Market Forecast By Type (Dry Food, Wet Food, Snacks/Treats), By Animal (Dog, Cat, Others) And Competitive Landscape
Product Code: ETC4990903 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The New Zealand Pet Food market report thoroughly covers the market by type and by animal. The report provides an unbiased and detailed analysis of the on-going 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.
The New Zealand pet food market is growing on account of rising population, rising urbanization, changing habits, and rising disposable incomes of people in the country. Moreover, the demand for organic and premium food products is also expected to increase in the years to come as consumers become more aware of the health benefits associated with healthy pet food products.
According to 6Wresearch, the New Zealand Pet Food market size is projected to grow at a CAGR of 7.1% during 2025-2031. The growth is predominantly constrained by various factors such as increasing pet ownership, rising disposable income, increase g population as well as changing attitudes towards pets. Further, several factors are driving the growth of pet food market such as the burgeoning trend of pet humanization is playing a crucial role, as pet owners increasingly treat their pets like family members, leading to a higher demand for premium, nutritious, and specialized pet food. Moreover, the growing premiumization coupled with an increase in the demand for enhanced quality of pet food is anticipated to benefit the pet food market. However, rising prices of raw materials due to the high initial and maintenance costs of pet food products, the competition from alternative products, and the cultural and religious barriers to dog ownership, which may limit the market potential. Despite these challenges, the market seems to witness sound growth over the years.
Mars Petcare, Nestlé Purina PetCare, Hill's Pet Nutrition and General Mills are some of the primary companies operating in the New Zealand Pet Food market. Moreover, companies have also invested heavily in promoting the benefits of branded pet food over traditional home-cooked meals for pets. This has aided in changing the perception of consumers towards packaged pet food, which was once considered a luxury item. Additionally, some of these players hold substantial New Zealand Pet Food market share. Moreover, companies are going for acquisitions and partnerships to enhance their productivity.
The government in New Zealand has introduced several initiatives aimed at enhancing the productivity and food security. Moreover, the New Zealand Fund for Arab Economic Development and the International Fund for Agricultural Development (IFAD) have made collaborations with several organizations to manage food security standards in the country. Further, these initiatives have further boosted the New Zealand Pet Food market revenues. Moreover, the government is also offering various tax incentives to produce better quality food through technological innovation and implementing sustainable farming practices. The government is also concentrating to enhance domestic production and reduce dependencies on imports from other countries.
The Pet Food Market in New Zealand is likely to witness substantial growth over the years. The growth will be supported by rising pet ownership rates as well as changing attitudes of owners towards pets. Further, the players are constantly concentrating to expand their marketing strategies as well as distribution networks to enhance their market reach. The market has also witnessed proliferation of online distribution platforms in recent years as they are cost effective and saves time. Additionally, premiumization is a major trend observed in the market. The companies are offering healthy and better quality organic food products in the market.
According to Ravi Bhandari, Research Head, 6Wresearch, the dry pet food type is projected to grow over the coming years. Dry pet food market is projected to see remarkable growth in the coming years due to its convenience, longer shelf life, and cost-effectiveness. Dry pet food options are also easy to store, making them a preferred choice for many pet owners.
The dog’s category holds major chunk of the revenues in the overall pet food market in the country. The growth is supported by increasing pet ownership rates and the growing demand for premium and specialized products.
The report offers a comprehensive study of the subsequent market segments -
13 Disclaimer
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Pet Food Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Pet Food Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Pet Food Market - Industry Life Cycle |
3.4 New Zealand Pet Food Market - Porter's Five Forces |
3.5 New Zealand Pet Food Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Pet Food Market Revenues & Volume Share, By Animal, 2021 & 2031F |
4 New Zealand Pet Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 New Zealand Pet Food Market Trends |
6 New Zealand Pet Food Market Segmentations |
6.1 New Zealand Pet Food Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Pet Food Market Revenues & Volume, By Dry Food, 2021-2031F |
6.1.3 New Zealand Pet Food Market Revenues & Volume, By Wet Food, 2021-2031F |
6.1.4 New Zealand Pet Food Market Revenues & Volume, By Snacks/Treats, 2021-2031F |
6.2 New Zealand Pet Food Market, By Animal |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Pet Food Market Revenues & Volume, By Dog, 2021-2031F |
6.2.3 New Zealand Pet Food Market Revenues & Volume, By Cat, 2021-2031F |
6.2.4 New Zealand Pet Food Market Revenues & Volume, By Others, 2021-2031F |
7 New Zealand Pet Food Market Import-Export Trade Statistics |
7.1 New Zealand Pet Food Market Export to Major Countries |
7.2 New Zealand Pet Food Market Imports from Major Countries |
8 New Zealand Pet Food Market Key Performance Indicators |
9 New Zealand Pet Food Market - Opportunity Assessment |
9.1 New Zealand Pet Food Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Pet Food Market Opportunity Assessment, By Animal, 2021 & 2031F |
10 New Zealand Pet Food Market - Competitive Landscape |
10.1 New Zealand Pet Food Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Pet Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |