Direct-to-Consumer (DTC) Pet Food Market to Reach Over USD 16.46 Billion by 2031 – Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. has announced the release of a market analysis report on “Global Direct to Consumer (DTC) Pet Food Market Size, Share & Trends Analysis Report By Type (Meal [Standard, Customized]Treats, Supplements), Pet Type (Dogs, Cats), Health Conditions (Nutrition, Digestive Health, Heart Health, Allergies, Dental Health, Skin Problems, Stress, Joint Health), Distribution Channel (Online, Offline)- Market Outlook And Industry Analysis 2031”
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The global direct-to-consumer (DTC) pet food market is expected to grow at a compound annual growth rate (CAGR) of 27.4% around the forecast period, reaching nearly $16.46 billion. This development is expected to be driven by several factors, including increasing numbers of pets, rising pet food costs, growing pet populations, concerns about zoonotic diseases, and growing demand for in premium pet food products.
Additionally, the rise of pet DTC brands and startups, along with a consumer preference for online shopping, is driving the market forward. The growth of e-commerce has further facilitated the expansion of the direct-to-consumer pet food industry, fueled by the humanization of pets, the growing demand for nutrient-dense pet food, and consumers’ willingness to spend more on upscale pet items.
Furthermore, the pet food sector is expected to witness significant growth, especially due to the use of . Notably, increasing demand for DTC pet foods, fueled by growing demand for e-commerce in the pet food industry and subscription-based purchasing, is driving the D2C pet food market. The market is also heavily influenced by the COVID-19 pandemic, with pet owners showing increased preference for online pet food retailers, which is expected to further drive market expansion in the coming years.
List of Prominent Players in the Direct-to-Consumer (DTC) Pet Food Market:
• Jinx, Inc. (USA)
• JustFoodForDogs, LLC (US)
• Ollie Pets Inc. (USA)
• Farmina Pet Foods Holding BV (Netherlands)
• NomNomNow, Inc. (Philippines).
• Nestlé SA (Switzerland)
• General Mills, Inc. (USA)
• Mars, Incorporated (US)
• Diamond Pet Foods, Inc.
• Simmons Pet Food, Inc. (USA)
• Hill’s Pet Nutrition, Inc.
• Heristo Aktiengesellschaft (Germany)
• The JM Smucker Company (US)
• WellPet, LLC (US)
• The Farmers Dog, Inc. (USA)
Market Dynamics:
drivers-
Increasing demand for premium pet food products is likely to drive the direct-to-consumer pet food market. The direct-to-consumer pet food market is divided into three categories: meals, treats, and supplements. During the forecast period of 2021-2028, the food category segment is expected to develop at the fastest rate. The rapid rise of this segment may be due to greater awareness of pet health, higher spending on premium foods, and increasing demand for customized foods.
Challenges:
Stringent regulations governing pet food products, especially in Western economies, are expected to restrain the expansion of the global direct-to-consumer pet food market throughout the forecast period. In industrialized countries, pet food is rigorously tested and evaluated at every level, from ingredients to product sales, which is expected to be a major challenge for market growth in the coming years.
Regional Trends:
The position of the North America Direct to Consumer (DTC) Pet Food Market will dominate the market in 2022. The large market share of this region can be attributed to the increasing number of millennial pet owners, the presence a diverse selection of customized pet food, the growing emphasis on pet health and diets, and the presence of major D2C companies in this region.
The Asia Pacific Direct to Consumer pet food market is expected to increase, especially in the coming years. As more people move to cities and metropolitan areas, the desire for pets as companions grows, driving the pet business in the region forward. Major market players are increasing their efforts to increase their market reach and enhance their position ahead of their competitors to capitalize on this growth potential.
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Recent Developments:
• In October 2022, Wild Earth, a sustainable pet food manufacturer, announced the development of a cell-based meat broth topping for dogs, which will be available to consumers in 2023. The chicken broth is made in facilities of Wild Earth in Berkeley, CA , using the company’s patented technology. It joins the company’s existing line of high-protein dog food and treats.
Segmentation of the Direct-to-Consumer (DTC) Pet Food Market-
By Type –
• Food
Common Food (Dry and Wet)
Customized Food (Dry and Wet)
• Treat
Standard Treatment
Chewing Teeth
Standard Chews
• Supplements
By Pet Type –
• Dogs
• Cats
• Other Pets
According to Health Condition-
• Nutrition
• Digestive Health
• Heart health
• Allergies
• Dental health
• Skin Problems
• Stress
• Joint Health
• Other Health Conditions
Through the Distribution Channel
• Online
• Offline
By Region-
North America-
• The United States
• Canada
• Mexico
europe-
• Germany
• The UK
• France
• Italy
• Spain
• Other parts of Europe
Asia-Pacific-
• China
• Afternoon
• India
• South Korea
• South East Asia
• Other parts of Asia Pacific
Latin America-
• Brazil
• Argentina
• Other parts of Latin America
Middle East and Africa-
• GCC Countries
• South Africa
• Other parts of the Middle East and Africa
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