Organic Pet Food Market Expected to Grow at USD 9090.20 million by 2028 – New Study by The Insight Partners – Digital Journal

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The scope of our recent study on “Organic Pet Food Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Dry Food, Wet Food, and Others), Pet Type (Dogs, Cats, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others), and Geography” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
The organic pet food market was valued at US$ 4,991.54 million in 2021 and is projected to reach US$ 9,090.20 million by 2028; it is expected to grow at a CAGR of 8.9% from 2021 to 2028. Organic pet food is made with organic ingredients free from chemicals. Pet owners’ growing inclination toward organic food has increased the purchase of organic pet food.
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Some of the major key players operating in the global organic pet food market includes Tender & True Pet Nutrition; Castor & Pollux Natural Petworks; Nestlé; Raw Paws Pet, Inc.; Native Pet; Primal Pet Foods; Yarrah Organic Petfood B.V.; Organic Paws; Petcurean; And Evanger’s. The major players in the organic pet food market are focusing on strategies such as research and development and new product development to increase the geographical presence and consumer base globally.
The growing pet humanization globally has been positively impacting pet industry. The growing humanization of pets has led to increased spending on pet products and preference towards high quality, expensive, high end products. The humanization has led to manufacturers focusing on consumer purchasing behavior which is further adapted into pet food and pet products. There is an increasing trend of fitness savvy and health conscious consumers who are keen on the nutrition, ingredients, and sourcing of food products that has led to growth in demand for products with specific properties such as clean label.
Based on pet type, the global organic pet food market is segmented into dogs, cats, and others. The dogs segment held the largest share of the market in 2020. Organic pet food helps in managing the weight of dogs and improving their energy levels. As the food is easily digestible, it improves the gut health of dogs and helps in overcoming the problems of constipation and loose stools. Dogs have specific requirements of proteins; carbohydrates; fats; vitamins; amino acids; and minerals, such as calcium and potassium. Organic pet food is fortified with these nutrients to meet the nutritional requirements of dogs.
The global organic pet food market is segmented into five main regions— North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America. In 2020, North America accounted for the largest share of the market. The US, Canada, and Mexico are the key economies in North America. The rising demand for organic and natural pet food is attributed to the increasing pet ownership and growing consumer awareness related to pet health. Additionally, the introduction of private label retail brands and increasing urbanization and disposable incomes are a few primary factors propelling the growth of the organic pet food market in North America. Organic components are used in natural pet food, free of synthetic fertilizers, pesticides, antibiotics, artificial coloring, and chemical by-products. Organic pet food provides various health benefits to pets, such as improved immunity, reduced skin diseases and allergies, reduced digestive disorders, increased life expectancy, and weight maintenance.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense, Food & beverage, Chemical and Materials, Semiconductors etc.
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