Direct-to-Consumer Pet Food Market: Meticulous Research® Reveals Why This Market is Expected to Grow at a CAGR of 25.2% to Reach $8.16 Billion by 2028 – Digital Journal

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Direct-to-consumer (or D2C) companies manufacture and ship their products directly to buyers without relying on traditional stores or other middlemen. This process allows D2C companies to sell their products at lower costs than traditional consumer brands and maintain end-to-end control over the manufacturing, marketing, and distribution of products.
The pet food industry is evolving faster than ever to react to the changing market due to the delivery demand accelerated by the COVID-19 pandemic. In recent years, e-commerce has become popular in the pet care industry. The growing preference for online shopping of pet products is expected to provide immense opportunities for players operating in the pet care business. E-commerce offers hassle-free delivery, user-friendly websites/apps, and a wide range of products.
According to the latest publication on the Direct-to-Consumer Pet Food Market by Meticulous Research^®, the direct-to-consumer pet food market is expected to grow at a CAGR of 25.2% to reach $8.16 billion by 2028.
The direct-to-consumer pet food market is mainly driven by the growing incidences of zoonotic diseases in pets, increasing number of pet D2C brands and start-ups, rising pet population coupled with increasing pet food expenditure, and growing consumer preference for online shopping.
In addition, the rising in e-commerce, the humanization of pets, the increasing demand for nutritious pet food, the growing number of millennial pet owners, and the willingness of consumers to pay a premium for pet products further support the growth of the direct-to-consumer pet food market.
However, the quality issues in pet food products and product recalls are expected to hinder the growth of this market to a notable extent.
To provide efficient analysis, Meticulous Research^® has segmented this market based on type (meal [standard and customized], treats, and supplements), pet type (dogs, cats, and other pets), health condition (nutrition, digestive health, heart health, allergies, dental health, skin problems, stress, joint health, and other health conditions), and distribution channel (online and offline).
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Based on geography, the direct-to-consumer pet food market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the direct-to-consumer pet food market in 2021. The large market share of this region is attributed to the rising number of millennial pet owners, availability of a wide range of customized pet food in the region, growing focus on the health and diets of pets, and the presence of major players in the region. Additionally, North America is expected to register the highest CAGR during the forecast period of 2021–2028.
Based on type, the direct-to-consumer pet food market is segmented into meal, treats, and supplements. The meal segment dominated the direct-to-consumer pet food market in 2021. The dominant position of this segment is attributed to the rising awareness about pet health, increased spending on premium meals, and the growing demand for customized meals.
The meal segment is divided into standardized meal and customized meal. The customized meal segment is expected to register the highest CAGR during the forecast period of 2021–2028. Customized meals help monitor pet eating patterns, avoid susceptible allergens in food; address health conditions, such as dry skin, obesity, and loose stools; and enable doorstep delivery, contributing to the high growth rate of this segment.
The standardized and customized meals segments are further sub-segmented into dry and wet meals. In 2021, the dry meal segment accounted for the larger share of the standardized and customized meals market. The large market share of this segment is attributed to its increased shelf life, low cost, ease of handling, and reduced risks of plaque & tartar buildup.
Based on pet type, the direct-to-consumer pet food market is segmented into dogs, cats, and other pets. The dogs segment is expected to register the highest growth rate during the forecast period. The high growth rate of this market is attributed to the rising number of dog adoptions, growing demand for high-quality dog food products, and the humanization of dogs.
According to the American Veterinary Medical Association 2017–2018 survey, 80% of owners consider their pets as family members and believe that having a dog at home helps them lead an active and stress-free lifestyle. Also, according to APPA, in 2020, around 70% of all households in the U.S. owned a pet, out of which 82% of millennials had dogs.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/direct-to-consumer-pet-food-market-5146
Based on health condition, the direct-to-consumer pet food market is segmented into nutrition, digestive health, heart health, allergies, dental health, skin problems, stress, joint health, and other health conditions. The nutrition segment accounted for the largest share of the direct-to-consumer pet food market in 2021. The large market share of this segment is attributed to the increasing expansion of premium pet food brands and the rising awareness of pet owners towards the preferences and health conditions of their pets. However, the digestive health segment is expected to register the highest CAGR during the forecast period of 2021–2028.
Based on distribution channel, the direct-to-consumer pet food market is segmented into online and offline. The online segment accounted for the larger share of the direct-to-consumer pet food market in 2021. The large market share of this segment is attributed to the growing preference for personalization, consumer convenience, availability of greater discounts compared to offline stores, and greater product selection experience.
Key Players
The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence of some of the key players operating in this market, including Nestlé S.A. (Switzerland), General Mills, Inc. (U.S.), Mars, Incorporated (U.S.), Hill’s Pet Nutrition, Inc. (Part Of Colgate-Palmolive Company) (U.S.), The J.M. Smucker Company (U.S.), Diamond Pet Foods, Inc. (Part of Schell & Kampeter, Inc.) (U.S.), Heristo Aktiengesellschaft (Germany), Simmon Pet Food, Inc. (U.S.), WellPet, LLC (U.S.), The Farmers Dog, Inc. (U.S.), Jinx, Inc. (U.S.), JustFoodForDogs, LLC (U.S.), Ollie Pets Inc. (U.S.), Farmina Pet Foods Holding B.V. (Netherlands), and NomNomNow, Inc. (Philippines).
You Can Buy Report Here : https://www.meticulousresearch.com/Checkout/26148981
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
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California, 96001, U.S.
USA: +1-646-781-8004
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Email- [email protected]
Visit Our Website: https://www.meticulousresearch.com/
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