The Freeze Dried Pet Food Market is quickly growing, as a result of pet owners looking for more convenient and healthy answers. It is expected to reach $27.8 billion by 2032, driven by an increase in pet ownership and increased public awareness of pet health.
The need for healthier and more rational options among pet owners is driving a rapid expansion of the freeze-dried pet food business. This cutting-edge pet food market aims to maintain nutrition while providing a longer shelf life and convenient storage. The market is expanding due to rising pet ownership and consumer awareness of pet health.
By 2032, the global market for freeze-dried pet food is expected to have grown at a compound annual growth rate (CAGR) of 5.3% and be valued around US$ 27.8 billion.
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Over the past five years, pet owners have purchased more pet food due to the notable trend of pet humanization. The tendency toward pet rearing rather than pet ownership has been defined in part by the freeze-dried dog food industry.
Nearly 85 million families in America will own pets by 2022, with dogs making up the majority of those households. Because of the growing bond between dogs and their owners, consumers are being forced to spend more money on pet food. As worry for their pets’ health grows, freeze-dried food is becoming more and more popular among pet owners. Animals benefit from such diets since they are high in nutrients.
Nowadays, pet owners are searching for diets that offer their animals not just the necessary nutrition but also unique health benefits. Dog owners are more likely to spend more money on their pets’ food and offer a greater range of meals, including freeze-dried food, as pet humanization rises. Over the course of the assessment period, it is anticipated that demand for freeze-dried dog food will increase due to the growing trend of pet humanization.
Key Takeaways:
- Based on pet type, the dog segment is expected to account for over 50% of the total market share over the forecast period.
- In terms of nature, demand for organic freeze-dried pet food is slated to gain traction at a considerable pace.
- Animal derived freeze dried pet food is expected to hold a market share of over 40% in the forecast period
- Sales of freeze-dried pet food in the U.S. will increase at a 3.3% CAGR over the assessment period.
- Demand for freeze-dried pet food in Germany will grow at a 2.7% CAGR through 2032.
- The North America freeze dried pet food industry is expected to witness growth at a 5.9% during the forecast period.
“Rising advertising and endorsements by celebrities of pet health is likely to drive up demand and sales of freeze-dried pet food,” says a Future Market Insights analyst.
Competitive Landscape
Leading players operating in the global freeze-dried pet food market are investing in research and development to launch innovative and vegan freeze-dried food options. They are also investing in promotional strategies on social media channels to improve sales.
Some of the key manufacturers are Nature’s Variety, Kelly&Co’s, Ranova, Steve’s Real Food, Primal Pet Foods, TruPet, Wisconsin Freeze Dried, Stewart pet food, Canature Processing Ltd., Bravo, Others
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global Freeze Dried Pet Food industry, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
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Freeze Dried Pet Food Market by Category
By Pet Type:
- Cat
- Kitten
- Senior
- Dog
- Puppy
- Adult
- Senior
- Others
By Nature:
- Organic
- Conventional
By Source:
- Animal Derived
- Plant Derived
- Insect Derived
By Process Type:
- 100% freeze-dried
- Partly freeze-dried
By Sales Channel:
- Offline Sales Channel
- Supermarkets/Hypermarkets
- Pet Stores
- Convenience Store
- Other Sales Channel
- Online Sales Channel
- Company Website
- E-commerce Platform
Frequently Asked Questions
- How much is the freeze dried pet food industry currently worth?
- What is the anticipated market value of the freeze dried pet food industry by 2032 end?
- What is the freeze dried pet food industry outlook?
- Which region is expected to drive the demand for freeze dried pet food market?
- Who are the key players operating in the global freeze dried pet food market?
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