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The global cat food market reached a value of nearly US$ 31.6 Billion in 2018. Cats are considered naturally independent animals and require minimal supervision. Looking forward, the market is projected to reach a value of more than US$ 36.5 Billion by 2024, registering a CAGR of 2.4% during 2019-2024.
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3. Report DescriptionReport Description and Highlights
Global Cat Food Market Overview:
According to the report by IMARC Group, titled “Cat Food Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2019-2024” the global cat food market reached a value of nearly
US$ 31.6 Billion in 2018. Cats are considered naturally independent animals as require minimal
supervision. Owing to this, they have proven to be an ideal pet for people who reside in smaller spaces
or lead a busy lifestyle. As cats are obligate-carnivorous animal, they mostly rely on animal-based
products for optimal health. On account of this, cat food majorly includes animal proteins including
taurine and arginine along with essential fatty acids, fiber, lipo- and hydro-soluble vitamins, and
minerals such as sodium, magnesium, iodine, zinc, iron, etc. In the near future, cat adoption in
developed regions is expected to increase which will give a boost to the overall cat food sales.
Cat Food Market Trends
Nowadays, cat owners are more aware about the health and wellness of their cars on account of which
they take note of the ingredients in cat food and are shifting towards good-quality products. This is one
of the primary factors which is driving the growth of the cat food market. In addition, manufactures are
introducing innovative cat food products in terms of flavours, colors, and packaging sizes.
4. Report DescriptionReport Description and Highlights
120.2
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inMillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
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InMillionUS$
Apart from this, premium cat food is expected to gain traction over the forecast period on account
of an increase in urbanization and disposable incomes across the globe. However, the availability
of homemade and raw cat food posed a significant threat to the growth of the global cat food
market, particularly in the emerging regions. Looking forward, the market is projected to reach a
value of more than US$ 36.5 Billion by 2024, registering a CAGR of 2.4% during 2019-2024.
5. Report DescriptionReport Description and Highlights
These innovations cater to the rising demand for different varieties of cat food and treats, in turn,
propelling the market growth.
Key Market Segmentation:
Market Segmentation by Product Type
• Dry Cat Food
• Cat Treats
• Wet Cat Food
The cat food market has been segmented on the basis of different types of food products available for
consumer which mainly include dry cat food, cat treats and wet cat food. Amongst these, dry cat food
is majorly preferred premium products.
Market Segmentation by Pricing Type
• Mass Products
• Premium Products
6. Report Description
Report Description and Highlights
On the basis of pricing, mass cat food products represent the largest segment, followed by premium
products.
Market Segmentation by Ingredient Type
• Animal Derivatives
• Plant Derivatives
Based on the ingredients, the market has been segregated into animal-derived and plant derived
Segments. Currently, animal-derived ingredients account for the majority of the market share as cats
are obligate-carnivores, and therefore, cannot digest plant-based ingredients easily.
Market Segmentation by Region
• North America
• Western Europe
• Asia Pacific
• Eastern Europe
• Latin America
7. Report DescriptionReport Description and Highlights
• Middle East and Africa
On a regional basis, North America represents the largest market for cat food, holding the majority of
the market share. This can be attributed to the emerging trend of pet humanization as well as
socioeconomic and demographic shifts in the regions which has further given a rise to cat ownership.
North America is followed by Western Europe, Asia Pacific, Latin America, Eastern Europe, and Middle
East and Africa.
Market Segmentation by Distribution Channel
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Others
At present, there are various means through which owners can obtain the desired food products for
their cats including supermarkets/hypermarkets, specialty stores, online stores, and others. Amongst
these, supermarkets & hypermarkets are the most common channel used by consumers to purchase
cat food.
8. Report DescriptionReport Description and Highlights
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
• Mars Inc
• Del Monte Foods, Inc
• The Colgate-Palmolive Company,
• Nestle Purina
• PetCare Company
• Blue Buffalo Co, Ltd
• The Procter and Gamble Company
• CANIDAE Pet Foods
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10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients