Organic Pet Food Market Report Overview
-
Request a Free Sample to learn more about this report
The global organic pet food market size was USD 14.41774 billion in 2021. As per our research, the market is expected to reach USD 46.88 billion by 2031, exhibiting a CAGR of 12.44% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with organic pet food 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 once the pandemic is over.
Pesticides, growth hormones, synthetic fertilizers, antibiotics, by-products, and bioengineering are not used in the production of organic food, which only uses certified organic ingredients. Organic pet food is prepared with only natural ingredients and is free of pesticides and herbicides. Pets can maintain a healthy lifestyle with the aid of organic food. The development of the global organic food industry is primarily attributed to rising disposable income in developing nations and rising consumer awareness of the advantages of organic foods. To meet the needs of various types of pets, producers are also concentrating on introducing new goods in creative packaging.
A healthier lifestyle, fewer diagnostic disorders, a healthy weight, and a decline in illnesses and allergies in companion animals are just a few of the major advantages of organic food. Kibble is another name for dry food, which is made of cereal grains. These organic foods are the most affordable choice for general consumers because they contain high levels of carbohydrates. A type of organic food known as organic wet food is offered as a canned or packaged good. All-natural ingredients are used to make this kind of food, which is free of preservatives, artificial flavors, colors, and sweeteners.
COVID-19 Impact: Industry Shutdown Causes Market Distortion
The COVID-19 epidemic caused problems for food & beverages companies like volatile markets, a drop in customer confidence, and difficulties with import and export transactions. Markets were shut down and people stayed at home due to the lockdown. However, this sudden demand disrupted the entire market because the necessary materials were not readily available. In addition to having an immediate influence on markets, supply chains, supply and demand, and all of these other things, it also had a financial impact on the markets for food. Food and beverages manufacturers are concentrating on safeguarding their personnel, business processes, and supply chains to deal with this severe scenario. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall industry. This has partially impacted the organic pet food industry.
LATEST TRENDS
"Use of Social Media to Boost the Market Growth"
The main trend driving the market is the rise in social media usage. Pet owners frequently use social media in their daily lives, and many of them use it to research products before buying them for their pets. Customers who shop online use a variety of search engines like Google, Amazon, YouTube, and others in addition to asking friends and social media influencers for recommendations. This boosts market growth overall. In light of this, social media is evolving into a crucial tool for online pet food companies for a variety of reasons, including the ability to instantly inform customers about the most recent information from their business. Over the past few years, internet sales of organic food have significantly accelerated this trend. Social media has contributed to the increase in for a variety of reasons, social media has boosted sales of organic foods. Adding a blog page is crucial for boosting traffic and enhancing user interaction with an online pet food marketplace. The industry is anticipated to grow during the forecast period thanks to this trend. Thus, it is anticipated that the increasing use of social media will increase overall market sales. These new developments and varieties in product are mostly to blame for the market's overall growth.
Organic Pet Food Market Segmentation
-
Request a Free Sample to learn more about this report
- By Types
Based on type, the market is classified into Wet Organic Pet Food & Dry Organic Pet Food.
- By Application
Based on the market is categorized into Dog, Cat, Bird, Fish & Other.
DRIVING FACTORS
"Rising Pet Ownership that Gives the Market Extra Boost"
The rising rate of pet ownership around the world, especially in developing countries, is the main factor boosting the market and is anticipated to be one of its key drivers. Rising urbanization and the humanization of pets are encouraging pet owners to choose wholesome and high-quality food for their animals, which is further accelerating the market's growth rate. Consumers' rising per capita incomes are encouraging them to spend money on organic and healthy pet food products to improve the health of their pets. Additionally, the simple accessibility of goods in a variety of price ranges is aiding the global market's expansion. They provide customers with a variety of options and financial statuses. As a result, the growth, and the Increasing rate of pet ownership will boost the market. It will contribute to the expansion of the food and beverages industry and it will improve the overall organic pet food market growth.
"Dog Pet Food to Encourage Market Expansion"
Dot pet food is another important element driving the market. Organic pet food is advantageous for both pet owners and their animals. Following is some of the key advantages of organic dog food that are driving the market: Disease prevention: Organic dog foods are full of vitamins, minerals, and antioxidants that keep dogs healthy and disease-free. Additionally, it boosts the dog's immune system, making it less vulnerable to infections and other illnesses. This factor is increasing market sales overall. Reduces allergies: It has been discovered that dogs who eat organic food are less likely to develop skin allergies and other sensitive conditions. Organic foods reduce inflammation and improve the health of the dog's skin because they don't contain harmful chemicals and pesticides. smoothest and makes coats shiny: A glossy, healthy coat is more appealing than a dull, dry one. Because they are kept hydrated for extended periods of time, fatty acids and other nutrients found in organic food make the coats shinier and smoother. Over the course of the forecast period, the aforementioned factors are anticipated to affect sales of the industry. This will increase demand for the product and help the industry as a whole to expand. The product line expansion is helping the market to grow.
RESTRAINING FACTORS
"High Cost of Product to Impede Market Expansion"
The primary factor limiting market expansion is the high cost of organic food. Pet food that is organic is typically more expensive than pet food that is conventional; high-quality non-organic food is frequently more than twice as expensive. The growth of the global market is being hampered by the high cost of organic food as well as pet owners' ignorance of organic food. Therefore, during the forecast period, these factors are anticipated to restrain market growth. But as time goes on, this issue will be resolved in some way. If this problem is fixed, the market will start to grow right away.
Organic Pet Food Market Regional Insights
-
Request a Free Sample to learn more about this report
"North America Dominating the Market Across the Globe"
The market for organic pet food industry in North America has benefited from the region's expanding industrial development and a number of driving factors that have boosted the potential sectors because this region is the product's primary user. The rising product use by dog, cat, fish, bird and other animals is boosting the organic pet food market share. Trends toward rapid urbanization will support the market as a whole even more.
KEY INDUSTRY PLAYERS
"Leading Manufacturers to Boost Product Demand"
Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.
List of Market Players Profiled
- Nestle (U.S.)
- Lily's Kitchen (U.K.)
- Organic Pet Boutique (U.S.)
- Newman's Own (U.S.)
- Party Animal Inc (U.S.)
REPORT COVERAGE
The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including current and potential market leaders. A sizable market expansion is anticipated as a result of a number of important factors. The research also examines factors that may increase the organic pet food share in order to provide market insights. The report makes forecasts for market expansion over the anticipated time period. The objective of the regional research is to explain why one region dominates the global market. A number of properly taken into account factors prevent the industry from growing. The research also includes a strategic analysis of the market. It includes thorough market information.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 14.41774 Billion in 2021 |
Market Size Value By |
US$ 46.88 Billion by 2031 |
Growth Rate |
CAGR of 12.44% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
-
What value is the organic pet food market expected to touch by 2031?
Based on our research, the organic pet food market is projected to touch USD 46.88 billion by 2031.
-
What CAGR is the organic pet food market expected to exhibit by 2031?
The organic pet food market is expected to exhibit a CAGR of 12.44% by 2031.
-
Which are the driving factors of the organic pet food market?
Rising pet ownership that gives the organic pet food market extra boost & dog pet food to encourage market expansion.
-
What is the restraining factor of the organic pet food market?
High cost of product to impede organic pet food market expansion.