Asia Pacific (APAC) Pet Food Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the Asia Pacific (APAC) Pet Food Market

Asia Pacific (APAC) Pet Food Market has seen the latest developments which include the introduction of pet foods that are more digestible and enable the pet to absorb more nutrients and the pet requires less food per feeding. Because of their quality nutrients, these premium pet foods help to keep the pet’s skin and coat healthy and help avoid issues including food allergies, sensitive stomach, obesity & hip, and joint stiffness. Specially formulated premium pet foods can also help with conditions such as hairballs, urinary tract issues and oral diseases. Customers’ interest in natural formulations has encouraged companies to further expand their product mix by launching products with natural ingredients. Brands with formulas free of artificial colors and flavours are positively perceived in the market. Apart from the highly dominating pet food segment, there has been an increase in academic research in the development of pet healthcare segments.

Mergers and Acquisitions:

• In November 2020, Clearlake Capital Group, L.P. acquired WellPet LLC
• On July 6, 2021, American food firm General Mills announced it closed its $1.2 billion purchase of Tyson Foods’ pet treats business.
• In April 2021, J M Smucker announced that it had agreed to buy pet food company Ainsworth Pet Nutrition.

Asia Pacific (APAC) Pet Food Market Synopsis

The Asia-Pacific pet food market is growing owing to the increasing pet ownership in the region. The market is witnessing steady growth, over the past several years due to rising awareness of pets’ nutritional requirements, as improved healthcare leads to longer pet life expectancy.

According to 6Wresearch, Asia Pacific (APAC) Pet Food Market size is projected to witness substantial growth during 2019-25. The countries of Australia, Singapore, China, Japan, and South Korea are witnessing rising single populations and high divorce, due to which the urge to have a pet as a companion is soaring in the Asian countries, providing the necessary impetus to the Asia-Pacific pet food market. Additionally, Japan is by far the largest pet food market in the Asia-Pacific region with almost 91% of households consuming prepared pet foods.

Based on pet type, dog food dominates the market and holds around 50% share in the overall Asia-Pacific pet food market owing to the high adoption of dogs as pets in the region. Based on product types, dry pet food is witnessing huge demand as it is comparatively affordable, and convenient for storage, and feeding.

The Asia-Pacific pet food market report thoroughly covers the market by pet types, product types, ingredient types, distribution channels, and countries. The Asia-Pacific pet food market outlook report provides an unbiased and detailed analysis of the ongoing Asia-Pacific pet food market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Asia Pacific pet food market analyzed the different regions such as India, South Korea, Australia. The pet population is increasing day by day with a robust pace and companionship. The number of middle-class families adopting pets. There are many pet food markets companies such as Colgate-Palmolive Co, CTS Chemical Industries Ltd, Jm Smucker Co, Blackmores Ltd, Mars Inc, Nippon Pet Food Ltd, Central Garden And Pet Co, Alpintekh, Bavi Co Ltd, MPM Products Ltd, and others.

According to the report of the pet food market, the produced from plants and animals especially food for the pet provides essential nutrition to the pets. As per report records the rising of pet owners is preference the healthy and the best organic foods and new innovations and better functionality there are many key factors that going to affect the pet foods in the industry. The companies get encouraged by the further expansion of the product which is used by the customer’s interest in natural formulations of mix launching products including natural ingredients. The brands are formulas with free artificial colors and are positive in the market of pet food.

In the Asia Pacific, the pet food market is rising the disposable income growing to fuel primarily based on pet food. Due to the nuclear families, the trends keep pets in the trend. Increasing pets in the market that their food item will produce more based on the functionality of the food and the nutritional of the food will grow more in the Asia Pacific pet food market.

According to the market report, the Asia Pacific pet food market is based on the different distribution channels, food types, and categories by the pet. The report is analyzed deeply based on the pet food available in the market according to the different pets such as birds, Fish, dogs, and cats. On the basis of food, the type has been different categorized as wet food, treats, and snacks, dry food. The report involved the details of the food regarding different distribution channels for the food product.

The Asia pacific pet food market is anticipated to witness growth in the coming timeframe on the back of the increasing adoption of pets by the household is instigating the rising need for adequate nutrients for the growth of pets and is expected to drive the demand for pet food. Further on the basis of product type, wet pet food is anticipated to register high revenues in the coming years backed by enhanced taste and ease of digestion of pet food along with the increased preference of pets towards wet pet food. Additionally, rising transformation in the education system promoted by associations by keeping eliminating brutal behaviour towards pets coupled with an increasing adoption rate of street animals as pets would proliferate the growth of the Asia pacific pet food market in the upcoming six years.

Key Highlights of the Report:

• Asia-Pacific Pet food Market Overview
• Asia-Pacific Pet food Market Outlook
• Asia-Pacific Pet food Market Forecast
• Historical Data of Asia-Pacific Pet food Market Revenues & Volume for the Period 2015-2018
• Asia-Pacific Pet food Market Size and Asia-Pacific Pet food Market Forecast of Revenues & Volume, Until 2025
• Historical Data of Asia-Pacific Pet food Market Revenues and Volume, By Pet Types, for the Period 2015-2018
• Market Size & Forecast of Asia-Pacific Pet food Market Revenues and Volume, By Pet Types, Until 2025
• Historical Data of Asia-Pacific Pet food Market Revenues and Volume, By Product Types, for the Period 2015-2018
• Market Size & Forecast of Asia-Pacific Pet food Market Revenues and Volume, By Product Types, Until 2025
• Historical Data of Asia-Pacific Pet food Market Revenues and Volume, By Ingredient Types, for the Period 2015-2018
• Market Size & Forecast of Asia-Pacific Pet food Market Revenues and Volume, By Ingredient Types, Until 2025
• Historical Data of Asia-Pacific Pet food Market Revenues and Volume, By Distribution Channels, for the Period 2015-2018
• Market Size & Forecast of Asia-Pacific Pet food Market Revenues and Volume, By Distribution Channels, Until 2025
• Historical Data of Japan Pet food Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Japan Pet food Market Revenues and Volume, Until 2025
• Historical Data of China Pet food Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of China Pet food Market Revenues and Volume, Until 2025
• Historical Data of India Pet food Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of India Pet food Market Revenues and Volume, Until 2025
• Historical Data of Australia Pet food Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Australia Pet food Market Revenues and Volume, Until 2025
• Historical Data of Malaysia Pet food Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Malaysia Pet food Market Revenues and Volume, Until 2025
• Historical Data of Thailand Pet food Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Thailand Pet food Market Revenues and Volume, Until 2025
• Historical Data of Indonesia Pet food Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Indonesia Pet food Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• Asia-Pacific Pet food Market Price Trends
• Asia-Pacific Pet food Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Asia-Pacific Pet food Market Share, By Countries
• Asia-Pacific Pet food   Market Share, By Players
• Asia-Pacific Pet food Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Asia-Pacific pet food market report provides a detailed analysis of the following market segments:

By Pet Types:

• Dog
• Cat
• Birds
• Aquaria
• Others

By Product Types:

• Dry Pet Food
• Wet Pet food
• Canned Pet Food
• Snacks and Treats
• Others

By Ingredient Types:

• Animal Derived
• Plant-Derived
• Other ingredient types

By Distribution Channels:

• Wholesaler
• Specialized Pet shops
• Retailer
• Online
• Others

By Countries:

• Japan
• China
• India
• Australia
• Malaysia
• Thailand
• Indonesia
• Rest of Asia Pacific

Asia Pacific (APAC) Pet Food Market: FAQs