Global Fresh Pet Food Market

Fresh Pet Food Market Size, Share, Growth Analysis, By Pet type(Dogs, Cats, Others), By Product Type(Fresh Wet Pet Food, Fresh Dry Pet Food, Fresh Semi-Moist Pet Food), By Ingredients(Animal-Based Proteins, Plant-Based Proteins (Carrots, Beet, Sweet Potato), By Sales Channel(Online Channel, Offline Channel (Supermarkets & hypermarkets, Convenience stores)), By Region - Industry Forecast 2025-2032

Report ID: SQMIG30I2381 | Region: Global | Published Date: July, 2024
Pages: 198 | Tables: 146 | Figures: 72

Fresh Pet Food Market News

  • In January 2022, Manna Pro acquired Oxbow Animal Health. It is a small animal pet company. Moreover, it delivers quality food and nutrition to rabbits, pigs, hamsters, and other pets.
  • In August 2023, HelloFresh introduced The Pets Table, a new luxury pet food brand. The subscription-based business, created with veterinarians, offers human-grade, fresh, and air-dried meals suited to each dog's caloric needs at a reasonable cost.
  • In September 2023, Superlatus, Inc., a large food distribution and technology company, merged with TRxADE HEALTH, Inc., announcing its foray into the pet food industry with plant-based or vegan pet treats.
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Fresh Pet Food Market size was valued at USD 11.9 Billion in 2023 and is poised to grow from USD 13.09 Billion in 2024 to USD 28.05 Billion by 2032, growing at a CAGR of 10% during the forecast period (2025-2032).

The competitive scenario in this market is moderately consolidated, with multinational corporations fighting to accommodate strong demand from large clients and end-users. In the future, prominent industry participants are expected to adopt new marketing tactics and employ current technology to expand their consumer base and generate more money. Furthermore, organizations' strategic plans include expansion, mergers, and acquisitions. 'WellPet LLC', 'Freshpet, Inc.', 'Mars Petcare Inc.', 'Big Heart Pet Brands', 'Merrick Pet Care', 'Nutro Products, Inc.', 'Instinct Pet Food', 'Ziwi Peak', 'Bil-Jac Foods, Inc.', 'Nestle Purina Petcare', 'Colgate-Palmolive Company', 'LUPUS Alimentos', 'Total Alimentos', 'Ollie', 'PetPlate'

The main global market participants are working on developing a diverse range of pet food products to fulfill the needs of various types of animals of differing ages. This is expected to boost the global market. The number of products dispatched is growing. Market merchants are attempting to entice more clients by presenting new varieties of new pet food types. New product releases assist businesses grow product sales and market share.

The expansion of new pet food stores will propel the global fresh pet food market forward. Fresh pet food varieties are gaining popularity around the world due to their reduced handling requirements, lack of additives, and increased medical benefits. The rising demand for new pet food varieties in the country has encouraged market vendors to increase manufacturing and delivery capacity. The novel components and the limited amount of handling are gaining appeal among pet owners. To boost sales, fresh pet food stores and dealers are promoting novel techniques.

North America now has the greatest share of the worldwide market, and the region is predicted to maintain its lead during the projection period. One of the main reasons for the district's success is the widespread acceptance of pets in American homes. According to a study done by the American Pet Products Association (APPA), over 85 million American families, or approximately 67% of all families in the US, own a pet. The positive attitude of North American customers toward pet refinement, as well as its widespread acceptance, is driving the market development of healthy pet food products.

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Global Fresh Pet Food Market

Report ID: SQMIG30I2381

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