How Will the Frozen And Freeze-Dried Pet Food Market Grow? Key Trends and Opportunities for 2025 and Beyond
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What key factors are powering the surge in the frozen and freeze-dried pet food market right now?
The frozen and freeze-dried pet food market has seen strong growth in recent years. It will grow from $95.68 billion in 2024 to $104.68 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the past period can be linked to a growing awareness of animal health, the increasing trend of pet ownership, a need for more nutrients, the popularity of frozen and freeze-dried pet foods, and a focus on the nutritional benefits of such products, including the use of a variety of meats in freeze-dried processing.
How fast Is the frozen and freeze-dried pet food market expected to grow, and what’s its future value?
The frozen and freeze-dried pet food market is expected to grow to $148.15 billion by 2029 at a CAGR of 9.1%. This growth is driven by the rising demand for small pets, increasing global consumer demand, the focus on pet health and immunity, the growth of nuclear families, and the rising number of pet owners. Major trends include the adoption of modern technologies, new product innovations, product approvals, and new cooking techniques for pet food.
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What are the leading drivers of growth in the frozen and freeze-dried pet food market?
The rise in pet ownership is predicted to drive the frozen and freeze-dried pet food market. Pet ownership, which involves taking care of animals for companionship or other purposes, is growing due to social trends, urbanization, and delayed parenthood among young adults. Frozen and freeze-dried pet foods offer nutritional, convenient, and health benefits, making pet care more manageable. In November 2022, Animal Medicines Australia reported a 24% increase in pet ownership, reaching 28,730.8 in 2022. This increase is driving demand for frozen and freeze-dried pet food products.
What are the key segments defining the frozen and freeze-dried pet food market?
The frozen and freeze-dried pet food market covered in this report is segmented –
1) By Product: Frozen Pet Food, Freeze-Dried Pet Food
2) By Source: Synthetic, Plant-Based, Animal-Based
3) By Pet Type: Dog, Cat, Fish, Other Pet Types
4) By Distribution Channel: Supermarkets Or Hypermarkets, Specialty Pet Stores, Online, Other Distribution Channels
Subsegments:
1) By Frozen Pet Food: Raw Frozen Pet Food, Cooked Frozen Pet Food, Frozen Pet Food In Pouches Or Trays, Frozen Pet Food In Bulk Packs
2) By Freeze-Dried Pet Food: Freeze-Dried Raw Pet Food, Freeze-Dried Cooked Pet Food, Freeze-Dried Treats, Freeze-Dried Meal Mixes
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Who are the key players steering the development of the frozen and freeze-dried pet food market?
Major companies operating in the frozen and freeze-dried pet food market are Mars Inc., Merrick Pet Care, Stella & Chewy’s LLC, WellPet, Ziwi Peak, Nature’s Variety, L Catterton, Primal Pet Foods Inc., Nutro Co., Bravo Pet Foods, Carnivore Meat Company LLC, Deuerer, Natura Pet Products Inc., NRG Dog Products, Canvasback Pet Supplies, Steve’s Real Food, Kelly & Company, Grandma Lucy’s, Harmony House, K9 Natural Ltd., Vital Essentials
What emerging trends are influencing the growth of the frozen and freeze-dried pet food market?
In the frozen and freeze-dried pet food market, companies are introducing premium cell-based pet nutrition products to cater to evolving consumer preferences. For example, in April 2023, CULT Food Science Corp. launched Noochies, a premium cell-based pet nutrition brand. The products include high-protein, cultured pet foods enriched with probiotics and animal-free ingredients, aiming to support pet health and wellness.
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Which regions are most influential in expanding the frozen and freeze-dried pet food market?
North America was the largest region in the frozen and freeze-dried pet food market in 2023. Asia-Pacific is expected to be the fastest growing region in the market. The regions covered in the frozen and freeze-dried pet food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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