NEW YORK, Nov. 24, 2022 /PRNewswire/ — The fresh pet food market size in US is forecast to increase by USD 11177.6 million from 2022 to 2027, at a CAGR of 23.71{530e870c018efe4faeaf1650f5521f73bbd950ecc9f753be09e2bfdaa8245e82}, according to the recent market study by Technavio. The growth of the market will be driven by the expansions of fresh pet food vendors, increasing focus on promoting fresh pet foods in US, and the rising demand for human-grade fresh pet foods.
Technavio categorizes the fresh pet food market in US as a part of the packaged foods and meats market, which covers manufacturers or food processing vendors that are involved in food processing to eliminate microorganisms and extend shelf life.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including Arrow Reliance Inc., Artemis Pet Food Co., Carnivore Meat Co. LLC, Cooking4Canines, Fromm Family Foods LLC, Great American Dog Food Co., Havegard Farm Inc., JustFoodForDogs LLC, Mars Inc., My Perfect Pet Food Inc., NomNomNow Inc., Pauls Custom Pet Food LLC, Primal Pet Foods Inc., Rabbit Hole Hay Inc., and Raised Right Pets LP.
Key Benefits for Industry Players & Stakeholders –
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The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
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It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
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The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Expand operations in the future – To get requisite details, ask for a custom report.
Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
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One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
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Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
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Furthermore, market adoption rates for all regions have been covered.
Download the sample to get a holistic overview of the fresh pet food market in US by industry experts to evaluate and develop growth strategies.
The market is segmented by distribution channel (offline and online), product (dog food, cat food, and others), and material (fish, meat, vegetable, and others).
Segmentation by distribution channel (Inclusion/Exclusion)
The offline segment grew gradually by USD XXX million between 2017 and 2021. The offline distribution channel segment includes supermarkets and hypermarkets; pet specialty stores, pet clubs, and vet clinics; and convenience stores. These stores offer a wide collection of fresh pet foods from different brands and provide pet owners with a convenient option to select the required fresh pet food from various brands. They also provide opportunities for vendors to make in-store promotions of their fresh pet foods, which will help them attract more customers. Besides, the rising number of vet clinics and pet clubs are increasing the awareness of healthy pet food options such as fresh pet foods among consumers. All these factors are contributing to the growth of the offline distribution channel segment.
To get detailed insights about inclusions and exclusions, buy report!
Related Reports –
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Frozen and Freeze Dried Pet Food Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026 – size is estimated to increase by USD 2.06 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 10.41{530e870c018efe4faeaf1650f5521f73bbd950ecc9f753be09e2bfdaa8245e82}, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentations by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and MEA).
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Pet Food Market in Russia by Product and Type – Forecast and Analysis 2022-2026 – size is estimated to increase by USD 1.41 billion by 2026 with a progressing CAGR of 6.24{530e870c018efe4faeaf1650f5521f73bbd950ecc9f753be09e2bfdaa8245e82}, according to the recent market study by Technavio. The rising awareness of pet nutrition is one of the key factors driving the market growth.
What are the key data covered in fresh pet food market in US?
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CAGR of the market during the forecast period
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Detailed information on factors that will drive the growth of the fresh pet food market in US between 2022 and 2027
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Precise estimation of the size of the fresh pet food market in US and its contribution to the parent market
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Accurate predictions about upcoming trends and changes in consumer behavior
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Thorough analysis of the market’s competitive landscape and detailed information about vendors
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Comprehensive analysis of factors that will challenge the growth of fresh pet food market vendors in US
Fresh Pet Food Market in US Scope |
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Report Coverage |
Details |
Page number |
134 |
Base year |
2022 |
Historical year |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 23.71{530e870c018efe4faeaf1650f5521f73bbd950ecc9f753be09e2bfdaa8245e82} |
Market growth 2023-2027 |
USD 11177.6 million |
Market structure |
Fragmented |
YoY growth ({530e870c018efe4faeaf1650f5521f73bbd950ecc9f753be09e2bfdaa8245e82}) |
21.23 |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Arrow Reliance Inc., Artemis Pet Food Co., Carnivore Meat Co. LLC, Cooking4Canines, Fromm Family Foods LLC, Great American Dog Food Co., Havegard Farm Inc., JustFoodForDogs LLC, Mars Inc., My Perfect Pet Food Inc., NomNomNow Inc., Pauls Custom Pet Food LLC, Primal Pet Foods Inc., Rabbit Hole Hay Inc., and Raised Right Pets LP. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Distribution Channel
6 Market Segmentation by Product
7 Market Segmentation by Material
8 Customer Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
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SOURCE Technavio
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