Organic Pet Food Market Growth, Industry Analysis Report, Regional Outlook, 2017 – 2024
The Organic Pet Food Market size is predicted to grow at a significant CAGR during the forecast period. There are numerous factors leading to the emergence of organic pet products. Get more details @ https://goo.gl/5SYGVI
The Organic Pet Food Market size is predicted to grow at a significant CAGR during the forecast period. There are numerous factors leading to the emergence of organic pet products.
Get more details @ https://goo.gl/5SYGVI
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<strong>Organic</strong> <strong>Pet</strong> <strong>Food</strong> <strong>Market</strong> Share, <strong>Growth</strong>, <strong>Analysis</strong>, Trends,<br />
Forecast <strong>Report</strong>, 2016-<strong>2024</strong>: Global <strong>Market</strong> Insights Inc.<br />
The <strong>Organic</strong> <strong>Pet</strong> <strong>Food</strong> <strong>Market</strong> size is predicted to grow at a significant CAGR during<br />
the forecast period. There are numerous factors leading to the emergence of organic<br />
pet products. There is a vast population who have adopted the trend of keeping pets<br />
owing to the nuclear family structure and changing lifestyle. The focus of people on<br />
pet health and wellness is increasing. A multitude of health problems has become a<br />
grave issue for pet owners. <strong>Pet</strong>s are afflicted with various diseases such as digestive<br />
disorders, arthritis, brain aging, skin allergies and obesity.<br />
<strong>Organic</strong> pet foods have added ingredients like vitamins, proteins, amino acids, fatty<br />
acids and minerals. They have no preservatives, artificial flavors and colors, and are<br />
free from genetically modified ingredients. They are made based on the type and age<br />
of the pet. Increased awareness about the pet health is leading to the popularity of<br />
organic products. These products have more nutritional value than conventional pet<br />
food. Another driver is the demand for transparency in product composition.<br />
Endorsements and advertisements about pet health awareness has increased in the<br />
past years resulting in the upward trend of organic food for animals. People have been<br />
adopting stray and injured animals which has accelerated the demand of the product.<br />
Social media has been actively involved to promote pet care services, therefore,<br />
driving the trend towards healthy pet food.<br />
The constraints which can slow down the growth of the concerned industry are lack of<br />
pet market specific regulations, supply issues and soaring prices. <strong>Organic</strong> pet foods<br />
constitute a small portion in the overall pet food market. <strong>Pet</strong> food manufacturers have<br />
to adhere to organic label for human food as there is no particular mandate for pet<br />
organic food. The rising competition level among the market players will force<br />
companies to reduce the product prices which will affect their profits. Therefore, the<br />
manufacturers need to diversify their product portfolio in order to thrive in the market.<br />
Exclusive pet shops have gained popularity due to the availability of all organic food<br />
brands for a variety of animals.<br />
The organic pet food industry can be segmented on the basis of animal type, product<br />
type, distribution channel and region. The animal type segment consists of organic<br />
dog food, organic cat food, bird food and others such as fish food, horse food, etc. The<br />
dog food segment dominated the market in 2016 and is anticipated to grow in the<br />
forecast period due to the rising adoption of dogs to reduce stress and improve<br />
cardiovascular health.<br />
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Based on the product type, the market can be divided into wet organic pet food and<br />
dry organic pet food. The dry pet food led the market in 2016 and is expected to<br />
dominate the market in future. The advantages associated with dry pet food such as<br />
enriching environment and convenience in cleaning teeth have fueled the growth of<br />
the product market. Based on the distribution channel, the market is segmented into<br />
retail stores, online stores, supermarkets, specialized pet shops, etc.<br />
North America and Europe account for a significant chunk of the major share in the<br />
product market and will continue to grow in the coming years owing to the increased<br />
pet ownership. The trend for pet adoption is also prominent in Europe. The market in<br />
Asia Pacific is also expected to grow at a robust pace due to the nutritional benefits<br />
associated with the organic food. Countries such as U.S., Russia and France have a<br />
considerable number of cat owners translating into high growth of the product market.<br />
Some of the main market players in this industry are <strong>Pet</strong>Guard, Nestle, Lily’s Kitchen,<br />
Party Animal, BIOpet <strong>Pet</strong> Care Ltd., Newman’s Own, Evanger’s Dog & Cat <strong>Food</strong><br />
Company, Inc., Harrison’s Bird <strong>Food</strong>s, <strong>Organic</strong> <strong>Pet</strong> Boutique, Oxbow Animal Health,<br />
Natural Planet <strong>Pet</strong> <strong>Food</strong>s, Cargill, Dr. Geoff's Real <strong>Food</strong> for <strong>Pet</strong>s, Avian <strong>Organic</strong>s,<br />
Mars, Incorporated, Hill’s <strong>Pet</strong> Nutrition, Inc., Diamond <strong>Pet</strong> <strong>Food</strong>s, etc.<br />
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