New York, According to a new market research report published by Global Insight Services “Organic Pet Food Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Organic pet food is made with ingredients that are grown without the use of synthetic pesticides, herbicides, or fertilizers. Animals raised for organic meat, poultry, eggs, and dairy products are not given antibiotics or growth hormones.
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Key Trends
There are three key trends in organic pet food technology:
1. The use of organic ingredients:
Organic pet food companies are increasingly using organic ingredients in their products. This is in response to consumer demand for more natural and healthy pet foods. Organic ingredients are grown without the use of synthetic pesticides and fertilizers, and are therefore more environmentally friendly. They are also generally more nutritious than conventionally grown ingredients.
2. The use of alternative proteins:
As consumers become more interested in health and sustainability, they are also seeking out alternative proteins for their pets. Pet food companies are responding by offering products that contain alternative proteins such as insect meal, plant proteins, and even algae. These proteins are often more environmentally friendly and nutritious than traditional animal-based proteins.
Key Drivers
The key drivers of the organic pet food market are the same key drivers of the organic food market in general. These include concerns about the safety of conventional pet food, the health benefits of organic food, and the environmental benefits of organic agriculture.
Safety is a major concern for many pet owners, as there have been a number of high-profile recalls of conventional pet food in recent years. In 2007, for example, more than 100 brands of pet food were recalled after it was found that they contained melamine, a chemical that can cause kidney failure. In 2010, a similar recall occurred after it was discovered that some pet foods contained aflatoxin, a toxin produced by certain molds.
Health is another key driver of the organic pet food market. Organic pet food is free of synthetic pesticides, herbicides, and fertilizers, and it is also often made with higher-quality ingredients than conventional pet food. As a result, many pet owners believe that organic pet food is healthier for their pets.
Market Segmentation
The Organic Pet Food Market is segmented by pet type, flavor, sales channel and region. By pet type, the market is divided into dog, cat, fish, bird, and others. By flavor, the market is bifurcated into flavored and unflavored. By sales channel, the market is classified into hypermarkets /supermarkets, convenience stores, discount stores, online retail, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The key players in the Organic Pet Food Market are Purina PetCare (Nestle), Biopet Pet Care Pty Ltd, Evanger’s Dog & Cat Food Company, Inc., Newman’s Own, Inc., Castor & Pollux Natural Petworks, Lily’s Kitchen, Harrison’s Bird Foods, Hill’s Pet Nutrition, Inc., Mars, Incorporated, and Diamond Pet Foods.
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Reasons to buy Organic Pet Food Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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