Market by Animal Type, Food Type, Distribution Channel, and Country Outlook | Forecast 2023-2030
As per the report by Triton Market Research, the pet food market in the Asia-Pacific is likely to develop with a CAGR of 9.67% during the forecast years between 2023 and 2030.
The countries scrutinized in this region include:
•
Australia & New Zealand
•
India
•
China
•
Japan
•
ASEAN Countries
•
South Korea
•
Rest of Asia-Pacific
China
leads the regional market, accounting for the highest revenue in 2022. The
growing focus on nutritional supplements with a natural product base is contributing
to the growth of the market in Asia. However,
the issues pertaining to raw materials’ supply post the pandemic are hindering
the market prospects in the region.
Organic products and
pet foods prepared with more natural ingredients are gaining popularity in
India. Consumers are adapting to the evolving pet health and wellness trends in
order to support their holistic development, as a result of increased knowledge
of animals’ nutritional requirements and the trend of pet humanization.
Therefore, the rising awareness of the overall benefits of organic foods is
anticipated to support the growth of the pet food market in the country.
With the growing emphasis
on pet nutrition and healthcare, the demand for pet food is expected to
continue growing rapidly in China over the projected period. The demand for high-protein
food will especially continue to benefit as a result of increased consumer knowledge
regarding their pets’ nutritional needs. Additionally, the market is expected
to be more diversified because of the cross-category and cross-industry shifts.
Pet product manufacturers are thus moving into the pet food market, and such
trends are expected to drive the studied market growth in China.
Wet food contains around
70% to 85% of water, which is mixed with dry ingredients. This type of food has
a rich, meaty aroma, and is largely preferred by cats. In the case of pets that
are unable to consume sufficient water throughout the day, wet food is a
suitable option that provides additional hydration owing to its high moisture
content.
Triton’s
report assesses the market based on food type, animal type, and distribution
channel. Here, the food type segment comprises wet
food, dry food, and other food types.
The
notable players in the pet food market include Hill’s Pet Nutrition Inc, Inaba
Foods Co Ltd, Blue Buffalo Pet Products Inc, Nestle Purina Petcare, and Diamond
Pet Foods.
Unicharm Corporation is
a well-known name in the field of pet care. Apart from pet care products, it is
also engaged in manufacturing and selling products for baby care and feminine hygiene.
Unicharm offers dog food products under the brands Silver Plate, Aiken Genki, Physicalife
Dog, and Best Balance. It also offers cat food products, under brands such as
Physicalife Cat, Gran Deli, and Neko Genki. Headquartered in Tokyo, Japan, the
company operates sales offices in various locations across the country. It also
operates three R&D units, including the Technical Center in Kagawa and
Petcare R&D departments, namely Itami and Shikoku.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2023-2030
·
Detailed
data highlighting key insights, industry components, and market strategies
·
Comprehensive
information and estimation of the pet food market revenue growth in Asia-Pacific
and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces Model
·
A
wide-ranging study of factors that will challenge the Asia-Pacific pet food
market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
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VIEW REPORT1. ASIA-PACIFIC
PET FOOD MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE PET FOOD MARKET
2.1.1. COVID-19
IMPACT ON THE PET FOOD MARKET
2.1.2. UKRAINE-RUSSIA
WAR IMPACT ON THE PET FOOD MARKET
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
MATURITY ANALYSIS
2.4. INDUSTRY
COMPONENTS
2.4.1. RAW
MATERIAL SUPPLIERS
2.4.2. MANUFACTURERS
2.4.3. DISTRIBUTION
CHANNELS
2.4.4. END-USERS
2.5. REGULATORY
FRAMEWORK
2.6. KEY
BUYING IMPACT ANALYSIS
2.6.1. PRODUCT
TYPE
2.6.2. PRODUCT
QUALITY
2.6.3. PRICE
2.6.4. BRAND
2.6.5. PACKAGING
2.7. KEY
MARKET STRATEGIES
2.7.1. PRODUCT
LAUNCHES
2.7.2. ACQUISITIONS
2.8. MARKET
DRIVERS
2.8.1. HIGH
DEMAND FOR PREMIUM AND ORGANIC PET FOOD
2.8.2. INCREASED
SPENDING ON PET FOOD
2.8.3. RISING
DEMAND FOR THERAPEUTIC PET FOOD
2.8.4. ESCALATING
GROWTH OF E-COMMERCE AS A DISTRIBUTION CHANNEL IN THE PET FOOD MARKET
2.9. MARKET
CHALLENGES
2.9.1. DECEPTIVE
CLAIMS BY MANUFACTURERS REGARDING INGREDIENTS LEADING TO PET OBESITY
2.9.2. PRODUCTION
AND SUPPLY CHAIN THREATS
2.10. MARKET
OPPORTUNITIES
2.10.1. DESIRE
FOR SUSTAINABLE AND VALUE-DRIVEN BRANDS
2.10.2. HUMANIZATION
OF PETS
2.10.3. GROWING
AWARENESS REGARDING THE HEALTH BENEFITS OF SUPPLEMENTS
2.10.4. GROWING
PET ADOPTION ACROSS THE GLOBE
2.11. ANALYST
PERSPECTIVE
3. ASIA-PACIFIC
PET FOOD MARKET OUTLOOK – BY ANIMAL TYPE
3.1. DOGS
3.1.1. WET
DOG FOOD
3.1.2. DRY
DOG FOOD
3.1.3. TREATS
& MIXES FOR DOGS
3.2. CATS
3.2.1. WET
CAT FOOD
3.2.2. DRY
CAT FOOD
3.2.3. TREATS
& MIXES FOR CATS
3.3. OTHER
ANIMAL TYPES
4. ASIA-PACIFIC
PET FOOD MARKET OUTLOOK – BY FOOD TYPE
4.1. WET
FOOD
4.2. DRY
FOOD
4.3. OTHER
FOOD TYPES
5. ASIA-PACIFIC
PET FOOD MARKET OUTLOOK – BY DISTRIBUTION CHANNEL
5.1. STORE-BASED
5.2. E-COMMERCE
5.3. VETERINARY
5.4. OTHER
DISTRIBUTION CHANNELS
6. ASIA-PACIFIC
PET FOOD MARKET – COUNTRY OUTLOOK
6.1. CHINA
6.1.1. CHINA
PET FOOD MARKET FORECAST & PROSPECTS
6.2. JAPAN
6.2.1. JAPAN
PET FOOD MARKET FORECAST & PROSPECTS
6.3. INDIA
6.3.1. INDIA
PET FOOD MARKET FORECAST & PROSPECTS
6.4. SOUTH
KOREA
6.4.1. SOUTH
KOREA PET FOOD MARKET FORECAST & PROSPECTS
6.5. ASEAN
COUNTRIES
6.5.1. ASEAN
COUNTRIES PET FOOD MARKET FORECAST & PROSPECTS
6.6. AUSTRALIA
& NEW ZEALAND
6.6.1. AUSTRALIA
& NEW ZEALAND PET FOOD MARKET FORECAST & PROSPECTS
6.7. REST
OF ASIA-PACIFIC
6.7.1. REST
OF ASIA-PACIFIC PET FOOD MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. BLUE
BUFFALO PET PRODUCTS INC
7.1.1. OVERVIEW
7.1.2. PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGE
7.2. CHAMPION
PETFOODS LP
7.2.1. OVERVIEW
7.2.2. PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGE
7.3. DIAMOND
PET FOODS
7.3.1. OVERVIEW
7.3.2. PORTFOLIO
7.3.3. KEY
STRENGTH
7.3.4. KEY
CHALLENGE
7.4. FARMINA
PET FOODS
7.4.1. OVERVIEW
7.4.2. PORTFOLIO
7.4.3. KEY
STRENGTH
7.4.4. KEY
CHALLENGE
7.5. HILL’S
PET NUTRITION INC
7.5.1. OVERVIEW
7.5.2. PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGES
7.6. INABA
FOODS CO LTD
7.6.1. OVERVIEW
7.6.2. PORTFOLIO
7.6.3. KEY
STRENGTH
7.6.4. KEY
CHALLENGE
7.7. MARS
PETCARE LTD
7.7.1. OVERVIEW
7.7.2. FINANCIAL
ANALYSIS
7.7.3. PORTFOLIO
7.7.4. KEY
STRENGTHS
7.7.5. KEY
CHALLENGE
7.8. NESTLE
PURINA PETCARE
7.8.1. OVERVIEW
7.8.2. PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGE
7.9. UNICHARM
CORPORATION
7.9.1. OVERVIEW
7.9.2. PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGE
7.10. WELLNESS
PET COMPANY
7.10.1. OVERVIEW
7.10.2. PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGE
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC
PET FOOD MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: REGULATORY
FRAMEWORK
TABLE 3: LIST OF
PRODUCT LAUNCHES
TABLE 4: LIST OF
ACQUISITIONS
TABLE 5: ASIA-PACIFIC
PET FOOD MARKET, BY ANIMAL TYPE, 2023-2030 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC
PET FOOD MARKET, BY DOGS, 2023-2030 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
PET FOOD MARKET, BY CATS, 2023-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
PET FOOD MARKET, BY FOOD TYPE, 2023-2030 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC
PET FOOD MARKET, BY DISTRIBUTION CHANNEL, 2023-2030 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC
PET FOOD MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: MARKET MATURITY ANALYSIS
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: ASIA-PACIFIC PET FOOD MARKET, BY ANIMAL TYPE, 2022 & 2030
(IN %)
FIGURE 5: ASIA-PACIFIC PET FOOD MARKET, BY DOGS, 2023-2030 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC PET FOOD MARKET, BY WET DOG FOOD, 2023-2030 (IN $
MILLION)
FIGURE 7: ASIA-PACIFIC PET FOOD MARKET, BY DRY DOG FOOD, 2023-2030 (IN $
MILLION)
FIGURE 8: ASIA-PACIFIC PET FOOD MARKET, BY TREATS & MIXES FOR DOGS,
2023-2030 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC PET FOOD MARKET, BY CATS, 2023-2030 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC PET FOOD MARKET, BY WET CAT FOOD, 2023-2030 (IN $
MILLION)
FIGURE 11: ASIA-PACIFIC PET FOOD MARKET, BY WET FOOD, 2023-2030 (IN $
MILLION)
FIGURE 12: ASIA-PACIFIC PET FOOD MARKET, BY TREATS & MIXES FOR CATS,
2023-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC PET FOOD MARKET, BY FOOD TYPE, 2022 & 2030
(IN %)
FIGURE 14: ASIA-PACIFIC PET FOOD MARKET, BY WET FOOD, 2023-2030 (IN $
MILLION)
FIGURE 15: ASIA-PACIFIC PET FOOD MARKET, BY DRY FOOD, 2023-2030 (IN $
MILLION)
FIGURE 16: ASIA-PACIFIC PET FOOD MARKET, BY OTHER FOOD TYPES, 2023-2030
(IN $ MILLION)
FIGURE 17: ASIA-PACIFIC PET FOOD MARKET, BY DISTRIBUTION CHANNEL, 2022
& 2030 (IN %)
FIGURE 18: ASIA-PACIFIC PET FOOD MARKET, BY STORE-BASED, 2023-2030 (IN $
MILLION)
FIGURE 19: ASIA-PACIFIC PET FOOD MARKET, BY E-COMMERCE, 2023-2030 (IN $
MILLION)
FIGURE 20: ASIA-PACIFIC PET FOOD MARKET, BY VETERINARY, 2023-2030 (IN $
MILLION)
FIGURE 21: ASIA-PACIFIC PET FOOD MARKET, BY OTHER DISTRIBUTION CHANNELS,
2023-2030 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC PET FOOD MARKET, COUNTRY OUTLOOK, 2022 & 2030
(IN %)
FIGURE 23: CHINA PET FOOD MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: JAPAN PET FOOD MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: INDIA PET FOOD MARKET 2023-2030 (IN $ MILLION)
FIGURE 26: SOUTH KOREA PET FOOD MARKET 2023-2030 (IN $ MILLION)
FIGURE 27: ASEAN COUNTRIES PET FOOD MARKET 2023-2030 (IN $ MILLION)
FIGURE 28: AUSTRALIA & NEW ZEALAND PET FOOD MARKET 2023-2030 (IN $
MILLION)
FIGURE 29: REST OF ASIA-PACIFIC PET FOOD MARKET 2023-2030 (IN $ MILLION)