Automatic and Smart Pet Feeder Market REPORT OVERVIEW
-
Request a Free Sample to learn more about this report
The global automatic and smart pet feeder market size was 1332.4 million in 2022. As per our research, the market is expected to reach USD 5109.6 million by 2028, exhibiting a CAGR of 25.1% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with automatic and smart pet feeder experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
An automatic and smart pet feeder is a technologically advanced device designed to automate the feeding process for pets. It allows pet owners to set schedules and portion sizes for feeding their pets, ensuring consistency and controlled diet management. These feeders often connect to Wi-Fi, enabling remote access through smartphone apps for monitoring and control.
They may include features like voice recordings, multiple meal options, and backup power sources. While convenient, it's important to introduce pets gradually to the feeder and continue spending quality time with them. When considering an automatic and smart pet feeder, it's important to choose a reliable and reputable brand that offers the features you need for your specific pet's requirements. It's also recommended to introduce your pet to the feeder gradually, so they become comfortable with the device and its feeding routine.
COVID-19 IMPACT: Increased Interest in Pet Ownership to Boost Demand Significantly
COVID-19 had a life changing impact globally. The automatic and smart pet feeder market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for automatic and smart pet feeder experienced an increased demand.
Supply chain disruptions, manufacturing challenges, and economic uncertainties brought about by the pandemic have affected the production and distribution of various products, including smart pet feeders. This has led to potential delays in manufacturing, shipping, and availability.
The pandemic has had both positive and negative impacts on the market for automatic and smart pet feeders. On one hand, the increased adoption of pets during lockdowns and stay-at-home orders has led to a greater demand for pet-related products, including automatic and smart pet feeders. With more people spending time at home, the convenience and peace of mind offered by these devices have become even more appealing. The market is anticipated to boost the automatic and smart pet feeder market share following the pandemic.
LATEST TRENDS
"Integration with Smart Home Ecosystems to Broaden Market Growth"
Smart pet feeders might become even more seamlessly integrated with smart home ecosystems, allowing for synchronization with other devices like pet cameras, health trackers, and voice assistants. This could enhance the overall pet care experience for owners. Future smart feeders could incorporate more advanced health monitoring features. This might include sensors that can assess a pet's eating patterns, detect changes in appetite, or even provide insights into dietary preferences and health conditions.
Artificial intelligence could play a role in analyzing pet behavior and feeding patterns to provide personalized recommendations. For instance, AI algorithms could suggest optimal feeding schedules or portion sizes based on a pet's age, breed, activity level, and health status. Future smart feeders could offer more interactive features, such as the ability for owners to dispense treats or engage in playful interactions with their pets remotely through the feeder. These latest developments are anticipated to boost the automatic and smart pet feeder market growth.
Automatic and Smart Pet Feeder Market SEGMENTATION
-
Request a Free Sample to learn more about this report
- By Type
Based on type, the market is divided into automatic smart feeder and smart pet feeder.
Automatic smart feeder holds a major share of the global market.
- By Application
Based on application, the market is bifurcated into dogs, cats, and others.
Dogs as application holds a major share of the global market.
DRIVING FACTORS
"Dietary Requirements to Boost Market Share"
Some pets have specific dietary needs, such as prescription diets or special feeding schedules. Smart feeders can be programmed to dispense specialized diets at specific times, catering to these requirements. Many pets struggle with weight management. Smart feeders allow pet owners to accurately measure and control portion sizes, which is essential for pets with weight-related health concerns.
"Monitoring & Interaction to Boost Market Size"
Smart feeders with integrated cameras or voice recording features enable pet owners to monitor their pets while feeding or interact with them remotely. This can strengthen the bond between pets and owners. The appeal of technology and the growing trend of smart home devices contribute to the interest in smart pet feeders. Pet owners often want to integrate these devices into their daily lives. These factors are anticipated to drive the automatic and smart pet feeder market share.
RESTRAINING FACTORS
"Power Dependency to Hamper Market Share"
Most smart feeders require a power source, and power outages can disrupt their functionality. Backup power options might be available, but they can add complexity and cost. While many people are comfortable with technology, others may find the setup and operation of smart feeders to be confusing or intimidating. Technological barriers can deter some potential users. There might be concerns about the reliability of the technology. If a smart feeder malfunctions or loses connectivity, pets might miss meals, which can be a significant concern for their health. The factors are anticipated to hinder the growth of the automatic and smart pet feeder market share.
Automatic and Smart Pet Feeder Market REGIONAL INSIGHTS
-
Request a Free Sample to learn more about this report
"North America Dominates the Automatic and Smart Pet Feeder Market "
North America is the major shareholder for the automatic and smart pet feeder market share. The region has relatively high rates of pet ownership. A larger pet-owning population translates to a potentially larger market for pet-related products, including smart pet feeders. They have relatively high rates of pet ownership. A larger pet-owning population translates to a potentially larger market for pet-related products, including smart pet feeders.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
List of Market Players Profiled
- Feed and Go [U.K.]
- Jempet [China]
- Petnet [U.S.]
- Radio Systems [U.S.]
- CleverPet [U.S.]
- Nibbles [France]
- PeTreaT [Hong Kong]
- Pets at Home [U.K.]
- POPPY [Sweden]
- RELENTY [Japan]
- RolliTron [China]
- Petwant [China]
REPORT COVERAGE
This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1332.4 Million in 2022 |
Market Size Value By |
US$ 5109.6 Million by 2028 |
Growth Rate |
CAGR of 25.1% from 2022 to 2028 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
What value is the automatic and smart pet feeder market expected to touch by 2028?
The global automatic and smart pet feeder market is expected to reach USD 5109.6 million by 2028.
-
What CAGR is the automatic and smart pet feeder market expected to exhibit by 2028?
The automatic and smart pet feeder market is expected to exhibit a CAGR of 25.1% by 2028.
-
Which are the driving factors of the automatic and smart pet feeder market?
Dietary Requirements and Monitoring & Interaction are drivers of this automatic and smart pet feeder market.
-
Which are the top companies operating in the automatic and smart pet feeder market?
Feed and Go, Jempet, Petnet, Radio Systems, CleverPet, Nibbles, PeTreaT, Pets at Home, POPPY, RELENTY, RolliTron, and Petwant are key companies operating in the automatic and smart pet feeder market.