Global Cat Food Market Size, Drivers, Trends, Opportunities And Strategies
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The growing number of cat owners is likely to spur innovation in cat food manufacturing, propelling the market throughout the forecast period.
The global cat food market is expected to grow from $20.52 billion in 2022 to $21.97 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The global cat food market size is expected to reach $26.31 billion in 2027 at a CAGR of 4.6%.
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Global Cat Food Market Segments Include:
- By Food Type: Dry Food, Wet Food, Treats And Snacks, Other Food Types
- By Source: Animal-Derived, Plant-Derived, Insect-Derived
- By Nature: Organic, Monoprotein, Conventional
- By Pricing Type: Economy, Premium, Super-Premium
- By Sales Channel: Supermarkets And Hypermarkets, Specialized Pet Shops, Online Sales Channel, Other Sales Channels
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global cat food market in 2021.
Major Market Players in the cat food market include Mars Incorporated, Nestle Purina Pet Care Company, The J.M. Smucker Company, Evanger’s Dog & Cat Food Company Inc., Hill’s Pet Nutrition Inc., Affinity Petcare SA, Nutro Products Inc.
Product innovations are a crucial trend that is gaining traction in the cat food business. Major players in the cat food market are focusing on finding new solutions to increase their market position. For example, ORIJEN, a pet food manufacturer based in the United States, will offer ORIJEN GUARDIAN 8 cat food in Canada in March 2022. ORIJEN GUARDIAN 8 is a new adult cat chow that is made with such high-quality components that it just requires a few supplements to help fill out a cat’s diet and long-term health. The first five ingredients in ORIJEN GUARDIAN 8 are fresh or raw poultry and fish, which provide biologically suitable nutrition for adult cats while also satisfying their taste buds. To mirror what a cat’s ancestors eaten in the wild, the original WholePrey diet includes the most succulent components of the prey.
The Cat Food Global Market Report 2023 provides a cat food market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cat food market forecast analyzes cat food market size, cat food market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Cat food is a daily food for cats that is often made of processed grain and meat or canned fish or pork. It promotes good health, clear vision, and a powerful reproductive system.
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