2014 – 2024
GLOBAL PET FOOD MARKET
FORECAST & OPPORTUNITIES
www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
Scope of Report
Application of Interest (POI): Pet Food
Global pet food market is projected to continue witnessing growth over the next five years and is
estimated to reach $ 98 billion by 2024 owing to the increasing number of pet owners across the
globe. Increasing pet ownerships among households backed by rising purchasing power are the
major drivers for pet food, globally. Pet population is increasing across the globe, whereas the death
rate of pets is declining on account of robust development in medical science along with growing
focus towards the welfare of pets. Future predictions show that the overall pet population will soar
marginally over the next five years, indicating a longer term stabilization in pet population.
Market Segmentation
PET TYPE
PET FOOD MARKET
•
Dog
•
Cat
•
Others
Year
Range
Review Period
2014 – 2017
POINT OF SALE
•
Store-based Retail
•
Non-Store-based Retail
Base Year
REGION
•
North America
•
Europe
•
Asia-Pacific
•
South America
•
Middle East & Africa
2018
Estimated Year
2019
Forecast Period
2020 – 2024
2
Table of Contents
S. No.
Contents
1.
Product Overview
2.
Research Methodology
3.
Executive Summary
4.
Global Pet Food Market Outlook
4.1.
Market Size & Forecast
4.1.1.
4.2.
5.
Page No.
By Value
Market Share & Forecast
4.2.1.
By Pet Type (Dog, Cat & Others)
4.2.2.
By Point of Sale (Store Based Vs Non-Store Based)
4.2.3.
By Company
4.2.4.
By Region
Asia-Pacific Pet Food Market Outlook
5.1.
Market Size & Forecast
5.1.1.
5.2.
By Value
Market Share & Forecast
5.2.1.
By Pet Type
5.2.2.
By Point of Sale
3
Table of Contents
S. No.
Contents
5.2.3.
5.3.
Page No.
By Country
Asia Pacific: Country Analysis
5.3.1.
Japan Pet Food Market Outlook
5.3.1.1.
Market Size & Forecast
5.3.1.1.1.
5.3.1.2.
Market Share & Forecast
5.3.1.2.1.
5.3.1.2.2.
5.3.2.
By Pet Type
By Point of Sale
China Pet Food Market Outlook
5.3.2.1.
Market Size & Forecast
5.3.2.1.1.
5.3.2.2.
5.3.3.
By Value
By Value
Market Share & Forecast
5.3.2.2.1.
By Pet Type
5.3.2.2.2.
By Point of Sale
Australia Pet Food Market Outlook
5.3.3.1.
Market Size & Forecast
5.3.3.1.1.
By Value
4
Table of Contents
S. No.
Contents
5.3.3.2.
5.3.4.
Market Share & Forecast
5.3.3.2.1.
By Pet Type
5.3.3.2.2.
By Point of Sale
South Korea Pet Food Market Outlook
5.3.4.1.
Market Size & Forecast
5.3.4.1.1.
5.3.4.2.
5.3.5.
By Value
Market Share & Forecast
5.3.4.2.1.
By Pet Type
5.3.4.2.2.
By Point of Sale
India Pet Food Market Outlook
5.3.5.1.
Market Size & Forecast
5.3.5.1.1.
5.3.5.2.
6.
Page No.
By Value
Market Share & Forecast
5.3.5.2.1.
By Pet Type
5.3.5.2.2.
By Point of Sale
Europe Pet Food Market Outlook
6.1.
Market Size & Forecast
6.1.1.
6.2.
By Value
Market Share & Forecast
5
Table of Contents
S. No.
Contents
6.3.
6.2.1.
By Pet Type
6.2.2.
By Point of Sale
6.2.3.
By Country
Page No.
Europe : Country Analysis
6.3.1.
United Kingdom Pet Food Market Outlook
6.3.1.1.
Market Size & Forecast
6.3.1.1.1.
6.3.1.2.
6.3.2.
Market Share & Forecast
6.3.1.2.1.
By Pet Type
6.3.1.2.2.
By Point of Sale
Germany Pet Food Market Outlook
6.3.2.1.
Market Size & Forecast
6.3.2.1.1.
6.3.2.2.
6.3.3.
By Value
By Value
Market Share & Forecast
6.3.2.2.1.
By Pet Type
6.3.2.2.2.
By Point of Sale
France Pet Food Market Outlook
6.3.3.1.
Market Size & Forecast
6
Table of Contents
S. No.
Contents
6.3.3.1.1.
6.3.3.2.
6.3.4.
Market Share & Forecast
6.3.3.2.1.
By Pet Type
6.3.3.2.2.
By Point of Sale
Market Size & Forecast
6.3.4.1.1.
6.3.4.2.
By Value
Market Share & Forecast
6.3.4.2.1.
By Pet Type
6.3.4.2.2.
By Point of Sale
Spain Pet Food Market Outlook
6.3.5.1.
Market Size & Forecast
6.3.5.1.1.
6.3.5.2.
7.
By Value
Italy Pet Food Market Outlook
6.3.4.1.
6.3.5.
Page No.
By Value
Market Share & Forecast
6.3.5.2.1.
By Pet Type
6.3.5.2.2.
By Point of Sale
North America Pet Food Market Outlook
7.1.
Market Size & Forecast
7.1.1.
By Value
7
Table of Contents
S. No.
Contents
7.2.
7.3.
Page No.
Market Share & Forecast
7.2.1.
By Pet Type
7.2.2.
By Point of Sale
7.2.3.
By Country
North America: Country Analysis
7.3.1.
United States Pet Food Market Outlook
7.3.1.1.
Market Size & Forecast
7.3.1.1.1.
7.3.1.2.
7.3.2.
Market Share & Forecast
7.3.1.2.1.
By Pet Type
7.3.1.2.2.
By Point of Sale
Canada Pet Food Market Outlook
7.3.2.1.
Market Size & Forecast
7.3.2.1.1.
7.3.2.2.
7.3.3.
By Value
By Value
Market Share & Forecast
7.3.2.2.1.
By Pet Type
7.3.2.2.2.
By Point of Sale
Mexico Pet Food Market Outlook
8
Table of Contents
S. No.
Contents
7.3.3.1.
Market Size & Forecast
7.3.3.1.1.
7.3.3.2.
8.
Page No.
By Value
Market Share & Forecast
7.3.3.2.1.
By Pet Type
7.3.3.2.2.
By Point of Sale
Middle East & Africa Pet Food Market Outlook
8.1.
Market Size & Forecast
8.1.1.
8.2.
8.3.
By Value
Market Share & Forecast
8.2.1.
By Pet Type
8.2.2.
By Point of Sale
8.2.3.
By Country
Middle East & Africa: Country Analysis
8.3.1.
Saudi Arabia Pet Food Market Outlook
8.3.1.1.
Market Size & Forecast
8.3.1.1.1.
8.3.1.2.
By Value
Market Share & Forecast
8.3.1.2.1.
By Pet Type
9
Table of Contents
S. No.
Contents
8.3.1.2.2.
8.3.2.
Market Size & Forecast
8.3.2.1.1.
8.3.2.2.
By Value
Market Share & Forecast
8.3.2.2.1.
By Pet Type
8.3.2.2.2.
By Point of Sale
UAE Pet Food Market Outlook
8.3.3.1.
Market Size & Forecast
8.3.3.1.1.
8.3.3.2.
8.3.4.
By Point of Sale
South Africa Pet Food Market Outlook
8.3.2.1.
8.3.3.
Page No.
By Value
Market Share & Forecast
8.3.3.2.1.
By Pet Type
8.3.3.2.2.
By Point of Sale
Israel Pet Food Market Outlook
8.3.4.1.
Market Size & Forecast
8.3.4.1.1.
8.3.4.2.
By Value
Market Share & Forecast
8.3.4.2.1.
By Pet Type
8.3.4.2.2.
By Point of Sale
10
Table of Contents
S. No.
10.
Contents
Page No.
South America Pet Food Market Outlook
10.1.
Market Size & Forecast
10.1.1.
10.2.
10.3.
By Value
Market Share & Forecast
10.2.1.
By Pet Type
10.2.2.
By Point of Sale
10.2.3.
By Country
South America: Country Analysis
10.3.1.
Brazil Pet Food Market Outlook
10.3.1.1.
Market Size & Forecast
10.3.1.1.1.
10.3.1.2.
10.3.2.
By Value
Market Share & Forecast
10.3.1.2.1.
By Pet Type
10.3.1.2.2.
By Point of Sale
Argentina Pet Food Market Outlook
10.3.2.1.
Market Size & Forecast
10.3.2.1.1.
10.3.2.2.
By Value
Market Share & Forecast
11
Table of Contents
S. No.
Contents
Page No.
10.3.2.2.1. By Pet Type
10.3.2.2.2. By Point of Sale
10.3.3. Colombia Pet Food Market Outlook
10.3.3.1.
Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2.
Market Share & Forecast
10.3.3.2.1. By Pet Type
10.3.3.2.2. By Point of Sale
11.
Market Dynamics
11.1.
Drivers
11.2.
Challenges
12.
Market Trends & Developments
13.
Competitive Landscape
14.
Strategic Recommendations
15.
About Us & Distributor
12
RESEARCH METHODOLOGY
Research Methodology
Market
Profiling
In-depth secondary
research was conducted to
determine top players in
the global pet food market,
overall market size and
segmental market size.
Formulating
Questionnaire
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
Developing List
of Respondents
Data
Collection
Data
Validation
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
List of industry
players and industry
specialists was
developed.
Primary Research
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
LinkedIn
TechSci Internal
Database
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Final Conclusion
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Primary Research


Desk Research
Secondary
Research







Company Websites
Company Annual
Reports
White Paper Study
Financial Reports
Investor
Presentations
Regulatory Body
Associations, etc.
Data
Analysis
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the global pet food market.
Company Analysis
 Market Participants
 Key Strengths
Paid Sources


Factiva
Hoovers
14
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of global pet food market. The team has analyzed the outlook of various segments of this market,
while considering the major influencing factors such as increasing number of pet ownership and declining mortality rate of pets. The study includes market forecasting, which would
enable our clients to take better decisions while planning their strategy to achieve sustainability in this market.
Methodology Followed for Calculation of Market Size:
•
Market Size by Value: Market size, in terms of value, for the year 2018 was calculated based on information collected through exhaustive secondary research and primary surveys,
with various key opinion leaders/stakeholders, such as pet food manufacturer and supplier companies, channel partners, market influencers & end users, industry experts, and
other industry participants.
•
The team interviewed more than 15 – 20 pet food manufacturers, supplier and distributor companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 industry experts
and other value chain stakeholders in the global pet food market to obtain the overall market size from 2014 to 2018, which was validated by the Delphi technique. Taking
standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2014-2018.
15
Research Methodology
•
Respondents were asked about the current and future market growth rates, market shares by pet type, by point of sale, by region and by company. Removing the outlier responses,
the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares
generated across various segments were further triangulated from other stakeholders.
•
Methodology Followed for Calculation of Market Shares:
Market shares shares by pet type, by point of sale, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which
the respondents were asked about the market shares or revenue generated from various segments of pet food market. The final shares were calculated by taking the geometric mean of
the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
•
TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
•
Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global pet food market, TechSci Research used
various forecast techniques such as:

Moving Average

Time Series Analysis

Regression Analysis

Econometric and Judgmental Analysis
16
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short,
medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including
market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed
 Mars Inc
 Nestlé SA
Key Secondary Sources
 World Bank
 TechSci Research Proprietary Database & Knowledge
 Colgate-Palmolive Co
 JM Smucker Co
Repository
 The Spectrum Brands
 Company Annual Reports
 Sanofi
 Industry Magazines
 Bayer AG
 Industry Reports
 Vitakraft-Werke Wührmann
 Sohn GmbH & Co KG
 News Dailies
 Credible Paid Databases
17
INDUSTRY BRIEF
According to TechSci Research report, “Global Pet Food Market By Pet Type, By Point of Sale, By Region, Competition, Forecast
& Opportunities, 2024”, global pet food market is projected to reach $ 98 billion by 2024, on the back of increasing disposable
income. Moreover, concerns about the quality, safety and provenance of traditional pet food along with demand for natural and
organic pet products for rapidly increasing pet population would further steer growth in the market. Additionally, rising pet care
concern globally, surging demand for pet food, and increasing trend for online shopping on the back of rising number of internet
users, convenience offered by the shopping websites in terms of less delivery time, attractive discounts and schemes, and
various other benefits is further expected to propel global pet food market during forecast period.
Growing internet connectivity, new business models and rising digital media have provided many companies an opportunity to
promote their brands. The companies are also focusing on creating effective supply chain and engaging with online retail
platforms and institutions. With increasing sophistication and awareness among consumers regarding pet food, the demand for
pet food is likely to rise in the country over the coming years. In addition, exclusive retail pet stores are expanding in the global
market. Such stores are becoming increasingly popular among pet owners due to their one stop solution offerings for all pet
requirements, including food, accessories, services, etc. Some of these pet superstores also offer high-end pets products for the
consumers belonging to premium segment.
“Regionally, North America pet food market accounted for majority share in global pet food market in 2018. On the back of
increasing online marketing, augmenting focus towards vegetarian pet food products, surging product innovations, rising demand
for organic pet food and prepared pet food are few of the factors driving pet food market in the region. The diversification of the
consumer base and the growing importance of younger consumers is propelling the development of ethical consumerism in pet
care.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
18
SAMPLE DATA - SNAPSHOT
Global Pet Food Market, By Share, By Company, By Value, 2018
Global Pet Food Market Size, By Value, 2019E & 2024F (USD Million)
$XX
Million
2024F
$XX
XX% CAGR
Million
2019E
Company A
Company B
Company C
Company D
Others
Germany Pet Food Market Share, By Point of Sale, By Value, 2014–2024F
Store-based Retail
Store-based Retail
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
2014
2015
2016
2017
2018
2019E
2020F
2021F
2022F
2023F
2024F
Europe Pet Food Market Size, By Value (USD Million), 2014–2024F
5,00
2014
6,00
7,00
CAGR By Value
XX%
8,00
9,00
2018
10,00
2019E
11,00
12,00
13,00
CAGR By Value
14,00
15,00
2024F
YY%
19
REPORT ORDERING
Report Name: GLOBAL PET FOOD MARKET
FORECAST & OPPORTUNITIES
2014 – 2024
Report Price
License Type
Price
Electronic Access - Single User License
$4450
Electronic Access - Multi-User License
$5450
Custom Research License
$9450
To View Sample OR Purchase Report
20
About Us &
Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research
reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation
of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-bystate basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company
activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
Related Reports
Global Pet Food Ingredients Market, 2015 – 2025
India Egg Powder Market, 2015 – 2025
India Pet Food Market, 2015 – 2025
TechSci Research – North America
708 Third Avenue, Manhattan,
New York, United States
Tel: +1- 646- 360- 1656
Email: sales@techsciresearch.com
www.techsciresearch.com
TechSci Research – Europe
54, Old brook, Bretton,
Peterborough,
United Kingdom
Email: sales@techsciresearch.com
www.techsciresearch.com
TechSci Research – Asia-Pacific
B – 44, Sector – 57, Noida, National Capital
Region, U.P. - India
Tel: +91-120-4523900
Email: sales@techsciresearch.com
www.techsciresearch.com
Disclaimer
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers
reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or
omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this
report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative
market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
Partial List of Clients