The cat food market is witnessing steady growth, with sales expected to reach $60.9 billion by 2033, representing a CAGR of 3% from 2023 to 2033. This growth is primarily driven by the increasing number of cat owners worldwide and the trend of humanizing pets, leading to higher demand for premium and organic cat food products.
The government’s role influences the cat food industry in regulating the available cat food in the countries. Companies are investing more in cat food to meet the specific requirements of cats’ diets.
The demand for cat food is influenced by various factors, including the rising pet ownership among millennials and single-person households, the trend of humanizing pets, and the increasing awareness of organic and natural pet food products. As consumers prioritize the health and well-being of their pets, they are willing to invest in high-quality and nutritious cat food options.
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Key factors driving the growth of the cat food market include the increase in cat ownership, particularly among millennials and single-person households, and the trend of humanizing pets, which has led to the development of premium and organic cat food products. Additionally, the rise in online retail channels has made cat food more accessible to consumers, driving market expansion.
Cat food manufacturers are also shifting toward developing vegan cat food to end the ethical dilemma of vegetarians and the vegan population. Manufacturers are enhancing their production units and diversifying cat food to meet the emerging demands of pet owners.
The availability of cat food on e-commerce sites has led to consumers’ ability to buy foods without any physical barrier. Customers can compare and evaluate the prices and benefits of the products from the comfort of their homes before making a purchase.
Top Highlights from the FMI’s Analysis of the Cat Food Market:
- The United States cat food industry is projected to be more than 32% in 2023.
- In the year 2022, the German cat food industry gained a market value of 10%.
- The Japanese cat food industry is expected to gain more than 0.8% market share in the coming years.
- The United Kingdom cat food industry is projected to expand at 7.5% CAGR over the forecast period.
- The Chinese cat food industry is anticipated to expand at a CAGR of 6.7% over the forecast period.
- The India cat food industry is expected to register a CAGR of 4.5% in the next ten years.
- Based on nature, the conventional segment acquired a maximum market share of 75% in 2022.
- Based on the source, the animal-derived segment gained 68.60% market share in 2022.
- Under the product type category, the kibble/dry category formed 35% of the overall market.
- Based on pet type, the kitten segment gained a 35% market share in 2022.
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Market Watch: New Innovations in the Market
- Mars Petcare obtained NomNomNow Inc. in January 2022. The latter is a D2C fresh pet food brand headquartered in Tennessee, United States that sells fresh food, supplements, and cat treats. Mars Petcare integrated the brand into its Royal Canin division.
- Hill’s Pet Nutrition and Boulder-based company revealed in November 2021 an industry-first collaboration to create a substitute for one of Hill’s most popular meat proteins, especially to meet the cats’ dietary needs.
- Beaphar procured Pet Food UK, a super-premium pet food firm, in December 2021. The company’s key brands are ‘Meowing Heads’ and ‘Barking Heads’ for cats and dogs, respectively. This acquisition has invigorated the firm’s extant product line and distribution channel.
Key Players in the Market
- Evanger’s Dog & Cat Food Company, Inc.
- Mars Incorporated
- Purina
- Hill’s Pet Nutrition
- Affinity Petcare SA
- Nutro Products Inc.
- Dave’s Pet Food
- Boulder Dog Food Company
- Rollover Pet Food Ltd.
- Real Pet Food Company Pty Ltd
- Freshpet
- Burgess Group PLC
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Cat Food Industry by Category
By Nature:
- Organic
- Monoprotein
- Conventional
By Source:
- Animal Derived
- Fish
- Chicken
- Duck
- Beef
- Pork
- Venison/Game
- Lamb
- Turkey
- Plant Derived
- Insect Derived
- Crickets
- Mealworms
- Black soldier flies
By Product Type:
- Kibble/Dry
- Extruded
- Baked
- Coated
- Treats and Chews
- Pastes
- Cremes / Cream-Snacks
- Crunchy snacks
- Chew sticks
- Tablets
- Biscuits
- Cat Milk / Milk snacks
- Dehydrated Food
- Freeze-dried Food
- Freeze-dried Raw
- Wet Food
- Frozen
- Raw Food
- Powder
By Pet Type:
- Kitten
- Senior
By Packaging Type:
- Pouches
- Bags
- Folding cartons
- Tubs & Cups
- Can
- Bottles & jars
By Distribution Channel:
- Store-based Retailing
- Hypermarkets/Supermarkets
- Convenience Stores
- Mom and Pop Stores
- Pet Stores
- Discounters
- Independent Grocery Retailers
- Drugstores
- Other Retail Formats
- Online Retailers
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
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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