Raw Pet Food Market Growth and Restrain Factors Analysis Report

Raw Pet Food Market worth $ 16.87 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Raw Pet Food Market – (By Animal Type (Dogs, Cats, Others), By Food Type (Dry food, Wet food), By Sales Channel (Online, Offline)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Raw Pet Food Market is valued at US$ 7.48 Bn in 2023, and it is expected to reach US$ 16.87 Bn by 2031, with a CAGR of 10.8% during the forecast period of 2024-2031.

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Raw pet food diets mostly consist of uncooked meat, edible bones, and organs meant to replicate wild animal eating patterns. Raw feeding has become rather popular among pet owners who think it provides several health advantages, including better digestion, shinier coats, better skin, and higher energy levels. The demand for raw pet food is increasing, which is driving the growth of the worldwide market. Pet owners prefer raw pet food because it contains high-quality ingredients that have substantial health benefits. In addition, a rising number of pet owners are opting to provide their pets with nutritious, high-quality food as a result of rapid urbanization. This trend is fueling the growth of the worldwide raw pet food market. As individuals' disposable income increases, they are more inclined to invest in eco-friendly, healthy products and raw food for their pets. Strict rules will hinder the expansion of the market. Furthermore, the raw pet food industry is driven by owners spending more on premium, health-oriented food options as pets are progressively treated as family members, which is in line with the humanizing trend.

List of Prominent Players in the Raw Pet Food Market:

·???????? 3P Naturals

·????????4PAWSRAW

·???????? Big Dog Adhesives Australia Pty Ltd

·???????? CAGATAY PET FOOD

·????????Canada Raw

·???????? Dr?ger (Happy.Dream.Company CO. LTD.)

·???????? Natural Instinct Pet Food

·???????? Korea Pet Co., ltd.

·???????? Nature's Variety UAE

·???????? Organic Paws Pet Services

·???????? Wellness Pet Company

·???????? OSP Optimización de Servicios Petroleros

·???????? Primal Pet Foods

·???????? Small Batch Standard

·???????? Staughton Group

·???????? Stella & Chewy's

·???????? PEDIGREE PETFOODS LIMITED

·???????? ESSENTIAL FOODS

·???????? Friskies PetCare Company, Inc.

·???????? Royal Canin

·???????? Raw Paws Pet Food

·???????? Raw Basics LLC

Market Dynamics:

Drivers-

The growing demand for raw pet food is fueled by several factors, including the growing pet-related trend of humanization, in which people view their pets as members of the family and look for nutritious, high-quality meals for them, which is propelling the raw pet food industry forward. The raw components and safety of traditional pet raw food are a source of concern, and the growing understanding of the necessity of appropriate nutrition for pets is adding fuel to the market growth. Additionally, market growth is also helped by pet owners' boosting the ability to buy and propensity to invest in high-quality raw food items. The growing demand for pure and natural pet food options and the availability of specialized goods are major drivers propelling this market's growth.

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Challenges:

The main obstacles are food safety, high cost, strict regulations, and lack of customer awareness, which are predicted to slow the growth of the raw pet food market. Increased production expenses lead to premium pricing that some pet owners would find unaffordable. Another factor limiting the market growth of raw pet food is the need for more customer knowledge and scepticism regarding its benefits compared to traditional solutions. Furthermore, rigid safety and quality controls impose higher production costs and lengthen the time it takes to bring a product to market, which in turn slows down the growth of the market for raw pet food.

Regional Trends:

The North American raw pet food market is expected to report a prominent market share in revenue. It is anticipated to grow at a high CAGR in the near future due to increasing pet owners' knowledge of the positive impacts on their animals' health and the growing trend of pet humanization. The increasing number of pet-owning millennials is expected to support market expansion and accelerate the area's growth. Besides, Europe had a remarkable market share because residents are growing more worried about the health of their pets, particularly dogs and cats. An increasing proportion of pet owners are searching for quality raw foods for their animals. Because of the region's advanced pet care infrastructure, raw pet stores are relatively concentrated in European countries.

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Segmentation of Raw Pet Food Market-

By Animal Type-

·???????? Dogs

·???????? Cats

·???????? Others

By Food Type-

·???????? Dry food

·???????? Wet food

By Sales Channel-

·???????? Online

·???????? Offline

By Region-

?? North America (USA, and Canada)

? Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

? Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

? Latin America (Brazil, Mexico, and Rest of Latin America)

? Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

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