According to a new market analysis by Future Market Insights (FMI), the global market for bird food is anticipated to reach US$ 2.1 billion in value in 2022. Market size is anticipated to reach US$ 3.0 Bn by 2032, growing at a 3.6% CAGR.
Leading manufacturers of bird food are focused on sustainability of the environment. Also, growing health consciousness among bird owners is expected to improve the sales of bird food globally.
Non-profit groups, such as the National Audubon Society, claimed record 2020 sales in its backyard bird feeder and wild-bird-food-licensing programmes, while several birding retailers reported 50 percent increases in demand. Many people who have started monitoring birds have done so by putting out a feeder.
Consumers are increasingly turning to e-commerce sites to buy bird food and supplies since they can provide a large variety of products at exceptional discounts and rates.
Furthermore, e-commerce websites may assist customers modify items based on their individual needs, even if the product is not accessible in a given country’s market. Leading e-commerce sites such as Walmart, Alibaba, and Amazon provide a diverse selection of items from across the world.
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Key Takeaways:
- Humanization of pets has raised consumer awareness, which has resulted in increasing expenditure on bird food.
- South America bird food market is expected to lead the global bird food market over the forecast period (2022-2032)
- Due to the growing trend of pet-parent culture in countries such as China, Japan, India, and Korea, the Asia Pacific market is predicted to rise at a faster rate.
- Bird feeding activity is gaining popularity in developed regions such as North America and Europe.
Who is winning?
Major players present in the bird food market are Wild Birds Unlimited Inc., Bulldog Products, Des Moins Feed Co. Inc, Kaytee Products Inc., GLOBAL HARVEST FOODS LLC., Pennington Seed Inc., Mars Inc., Nestle SA, Hills’s Pet Nutrition, Uni-Charm Corp, Nutriara Alimentos Ltda, Invivo NSA, Deuerer, Merrick Pet Care among others.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global bird food market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the bird food market based on by types (Seed, Feed, Treats, Suet, Others) by price range (low, medium, and premium), by bird type (wild birds, caged birds, etc), by sales channel (wholesalers/distributors, hypermarkets/supermarket, specialty stores/pet stores convenience stores, online retailers, other retail formats) & Region
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
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