COVID-19 Impact on Dog Food Market 2020: Industry Overview, Growth Rate, Trends, Opportunities and Forecast

The global dog food market size was worth US$ 53 Billion in 2019. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group. Dogs require a well-balanced diet to perform daily activities, build immunity and maintain their overall health. Currently, there is a rise in the demand for dog food across the globe as it provides proteins, carbohydrates, fats, vitamins and minerals. As a result, it aids in ensuring their oral health, maintaining appropriate weight and energy levels, and strengthening bones, muscles and teeth.

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Global Dog Food Market Trends

Owing to the trend of pet humanization and the rising influence of social media, there is an increase in the ownership of dogs across the globe. This, in confluence with the increasing awareness of their health, represents one of the key factors driving the global dog food market growth. Furthermore, the burgeoning e-commerce sector has led to the easy availability of dog food through online distribution channels, which offers convenience to pet owners. Besides this, several manufacturers operating in the industry are introducing innovations in their packaging, such as foldout labels, which is expected to propel the market growth in the coming years.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Market Segmentation

Performance of Key Regions

North America
Western Europe
Asia-Pacific
Latin America
Eastern Europe
Middle East & Africa

Market by Product Type

Dry Dog Food
Dog Treats
Wet Dog Food

Market by Pricing Type

Mass Products
Premium Products

Market by Ingredient Type

Animal Derived
Plant Derived

Market by Distribution Channel

Supermarkets and Hypermarkets
Specialty Stores
Online
Others

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Some of the major players operating in the industry include Mars Petcare, Inc., NESTLE SA (NSRGY), Hill’s Pet Nutrition, Procter & Gamble Co (NYSE: PG), and Del Monte Produce Inc. (NYSE:FDP).

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