Automatic and Smart Pet Feeder Global Market Report 2024

The automatic and smart pet feeder market size has grown rapidly in recent years. It will grow from $1.49 billion in 2023 to $1.72 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The expansion observed in the historic period can be attributed to several factors, including the increasing demand for convenience in pet care, the integration of smart pet feeders with IoT ecosystems, the multifunctionality offered by these devices, the influence of pet-centric media and entertainment, as well as the trend of pets living longer and the consequent rise in aging pets.

The automatic and smart pet feeder market size is expected to see rapid growth in the next few years. It will grow to $2.86 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The anticipated growth in the forecast period can be attributed to several factors, including the rising trend of pet ownership, the increasing adoption of smart home technology, the growing preference for convenience-driven lifestyles, the heightened awareness of pet health and nutrition, and the ongoing humanization of pets. Significant trends expected in the forecast period encompass the integration with IoT ecosystems, continuous product innovation and advancements, deeper integration with smart home ecosystems, the introduction of smart food dispensing sensors, as well as increased partnerships and collaborations within the pet industry.

The surge in pet ownership is anticipated to drive the expansion of the automatic and smart pet feeder markets in the foreseeable future. The increasing desire for pet companionship, coupled with a growing inclination towards viewing pets as integral members of the family, fuels the demand for pet ownership. Automatic and smart pet feeders offer convenient solutions for pet care responsibilities, streamlining the process of regular feeding and thereby making pet ownership more manageable and attractive to potential pet guardians. This convenience factor plays a pivotal role in encouraging individuals to consider adopting pets, consequently contributing to the overall rise in pet ownership rates. For example, data from the American Pet Products Association (APPA), a US-based non-profit organization, indicates a notable 11% increase in pet ownership in the United States in 2022 compared to the previous year. Thus, the escalating demand for pet ownership acts as a catalyst for the growth of the automatic and smart pet feeder markets.

Key players in the automatic and smart pet feeder market are dedicated to developing innovative products to maintain a competitive edge in the industry. One such example is the Petlibro Granary Automatic Pet Feeder, which automatically dispenses food for pets or livestock based on pre-set schedules. For instance, in April 2021, Petlibro, a US-based brand specializing in pet products, introduced the Petlibro Granary Automatic Pet Feeder, an affordable, automated feeding solution tailored for busy pet parents. Equipped with sensors to detect food levels and dispense the appropriate amount of food, this feeder may even monitor feeding patterns and behaviors. These sensors enable the feeder to operate autonomously, empowering pet owners with remote control and monitoring capabilities through smartphone applications or other interfaces.

In February 2024, Indutrade AB, a Swedish company renowned for its high-tech products and solutions aimed at optimizing customers' systems and processes, completed the acquisition of ATLINE for an undisclosed sum. This strategic acquisition is anticipated to bolster Indutrade's capacity to deliver cutting-edge solutions to its clientele, broaden its market footprint, and enhance overall operational efficiency and profitability. ATLINE, headquartered in Denmark, specializes in engineering and manufacturing robotic production equipment tailored for the pet food and animal feed sectors.

Major companies operating in the automatic and smart pet feeder market report are Pets at Home Group Plc, Godrej Agrovet Limited, Shenzhen Petlibro Pet Products Co. Ltd., Tuya Global Inc., Radio Systems Corporation, Hangzhou Tianyuan Pet Products Co. Ltd., Ceva Santé Animale, Automated Pet Care Products Inc., OurPets Company, Petwant Co. Ltd., Owon Technology Inc., Dogness (International) Corporation, Zesty Paws, Arf Pets, Anser Innovation LLC, Petcube Inc., Whistle Labs Inc., Petkit Ltd., Petoneer Limited, Encaya Corp., iFetch LLC, PetFusion LLC, Doskocil Manufacturing Co. Inc., Vet Innovations Inc.

North America was the largest region in the automatic and smart pet feeders market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic and smart pet feeder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automatic and smart pet feeder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Automatic and smart pet feeders represent cutting-edge devices engineered to streamline the pet feeding process. These gadgets are capable of dispensing food at predetermined intervals or on command, often incorporating advanced functionalities such as portion control, customizable feeding schedules, and remote accessibility via smartphone applications.

The primary products within the realm of automatic and smart pet feeders include automatic smart feeders and smart pet feeders. Automatic smart feeders are electronic contraptions devised to dispense pet food, catering to animals such as cats and dogs, in a controlled and scheduled manner. They serve various pets across different price ranges, including low-cost, mid-range, and high-end options. These feeders find application in diverse areas such as pet healthcare, communication and entertainment, pet owner convenience, and pet safety. They are typically distributed through online e-commerce platforms, hypermarkets or supermarkets, and pet care stores and clinics.

The automatic and smart pet feeder market research report is one of a series of new reports that provides automatic and smart pet feeder market statistics, including automatic and smart pet feeder industry global market size, regional shares, competitors with an automatic and smart pet feeder market share, detailed automatic and smart pet feeder market segments, market trends and opportunities, and any further data you may need to thrive in the automatic and smart pet feeder industry. This automatic and smart pet feeder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automatic and smart pet feeders market consists of revenues earned by entities by providing services such as scheduled feeding, portion control, notifications and alerts, and remote monitoring and control. The market value includes the value of related goods sold by the service provider or included within the service offering. The automatic and smart pet feeders market also includes sales of smart feeder, pet simply feed, microchip pet feeder, and pet kit automatic cat feeder. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.


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