According to the Market Statsville Group, the global pet food market size was USD 39.1 billion in 2021 and is estimated to reach USD 63.7 by 2030, registering a CAGR of 63.7% during the forecast period (2022-2030). The pet food is very essential as animals requires nutrients as per their unique structure, thus, pet food producing comapanies collaborate with vetenary specialities and develop pet specific foods to cater to the needs of the end-users.
Factors such as growing disposable incomes, trend of keeping pet, and others are driving the growth of the market over the forecasting period.
COVID-19 Impact on the Global Pet Food Market
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The COVID-19 has had a negative impact on the growth of the market, due to global lockdowns and disrupted supply chains were major factors hampering its growth amid the pandemic. However, people opted to feed animals around them and the supply also restored via e-commerce channels, thus, positively impacting the growth of the market over the forecasting period. Hence, the COVID-19 had a significant impact on the market’s growth.
Scope of the Global Pet Food Market
The study categorizes the pet food market based on pet type, ingredients, source, form, at the regional and global levels.
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By Pet Type Outlook (Sales, USD Million, 2017-2030)
Others (rabbits, birds, and horses)
By Ingredients Outlook (Sales, USD Million, 2017-2030)
Corn & cornmeal
Wheat & wheat meal
Vegetables & Fruits
Soy & soy meal
Meat and meat products
Vitamins & minerals
Others (Flavors and Colors)
By Source Outlook (Sales, USD Million, 2017-2030)
By Form Outlook (Sa