What is Natural Pet Foods Market Scope?
Natural pet food is defined as a feed or feed ingredient derived solely from plant, animal or mined sources, either in its unprocessed state or having been subject to physical processing, heat processing, purification, rendering, extraction, hydrolysis, enzymolysis or fermentation, but not having been produced by or subject to a chemically synthetic process and not containing any additives or processing aids, which are chemically synthetic except in amounts as might occur in good manufacturing practices. Therefore, natural pet food generally refers to something that comes directly from nature, without any added chemicals or processing by humans.
Influencing Trend:
Premiumization of Natural Pet Food Products and Omni Channel Retailing
Market Growth Drivers:
Processed Pet Food Contains Synthetic Vitamins and Minerals, Which Can Be Harmful to an Animal’s Health, An Increase in Pet Ownership, Preference of Owners toward Buying Superior Products for Their Pets and Increase in the Standard Of Living and Disposable Income
Restraints:
A High Cost of the Natural Pet Foods
Opportunities:
Emerging Demand From Developed As Well As Developing Countries
The Natural Pet Foods market study is being classified by Type (Dry Food and Wet Food), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Natural Pet Foods market throughout the predicted period.
Blue Buffalo (United States), Beaphar (United Kingdom), Colgate-Palmolive Company (United States), Nestle (Switzerland), The J.M. Smucker Company (United States), Mars Petcare (United States), PetGuard (United States), WellPet LLC (United States), Harringtons (United Kingdom), Diamond Pet Foods (United States), Wellness Pet Food (United States), Jeffrey’s Natural Pet Foods (United States) and Pets 1st (Canada) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are PLATINUM GmbH & Co. KG (Germany), Darwin’s Pet Food (United States), Natural Dog Food Company (United Kingdom), Halo (United States) and Portland Pet Food Company (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Natural Pet Foods market by Type, Application and Region.
On the basis of geography, the market of Natural Pet Foods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In May 2021,Natural Pet Food Group (the “Company”), a New Zealand-based premium pet food company, and KKR, a leading global investment firm, today announced the completion of KKR’s acquisition of Natural Pet Food Group. The investment will be used to support the Company’s international growth and advance its mission to supply safe, sustainably sourced high-meat pet food from New Zealand to more customers and their pets.
In March 2018, General Mills, a natural pet food manufacturer acquired Blue Buffalo in 8 USD Million. This acquisition will escalate the market position of General Mills in Pet food products. The leading Natural food manufacturer and co-packer IPM Food is expanding into the wet pet food market with the launch of NaturPak Pet. The company will be increasing its volume by moving its operation from its current location in Beloit, WI, to a new 162,000-square-foot packaging facility opening in neighboring Janesville in mid-2019.
Pet food manufacturers must meet the regulatory definition of natural to market a pet food as natural. The definition of natural applies to both pet food ingredients and pet food products. However, regulatory agencies internationally disagree on the definition of natural. Consider, for example, differences that exist between the United States and European definitions of natural as it applies to pet food ingredients or products. In the United States, the regulatory definition of natural has been developed by the Association of American Feed Control Officials (AAFCO), a voluntary membership association of state feed officials charged with developing model regulations to be adopted by states to regulate animal feeds and animal drug remedies.
Key Target Audience
Natural Pet Food Manufacturer, Natural Pet Food Distributor, Natural Pet Food Supplier, Importer/Exporter, Pet Food Association, Government bodies and Others
Natural Pet Foods Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Analyst View
Research Says, "“There has been significant rise in pet ownership especially in developed countries as in the United States alone, over 85 million families own dog as per 2017-2018 data of American Pet Products Association (APPA). Rise in pet ownership is fuelled by the growing pet care spending owing to increasing disposable income. Also, inclination of the millennials towards pet adoption has been on the rise and they are willing to spend their time and money for pet care. According to estimates provided by American Society for the Prevention of Cruelty to Animals (ASPCA), annually adoption of over 3.2 million animals is done within the U.S. region. Considering the increasing number of pet owners globally, wet pet food market is expected witness significant growth”"
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Natural Pet Foods Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Natural Pet Foods industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.