Cat Food and Snacks Market

Cat Food and Snacks Market Overview

Cat food and snacks contain dietary nutrients that facilitate the overall growth and development of cats. Cats need an ample amount of protein to support their developing bodies as kittens and help in maintaining lean body mass as adults. The cat food products are a mixture of different ingredients, including vitamin A, C, D, and amino acids, and come in different flavors and texture with palatable taste. These food and snack products offer a complete balanced diet, support the immune system, and promote a shiny and healthy coat.

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Major Cat Food and Snacks Market Drivers

The primary factor contributing to the growth of the Global Cat Food and Snacks Market includes the growing concern regarding the health and hygiene of the cats at the global level. The young generation, especially millennials, have become more cautious about what type of food is perfect for their cats and are looking for a variety of food products with exceptional nutrient value. The pet food manufacturers are mainly focusing on product development to capture the changing demand of the customers. For instance, the key players are launching a wide variety of premium pet food products such as organic, natural, and gluten-free variants to expand their product portfolio. The continuous innovation in the pet food products will attract a large number of consumers towards the adoption of cat food and snack products as per their requirements. In addition to this, the increasing pet humanization and the growing trend of nuclear families are encouraging people to adopt a pet, which in turn, will fuel the demand of the market over the coming years. The growing awareness among cat owners regarding the nutritional benefits offered by the packed cat food products will encourage the consumers to opt for advanced cat food products across the globe. Moreover, the rising trend for innovative packaging solutions among manufacturers to preserve the quality of the food product will promote the adoption of packed pet food products across the globe. On the other hand, the rising regulatory restrictions in the pet food sector, implemented by various regulatory bodies such as FDA and AAFCO, will hamper the growth of the market during the forecast period.

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Based on the Product Type, the Global Cat Food and Snacks Market is segmented into Dry Cat Food, Wet Cat Food, Treats/Snacks, Veterinary Diets, and Organic Products. The Dry Cat Food segment is anticipated to lead the market during the forecast period owing to the rising awareness among pet owners about the remarkable benefits offered by dry cat food products. The dry cat food products are highly convenient, have a longer shelf life, easy to feed, and contain higher nutritional content.

Based on the Ingredient Type, the Global Cat Food and Snacks Market is segmented into Animal-derived, Plant-derived, Cereals and Cereal By-Products, and Other Ingredient Types. The animal-derived cat food products are expected to grow at a higher CAGR during the forecast period due to the increasing adoption of animal-derived cat food and snack products among the cat owners. Cats are carnivores and depend upon the animal flesh for their regular dietary needs as they are incapable of extracting nutrients from plant-based food materials. Moreover, the growing consumer awareness regarding the exceptional nutritional values offered by these food products will further complement the increasing demand for animal-derived food products across the globe.

Based on the Distribution Channel, the Global Cat Food and Snacks Market is segmented into Specialized Pet Food Shops, Supermarkets/Hypermarkets, and Online Stores. The Hypermarkets/Supermarkets segment is anticipated to lead the market during the forecast period owing to the easy availability of a wide range of brands with detailed product ingredients under one roof at attractive discount ranges. Moreover, the online stores are expected to grow at a higher CAGR during the forecast period due to the 24*7 access and easy comparison of product quality and prices before choosing the right product. The e-stores offer a vast variety of products along with easy payment options, free home delivery, and convenient return/exchange policies for their consumers. Moreover, the growing penetration of smartphones and the internet will further have a positive impact on the growing demand of online stores in the coming years.

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Regional – Segment Analysis

Based on the region, Asia-Pacific region is anticipated to lead the market during the forecast period owing to the increasing pet humanization and cat ownership, especially in the developing economies, including China, India, and Thailand. The emerging trend of private label store brands and the growing awareness regarding the benefits offered by the packed pet food products will encourage consumers towards the adoption of cat food and snack products across the Asian countries. In addition to this, the increasing population of cats and the growing trend of a pet as a status symbol will further drive the demand of the market over the coming years.

Top Market Players

Various notable players operating in the market include Nestlé, Mars, Hill’s Pet Nutrition, The J.M. Smucker Company, General Mills, Inc., WellPet LLC, PetGuard Holdings, LLC, Harringtons Pet Food, Schell & Kampeter, Inc., and Beaphar among others.

Key Developments:

• • In April 2019, Mars Petcare announced the launch of Kinship, a coalition to drive pet care innovations at the global level. Kinship will focus on building businesses in partnership with a diverse array of pet start-ups and industry collaborations.
  • In April 2019, Nestle Purina PetCare announced its partnership with Independent Vetcare Group International (IVC Group). The partnership aims to strengthen Nestle Purina’s collaboration with scientists, veterinarians, and pet care professionals to deliver advanced pet food solutions and exceptional pet care services.
  • In April 2018, General Mills, Inc. fully acquired Blue Buffalo Pet Products, Inc. with an enterprise value amounting to USD 8 billion. The acquisition will leverage new growth platforms and new product range in the pet food industry.

Segments covered in the Report:

The Global Cat Food and Snacks Market has been segmented based on product type, ingredient type, distribution channel, pricing type, and region. Based on product type, the market is segmented Dry Cat Food, Wet Cat Food, Treats/Snacks, Veterinary Diets, and Organic Products. Based on the ingredient type, the market is segmented into Animal-derived, Plant-derived, Cereals and Cereal By-Products, and Other Ingredient Types. Based on distribution channel, the market is segmented Specialized Pet Food Shops, Supermarkets/Hypermarkets, and Online Stores. Based on the Pricing Type, the market is segmented into Economy, Premium, and Super-premium.

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Key questions answered in this research report:

• • At what pace is the global cat food and snacks market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global cat food and snacks market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global cat food and snacks market?
  • Which type of product generated maximum revenues in 2019 and identify the most promising type of products during the forecast period?
  • What are the various types of ingredient of global cat food and snacks market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product Type, By Ingredient Type, By Distribution Channel, By Pricing Type, By region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Nestlé, Mars, Hill’s Pet Nutrition, The J.M. Smucker Company, General Mills, Inc., WellPet LLC, PetGuard Holdings, LLC, Harringtons Pet Food, Schell & Kampeter, Inc., and Beaphar among others.; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Cat Food and Snacks Market by Product Type

• • Dry Cat Food
  • Wet Cat Food
  • Treats/Snacks
  • Organic Products

Global Cat Food and Snacks Market by Ingredient Type

• • Animal-derived
  • Plant-derived
  • Cereal and Cereal By-Products
  • Other Ingredient Types

Global Cat Food and Snacks Market by Distribution Channel

• • Specialized Pet Food Shops
  • Supermarkets/Hypermarkets
  • Online Stores

Global Cat Food and Snacks Market by Pricing Type

• • Economy
  • Premium
  • Super-premium

Global Cat Food and Snacks Market by Region

• • North America Cat Food and Snacks Market (Option 1: As a part of the free 25% customization)

    • North America Cat Food and Snacks Market by Product Type
    • North America Cat Food and Snacks Market by Ingredient Type
    • North America Cat Food and Snacks Market by Distribution Channel
    • North America Cat Food and Snacks Market by Pricing Type
    • United States of America (US) Cat Food and Snacks Market All-Up
    • Canada All-Up Cat Food and Snacks Market All-Up

  • Europe Cat Food and Snacks Market (Option 2: As a part of the free 25% customization)

    • Europe Cat Food and Snacks Market by Product Type
    • Europe Cat Food and Snacks Market by Ingredient Type
    • Europe Cat Food and Snacks Market by Distribution Channel
    • Europe Cat Food and Snacks Market by Pricing Type
    • United Kingdom (UK) Cat Food and Snacks Market All-Up
    • Germany Cat Food and Snacks Market All-Up
    • France Cat Food and Snacks Market All-Up
    • Spain Cat Food and Snacks Market All-Up
    • Rest of Europe Cat Food and Snacks Market All-Up

  • Asia-Pacific Cat Food and Snacks Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Cat Food and Snacks Market by Product Type
    • Asia-Pacific Cat Food and Snacks Market by Ingredient Type
    • Asia-Pacific Cat Food and Snacks Market by Distribution Channel
    • Asia-Pacific Cat Food and Snacks Market by Pricing Type
    • China Cat Food and Snacks Market All-Up
    • India Cat Food and Snacks Market All-Up
    • Japan Cat Food and Snacks Market All-Up
    • Rest of APAC Cat Food and Snacks Market All-Up

  • ROW Cat Food and Snacks Market (Option 4: As a part of the free 25% customization)

    • ROW Cat Food and Snacks Market by Product Type
    • ROW Cat Food and Snacks Market by Ingredient Type
    • ROW Cat Food and Snacks Market by Distribution Channel
    • ROW Cat Food and Snacks Market by Pricing Type
    • Brazil Cat Food and Snacks Market All-Up
    • South Africa Cat Food and Snacks Market All-Up
    • Saudi Arabia Cat Food and Snacks Market All-Up
    • UAE Cat Food and Snacks Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Cat Food and Snacks Market All-Up

Global Cat Food and Snacks Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Nestlé
  • Mars
  • Hill’s Pet Nutrition
  • The J.M. Smucker Company
  • General Mills, Inc.
  • WellPet LLC
  • Schell & Kampeter, Inc.
  • Harringtons Pet Food
  • PetGuard Holdings, LLC
  • Beaphar