Global Vegan Dog Food Market, By Nature (Organic, Conventional), Product (Wet Food, Dry Food, Treats and Chews, Others), Sales Channel (Modern Trade, Pet Food Stores, Veterinary Clinics, Online Retailing, Other Retailing Formats), Type (Dark, Leafy Greens (Spinach), Lentils, Rice, Broccoli, Carrots, Quinoa, Beans) – Industry Trends and Forecast to 2029
Market Analysis and Size
Manufacturers and suppliers of pet food products must optimise their product offerings to meet consumer demand as consumer preference for pet food flavours has increased over the last five years. Dog food is a high-growth segment in the overall food ingredients market, and consumer preference for vegan dog food, combined with manufacturers' willingness to capitalise on the opportunity in this niche business, translated into increased demand for vegan dog food around the world.
Data Bridge Market Research analyses that the vegan dog food market was valued at a USD 12.27 billion in 2021 is expected to reach the value of USD 31.48 billion by 2029, at a CAGR of 12.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Nature (Organic, Conventional), Product (Wet Food, Dry Food, Treats and Chews, Others), Sales Channel (Modern Trade, Pet Food Stores, Veterinary Clinics, Online Retailing, Other Retailing Formats), Type (Dark, Leafy Greens (Spinach), Lentils, Rice, Broccoli, Carrots, Quinoa, Beans)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Hill's Pet Nutrition, Inc (U.S.), The J.M. Smucker Company (U.S.), Schell & Kampeter, Inc. (U.S.), Heristo Aktiengesellschaft (Germany), Simmon Foods, Inc. (U.S.), Wellness Pet Company (U.S.), The Farmers Dog, Inc. (U.S.), JustFoodForDogs (U.S.), Ollie Pets Inc. (U.S.), Farmina Pet Foods (Netherlands), and NomNomNow, Inc. (U.S.)
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Opportunities
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Market Definition
Vegan dog foods are those that are made without any animal components or by-products. Vegan dog food can include fruits, grains, cereals, legumes, nuts, vegetable oils, soya, and some other non-animal foods.
Vegan Dog Food Market Dynamics
Drivers
- Rising trend of pet humanization around the world.
As more pet owners want to provide human-like products or experiences for their pets, the term "pet humanization" is becoming a globally accepted term in the pet industry. Pet owners consider their pets to be family members, so they demand nutritional benefits, high ingredient quality, improved digestibility, and animal safety in their pet food. This trend is increasing demand for high-quality, nutritionally dense pet food. The humanization of pets has raised public awareness of the importance of eating healthy. It has enabled pet owners to spend more on high-quality pet food products, as evidenced by a recent increase in pet-related spending.
- Growing trend of veganism and constant research and development activities
Veganism is not only gaining traction in the human food industry; it is also gaining traction in the pet care and pet food industries. A growing number of pet parents are becoming vegan because they believe vegan food products are more nutritious than conventional counterparts, and they are making the same decision when purchasing dog food. Leading players in the dog food flavouring market are heavily investing in research and development to increase the use of vegan ingredients in their products while ensuring that these ingredients have the same nutritional properties as meat-based variants.
Opportunity
The demand for pet food increases as the number of pets increases. The pet food flavour market is closely related to the expanding pet food market. The market has a wide variety of vegan dog food. In addition, many businesses are emphasising the addition of new and more appealing flavours to their products. In order to increase their market presence, many companies are focusing on developing new pet food flavours. Demand for pet food flavour is rapidly increasing in the global pet food flavour market, owing to increased disposable income and the growCOVID-19 Impact on Vegan Dog Food Marketing trend of pet ownership.
Restraints
In the forecast period, less availability of ingredients and non-uniformity in international trade regulations will likely act as market restraints for the growth of vegan dog food. The most significant and immediate challenge to the market's growth will be the availability of counterfeit products.
This vegan dog food market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the vegan dog food market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The COVID-19 pandemic wreaked havoc on global supply chains. Due to restrictions in the movement of raw materials, the pet food industry initially suffered in terms of supply and cash flow. On the other hand, as people adopted more pets to meet their growing need for companionship during the lockdown, demand for pet food increased steadily in many parts of the world. Market participants shifted their focus from retail stores to e-commerce platforms to meet this demand, increasing their investments in website development.
Recent Development
- Nulo, Inc., a leading manufacturer and distributor of pet food products such as super premium pet food and treats, announced in June 2020 the launch of a new line of flavor-infused water supplements that can improve dogs' diets and maximise hydration.
- Four new flavours have been introduced by the company: pork tenderloin, rotisserie chicken, beef brisket, and roasted lamb. These water supplements also contain natural flavouring agents, vitamin B12, branched-chain amino acids (BCAAs), sodium, and potassium.
- In May 2020, West Paw, Inc., a leading U.S.-based pet food brand that manufactures eco-friendly dog products, announced the launch of a new portfolio of dog treats with two innovative flavours: peanut butter with banana and beef liver with liver with pumpkin.
Global Vegan Dog Food Market Scope
The vegan dog food market is segmented on the basis of nature, product, sales channel, type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Nature
- Organic
- Conventional
Product
- Wet Food
- Dry Food
- Treats and Chews
- Others
Type
- Dark
- Leafy Greens (Spinach)
- Lentils
- Rice
- Broccoli
- Carrots
- Quinoa
- Beans
Sales channel
- Modern Trade
- Pet Food Stores
- Veterinary Clinics
- Online Retailing
- Other Retailing Formats
Vegan Dog Food Market Regional Analysis/Insights
The vegan dog food market is analysed and market size insights and trends are provided by country, nature, product, sales channel, type as referenced above.
The countries covered in the vegan dog food market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
South America dominates the vegan dog food market due to the rising share of Brazil and Argentina as market leaders in the availability of pet food, rising pet adoption, and increasing trends of pet humanization, as well as an increase in the number of development activities in the region, whereas Asia-Pacific is expected to grow in the vegan dog food market from 2022 to 2029 due to rising demand for premium quality pet food products in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vegan Dog Food Market Share Analysis
The vegan dog food market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vegan dog food market.
Some of the major players operating in the vegan dog food market are:
- Hill's Pet Nutrition, Inc (U.S.)
- The J.M. Smucker Company (U.S.)
- Schell & Kampeter, Inc. (U.S.)
- Heristo Aktiengesellschaft (Germany)
- Simmon Foods, Inc. (U.S.)
- Wellness Pet Company (U.S.)
- The Farmers Dog, Inc. (U.S.)
- JustFoodForDogs (U.S.)
- Ollie Pets Inc. (U.S.)
- Farmina Pet Foods (Netherlands)
- NomNomNow, Inc. (U.S.)
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