What is High Protein Dog Food Market Scope?
Dog meal which has high source of protein such as chicken, beef, fish, turkey, etc. is known as the high protein dog food. The growing culture of adoption of pets has led to increasing demand for pet specific food. Chicken accounts for largest market. This high protein dog food meals are also developed for certain specific requirements of dog such as digestive care, dental care, bone and joint health, etc. E-Commerce stores present huge opportunity for growth of high protein dog food market as the manufacturers are able to reach a wider audience along with marketing their products to those who are unaware of those products. Geographically, North America is the biggest market.
The High Protein Dog Food market study is being classified by Type (Dry Food, Wet Food, Treats and Snacks and Frozen Food), by Application (Dental Care, Digestive Care, Bone and Joint Health, Weight Management, Immune Support, Energy and Muscle Support and Others) 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 High Protein Dog Food market throughout the predicted period.
Diamond Pet Foods (United States), Wellness Pet Food (United States), Nutro Company, Inc. (United States), General Mills Inc. (United States), Tyson Foods, Inc. (United States), Health & Happiness Group International Holdings Ltd. (China), Nestlé Purina Petcare (United States), Victor Pet Food (United States), Nature's Logic (United States) and Royal Canin (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Royal Canin (United Kingdom), Kennel Kitchen (India) and JerHigh (Thailand).
Analyst at AMA have segmented the market study of Global High Protein Dog Food market by Type, Application and Region.
On the basis of geography, the market of High Protein Dog Food 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 2020, Health & Happiness Group International Holdings Ltd., which is a Honk Kong based nutrients and supplements manufacturer has announced completion of acquisition of Solid Gold Pet, LLC which is a pet food manufacturer. The acquisition was made in a deal worth USD 163 million. The acquisition was considered a strategic and complimentary to H&H’s health and supplement’s offerings as modern families consist of pets too.
In 2021, General Mills, Inc., US based multinational processed food manufacturer has announced plans to acquire pet food business of Tyson Food. The deal is expected to be worth around massive USD 1.2 billion. The acquisition is made because of growing role of pets in human life especially the growth witnessed by the sector during Pandemic has resulted in General Mills expanding in this sector.
Influencing Market Trend
- Treats and Snacks is the Fastest Growing Segment
- Increasing Adoption of Pets by People
- Rising Disposable Income
- E-Commerce Stores Present an Opportunity to Market and Reach out to Larger Unaware Audience
- Presence of Counterfeit and Adulterated Products
- Presence of Unprocessed Food Alternatives
Key Target AudienceHigh Protein Dog Food Producers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others
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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 include 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.
Frequently Asked Questions (FAQ):
1. At what growth rate would the High Protein Dog Food market expands?
The Global High Protein Dog Food market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global High Protein Dog Food market?
The prominent players of Global High Protein Dog Food market are Diamond Pet Foods (United States), Wellness Pet Food (United States), Nutro Company, Inc. (United States), General Mills Inc. (United States), Tyson Foods, Inc. (United States), Health & Happiness Group International Holdings Ltd. (China), Nestlé Purina Petcare (United States), Victor Pet Food (United States), Nature's Logic (United States) and Royal Canin (France), to name a few.
3. What are the top priorities to focus for High Protein Dog Food market’s growth?
In this highly competitive & fast evolving High Protein Dog Food industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.