Market Data Forecast’s Post

Research from Mars Petcare reveals that around 57% of pet owners in the UK are open to switching their pet food to reduce its environmental impact. Thus, pet owners are keen on knowing the nutritional benefits and the accurate information of ingredients in pet food products. Amidst growing pet health concerns, there is a high demand for premium and organic pet food. This led the manufacturers to diversify their products by including natural ingredients. Want to know more about healthy pet food alternatives? Check out the carousel below! Moreover, with a rising trend in pet humanization, new opportunities are opening up for retailers and pet food brand owners to expand and innovate their products. This has spurred significant market growth. In fact, our analysis suggests that the United Kingdom pet food market is expected to grow at a CAGR of 1.20% and 2.12% in terms of volume and value over the forecast period 2022-2026. Need some latest insights about the pet food market in the UK? Refer to our report summary here or get a customized one: https://lnkd.in/geyTWNz8 . . . Mars #petfood #consumergoods #supplies #petcare #pethealth #naturalingredients #nutritiousfood #interestingfacts #marketresearch #tritonmarketresearch

Did you know pet food is responsible for 25–30% of the livestock sector’s environmental impacts in the US alone? 🤯🐕 For advocates of alternative proteins, it is becoming increasingly clear that we must look beyond solutions to human meat consumption; and what we feed our companion animals is also crucial. In addition to the significant benefits for the environment and farmed animals, a growing body of research shows that a nutritionally sound plant-based diet can be just as healthy, if not healthier, for dogs, and potentially cats too. Enter omnipetfood, a ProVeg Incubator start-up producing nutritionally complete plant-based kibble, wet-food cans and toppers, and the only plant-based pet food company in the UK with peer-reviewed scientific research supporting their products. 🌱 We sat down with co-founder and co-CEO Shiv Sivakumar to learn more about the challenges and opportunities in the alt-protein pet food industry and Omni’s plans to launch a cultivated pet food product. Watch the interview ➡️ https://bit.ly/3velrpO #ProVeg #Omni #PetFood

3 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐩𝐞𝐭 𝐟𝐨𝐨𝐝 𝐭𝐫𝐞𝐧𝐝𝐬, 𝐲𝐨𝐮 𝐬𝐡𝐨𝐮𝐥𝐝 𝐤𝐧𝐨𝐰! 🐶🐈   Global humanization trends and increasing pet populations continue to drive consistent growth across the pet care industry. In 2024, pet brands need to globalize and diversify their offerings to remain competitive. The APAC and LATAM regions are in the lead with higher-than-average CAGR compared to the rest of the world. (Source: Euromonitor: World Market for Pet Care, June 2023)   🧡  70% of owners consider their pets a family member. 💸  72% would not cut pet food expenses regardless of finances. 👫  65% of Millennials plan to acquire a pet by 2025.   𝐋𝐞𝐭 𝐮𝐬 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮 meet the demand for super-premium pet food. With flexible protein raw materials and our unique 𝐏𝐨𝐰𝐞𝐫𝐇𝐞𝐚𝐭𝐞𝐫™ 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲, you can create fibrous and healthy wet pet food with the desired functional ingredients. Develop and test your recipe with our Applications team in our state-of-the-art Test Center.   🚀 Reach out – to learn much more about your many product possibilities when utilizing our versatile technology. #PetfoodIndustry #Petfood #wetpetfood #Foodtech #PowerHeater #Foodinnovation

TRENDS | 🐾 Wet or Dry Petfood: Packages from reel or pre-made pouches suitable for rettortable processes. Polls show it very clear, every day more people feel that their pet is a valued member of their family. That’s why the industry for pet feeding is on constant expansion. Products in different presentations, flavours and textures, special nutrition for specific veterinary needs according to age or different disorders. Delicatessen whims increasingly selective.. An almost never ending range of choices, and still moving forward. Pet’s masters will buy only the best, so premium packages are a key condition to motivate the purchase and increase sales. As a consequence, there is a wide diversity of formats, with different sealing options like zipper to keep product fresh, and Eco-friendly packages to reduce waste and help environmental sustainability. The target is not only achieving an appealing, efficient, and cheap format, but also a safe package with full guarantees for the product to succeed in the market. Our associate EFFYTEC has implemented the newest developments to Pet Food sector to guarantee that part of success that depends on technology. That’s why their machines are present in the factory of most Pet Food producers worldwide and why many of the world’s top pet food manufacturers rely on Effytec’s solutions to ensure their packaging is a key driver of their success. 👉🏻 Want to see how? Watch the video to learn more. #BarcelonaPackagingHub #PetFoodPackaging #PackagingTrends

New data released by Zoomark International and the Italian Association for Pet Feeding and Care (ASSALCO) suggests that the pet food industry in #Italy was resilient in 2023 despite inflation as pet parents “absorbed price increases by safeguarding the quantities purchased.” https://lnkd.in/g3EyHJwu #petfoodsales #petfood #petfoodindustry #petindustry #inflation

India's pet food market is experiencing a rapid boom, fuelled by a growing pet population and the humanization of pets. As households with pets surged from 12.85 million in 2014 to over 25 million in 2023, the shift from home-cooked meals to commercial pet food is accelerating. Dominated by the dog food segment, the market is expanding to include cat food and products for birds and small mammals. With an estimated growth from ₹7,130 crore in 2024 to ₹15,685 crore by 2029, and the introduction of 1,139 new products since 2018, the future of pet nutrition in India is set for innovation and continued expansion. SEBI Research Analyst Registration No: INH000009843 Disclosures: https://lnkd.in/dangii9t . . #kamayakya #stockmarket #stockmarketindia #stockmarketinvesting #investors #investing #petindustry #petfood #indianeconomy #economicgrowth

📚🐾Whitepaper - Discover Omega-3 for Pet Food 🐾📚 Are you curious about the fascinating world of Omega-3 and its significant role in pet food? Look no further! We invite you to dive deeper into the subject by reading our whitepaper "Omega-3 and Pet Food: How to Increase Nutritional Benefits with a Low Carbon Pawprint." In this captivating whitepaper, we explore the following questions that pet owners and pet food manufacturers alike are eager to know: 🐾 Why is Omega-3 the most coveted pet food ingredient by 70% of American and European pet owners? 🐾 What makes Omega-3 such a valuable ingredient for promoting the health and wellness of our beloved pets? 🐾 Why are algae-based Omega-3 considered the most sustainable way to meet consumer demand? Prepare to be amazed as we unveil the secrets behind Omega-3's popularity and its positive impact on pets' overall health and wellbeing. Discover the remarkable benefits it offers and how pet food manufacturers can leverage this valuable ingredient to enhance their products. To access the whitepaper, simply click the link https://bit.ly/3vNV4Hf GlobalPETS (& PETS International magazine) #petfood #AlgaPrime #petnutrition #petingredients

🇳🇿 You can find Petmex Treats in New Zealand! We are pleased that our chews will delight the pets of New Zealand! This market is a window into East Asia, the region with the largest population, where demand for dog snacks is gradually growing. 🔎 Some facts about the pet food market in New Zealand: 🔺 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐚𝐧𝐝 𝐠𝐫𝐨𝐰𝐭𝐡 The New Zealand pet food market is expected to reach $0.47 billion by 2028, growing at a compound annual growth rate (CAGR) of 0.73% from its 2021 valuation 🔺 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐞-𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 The distribution landscape for pet food in New Zealand is evolving, with significant growth projected in e-commerce, pet shops, superstores, and veterinary clinics. Supermarkets and hypermarkets will continue to benefit from their widespread offline presence, although their product range is limited by shelf space. 🔺 𝐓𝐫𝐞𝐧𝐝 𝐨𝐟 𝐏𝐫𝐞𝐦𝐢𝐮𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 The New Zealand pet food market in 2024 is marked by a strong trend towards premiumization, with consumers increasingly opting for higher-quality and nutritionally superior pet food products despite economic challenges. 🔺 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐩𝐨𝐩𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐨𝐟 𝐬𝐦𝐚𝐥𝐥 𝐝𝐨𝐠 𝐛𝐫𝐞𝐞𝐝𝐬 Due to urbanization and economic uncertainty, many New Zealand consumers are opting for smaller dog breeds and other small pets, which require less space and resources. This trend is impacting the demand for dog food. #NewZealand #PetFood #Export #NaturalDogTreats #Petmex

🐾 Embracing the Love for Pets: The Growing Trend of Wet Pet Food in Indonesia 🐾 The Indonesia Wet Pet Food Market is on an upward trajectory, with a projected market size of USD 3.65 billion by 2030, driven by a CAGR of 14.65%. This growth is a testament to Indonesia's deep affection for their furry and feathery companions, fueling the demand for high-quality pet food. Pet owners in Indonesia are increasingly seeking premium wet food options for their beloved pets. The rise in pet ownership, increased spending power, and the trend of treating pets like family have led to a surge in the popularity of wet pet food. Key factors driving this demand include high-quality ingredients, variety, and convenience. Traditionally, supermarkets and hypermarkets have been the main distribution channels for pet food. However, online retailers and convenience stores are gaining ground, offering pet owners greater accessibility to a diverse range of wet pet food options. As the pet food market in Indonesia continues to flourish, there is an opportunity for brands to cater to the growing demand for premium wet pet food, providing pet owners with the best nutrition for their cherished companions. #PetFood #WetPetFood #IndonesiaPetMarket #PetWellness #PetLovers #PremiumPetFood #PetNutrition #CaringForPets #Peptido #Peptidopetfood #petfoodsupplies