Organic Pet Food Market Demand, Sales & Trends 2022
The global organic pet food market size was valued at $18.7 billion in 2021, and is projected to reach $29.2 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.There is a rise in popularity of organic pet food as a result of the greater humanization of pets and results high spending on pet products. Pet owners who buy organic products are adopting the same buying habits as people. They want clean label organic pet foods in order to avoid the negative effects of the synthetic and chemical ingredients included in commercial pet food.
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Leading Key Players:
The major players analyzed for the organic pet food industry are Avian Organics, Biopet Australia, Cargill, Diamond Pet Foods, Evanger’s Dog & Cat Food Company, Inc., Harrison’s Bird Foods, Hill’s Pet Nutrition, Lily’s Kitchen, Mars Inc., Natural Pet Food Group, Nestle, Newman’s Own, Oxbow Animal Health, Party Animal, and PetGuard. Key players operating in the organic pet food market have adopted product launch, business expansion, and mergers & acquisitions as key strategies to expand their organic pet food market share, increase profitability, and remain competitive in the market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the organic pet food market analysis from 2021 to 2031 to identify the prevailing organic pet food market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the organic pet food market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
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