Asia-pacific Pet Food Market Forecast 2023-2032
KEY FINDINGS
The Asia-Pacific pet food market is expected to project a CAGR of 9.45% during the forecast period, 2023-2032. The growing pet humanization, the rising demand for convenience food, and the increasing prioritization of premium pet foods and functional products drive market growth.
MARKET INSIGHTS
India, Australia & New Zealand, South Korea, Thailand, Taiwan, Japan, China, Indonesia, and Rest of Asia-Pacific are evaluated for the Asia-Pacific pet food market growth assessment. In Japan, the pet population is on the decline. This is because the decreasing house spaces and the changing lifestyles have hindered pet adoption. Also, the growing aging population finds it hard to look after pets. Such demographic challenges have resulted in manufacturers focusing more on premiumization since they are inclined to value addition, given the declining sales. As a result, products with hygiene and health claims are expected to feature prominently in the market. With regard to pet products, new and innovative technologies will be prioritized to improve and monitor the pets’ comfort and health.
Further, e-commerce has become relevant in pet care in Japan. This is because the consumers benefit from and thus, prefer the convenience of ordering products online. This is also majorly accredited to the Coronavirus outbreak.
In Indonesia, the increasing health-consciousness is projected to impact product categories, resulting in increased demand for food with healthier images and pet healthcare products like nutritional supplements. Another growth driver is the expanding e-commerce during the pandemic. Whereas in countries like Thailand, the increasing pet population is one of the growth drivers. Additionally, major brands prioritize well-being and health concept, thereby formulating high-quality product developments.
COMPETITIVE INSIGHTS
Some of the major companies in the market include Unicharm Corporation, Vitakraft Pet Care GmbH & Co KG, Inaba Foods Co Ltd, Champion Petfoods LP, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.5. Major Market Findings
- 2.5.1. Growth Of Organic Pet Food
- 2.5.2. Sustainability Issue Addressed By Leading Players
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. High Demand For Premium And Organic Pet Food
- 3.1.2. Rising Demand For Therapeutic Pet Food
- 3.1.3. Growing Consumer Spending On Pet Food
- 3.2. Key Restraints
- 3.2.1. Production And Supply Chain Threats
- 3.2.2. Shifting Consumer Perception Regarding Pet Food And Pet Obesity
- 4. Key Analytics
- 4.1. Key Market Trends
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.4. Market Maturity Analysis
- 4.5. Market Concentration Analysis
- 4.6. Value Chain Analysis
- 4.6.1. Raw Material Supplier
- 4.6.2. Manufacturer
- 4.6.3. Distribution Channels
- 4.6.4. End-users
- 4.7. Key Buying Criteria
- 4.7.1. Product Type
- 4.7.2. Product Quality
- 4.7.3. Price
- 4.7.4. Brand
- 4.7.5. Packaging
- 5. Market By Food Type
- 5.1. Market By Food Type (By Content)
- 5.1.1. Dry Food
- 5.1.2. Wet Food
- 5.1.3. Other Food Types
- 5.2. Market By Food Type (By Animal)
- 5.2.1. Dog Pet Food
- 5.2.1.1. Wet Dog Food
- 5.2.1.2. Dry Dog Food
- 5.2.1.3. Treat & Mixes For Dogs
- 5.2.2. Cat Pet Food
- 5.2.2.1. Wet Cat Food
- 5.2.2.2. Dry Cat Food
- 5.2.2.3. Treat & Mixes For Cats
- 6. Market By Animal Type
- 6.1. Dog
- 6.2. Cat
- 6.3. Other Animal Types
- 7. Market By Distribution Channel
- 7.1. Store-based
- 7.2. Veterinary
- 7.3. E-commerce
- 7.4. Other Distribution Channels
- 8. Geographical Analysis
- 8.1. Asia-pacific
- 8.1.1. Market Estimates & Sizes
- 8.1.2. Asia-pacific Pet Food Market Drivers
- 8.1.3. Asia-pacific Pet Food Market Challenges
- 8.1.4. Asia-pacific Pet Food Market Regulatory Framework
- 8.1.5. Key Players
- 8.1.6. Country Analysis
- 8.1.6.1. China
- 8.1.6.1.1. China Pet Food Market Size & Opportunities
- 8.1.6.2. Japan
- 8.1.6.2.1. Japan Pet Food Market Size & Opportunities
- 8.1.6.3. India
- 8.1.6.3.1. India Pet Food Market Size & Opportunities
- 8.1.6.4. South Korea
- 8.1.6.4.1. South Korea Pet Food Market Size & Opportunities
- 8.1.6.5. Indonesia
- 8.1.6.5.1. Indonesia Pet Food Market Size & Opportunities
- 8.1.6.6. Thailand
- 8.1.6.6.1. Thailand Pet Food Market Size & Opportunities
- 8.1.6.7. Taiwan
- 8.1.6.7.1. Taiwan Pet Food Market Size & Opportunities
- 8.1.6.8. Australia & New Zealand
- 8.1.6.8.1. Australia & New Zealand Pet Food Market Size & Opportunities
- 8.1.6.9. Rest Of Asia-pacific
- 8.1.6.9.1. Rest Of Asia-pacific Pet Food Market Size & Opportunities
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Acquisitions
- 9.1.2. Product Launches & Developments
- 9.2. Company Profiles
- 9.2.1. Affinity Petcare Sa
- 9.2.1.1. Company Overview
- 9.2.1.2. Products List
- 9.2.1.3. Strengths & Challenges Analysis
- 9.2.2. Blue Buffalo Pet Products Inc
- 9.2.2.1. Company Overview
- 9.2.2.2. Products List
- 9.2.2.3. Strengths & Challenges Analysis
- 9.2.3. Champion Petfoods Lp
- 9.2.3.1. Company Overview
- 9.2.3.2. Products List
- 9.2.3.3. Strengths & Challenges Analysis
- 9.2.4. Diamond Pet Foods
- 9.2.4.1. Company Overview
- 9.2.4.2. Products List
- 9.2.4.3. Strengths & Challenges Analysis
- 9.2.5. Farmina Pet Foods
- 9.2.5.1. Company Overview
- 9.2.5.2. Products List
- 9.2.5.3. Strengths & Challenges Analysis
- 9.2.6. Freshpet Inc
- 9.2.6.1. Company Overview
- 9.2.6.2. Products List
- 9.2.6.3. Strengths & Challenges Analysis
- 9.2.7. Hill’s Pet Nutrition Inc
- 9.2.7.1. Company Overview
- 9.2.7.2. Products List
- 9.2.7.3. Strengths & Challenges Analysis
- 9.2.8. Inaba Foods Co Ltd
- 9.2.8.1. Company Overview
- 9.2.8.2. Products List
- 9.2.8.3. Strengths & Challenges Analysis
- 9.2.9. J M Smucker Company
- 9.2.9.1. Company Overview
- 9.2.9.2. Products List
- 9.2.10. Mars Petcare Ltd
- 9.2.10.1. Company Overview
- 9.2.10.2. Financial Analysis
- 9.2.10.3. Products List
- 9.2.10.4. Strengths & Challenges Analysis
- 9.2.11. Nestle Purina Petcare Ltd
- 9.2.11.1. Company Overview
- 9.2.11.2. Products List
- 9.2.11.3. Strengths & Challenges Analysis
- 9.2.12. Spectrum Brand Holdings Inc
- 9.2.12.1. Company Overview
- 9.2.12.2. Products List
- 9.2.12.3. Strengths & Challenges Analysis
- 9.2.13. Unicharm Corporation
- 9.2.13.1. Company Overview
- 9.2.13.2. Products List
- 9.2.13.3. Strengths & Challenges Analysis
- 9.2.14. Vitakraft Pet Care Gmbh & Co Kg
- 9.2.14.1. Company Overview
- 9.2.14.2. Products List
- 9.2.15. Wellness Pet Company
- 9.2.15.1. Company Overview
- 9.2.15.2. Products List
- 9.2.15.3. Strengths & Challenges Analysis
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