The IMARC Group provides extensive analysis of the dog food industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on dog food market size, share, segmentation, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
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The global dog food market reached a value of US$ 62.7 Billion in 2021. Dog food represents the food items specially intended and formulated to meet the water and nutritional requirements of dogs and other related canines. It is prepared with numerous agricultural and animal-feed grade ingredients, including seafood, poultry, grains, etc. Dog food offers various benefits, such as repairing damaged cells, regulating digestion, reducing irritation caused by allergies and environmental conditions, etc. As a result, it is widely utilized by pet owners across the globe to maintain a healthy lifestyle for their dogs.
Dog Food Market Trends:
The growing awareness among pet owners towards the importance of maintaining the adequate nutritional requirements of their pets is primarily driving the dog food market. Apart from this, the shifting consumer preferences from synthetic to natural pet food items are further catalyzing the market growth. Additionally, the several convenience benefits related to dry organic dog food that ensure oral care in dogs and eliminate the need for freezing are also augmenting the global market. Besides this, government bodies across countries are implementing various stringent regulations to mandate the efficient monitoring of the dog food manufacturing process, which is acting as another significant growth-inducing factor. Furthermore, the introduction of product variants with innovative flavors and clean label ingredients is anticipated to fuel the dog food market over the forecasted period. Looking forward, IMARC Group expects the dog food market to reach US$ 84 Billion by 2027, exhibiting at a CAGR of 4.95% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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