Vegan Dog Food Market Set for Impressive 7% CAGR, Projected to Exceed US$ 26.35 Billion by 2033 | FMI

The Vegan Dog Food market has witnessed a remarkable surge in recent years, reflecting the growing consciousness towards animal welfare and sustainable living. Pet owners are increasingly opting for plant-based alternatives to cater to their canine companions’ dietary needs. This trend stems from concerns about the environmental impact of conventional meat-based dog foods, as well as health considerations.

In 2023, the vegan dog food market was estimated to be worth US$ 13.58 billion. The vegan dog food industry  is anticipated to register a CAGR of 7% from 2023 to 2033, reaching a value of US$ 26.35 billion.

Vegan pet food is made with plant-based and natural components rather than raw materials sourced from animals, and it is guaranteed to be free from any form of animal abuse or exploitation. The key trends in the human food industry, such as vegetarianism, clean labelling, alternative proteins, and healthier ingredients, impact the pet food industry.

Find an overview of market size and forecast along with the research methodology. This Sample report is available in PDF format.

From Niche to Mainstream: The Surging Acceptance of Vegan Food Products

The development of vegan alternatives in the pet food industry has come at a perfect time since vegan pet owners want their animals to adopt this way of life alongside them. This discovery has proven vital to the expansion of the industry. Dogs fed organic dog food experience a variety of health advantages, including fewer skin conditions and allergies, fewer digestive issues, better overall health, and a higher quality of life.

Changes in family structures and lifestyles that promote pet adoption are driving the growth of dog owners worldwide, raising the need for organic dog food. Vegan remedies are frequently used to treat digestive issues in dogs, such as upset stomachs, constipation, and bloating.

Paw some Paradigm Shift: The Global Surge in Pet Humanization Unleashes a New Era of Fur-Baby Love

The phrase ‘pet humanization’ is becoming a widely used term in the pet business as more pet owners desire to give their pets’ items or experiences similar to those provided to humans. Pet owners want nutritive advantages, excellent ingredient quality, enhanced digestibility, and animal safety in their pet food since they view their animals as family members. Demand for premium pet food with a high nutritional content is rising as a result of this trend.

The need to eat healthfully has become more widely recognized thanks to the humanization of pets. The surge in recent expenditures on pets signifies that pet owners now can allocate more funds toward premium pet food products.

Regional Outlook of this Vegan Dog Food Market:

In terms of vegan dog food sales, North America dominated the market in 2023. This is a result of the widespread adoption of pets in American households. The general acceptance of pet humanization among North American consumers spurred the local market to expand even more.

The United States and Canada, two of the leading nations in the region, are seeing an increase in the popularity of veganism.

Key Takeaways:

  • Kibbles or dry segment of the product type category is predicted to have a vegan dog food industry share of 24.3% by 2033.
  • The conventional sector to attain a substantial market share of 81.2% in the nature category between 2023 and 2033.
  • The adult sector to attain a substantial market share of 53.6% in the age group category between 2023 and 2033.
  • Through 2033, the store-based retailing segment to acquire a market share of 86.4% in the distribution category.
  • Between 2023 and 2033, the bags segment in the packing category held a vegan dog food market share of 36.8%.
  • The United States may achieve a 10% market share in the global vegan dog food industry between 2023 and 2033.
  • From 2023 to 2033, Germany might hold 5.9% of the global vegan dog food business.
  • Between 2023 and 2033, Japan’s vegan dog food sector share might rise to 6.4%.
  • From 2023 to 2033, Australia may hold a 3.2% share of the vegan dog food industry.
  • The vegan dog food industry in China is expected to record a CAGR of 3.5% during the forecast period.
  • The vegan dog food business in the United Kingdom may capture a 6.6% CAGR between 2023 and 2033.
  • The India vegan dog food industry is likely to record a CAGR of 30.8% from 2023 to 2033.

Unlock the secrets of the Vegan Dog Food Market! Engage in a lively dialogue with our analyst and gain a deeper understanding of market dynamics, consumer preferences, and upcoming trends! https://www.futuremarketinsights.com/ask-question/rep-gb-13685

Competitive Landscape:

Vegan dog food producers are concentrating on enhancing their online presence and funding research and development to broaden their market. Multinational vegan dog food firms are expanding their manufacturing facilities and acquiring local players to widen their product options.

Key Players:

  • Mars Incorporated
  • Hill’s Pet Nutrition
  • Lafeber Co.
  • Fromm Family Foods LLC.
  • Dave’s Pet Food
  • Boulder Dog Food Company, L.L.C.
  • Champion Petfoods
  • Nutro Products Inc.
  • Evanger’s Dog & Dog Food Company, Inc.
  • Rollover Premium Pet Food Ltd.
  • Diamond Pet Foods
  • Green Pawz, A Bentley’s Pet Stuff Company
  • Freshpet
  • Nestlé Purina PetCare
  • Burgess Group PLC
  • Affinity Petcare SA
  • 4Legs Pet Food Company
  • Real Pet Food Company
  • Betagro Public Company Limited

Recent Advancements:

Mars Petcare Bolsters Royal Canin with Acquisition of Nom Nom Now: Expanding Success and Enriching Product Line.

Mars Petcare acquired Nashville-based Nom Nom Now in January 2022. Mars Petcare may incorporate the newly acquired brand into its Royal Canin subsidiary as part of this deal. This acquisition aims to expand Nom Nom Now’s success while enhancing Mars Petcare’s product line.

Revolutionizing Pet Food: Bond Pet Foods and Hill’s Pet Nutrition Join Forces to Create Sustainably, Nutrient-Rich Alternatives.

In November 2021, Bond Pet Foods, a business that uses precise fermentation to produce animal proteins for use in pet food, partnered with Hill’s Pet Nutrition. The cooperation aspired to build a more environmentally friendly product to replace one of Hill’s most well-liked meat-based goods. The fermented protein can be created considering the nutritional needs of cats and dogs.

Didn’t find your desired data? Ask For your Report Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-13685

Key Segments profiled:

By Product Type:

  • Kibble/Dry
  • Extruded
  • Baked
  • Coated
  • Dehydrated Food
  • Treats and Chews
  • Pastes
  • Creames/Cream Snacks
  • Crunchy Snacks

By Age Group:

  • Adults
  • Senior
  • Puppies

By Distribution Channel:

  • Store-based Retailing
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Mom and Pop Stores
  • Pet Stores
  • Discounters
  • Independent Grocery Retailers
  • Drugstores
  • Other Retail Formats
  • Online Retailers

By Packaging Type:

  • Pouches
  • Bags
  • Folding cartons
  • Tubs & Cups
  • Can
  • Bottles & jars

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these