Frozen and Freeze Dried Pet Food Market to grow by USD 2.47 billion from 2022 to 2027- Technavio
NEW YORK, Oct. 30, 2023 /PRNewswire/ -- The frozen and freeze dried pet food market is expected to grow by USD 2.47 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 11.25% during the forecast period. Increasing pet health awareness is notably driving the frozen and freeze dried pet food market. However, factors such as problems in the cooling chain might result in health issues that may impede market growth. The market is segmented by distribution channels (offline and online), animal type (dog, cat, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Key Segment Analysis
- The market share growth by the offline segment will be significant during the forecast period. Food, department stores, retail outlets, and specialized animal care shops are also part of the offline channel. Offline stores are frequent places to buy fresh meat, fresh fruit, dairy products, delicatessens, baked goods, and other items. Moreover, customers can obtain information on the product before purchase from offline shops staffed by experts. The presence of individual brands in one place also enables buyers to compare and inspect their products on a physical level.
To know additional highlights and key points on various market segments and their impact in coming years, View the PDF Sample Report.
Geographical Market Analysis
- North America is estimated to contribute 38% to the growth of the global market during the forecast period. In countries like the US, Canada, and Mexico there is an increasing interest in pet ownership that affects markets in the region. Pet owners in countries, such as the US, are familiar with and closely monitor the quality and source of ingredients used for frozen freeze-dried, and dehydrated pet food. In addition, due to their industrial capacity to process and produce, in comparison with the rest of the region, the US and Canada make up the major markets for these products.
Company Insights
The frozen and freeze dried pet food market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including Bravo LLC, BrightPet Nutrition Group LLC, CanvasbackPets, Carnivora, Carnivore Meat Co. LLC, Champion Petfoods LP, Doggie Dabbas Pvt Ltd., Fresh Is Best, Grandma Lucys LLC, MiracleCorp Products, Natural Pet Food Group, Natures Diet, Natures Menu Ltd., Northwest Naturals Raw Pet Food, NRG Plus Ltd., Primal Pet Foods Inc., RAWZ Natural Pet Food, Stella and Chewys LLC, Steves Real Food, and Wisconsin Freeze Dried
View the PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
Related Reports:
The pet food market size is estimated to grow at a CAGR of 5.71% between 2022 and 2027. The market size is forecast to increase by USD 35.75 billion.
The wet pet food market is estimated to grow at a CAGR of 6.61% between 2022 and 2027. The size of the market is forecasted to increase by USD 9,735.38 million.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Distribution Channel
Market Segmentation by Animal Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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