The increasing adoption of smart washing machines and automated detergent dispensers is transforming the way consumers approach fabric care.
Consumer Goods & Services
Compassionate feeling towards pet as a family is engaging the pet owners to provide nutritious food for pets with a personalized approach.
To provide sufficient nutrition to the pets and to enhance their well-being and health, pet owners are ready to spend more money on their pets. Pet food is one of the largest segments in the pet care market. Change in lifestyle, which has changed people’s attraction for pets to become a pet owner. The pet owners consider pets as family members and are ready to pay for high priced pet food. Due to people having a lack of time they provide their pets with packaged food, ready to eat food, dry food, canned food that are made to provide all the nutrition the pet needs. There has been increasing demand for organic, healthy, and nutritious food for the pet as compared to the ordinary pet foods to make the pets healthy and to get them free from diet insufficiency, various allergies, diseases, obesity, etc. The increasing trend of humanization and premiumization has increased the share of pet food. Innovative products from the companies have let the pet owners opt for better and healthier food products for pets. The pet food market has been dominated by the top three regions such as North America, Europe & Asia-Pacific due to increasing pet adaption in these regions.
According to the report, “Global Pet Food Market Outlook, 2027” published by Bonafide Research, the market was valued around USD 142 Billion in 2021 which is anticipated to reach USD 195 Billion by 2027. Further, the CAGR is projected to be more than 5% for 2022-2027. Nowadays the pet owners have more awareness about pet food products, which have let them, ensure about the ingredients used in the products. The ingredients used for pet foods are usually the protein source that is required for the pet’s health. These ingredients are in the form of animal derivative, plant derivatives, cereals derivative, etc. out of these forms of foods, the most widely used derivative is the animal-based derivative which includes protein enriched food forms such as chicken, lamb, fish meal, etc. However, the interest in plant-based pet foods has increased as the pet owners are being intended to provide their pets with non-meat food products. Over the years, we can expect plant-based foods to hold a huge market share. People are now more aware of the ingredients in their pet food than ever before due to major concerns over various diseases that can happen due to unhygienic food or transmission through animal-derived foods. With organic and natural becoming the popular choice in human food, pet owners want the same for their beloved pets.
The pet food market is expanding rapidly due to increasing pet ownership and rising awareness about pet nutrition and well-being. Pet parents are seeking high-quality, nutritious, and functional pet food options that cater to their pets’ specific dietary needs. Premium and organic pet foods, enriched with proteins, vitamins, and essential nutrients, are gaining popularity. The demand for grain-free, raw, and human-grade pet food is also increasing, reflecting the trend of natural and holistic pet diets. With the rise of e-commerce and specialty pet stores, consumers have easier access to customized and specialty pet food products. The pet healthcare market is witnessing growth due to increased awareness about preventive healthcare, vaccinations, and veterinary treatments. Pet owners are investing in supplements, probiotics, and functional treats to improve their pets’ immunity, digestion, and joint health. Advances in veterinary medicine, diagnostics, and pet insurance are further boosting the sector. Additionally, the growing acceptance of telemedicine and online veterinary consultations has made pet healthcare more accessible. As more people consider pets as family members, the emphasis on preventive and therapeutic healthcare solutions continues to drive market demand.
The pet accessories market is thriving as pet owners seek comfort, safety, and entertainment for their pets. This category includes collars, leashes, harnesses, beds, clothing, feeding bowls, and travel accessories. Fashionable and personalized pet products, such as customized ID tags and designer pet apparel, are becoming increasingly popular. The demand for eco-friendly and sustainable pet accessories, made from biodegradable and recycled materials, is also rising. As pet humanization trends continue to grow, owners are investing in smart accessories, such as GPS trackers and automatic feeders, to enhance their pets’ lifestyle and safety. The pet grooming market is expanding as more pet owners recognize the importance of hygiene, coat health, and overall well-being. This segment includes shampoos, conditioners, brushes, nail clippers, and grooming wipes. Professional grooming services are also in demand, especially in urban areas where pet salons and mobile grooming vans offer specialized treatments such as spa baths, fur styling, and dental care. The growing preference for natural and organic grooming products, free from harsh chemicals, is shaping the industry. Additionally, pet owners are investing in at-home grooming tools for convenience and cost-effectiveness.
The dog food market is the largest segment in pet food, driven by increasing dog ownership and demand for high-quality, balanced nutrition. Owners seek protein-rich, grain-free, and breed-specific diets to cater to their pets’ unique dietary needs. The rise of premium, organic, and functional dog food with added benefits, such as joint support, skin health, and weight management, has fueled growth. With busy lifestyles, many owners prefer convenient, ready-to-eat, and customized meal plans for their dogs, boosting demand for subscription-based pet food services. The cat food market is growing steadily due to rising cat ownership and increasing awareness about feline nutrition. Cat owners prefer high-protein diets with real meat, grain-free options, and functional ingredients to support their pets’ health. The demand for wet and canned food is particularly high, as it provides hydration and essential nutrients. Additionally, specialized diets for indoor cats, senior cats, and cats with food sensitivities are gaining popularity. The trend of raw and freeze-dried cat food is also emerging, catering to owners who want minimally processed, natural diets for their pets.
The fish food market is expanding as more people adopt fish as pets for aquariums and decorative purposes. Fish food products range from pellets, flakes, freeze-dried, and live food to cater to different species’ dietary needs. The demand for high-protein, color-enhancing, and immune-boosting fish food is increasing, as hobbyists seek to maintain vibrant colors and optimal health in their fish. The growth of marine and freshwater fishkeeping, including exotic fish species, has further boosted the market. The bird food market caters to both pet birds and wild birds, with growing demand for nutrient-rich seed mixes, pellets, and fortified treats. Owners prefer species-specific diets that include vitamins, minerals, and essential fatty acids to support their birds’ plumage, energy, and immune health. With the rising trend of backyard bird feeding, sales of wild bird food, suet cakes, and nectar for hummingbirds are also increasing. This category includes food for small mammals (rabbits, hamsters, guinea pigs), reptiles, and exotic pets. Specialized diets, such as high-fiber hay for rabbits, insect-based food for reptiles, and protein-rich diets for ferrets, are becoming more popular. As pet ownership of non-traditional pets grows, manufacturers are developing tailored nutrition solutions for various species.
Dry pet food is the most popular choice due to its convenience, affordability, and long shelf life. It helps maintain dental health by reducing plaque buildup and is easy to store and portion. Dry kibble formulations are evolving to include grain-free, protein-rich, and functional ingredients that support pet health. Wet pet food is favored for its high moisture content, palatability, and nutritional value. It is particularly beneficial for cats, senior pets, and pets with dental issues, as it provides hydration and essential nutrients. Premium canned foods with real meat, fish, and added vitamins are gaining popularity. The snacks and treats market is growing as pet owners use them for training, rewarding, and dental health. Functional treats, such as calming chews, probiotic treats, and dental sticks, are in high demand. The trend of natural, organic, and human-grade treats is also shaping this segment. This category includes freeze-dried, raw, dehydrated, and fresh pet food options. Owners looking for customized, minimally processed diets prefer these alternatives. With increasing interest in species-appropriate and holistic diets, this segment is expected to expand further.
According to the report, “Global Pet Food Market Outlook, 2027” published by Bonafide Research, the market was valued around USD 142 Billion in 2021 which is anticipated to reach USD 195 Billion by 2027. Further, the CAGR is projected to be more than 5% for 2022-2027. Nowadays the pet owners have more awareness about pet food products, which have let them, ensure about the ingredients used in the products. The ingredients used for pet foods are usually the protein source that is required for the pet’s health. These ingredients are in the form of animal derivative, plant derivatives, cereals derivative, etc. out of these forms of foods, the most widely used derivative is the animal-based derivative which includes protein enriched food forms such as chicken, lamb, fish meal, etc. However, the interest in plant-based pet foods has increased as the pet owners are being intended to provide their pets with non-meat food products. Over the years, we can expect plant-based foods to hold a huge market share. People are now more aware of the ingredients in their pet food than ever before due to major concerns over various diseases that can happen due to unhygienic food or transmission through animal-derived foods. With organic and natural becoming the popular choice in human food, pet owners want the same for their beloved pets.
The pet food market is expanding rapidly due to increasing pet ownership and rising awareness about pet nutrition and well-being. Pet parents are seeking high-quality, nutritious, and functional pet food options that cater to their pets’ specific dietary needs. Premium and organic pet foods, enriched with proteins, vitamins, and essential nutrients, are gaining popularity. The demand for grain-free, raw, and human-grade pet food is also increasing, reflecting the trend of natural and holistic pet diets. With the rise of e-commerce and specialty pet stores, consumers have easier access to customized and specialty pet food products. The pet healthcare market is witnessing growth due to increased awareness about preventive healthcare, vaccinations, and veterinary treatments. Pet owners are investing in supplements, probiotics, and functional treats to improve their pets’ immunity, digestion, and joint health. Advances in veterinary medicine, diagnostics, and pet insurance are further boosting the sector. Additionally, the growing acceptance of telemedicine and online veterinary consultations has made pet healthcare more accessible. As more people consider pets as family members, the emphasis on preventive and therapeutic healthcare solutions continues to drive market demand.
The pet accessories market is thriving as pet owners seek comfort, safety, and entertainment for their pets. This category includes collars, leashes, harnesses, beds, clothing, feeding bowls, and travel accessories. Fashionable and personalized pet products, such as customized ID tags and designer pet apparel, are becoming increasingly popular. The demand for eco-friendly and sustainable pet accessories, made from biodegradable and recycled materials, is also rising. As pet humanization trends continue to grow, owners are investing in smart accessories, such as GPS trackers and automatic feeders, to enhance their pets’ lifestyle and safety. The pet grooming market is expanding as more pet owners recognize the importance of hygiene, coat health, and overall well-being. This segment includes shampoos, conditioners, brushes, nail clippers, and grooming wipes. Professional grooming services are also in demand, especially in urban areas where pet salons and mobile grooming vans offer specialized treatments such as spa baths, fur styling, and dental care. The growing preference for natural and organic grooming products, free from harsh chemicals, is shaping the industry. Additionally, pet owners are investing in at-home grooming tools for convenience and cost-effectiveness.
The dog food market is the largest segment in pet food, driven by increasing dog ownership and demand for high-quality, balanced nutrition. Owners seek protein-rich, grain-free, and breed-specific diets to cater to their pets’ unique dietary needs. The rise of premium, organic, and functional dog food with added benefits, such as joint support, skin health, and weight management, has fueled growth. With busy lifestyles, many owners prefer convenient, ready-to-eat, and customized meal plans for their dogs, boosting demand for subscription-based pet food services. The cat food market is growing steadily due to rising cat ownership and increasing awareness about feline nutrition. Cat owners prefer high-protein diets with real meat, grain-free options, and functional ingredients to support their pets’ health. The demand for wet and canned food is particularly high, as it provides hydration and essential nutrients. Additionally, specialized diets for indoor cats, senior cats, and cats with food sensitivities are gaining popularity. The trend of raw and freeze-dried cat food is also emerging, catering to owners who want minimally processed, natural diets for their pets.
The fish food market is expanding as more people adopt fish as pets for aquariums and decorative purposes. Fish food products range from pellets, flakes, freeze-dried, and live food to cater to different species’ dietary needs. The demand for high-protein, color-enhancing, and immune-boosting fish food is increasing, as hobbyists seek to maintain vibrant colors and optimal health in their fish. The growth of marine and freshwater fishkeeping, including exotic fish species, has further boosted the market. The bird food market caters to both pet birds and wild birds, with growing demand for nutrient-rich seed mixes, pellets, and fortified treats. Owners prefer species-specific diets that include vitamins, minerals, and essential fatty acids to support their birds’ plumage, energy, and immune health. With the rising trend of backyard bird feeding, sales of wild bird food, suet cakes, and nectar for hummingbirds are also increasing. This category includes food for small mammals (rabbits, hamsters, guinea pigs), reptiles, and exotic pets. Specialized diets, such as high-fiber hay for rabbits, insect-based food for reptiles, and protein-rich diets for ferrets, are becoming more popular. As pet ownership of non-traditional pets grows, manufacturers are developing tailored nutrition solutions for various species.
Dry pet food is the most popular choice due to its convenience, affordability, and long shelf life. It helps maintain dental health by reducing plaque buildup and is easy to store and portion. Dry kibble formulations are evolving to include grain-free, protein-rich, and functional ingredients that support pet health. Wet pet food is favored for its high moisture content, palatability, and nutritional value. It is particularly beneficial for cats, senior pets, and pets with dental issues, as it provides hydration and essential nutrients. Premium canned foods with real meat, fish, and added vitamins are gaining popularity. The snacks and treats market is growing as pet owners use them for training, rewarding, and dental health. Functional treats, such as calming chews, probiotic treats, and dental sticks, are in high demand. The trend of natural, organic, and human-grade treats is also shaping this segment. This category includes freeze-dried, raw, dehydrated, and fresh pet food options. Owners looking for customized, minimally processed diets prefer these alternatives. With increasing interest in species-appropriate and holistic diets, this segment is expected to expand further.
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