The global frozen pet food market value is estimated to expand at a CAGR of 5.2% over the assessment period. In 2024, the market is expected to generate a revenue worth US$ 15,351.24 million. By 2034 end, the market size is forecast to expand to US$ 25,595.4 million.
The frozen pet food market is undergoing a surge in growth, driven by a growing demand from pet owners who prioritize high-quality and convenient options for their beloved companions. This niche segment within the pet food industry is gaining momentum, offering an array of benefits such as extended shelf life, nutrient preservation, and minimal additives.
Frozen Pet Food Unleashes a Healthy Revolution:
Pet owners are increasingly turning to frozen pet food products, recognizing the advantages they bring to their furry friends. The frozen format ensures an extended shelf life while retaining essential nutrients. Unlike traditional pet foods, frozen options boast a healthier profile, free from additives and excessive processing.
Key Benefits of Frozen Pet Food:
- Extended Freshness: Frozen pet food products remain fresh for a longer duration, ensuring pet owners can conveniently stock up on nutritious options.
- Nutrient Preservation: The freezing process helps retain vital nutrients in pet food, contributing to the overall well-being of pets.
- Minimal Additives: Unlike some traditional pet foods, frozen options often feature minimal additives, aligning with the growing consumer preference for clean and natural pet nutrition.
The Rise of Health-Conscious Pet Parents:
Pet owners’ concerns about the nutrition and health of their furry companions are steering a global trend towards high-protein pet food and fresh recipes. This shift in consumer behavior is propelling new developments in the raw, fresh, and frozen pet food market. The emphasis on providing pets with the best nutrition for an active, healthy, and happy life is driving the popularity of high-quality pet food options.
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Millennials Driving Innovation:
With a willingness to explore new diets and recipes for their pets, pet parents, especially millennials, are reshaping the frozen pet food landscape. The industry is witnessing a wave of experimentation and innovation from leading players, responding to the evolving preferences of pet owners. This trend towards diverse and innovative offerings is creating a dynamic market for frozen pet food.
Key Takeaways:
- Based on pet type, sales of frozen pet food for dogs are anticipated to account for over 50% of the total market share.
- In terms of nature, demand for organic frozen pet food is expected to gain traction at a considerable pace over the assessment period.
- Animal derived frozen pet food is expected to hold a market share of over 40% in the forecast period.
- Sales in the U.S. frozen pet food market are expected to rise at a 3.20% CAGR through 2034.
- India will account for 35.6% of the South Asia frozen pet food market share over the forecast period.
- Demand for frozen pet food in Germany is expected to increase at a 2.3% CAGR over the assessment period.
“Growing preference for clean-label frozen pet food, along with high demand for different flavors and textures is expected to create opportunities for growth for frozen pet food manufacturers in the forthcoming years,” Nandini Roy Choudhury, Client Partner at Future Market Insights
Competitive Landscape
Due to the existence of various regional and international firms offering a wide range of frozen pet food items, the global frozen food industry is extremely competitive. Key players control a large portion of the market, and they are pursuing strategies such as product innovations, strengthening their hold on offline and online marketing, partnerships, mergers, and acquisitions to increase their visibility and portfolio of offerings, thereby accelerating market growth.
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Frozen Pet Food Market by Category
By Pet Type:
- Cat
- Kitten
- Senior
- Dog
- Puppy
- Adult
- Senior
- Others
By Nature:
- Organic
- Conventional
By Source:
- Animal Derived
- Plant Derived
- Insect Derived
By Sales Channel:
- Offline Sales Channel
- Supermarkets/Hypermarkets
- Pet Stores
- Convenience Store
- Other Sales Channel
- Online Sales Channel
- Company Website
- E-commerce Platform
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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