Canada Pet Food Industry is expected to grow with a CAGR of 5.3% from 2021 - 2027
According to the research Fish and Cats account for more than 8 Million of the total pet population, whereas Dogs account for more than 7 Million for the year 2020. Cats and dogs remain the primary focus of the pet food industry as tropical and other pet's likes, fish, indoor birds, small mammals, including guinea pigs, rabbit's ferrets and rodents, are not as popular amongst Canadian pet owners. Nevertheless, there is less interest in unusual pets, leading to slow but stable market growth in retail sales in other pet food. Growth in pet populations, ownerships, and pet food retail sales domestically and internationally allows Canadian pet food producers to maintain and increase their presence and distinct brand image within domestic and global markets.
Dog Food has the Highest Pet Food Market in Canada
Based on Food types, Dog food was the leading pet food with retail sales. Despite Cat population and ownership levels are more extensive than that of dogs. As pets' appropriate healthcare and nutrition are of primary concern, owners often seek pet food; treat containing more ingredients and proteins. Canadian pet owners are willing to spend on beauty products or accessories, such as toys and clothing, and personalized products and technology such as GPS trackers and smart dog houses.
Dry dog food was the largest market in total dog food sales. Dog treats and mixers attained growth and are expected to increase in the forecast period as owners offer their pet's snacks. Whilst premiumization continues to drive growth, Canadian cat owners are value-conscious and less willing to pay a higher price for cat food than dog owners paying for dog food. Go! Solutions company launched Carnivore, a newly repositioned collection of protein-rich kibble for cats, formerly known as Go! Fit + Free.
Canada Pet Food Market Size was US$ 3.34 Billion in 2021
Canada Pet food market was distributed primarily through store-based retail channels, while the remaining pet food sales were distributed via e-commerce and Veterinary clinics. With the emergence of covid-19 and more at-home living and working, e-commerce increased its distribution channel in 2020. The top five pet food companies in Canada are J.M Smucker, Blue Buffalo, Mars Incorporated, Nestle Purina Pet Food and Colgate-Palmolive Co.
This latest report “Canada Pet Food Market, By Animal Type (Dog Pet Food, Cat Pet Food and Others Pet Food [Bird, Fish $ Small Mammals/Reptiles]), Dog Pet Food (Dry Dog Food, Wet Dog Food and Dog Treats and Mixers Food), Cat Pet Food (Dry Cat Food, Wet Cat Food and Cat Treats and Mixers Food), Distribution Channels (Store-based Retailing, Online and Veterinary Clinics), Companies (J.M Smucker, Blue Buffalo, Mars Incorporated, Nestle Purina Pet Food and Colgate-Palmolive Co)” provides a detailed analysis of Canada Pet Food Industry.
Animal Type - Pet Food Market has been covered from 3 viewpoints:
1. Dog Pet Food
2. Cat Pet Food
3. Other Pet Food
- Bird Pet Food
- Fish Pet Food
- Small Mammals $ Reptiles Pet Food
Dog Pet Food has been further sub-segmented from 3 viewpoints:
1. Dry Dog Food
2. Wet Dog Food
3. Dog Treats and Mixers
Cat Pet Food has been further sub-segmented from 3 viewpoints:
1. Dry Dog Food
2. Wet Dog Food
3. Dog Treats and Mixers
Dry & Wet Pet Food has been further sub-segmented from 3 viewpoints:
1. Economy Food
2. Mid-Priced Food
3. Premium Food
Distribution Channels - Canada Pet Food Market has been further segmented from 3 viewpoints:
1. Store-based Retailing
2. Online
3. Veterinary Clinics
Company Insights:
- Overview
- Recent Development
- Financial Sales
Company Covered:
1. J.M Smucker
2. Blue Buffalo
3. Mars Incorporated
4. Nestle Purina Pet Food
5. Colgate-Palmolive Co.
Table of Contents
Companies Mentioned
- J.M Smucker
- Blue Buffalo
- Mars Incorporated
- Nestle Purina Pet Food
- Colgate-Palmolive Co.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 165 |
| Published | January 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 3.34 Billion |
| Forecasted Market Value ( USD | $ 4.56 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Canada |
| No. of Companies Mentioned | 5 |
