Vegan Pet Food Market
Vegan Pet Food Market Forecasts to 2028 – Global Analysis By Pet Type (Cats, Dogs), Product (Wet Food, Dry Food), Distribution Channel (Specialty Stores, Supermarkets and Hypermarkets, Online Retail) and By Geography
According to Stratistics MRC, the Global Vegan Pet Food Market is accounted for $8,667.97 million in 2020 and is expected to reach $18,179.02 million by 2028 growing at a CAGR of 9.7% during the forecast period. Factors such as growing number of pet owners, rising disposable income, and increasing awareness regarding pet health are driving the growth of the market. However, nutrient deficiency associated with vegan pet food is hampering the growth of the market.
Vegan pet food is made with plant-based and natural ingredients without having any animal derived raw materials thereby ensuring no cruelty or exploitation of animals. It is healthy and easy to digest, which makes it more desirable than ordinary pet food.
Based on the product, the dry food segment is anticipated to expand at a rapid pace during the forecast period owing to its low moisture content and longer shelf life. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the development of new and innovative products by the manufacturers in the region.
Some of the key players profiled in the Vegan Pet Food Market include Bond Pet Foods, Inc, Vegan4dogs, Antos B.V., V-dog, Isoropimene Zootrofe Georgios Tsappis Ltd, Wild Earth, Soopa Pets, Benevo, Halo Pets, and YARRAH.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 8,667.97 million |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
9.7% |
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Predicted 2028 Value: |
USD 18,179.02 million |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
70 |
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Chapters Covered: |
Pet Type, Product, Distribution Channel, and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Pet Types Covered:
• Cats
• Dogs
Products Covered:
• Wet Food
• Dry Food
Distribution Channels Covered:
• Specialty Stores
• Supermarkets and Hypermarkets
• Online Retail
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Vegan Pet Food Market is majorly driven by the growing number of pet owners, rising disposable income, and increasing awareness regarding pet health.
The dogs segment is growing at a highest CAGR as they are the most popular pets among the pet owners worldwide and vegan pet food helps them in managing their weight.
Europe dominated with a significant market share due to the easy availability of vegan pet food products as vegan products are is becoming more popular in the region.
Asia Pacific market is growing at a highest CAGR owing to the development of innovative products by the manufacturers in the region.
Key players in Vegan Pet Food Market include Bond Pet Foods, Inc, Vegan4dogs, Antos B.V., V-dog, Isoropimene Zootrofe Georgios Tsappis Ltd, Wild Earth, Soopa Pets, Benevo, Halo Pets, and YARRAH.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Vegan Pet Food Market, By Pet Type
5.1 Introduction
5.2 Cats
5.3 Dogs
6 Global Vegan Pet Food Market, By Product
6.1 Introduction
6.2 Wet Food
6.3 Dry Food
7 Global Vegan Pet Food Market, By Distribution Channel
7.1 Introduction
7.2 Specialty Stores
7.3 Supermarkets and Hypermarkets
7.4 Online Retail
8 Global Vegan Pet Food Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Bond Pet Foods, Inc
10.2 Vegan4dogs
10.3 Antos B.V.
10.4 V-dog
10.5 Isoropimene Zootrofe Georgios Tsappis Ltd
10.6 Wild Earth
10.7 Soopa Pets
10.8 Benevo
10.9 Halo Pets
10.10 YARRAH
List of Tables
1 Global Vegan Pet Food Market Outlook, By Region (2019-2028) ($MN)
2 Global Vegan Pet Food Market Outlook, By Pet Type (2019-2028) ($MN)
3 Global Vegan Pet Food Market Outlook, By Cats (2019-2028) ($MN)
4 Global Vegan Pet Food Market Outlook, By Dogs (2019-2028) ($MN)
5 Global Vegan Pet Food Market Outlook, By Product (2019-2028) ($MN)
6 Global Vegan Pet Food Market Outlook, By Wet Food (2019-2028) ($MN)
7 Global Vegan Pet Food Market Outlook, By Dry Food (2019-2028) ($MN)
8 Global Vegan Pet Food Market Outlook, By Distribution Channel (2019-2028) ($MN)
9 Global Vegan Pet Food Market Outlook, By Specialty Stores (2019-2028) ($MN)
10 Global Vegan Pet Food Market Outlook, By Supermarkets and Hypermarkets (2019-2028) ($MN)
11 Global Vegan Pet Food Market Outlook, By Online Retail (2019-2028) ($MN)
12 North America Vegan Pet Food Market Outlook, By Country (2019-2028) ($MN)
13 North America Vegan Pet Food Market Outlook, By Pet Type (2019-2028) ($MN)
14 North America Vegan Pet Food Market Outlook, By Cats (2019-2028) ($MN)
15 North America Vegan Pet Food Market Outlook, By Dogs (2019-2028) ($MN)
16 North America Vegan Pet Food Market Outlook, By Product (2019-2028) ($MN)
17 North America Vegan Pet Food Market Outlook, By Wet Food (2019-2028) ($MN)
18 North America Vegan Pet Food Market Outlook, By Dry Food (2019-2028) ($MN)
19 North America Vegan Pet Food Market Outlook, By Distribution Channel (2019-2028) ($MN)
20 North America Vegan Pet Food Market Outlook, By Specialty Stores (2019-2028) ($MN)
21 North America Vegan Pet Food Market Outlook, By Supermarkets and Hypermarkets (2019-2028) ($MN)
22 North America Vegan Pet Food Market Outlook, By Online Retail (2019-2028) ($MN)
23 Europe Vegan Pet Food Market Outlook, By Country (2019-2028) ($MN)
24 Europe Vegan Pet Food Market Outlook, By Pet Type (2019-2028) ($MN)
25 Europe Vegan Pet Food Market Outlook, By Cats (2019-2028) ($MN)
26 Europe Vegan Pet Food Market Outlook, By Dogs (2019-2028) ($MN)
27 Europe Vegan Pet Food Market Outlook, By Product (2019-2028) ($MN)
28 Europe Vegan Pet Food Market Outlook, By Wet Food (2019-2028) ($MN)
29 Europe Vegan Pet Food Market Outlook, By Dry Food (2019-2028) ($MN)
30 Europe Vegan Pet Food Market Outlook, By Distribution Channel (2019-2028) ($MN)
31 Europe Vegan Pet Food Market Outlook, By Specialty Stores (2019-2028) ($MN)
32 Europe Vegan Pet Food Market Outlook, By Supermarkets and Hypermarkets (2019-2028) ($MN)
33 Europe Vegan Pet Food Market Outlook, By Online Retail (2019-2028) ($MN)
34 Asia Pacific Vegan Pet Food Market Outlook, By Country (2019-2028) ($MN)
35 Asia Pacific Vegan Pet Food Market Outlook, By Pet Type (2019-2028) ($MN)
36 Asia Pacific Vegan Pet Food Market Outlook, By Cats (2019-2028) ($MN)
37 Asia Pacific Vegan Pet Food Market Outlook, By Dogs (2019-2028) ($MN)
38 Asia Pacific Vegan Pet Food Market Outlook, By Product (2019-2028) ($MN)
39 Asia Pacific Vegan Pet Food Market Outlook, By Wet Food (2019-2028) ($MN)
40 Asia Pacific Vegan Pet Food Market Outlook, By Dry Food (2019-2028) ($MN)
41 Asia Pacific Vegan Pet Food Market Outlook, By Distribution Channel (2019-2028) ($MN)
42 Asia Pacific Vegan Pet Food Market Outlook, By Specialty Stores (2019-2028) ($MN)
43 Asia Pacific Vegan Pet Food Market Outlook, By Supermarkets and Hypermarkets (2019-2028) ($MN)
44 Asia Pacific Vegan Pet Food Market Outlook, By Online Retail (2019-2028) ($MN)
45 South America Vegan Pet Food Market Outlook, By Country (2019-2028) ($MN)
46 South America Vegan Pet Food Market Outlook, By Pet Type (2019-2028) ($MN)
47 South America Vegan Pet Food Market Outlook, By Cats (2019-2028) ($MN)
48 South America Vegan Pet Food Market Outlook, By Dogs (2019-2028) ($MN)
49 South America Vegan Pet Food Market Outlook, By Product (2019-2028) ($MN)
50 South America Vegan Pet Food Market Outlook, By Wet Food (2019-2028) ($MN)
51 South America Vegan Pet Food Market Outlook, By Dry Food (2019-2028) ($MN)
52 South America Vegan Pet Food Market Outlook, By Distribution Channel (2019-2028) ($MN)
53 South America Vegan Pet Food Market Outlook, By Specialty Stores (2019-2028) ($MN)
54 South America Vegan Pet Food Market Outlook, By Supermarkets and Hypermarkets (2019-2028) ($MN)
55 South America Vegan Pet Food Market Outlook, By Online Retail (2019-2028) ($MN)
56 Middle East & Africa Vegan Pet Food Market Outlook, By Country (2019-2028) ($MN)
57 Middle East & Africa Vegan Pet Food Market Outlook, By Pet Type (2019-2028) ($MN)
58 Middle East & Africa Vegan Pet Food Market Outlook, By Cats (2019-2028) ($MN)
59 Middle East & Africa Vegan Pet Food Market Outlook, By Dogs (2019-2028) ($MN)
60 Middle East & Africa Vegan Pet Food Market Outlook, By Product (2019-2028) ($MN)
61 Middle East & Africa Vegan Pet Food Market Outlook, By Wet Food (2019-2028) ($MN)
62 Middle East & Africa Vegan Pet Food Market Outlook, By Dry Food (2019-2028) ($MN)
63 Middle East & Africa Vegan Pet Food Market Outlook, By Distribution Channel (2019-2028) ($MN)
64 Middle East & Africa Vegan Pet Food Market Outlook, By Specialty Stores (2019-2028) ($MN)
65 Middle East & Africa Vegan Pet Food Market Outlook, By Supermarkets and Hypermarkets (2019-2028) ($MN)
66 Middle East & Africa Vegan Pet Food Market Outlook, By Online Retail (2019-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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