltd
Benevo
Halo Pets
Isoropimene Zootrofe Georgios Tsappis Ltd.
My Aistra
Soopa Pets
V-dog
Wild Earth
Yarrah Organic Petfood B.V.

Competitive Landscape

Major players in the global vegan pet food market include Antos B.V, Augustine Approved Pty Ltd, Benevo, Halo Pets, Isoropimene Zootrofe Georgios Tsappis Ltd, My Aistra, Soopa Pets, V-dog, Wild Earth, and Yarrah Organic Petfood B.V. Many companies have adopted research and development as a market strategy tool to withstand the competition. The strategy is adopted to provide better quality and new features of products to customers.
Vegan Pet Food Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vegan Pet Food Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Vegan Pet Food Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vegan Pet Food Market - Supply Chain
  4.5. Global Vegan Pet Food Market Forecast
     4.5.1. Vegan Pet Food Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vegan Pet Food Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Vegan Pet Food Market Absolute $ Opportunity
5. Global Vegan Pet Food Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Vegan Pet Food Market Size and Volume Forecast by Types
     5.3.1. Organic
     5.3.2. Conventional
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Vegan Pet Food Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Vegan Pet Food Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Vegan Pet Food Demand Share Forecast, 2019-2026
7. North America Vegan Pet Food Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Vegan Pet Food Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Vegan Pet Food Market Size and Volume Forecast by Types
     7.4.1. Organic
     7.4.2. Conventional
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Vegan Pet Food Demand Share Forecast, 2019-2026
8. Latin America Vegan Pet Food Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Vegan Pet Food Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Vegan Pet Food Market Size and Volume Forecast by Types
     8.4.1. Organic
     8.4.2. Conventional
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Vegan Pet Food Demand Share Forecast, 2019-2026
9. Europe Vegan Pet Food Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Vegan Pet Food Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Vegan Pet Food Market Size and Volume Forecast by Types
     9.4.1. Organic
     9.4.2. Conventional
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Vegan Pet Food Demand Share Forecast, 2019-2026
10. Asia Pacific Vegan Pet Food Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Vegan Pet Food Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Vegan Pet Food Market Size and Volume Forecast by Types
     10.4.1. Organic
     10.4.2. Conventional
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Vegan Pet Food Demand Share Forecast, 2019-2026
11. Middle East & Africa Vegan Pet Food Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Vegan Pet Food Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Vegan Pet Food Market Size and Volume Forecast by Types
     11.4.1. Organic
     11.4.2. Conventional
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Vegan Pet Food Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Vegan Pet Food Market: Market Share Analysis
  12.2. Vegan Pet Food Distributors and Customers
  12.3. Vegan Pet Food Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Antos B.V.
     12.4.2. Augustine Approved Pty Ltd
     12.4.3. Benevo
     12.4.4. Halo Pets
     12.4.5. Isoropimene Zootrofe Georgios Tsappis Ltd.
     12.4.6. My Aistra
     12.4.7. Soopa Pets
     12.4.8. V-dog