Dry Food segment to Dominate the North America Vegan Pet Food Market during 2021-2028.
According to a new market research study on “North America Vegan Pet Food Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product Type, Pet Type, and Distribution Channel,” the market is expected to reach to US$ 6,485.86 million by 2028 from US$ 3,845.64 million in 2021. The market is estimated to grow at a CAGR of 7.8% from 2021 to 2028. The report provides trends prevailing in the North America vegan pet food market along with the drivers and restraints pertaining to the market growth. Growing number of pet owners, fostering humanize approach towards pets, and raising pet food fortification are the major factor driving the growth of the vegan pet food market. However, nutrient inadequacy related to vegan pet food hinder the growth of vegan pet food market.
The US in North America has the highest number of confirmed cases of COVID-19 among all key countries. This is likely to impact the overall animal feed industry in the region, including vegan pet food. The North American region is a significant contributor to the vegan pet food market. Owing to the rise in COVID-19 cases, various trade shows and conferences - which are a medium to share information related to pet health, product innovations, and trends in relevant markets; and help the companies to realign their strategies - have been postponed or canceled. Cancellations of these events have impacted the growth of the vegan pet food market indirectly.
North America vegan pet food market is segmented based on product type, pet type, and distribution channel. The North America vegan pet food market, based on product type, is segmented into dry food, wet food, and others. Dry food segment accounted for the highest share in the market in 2020 is expected to be fastest growing during forecast period. Based on pet type, is segmented into dogs and cats. The dogs segment accounted for the highest share in 2020 and is expected to be the fastest growing during forecast period. Based on distribution channel, is segmented into supermarkets and hypermarkets, specialty stores, online retail and others. The supermarkets and hypermarkets segment accounted for the highest share in 2020 and online retail segment is expected to be the fastest growing during forecast period.
Antos B.V.; V-dogs; Bond Pet Foods, Inc.; Wild Earth; Yarrah; and Halo Pets are among some of the leading companies in the North America vegan pet food market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive vegan pet food market.
According to a new market research study on “North America Vegan Pet Food Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product Type, Pet Type, and Distribution Channel,” the market is expected to reach to US$ 6,485.86 million by 2028 from US$ 3,845.64 million in 2021. The market is estimated to grow at a CAGR of 7.8% from 2021 to 2028. The report provides trends prevailing in the North America vegan pet food market along with the drivers and restraints pertaining to the market growth. Growing number of pet owners, fostering humanize approach towards pets, and raising pet food fortification are the major factor driving the growth of the vegan pet food market. However, nutrient inadequacy related to vegan pet food hinder the growth of vegan pet food market.
The US in North America has the highest number of confirmed cases of COVID-19 among all key countries. This is likely to impact the overall animal feed industry in the region, including vegan pet food. The North American region is a significant contributor to the vegan pet food market. Owing to the rise in COVID-19 cases, various trade shows and conferences - which are a medium to share information related to pet health, product innovations, and trends in relevant markets; and help the companies to realign their strategies - have been postponed or canceled. Cancellations of these events have impacted the growth of the vegan pet food market indirectly.
North America vegan pet food market is segmented based on product type, pet type, and distribution channel. The North America vegan pet food market, based on product type, is segmented into dry food, wet food, and others. Dry food segment accounted for the highest share in the market in 2020 is expected to be fastest growing during forecast period. Based on pet type, is segmented into dogs and cats. The dogs segment accounted for the highest share in 2020 and is expected to be the fastest growing during forecast period. Based on distribution channel, is segmented into supermarkets and hypermarkets, specialty stores, online retail and others. The supermarkets and hypermarkets segment accounted for the highest share in 2020 and online retail segment is expected to be the fastest growing during forecast period.
Antos B.V.; V-dogs; Bond Pet Foods, Inc.; Wild Earth; Yarrah; and Halo Pets are among some of the leading companies in the North America vegan pet food market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive vegan pet food market.
The report segments the North America Vegan Pet Food Market as follows:
North America Vegan Pet Food Market - By Product Type
- Dry Food
- Wet Food
- Others
North America Vegan Pet Food Market - By Pet Type
- Dogs
- Cats
North America Vegan Pet Food Market - By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
North America Vegan Pet Food Market - By Country
- US
- Canada
- Mexico
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America vegan pet food market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in North America vegan pet food market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the vegan pet food market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. North America Vegan Pet Food Market Landscape
5. North America Vegan Pet Food Market - Key Market Dynamics
6. North America Vegan Pet Food Market - Market Analysis
7. North America Vegan Pet Food Market Analysis - By Product Type
8. North America Vegan Pet Food Market Analysis - By Pet Type
9. North America Vegan Pet Food Market Analysis - By Distribution Channel
10. North America Vegan Pet Food Market - Country Analysis
11. Impact of COVID-19 on North America Vegan Pet Food Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- Halo Pets
- YARRAH
- Antos B.V.
- V-dogs
- Bond Pet Foods, Inc.
- Wild Earth
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 91 |
Published | July 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 3845.64 Million |
Forecasted Market Value ( USD | $ 6485.86 Million |
Compound Annual Growth Rate | 7.8% |
Regions Covered | North America |
No. of Companies Mentioned | 6 |