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 Dynamics

Direct To Consumer Pet Food Market Drivers

  • Rising Awareness for Pet Health to Drive Market Growth

An extensive rise in the demand for premium and natural brand pet food products coupled with the rising consumer awareness regarding their pet health are key factors expected to drive the growth of the global direct to consumer pet food market during the forecast period. These products are high in demand owing to increased awareness regarding health & wellness, growing disposable income, and humanization trends are some other factors likely to propel the demand and expansion of DTC pet food market at a healthy growth rate over the coming years. Moreover, the global market is also being driven by increasing pet population and rising incidences of zoonotic diseases in pets across the globe.

Direct To Consumer Pet Food Market Restraint

  • Strict Regulations to Hamper Market Growth

Stringent regulations associated with pet food products especially across western market is likely to hamper the growth of the global direct to consumer pet food market over the forecast period. In developed countries, pet foods are tested and examined stringently at each stage from the ingredients and sales of products, which is likely to be major restraining factor for the growth of the global market over the 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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