• November 24, 2022
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Demand For Automatic Dogs Pet Feeders Market Driven By Shifting Consumer Perceptions And Growing Awareness – Digital Journal

Demand For Automatic Dogs Pet Feeders Market Driven By Shifting Consumer Perceptions And Growing Awareness – Digital Journal

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According to Fact.MR, a market research and competitive intelligence provider, the global automatic pet feeder market is estimated at US$ 540.8 million in 2022 and is expected to expand at an impressive CAGR of 9.6% during the forecast years of 2022-2032. The market is set to grow due to the remarkable adoption of novel technologies by automatic pet feeder manufacturers to ease pet parenting.
Unbalanced nutrition can cause many serious illnesses in pets, including obesity, rickets, fur loss, emaciation, and allergies. Though these disorders are often caused by the inappropriate quantity of food offered or the quality of the food provided, they can also cause by some medical disorders or the spread of parasites.
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Balanced nutrition is an essential part of a pet’s health. Pet owners are more tech-savvy these days than ever before. Trends suggest that manufacturers are increasingly looking for new technologies to connect with pets and ensure their health and safety. Providing pets with proper nutrition through a balanced diet is gaining immense traction, and, as such, automatic pet feeders are seeing high demand.
Overall, growth of the pet care industry, increasing pet veterinary expenses, and rising inclination towards preventive pet care are advancing the growth of the automatic pet feeder market at a rapid pace.
Segmentation of Automatic Pet Feeder Industry Research
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Key Takeaways from Market Study
Competitive Landscape
Prominent automatic pet feeder manufacturers are DOGNESS Group, Catspad, Wireless Whiskers, Petsafe (Radio System Corporation), SureFlap Ltd., PortionPro Rx, WOPET, CleverPet, Petwant, Shenzhen Skymee Technology Co., Ltd., Shenzhen Libro Technology Co., Limited, Faroro, Petkit, and Skymee.
Several companies are focusing on organic growth strategies, including product launches, product approvals, and more. Acquisitions and collaborations are an inorganic growth strategy for this sector.
These efforts have opened new opportunities for market players to increase their market presence and customer base.
Manufacturers are offering a variety of automatic pet feeders such as instant dry and wet food automatic pet feeders, automatic pet feeders with cameras, automatic water feeders, microchip pet feeders, and so on.
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Market Development
The business environment in the automatic pet feeder market continues to reflect a spike within the industry despite difficult economic conditions during COVID-19. To gain a solid hold in the market, prominent manufacturers are focusing on product design and are associating with pet care professionals and government agencies.
The automatic pet feeder market is increasing in terms of innovation; most importantly, market players are focusing on adding some essential capabilities – such as owners can see the activity of their pets, can program their meals by time, quantity, etc.
For More Insight- https://www.globenewswire.com/en/news-release/2022/09/26/2522902/0/en/Research-Institutes-to-Possess-45-Market-Share-for-Chromatography-Syringes-Fact-MR-Study.html
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