Report Description
A recent market intelligence report that is published by Data Insights Partner on the global high protein dog food market makes an offering of in-depth analysis of segments and sub-segments in the regional and international market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global high protein dog food market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of the global market is offered. In accordance with the report, the high protein dog food market is projected to expand at a CAGR of 5.8% over the period of forecast.
Market Insight, Drivers, Restraints & Opportunity of the Market:
High protein dog food has a high biological value and includes the best sources of protein that are easily digested by dogs. A high protein diet in dogs induces weight loss and maintains lean muscles as compared to high carbohydrate and low protein diet. The Association of American Feed Control Operators (AAFCO) has stated that dog food for adults should contain at least 18 per cent animal protein and puppies may need even more. The high protein dog foods contain at least 30 per cent animal protein.
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The key driver of this market is the “humanisation” of dog foods, i.e., our pet dogs’ diets are evolving in the line of human preferences. The global trend of veganism is now extended to the canine members of the family and these high protein dog foods are now focused on being plant-based while maintaining nutritional value. Awareness among pet-parents has raised the demand for “premiumisation” as well. These high protein dog foods are expanding to grain-free and gourmet variants while being nutrient-rich and environment-friendly.
The main restraint that is stopping growth in the industry is the steady debate whether dogs really need high protein diets. Dogs are omnivores and need a balanced diet. High amounts of protein can lead to kidney diseases. Vetenarians suggest it is smarter to look for quality of protein in dog food rather than quantity. Maintaining quality of protein along with plant-based sources at certain reasonable price point is challenging. New research and subsequent threat from product substitutes also stunts growth of the industry.
High protein dog food is boon to canine-lovers as they deliver meat-level protein in a low-maintenance form. It helps maintain weight and muscles, it is a treat for senior and rescue dogs. It is increasingly popular among canine athletes due to its ability of muscle recovery and growth due to presence of abundant amino acids. High protein dog foods cover all bases from puppies to gestating dogs.
Segment Covered:
This market intelligence report on the high protein dog foods market is segmented based on form, grade, end user, and country/regions.
Generally, the high protein dog food market is segregated into
By form, the high protein dog food market is also classified into,
By country/region, the high protein dog food market has been divided into
.
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
Other players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as high protein dog food market related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter's five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Salient Features:
Ø This study offers comprehensive yet detailed analysis of high protein dog food market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the market of high protein dog food is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Purina, Nature’s Logic, Holistic Select and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for pet food processing caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for the market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies has been taken into consideration before coming to a conclusion.
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the high protein dog food market
v Identification of key factors driving investment opportunities in the high protein dog food market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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