The high protein dog food market is expected to record a CAGR of 4.4% during the forecast period 2022-2032, up from US$ 115.50 Billion in the year 2022 to reach a valuation of US$ 163.70 Billion by 2032.
Broader culture narratives surrounding the concept of parenting are being heavily borrowed by the younger generation, as the number of pet parents without children is increasing around the world.
According to a 2013 study by Mintel, more than 91% pet parents in the United States of America consider their pets as a part of their family. A survey conducted by Wakefield Research on the ‘New petfood consumers: what US millennials are looking for’, in 2014, finds that more than half the millennial pet owners in the country are convinced that it is important to dine with their pets.
With the increasing number of less-traditional families around the world, a mounting number of pet parents, especially the younger ones, are developing a deeper relationship with their pets which has heightened the concerns about dog health and dog nutrition.
Evidently, the global demand for high protein dog food is on the rise, and it is mainly triggered by the growing awareness about the importance of including protein in their diets for their wholesome growth.
Download Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-10811
The rapid move to pet parenting worldwide will continue to have a paramount impact on the pet food industry, and eventually giving boost to the growth of the high protein dog food market.
Demand for Natural, Vegan, and Plant-based Protein in Dog Food will Surge
The number of consumers shifting to veganism is multiplying dramatically around the world, and the trend is no longer limited to human consumers.
Pet food industry is also witnessing a drastic rise in awareness about the potential harms of animal-based dog food and positive impacts of plant-based protein in dog food, which is giving rise to new trends in the dog food market.
A mounting number of dog parents are inclined towards giving plant-based nutrition to their pets and this is triggering the demand for meatless protein in dog food.
With more pet parents seeking high quality dog protein derived from plant or natural sourced, a mounting number of stakeholders in the high protein dog food market are introducing dog food formulas using proteins derived from potato, corn, legumes, soy, wheat, etc.
Growing demand for animal-free dog protein is also triggering heavy investments in biotechnological research & development in order to derive novel protein sources that can replicate similar proteins as their conventional meat counterparts.
Manufacturers are catering to the end users’ needs by inculcating sustainability and veganism in their brand strategies, and this will boost the trend of discovering innovative plant protein sources in the high protein dog food market, in the coming future.
High Protein Dog Food Market: Region-wise Analysis
Based on the geographical factors, the high protein dog food market is broadly segmented into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.
North America is emerging as a leading market for high quality dog food, accounting for nearly one-third revenue share of the global market.
Increasing awareness about the importance of including protein in dog food is significantly high in the region, and the demand for natural sources of protein in dog food is expected to remain high in the North American market for high protein dog food.
Growing inclination towards plant-based and vegan sources of protein in dog food will influence emerging trends in the regional market.
Leading players in the North America high protein dog food market are expected to invest heavily in research & development to introduce natural and plant-based alternatives that can nutritionally replicate their animal-based counterparts.
This is expected to drive local players’ attention towards biotechnology for the development of vegan high protein dog foods in the coming years.
On the other hand, the Asia Pacific region is also expected to exhibit positive growth prospects with the increasing demand for high quality dog food products in emerging economies in the region.
China, India, and Japan are expected to emerge as lucrative markets in the region, mainly attributed to the growing culture of pet parenting in these countries.
Ask to Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-10811
High Protein Dog Food Market: Competitive Landscape
• Diamond Naturals
•Crave
•Purina
•Wellness Complete Health
•Solid Gold
•Whole Earth Farms
•Nulo Freestyle
•Victor
•Nature’s Logic
•Taste of the Wild
•Canidae
•Avoderm Naturals
•Tim’s
•Instinct Raw Brand
•Ultra
•Diamond Naturals
•Orijen
•Nutro Ultra
•Eagle Pack
•Holistic Select.
Leading players in the high protein dog food market are innovating around the quality of protein and experimenting with animal-derived and plant-derived proteins. Innovations in the plant-based high protein dog food are expected to influence market players’ upcoming strategies in the coming future.
Enquire for customization in Report @ https://www.futuremarketinsights.com/customization-available/rep-gb-10811
High Protein Dog Food Market Segmentation
By Application
•Dental Care
•Digestive Care
•Bone & Joint Health
•Weight Management
•Immune Support
•Energy & Muscle Support
•Others
By Food Type
•Dry Food
•Wet Food
•Treats & Snacks
•Frozen Food
By Breed Size
•Small Breeds
•Medium Breeds
•Large Breeds
By Flavor Type
•Chicken
•Beef
•Lamb
•Turkey
•Fish
•Others
By Price Range
•Mass
•Premium
By Sales Channel
•Wholesalers/Distributors
•Modern Trade
•Convenience Stores
•Pharmacy/ Drug Stores
•Online Retailers
•Pet Specialty Stores
Frequently Asked Questions
•What is the Growth Outlook for the High Protein Dog Food Market?
•Who are the Key Players in the High Protein Dog Food Market?
•What is the Future of the High Protein Dog Food Market?
•Which is the Key Driver in the High Protein Dog Food Market?
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs