Dog Food Market Size to Reach US$ 84 Billion by 2027, Exhibiting … – Digital Journal

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 According to IMARC Group’s latest report, titled “Dog Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global dogfood market reached a value of US$ 62.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 84 Billion by 2027, exhibiting at a CAGR of 4.95% during 2022-2027.
Dogs are currently referred to as one of the most preferred pets across numerous countries. The general diet of a dog should comprise of a combination of carbohydrates, minerals, proteins, fats, vitamins, water, etc. In the absence of proper nutrition, dogs are unable to fight off infection, perform daily activities, repair teeth and bones, maintain their build and muscle tone, etc. Some of the dog food products offer hypoallergenic nutrition, whereas other formulations are produced for controlling health conditions, including kidney and heart-related diseases.
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Dog Food Market Trends:


Dog Food Market Trends:
The increasing awareness among pet owners towards the dietary requirements of their dogs is inflating the need for better quality products, which is primarily augmenting the dog food market. Furthermore, the widespread adoption of low-calorie diets, owing to the growing prevalence of diabetes, high blood pressure, and arthritis reported in dogs, is positively influencing the global market. Apart from this, the inflating urbanization levels are escalating the dog ownership rates in developing regions, which is acting as another significant growth-inducing factor.
Moreover, the rising investments by non-governing agencies and government bodies in the development of dog shelters where volunteers work towards improving the overall health and well-being of stray dogs are also bolstering the market growth. Besides this, the introduction of organic and natural product variants suitable for every stage of dog life is further catalyzing the global market. Additionally, the growing product premiumization and the easy availability of these items via e-commerce platforms are expected to fuel the dog food market in the coming years.
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The Report offers a comprehensive analysis of the industry, which comprises insights on the global market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Competitive Landscape with Key Players:
The global dog food market is highly concentrated in nature with the presence of a few players competing in terms of quality and prices.
Key Market Segmentation:
The report has categorized the market based on product type, pricing type, ingredient type, and distribution channel.
Breakup by Product Type:
Breakup by Pricing Type:
Breakup by Ingredient Type:
Breakup by Distribution Channel:
Regional Insights:
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Key highlights of the report:                                                    
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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