Frozen Pet Food Market by Product Type (Dry Pet Foods, Organic Products, Treats/Snacks), Orgin (Animal based, Plant based), Pricing, Ingredient Type, Distribution, Vendor Type - Global Forecast 2024-2030

Frozen Pet Food Market by Product Type (Dry Pet Foods, Organic Products, Treats/Snacks), Orgin (Animal based, Plant based), Pricing, Ingredient Type, Distribution, Vendor Type - Global Forecast 2024-2030

The Frozen Pet Food Market size was estimated at USD 2.36 billion in 2023 and expected to reach USD 2.47 billion in 2024, at a CAGR 4.55% to reach USD 3.23 billion by 2030.

Frozen Pet Food distinctly refers to a specialized category of pet nutrition products consisting of fresh raw ingredients that are meticulously processed and securely frozen for prolonged preservation. The formulation of these pet foods primarily involves ingredients such as meat, fruits, vegetables, and grains, closely mirroring the variety of nutrients a pet might find in nature. The frozen pet food market primarily comprises vendors and consumers who are engaging in the production, distribution, and acquisition of frozen food for pets. These pet foods usually contain raw ingredients free from preservatives and are frozen to maintain nutrient content. These foods are touted as healthier alternatives to regular pet foods, marking a significant shift in pet-owning culture impacting the pet food industry. The scope of this market extends from a local to a global scale, with many companies spreading their distribution networks to various countries to meet the increasing demand. Several underlying factors are augmenting the growth of the frozen pet food market, including changing preferences towards healthy and long-standing pet food, a growing trend for nuclear families, and changing lifestyles.

The upward growth of the frozen food market is supported by a rising endorsement by celebrities and advertisements, coupled with the willingness of pet owners to spend more on premium pet food products are driving this market's growth. However, the limited availability of ingredients, price sensitivity, the presence of counterfeit products, and the lack of a universal regulatory structure hinder the growth of the market. On the other hand, inclination towards adopting and humanizing pets and the shift toward novel and premium pet food present lucrative opportunities for the frozen pet food market to grow in the coming years.

Regional Insights

The Americas make up a significant portion of the frozen pet food market. The increasing awareness of pet health significantly influences market growth. In this region, an increased focus on pet health due to a rise in pet obesity rates witnessed a surge in the demand for premium and nutrient-rich frozen pet food. Furthermore, leading frozen pet food manufacturers contributing to the regional market with new product launches cater to the pressing needs of health-conscious pet owners. The EU countries for frozen pet food has been growing consistently due to increased spending on pet care by owners. In the Middle East and Africa region, the market is still evolving; nevertheless, increased pet adoption and consequent demand for high-quality pet food provide the potential for market growth. In the APAC region, several countries are witnessing a rapid growth rate in the frozen pet food market. The increasing pet population and rising awareness of pet health and nutrition drive the market. The market in this region reflects a surge in demand owing to an aging pet population that requires specialized diet needs.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Frozen Pet Food Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Changing Preferences Towards Healthy and Long-Standing Pet Food
    • Increasing Trend of Nuclear Family and Changing Lifestyle
    • Rising Endorsement by Celebrities and Advertisements
    • Market Restraints
      • Limited Availability of Ingredients And Price Sensitivity
      • Market Opportunities
        • Inclination Towards Adoption and Humanization of Pet
        • Shift Toward Novel and Premium Pet Food
        • Market Challenges
          • Presence of Counterfeit Products and the Lack of Universal Regulatory Structure
          • Market Segmentation Analysis
            • Product Type: Expanding usage of dry pet foods due to its cost-effectiveness
            • Origin: Rising preference for animal-based frozen pet food among pet owners
            • Pricing: Growing demand for economy frozen pet food from price-conscious consumers
            • Ingredient Type: Increasing usage of acidulants in frozen pet food
            • Distribution: Rising online distribution channel offering easy accessibility to the products
            • Vendor Type: Significant role of manufacturer for frozen pet food as they provide final product from raw components
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Frozen Pet Food Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Frozen Pet Food Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Vital Essentials Partners with Yelloh to Offer Frozen Pet Food Delivery Service Across the Country
              
              Carnivore Meat Company's brand, Vital Essentials, has partnered with Yelloh to offer high-quality frozen pet food products. This collaboration presents Vital Essentials with the opportunity to expand into new markets and provide pet owners with butcher-cut proteins for their beloved animals. Through this strategic partnership, both companies reaffirm their commitment to promoting optimal pet wellness and delivering unique culinary delights through their Partner Pick program.
              
              Allana Group to invest INR 200 crore in pet food facility in Telangana
              
              Allana Group invested INR 200 crore to establish a state-of-the-art pet food facility near Zaheerabad in Telangana. This facility, with a 10 MT/hour capacity, is dedicated to producing frozen pet food. This investment demonstrates Allana Group's commitment to supporting the local economy and fostering development.
              
              BrightPet Nutrition Group Acquires Raw Advantage, a leading manufacturer of Freeze-Dried and Frozen Raw Pet Food and Treats Categories
              
              BrightPet Nutrition Group has acquired Raw Advantage Processing, LLC, with the support of A&M Capital Partners, further solidifying BrightPet's position as one of the leading providers of freeze-dried and frozen raw pet food in terms of capacity. The integration of Raw Advantage's expertise allows BrightPet to expand its product range and production capacity, ensuring a broader selection of high-quality pet food options for pet owners.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Frozen Pet Food Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Frozen Pet Food Market, highlighting leading vendors and their innovative profiles. These include BrightPet Nutrition Group, LLC, Camlin Fine Sciences Ltd., Canature Processing Ltd., Carnivore Meat Company, LLC, Champion Petfoods Holding Inc., Corbion NV, Dr. Harvey’s, DuPont de Nemours, Inc., Fresh Is Best, Grandma Lucy’s LLC, Kemin Industries, Inc., Kerry Group PLC, LazyPet Foods, Mars, Incorporated, Natural Pet Food Group, Nature's Variety by Affinity Petcare, S.A.U., Nestlé S.A., Northwest Naturals Raw Pet Food, NRG Plus Limited, Primal Pet Group, Inc., Stella & Chewy’s, LLC, Steve's Real Food, The Scoular Company, and Wellness Pet Company, Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Frozen Pet Food Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Product Type
              • Dry Pet Foods
              • Organic Products
              • Treats/Snacks
              • Veterinary Diets
              • Wet Pet Foods
              • Orgin
                • Animal based
                • Plant based
                • Pricing
                  • Economy Segment
                  • Premium Segment
                  • Super-premium Segment
                  • Ingredient Type
                    • Acidulants
                    • Flavors
                    • Natural Antimicrobials/Mold Inhibitors
                    • Natural antioxidant
                    • Synthetic Antimicrobials/Mold Inhibitors
                    • Synthetic Antioxidant
                    • Distribution
                      • Offline Mode
                        • Hypermarkets
                        • Specialized Pet Shops
                        • Online Mode
                        • Vendor Type
                          • Ingredient Suppliers
                          • Manufacturers
                          • Renderers
                          • Region
                            • Americas
                              • Argentina
                              • Brazil
                              • Canada
                              • Mexico
                              • United States
                                • California
                                • Florida
                                • Illinois
                                • New York
                                • Ohio
                                • Pennsylvania
                                • Texas
                                • Asia-Pacific
                                  • Australia
                                  • China
                                  • India
                                  • Indonesia
                                  • Japan
                                  • Malaysia
                                  • Philippines
                                  • Singapore
                                  • South Korea
                                  • Taiwan
                                  • Thailand
                                  • Vietnam
                                  • Europe, Middle East & Africa
                                    • Denmark
                                    • Egypt
                                    • Finland
                                    • France
                                    • Germany
                                    • Israel
                                    • Italy
                                    • Netherlands
                                    • Nigeria
                                    • Norway
                                    • Poland
                                    • Qatar
                                    • Russia
                                    • Saudi Arabia
                                    • South Africa
                                    • Spain
                                    • Sweden
                                    • Switzerland
                                    • Turkey
                                    • United Arab Emirates
                                    • United Kingdom
                                    
                                    
                                    Please Note: PDF & Excel + Online Access - 1 Year