Dry Pet Food Market

The dry pet food market is a fast-changing sector driven by the increase in pet ownership, increase in disposable incomes, and consumers becoming more aware of animal nutrition and health. Such trends have prompted manufacturers to create new products that meet the specific needs of pets, such as hypoallergenic diets, grain-free feeds and diet foods for senior or fat animals.

Furthermore, the rise of online pet food retailers and subscription services has offered convenience and customization to pet owners. Drivers for this market include the desire for gourmet pet foods, humanization of companion animals and increasing rates of animal adoption. Meanwhile, prospects for further expansion exist in emerging markets like Asia-Pacific, where there is rapid growth in the number of people owning pets.

Recent developments show a shift from non-biodegradable packaging materials to sustainable, recyclable ones in terms of pet food packages, while distributors are increasingly concerned with accountability and clarity within supply chains. Another change observed in this market is an upswing in tailored personal products meant for specific dietary conditions/ preferences for individual pets.

The expansion of e-commerce platforms is transforming the way pet food is purchased, thereby influencing the Global Dry Pet Food Market Industry. Online shopping provides convenience and access to a wider variety of products, allowing consumers to compare prices and read reviews before making purchases. This shift has been accelerated by technological advancements and changing consumer behaviors. In 2024, the market's growth is supported by the increasing number of online retailers specializing in pet products. The e-commerce sector is likely to continue playing a pivotal role in the market's evolution, as it offers a seamless shopping experience for pet owners.

Innovation in product offerings is a significant driver of growth within the Global Dry Pet Food Market Industry. Manufacturers are continuously developing new formulations that cater to specific dietary needs, such as grain-free or hypoallergenic options. This focus on innovation not only attracts new customers but also retains existing ones who seek tailored solutions for their pets. The introduction of functional ingredients, such as probiotics and omega fatty acids, is becoming more prevalent, enhancing the nutritional profile of dry pet food. As a result, the market is expected to grow steadily, with a projected CAGR of 2.25% from 2025 to 2035.

The increasing trend of pet ownership globally is a primary driver for the Global Dry Pet Food Market Industry. As more households adopt pets, the demand for quality pet food rises correspondingly. In 2024, the market is projected to reach 29.5 USD Billion, reflecting the growing inclination of pet owners towards premium dry food options. This trend is particularly evident in urban areas where pet ownership rates have surged. The desire for healthier and more nutritious food for pets is influencing purchasing decisions, thereby propelling the market forward. The Global Dry Pet Food Market Industry is likely to benefit from this sustained growth in pet ownership.

The Global Dry Pet Food Market Industry is poised for substantial growth, with projections indicating a market size of 29.5 USD Billion in 2024 and an anticipated increase to 37.6 USD Billion by 2035. This growth trajectory suggests a robust demand for dry pet food, driven by various factors including rising pet ownership, health trends, and product innovation. The expected CAGR of 2.25% from 2025 to 2035 further underscores the market's potential for expansion. These figures reflect the evolving landscape of pet care and the increasing willingness of consumers to invest in high-quality pet food.

There is a notable shift towards health and wellness among pet owners, which significantly impacts the Global Dry Pet Food Market Industry. Consumers are increasingly seeking dry pet food that offers nutritional benefits, such as high protein content and natural ingredients. This trend aligns with the broader health consciousness observed in human food consumption. As a result, manufacturers are innovating to create products that cater to these preferences, potentially enhancing their market share. The emphasis on health and wellness is expected to contribute to the market's growth trajectory, with projections indicating a rise to 37.6 USD Billion by 2035.

Sustainability is becoming a crucial consideration for consumers in the Global Dry Pet Food Market Industry. Many pet owners are now prioritizing environmentally friendly products, prompting manufacturers to adopt sustainable practices in sourcing ingredients and packaging. This trend is indicative of a broader societal shift towards sustainability, which is influencing purchasing decisions. Companies that successfully implement eco-friendly initiatives may gain a competitive edge in the market. As the demand for sustainable pet food options grows, the Global Dry Pet Food Market Industry is likely to see an increase in sales, reflecting the changing values of consumers.

The Dry Pet Food Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to account for the largest revenue share of approximately 42.9% in 2023, with the market witnessing significant growth due to the increasing adoption of pets and the rising disposable income of pet owners in the region. Europe is the second-largest market for dry pet food, with a revenue share of approximately 32.2% in 2023.

The market in Europe is driven by the presence of a large number of pet owners and the growing popularity of premium pet food products.The APAC region is expected to register the highest CAGR of 3.7% during the forecast period, owing to the increasing pet ownership rates and the rising middle-class population in countries such as China and India. South America and MEA are expected to experience moderate growth in the dry pet food market due to the increasing awareness of pet care and the growing demand for premium pet food products in these regions.

Source Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Major players in the Dry Pet Food Market industry are constantly striving to gain a competitive edge by introducing innovative products and expanding their distribution channels. Leading Dry Pet Food Market players are investing heavily in research and development to create premium quality pet food that meets the evolving needs of pet owners. The Dry Pet Food Market is characterized by intense competition, with major players adopting various strategies such as mergers and acquisitions, partnerships, and collaborations to strengthen their market position.Mars, Incorporated is a leading player in the Dry Pet Food Market.

The company offers a wide range of dry pet food products under various brands, including Pedigree, Whiskas, and IAMS. Mars, Incorporated, has a strong presence and benefits from its extensive distribution network and brand recognition. The company focuses on providing high-quality pet food products that meet the nutritional needs of different pets. Mars, Incorporated also invests in pet care research and development to enhance its product offerings and maintain its competitive edge.Nestlé Purina Petcare is another major player in the Dry Pet Food Market.

The company offers a diverse portfolio of dry pet food products under brands such as Purina Pro Plan, Purina ONE, and Friskies. Nestlé Purina Petcare has a strong presence in North America and Europe and is expanding its reach in emerging markets. The company emphasizes innovation and product quality to cater to the evolving needs of pet owners. Nestlé Purina Pet Care also engages in strategic partnerships and acquisitions to strengthen its market position and expand its product offerings.