Wet Pet Food Market size is expected to be USD 23.28 billion in 2024 to USD 30.43 billion at a CAGR of 5.50 % throughout the outlook period 2024 to 2029.
The study shows that the Wet Pet Food Market has high demand in different regions of the world due to the increasing pet adoption and the owners’ focus on pet health.Wet pet food is the recent addition to the existing dry food products to domestic animals, which plays a vital role in animal health and bone and muscle development. The presence of 70% to 80% of water content in the food allows the animals to eat food without inhibition, resulting in quick absorption of required nutrients. They become an instant hit among pet owners, and the market is expected to skyrocket in the coming years.
The increasing adoption of pets in North American and European countries has created a vast market space for pet food manufacturers to develop new and exciting products to attract consumers. The rise in consumer disposable income has pushed them towards premium products that are rich in quality and offer the best nutritional values to domestic animals. The increasing demand for single and nuclear families rise the adoption of pets, which is promoting the market for different types of pet foods. On the contrary, the allergies caused due to the intake of certain ingredients among pets are acting as a significant restraint to the global wet pet food industry. Also, the lack of proper publicity for these products in developing nations limits the rapid expansion of the business.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
5.5 % |
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Segments Covered |
By Type, Application, And Region |
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Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Violife Foods, Daiya Foods, Tyne Chease Limited, Vtopian Artisan Cheese Company, Kite Hill, Miyoko’s Kitchen Company, Vermont Farmstead Company, Good Planet Foods, Follow Your Heart, Galaxy Nutritional Foods, Inc. |
The dog food segment accounted for the dominant share in the global wet pet food business in the previous years and is likely to continue its dominion in the forecast period. The increasing adoption of dogs for security in both residential and commercial applications, along with the availability of numerous products results in the highest demand for wet dog food across the globe.
The offline segment which comprises supermarkets/hypermarkets, convenience stores, and others accounts for the leading share in the world wet pet food market due to the various options available at a single place. However, with the increasing penetration of smartphones and the use of the internet, online retail stores are predicted to garner the highest growth rate and market revenue in the coming years.
The residential segment holds the leading position in the international marketplace with the adoption of dogs, cats, and others by single families in developed regions. The commercial sector is also anticipated to account for a considerable market share in the future, owing to the adoption of dogs for safety and security.
North America Wet Pet Food Market was dominating the global business and accounted for the highest market share in 2019. The presence of key market players, rising adoption of pets, consumer demand for more healthy pet foods, and other factors are promoting market expansion in North America. Europe Wet Pet Food Market is also showing a positive development owing to the rising living standards of the people that are allowing to spend more on pet health.
Nonetheless, the Asia-Pacific Wet Pet Food Market with countries such as China, India, Japan and South Korea is an emerging industry with a lot of growth potential. This local market has great potential for expansion of this business, particularly with the rising per capita spending and love towards domestic animals.
Key market players in Wet Pet Food Market are Nestlé,De Haan Petfood, WellPet LLC, Blue Buffalo Co. Ltd, Colgate-Palmolive, Evanger’s, Monge SPA, Sunshine Mills, C&D Foods, Darling Ingredients Inc, Harrington Foods, PetGuard, Spectrum Brands
In 2019, Tiki Pets, a leading gourmet pet food provider introduced three new wet pet food varieties for the dog, namely Tiki Dog Whole Foods, Tiki Dog Wildz, and Tiki Dog Hearty. These three variants are made without GMO products and animal by-products and include corn, wheat, soy as raw materials, along with preservatives and flavors.
By Type
By Application
By Region
Frequently Asked Questions
Wet pet food can be used as the primary diet for pets, but it's essential to consider factors such as the pet's age, breed, size, activity level, and any underlying health conditions. Some pets may require a combination of wet and dry food to meet their nutritional needs adequately.
Wet pet food should be stored in a cool, dry place away from direct sunlight. Once opened, unused portions should be refrigerated and consumed within a few days to prevent spoilage and bacterial growth. It's essential to follow the manufacturer's storage and feeding instructions to ensure food safety.
Yes, there are various types of wet pet food available, including pâtés, chunks in gravy or sauce, shredded varieties, and specialty formulations for specific dietary needs or preferences. Pet owners can choose from a wide range of flavors, protein sources, and textures to cater to their pet's preferences.
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