Global Direct to Consumer Pet Food Market

Direct To Consumer Pet Food Market Size, Share, Growth Analysis, By Type(Meal, Treats), By Pet Type(Dogs, Cats), By Distribution Channel(Online, Offline) - Industry Forecast 2024-2031


Report ID: SQSG30B2012 | Region: Global | Published Date: February, 2024
Pages: 276 | Tables: 89 | Figures: 66

Direct To Consumer Pet Food Market Regional Insights

Globally, North America dominated the direct to consumer pet food market in 2021 and is projected to maintain its dominance throughout the forecast period owing to increased number of millennials as pet owners, high availability of wide range of customized pet food products, and rising focus on health and diets of pets in the region. Moreover, large presence of key market players such as Mars Incorporated, General Mills Inc., The J.M. Smucker Company, and Simmon Pet Food Inc. and their rising investments on research and development activities to introduce new and more attractive food products and to get consumer attention is also anticipated to propel the growth of the DTC food market across the region at a significant growth rate in the coming years.

Furthermore, Asia Pacific region is expected to witness significant growth during the forecast period due to growing number of people own pets in their houses and rapid urbanization mainly in several developing countries such as Chin, India, and Indonesia. Moreover, rising efforts by key market companies to launch new production facilities and enhanced products for expanding their market reach and strengthen their position ahead of their competitors, as high availability of growth opportunities in the region for the next coming years.

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FAQs

Direct to Consumer Pet Food Market was valued at USD 1.7 billion in 2019 and it is expected to reach a value of USD 8.17 billion by 2031, at a CAGR of 25.1% over the forecast period (2024-2031).

The direct to consumer pet food market is moderately consolidated in nature with the existence of many large market players operating across the globe. Key market players are implementing on several business developing strategies such as acquisition, partnerships, collaborations, new product launches, and technological advancements for the expansion of their geographical presence and product portfolio. 'Nestle S.A.', 'Mars Incorporated', 'Hill’s Pet Nutrition Inc.', 'The J.M. Smucker Company', 'Diamond Pet Foods Inc.', 'Heristo Aktiengesellschaft', 'The Farmers Dog Inc.', 'NomNomNow Inc.', 'Jinx Inc.', 'General Mills Inc.'

Rising Awareness for Pet Health to Drive Market Growth

Growing Trend of Personalized Pet Food

Globally, North America dominated the direct to consumer pet food market in 2021 and is projected to maintain its dominance throughout the forecast period owing to increased number of millennials as pet owners, high availability of wide range of customized pet food products, and rising focus on health and diets of pets in the region. Moreover, large presence of key market players such as Mars Incorporated, General Mills Inc., The J.M. Smucker Company, and Simmon Pet Food Inc. and their rising investments on research and development activities to introduce new and more attractive food products and to get consumer attention is also anticipated to propel the growth of the DTC food market across the region at a significant growth rate in the coming years.

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Global Direct to Consumer Pet Food Market

Product ID: SQSG30B2012

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