ASIA-PACIFIC PET FOOD MARKET FORECAST 2023-2032
The Asia-Pacific pet food market growth is anticipated to progress at a CAGR of 9.45% during the forecast period, 2023-2032, and is set to garner a revenue of $45540.09 million by 2032.
ASIA-PACIFIC PET FOOD MARKET FORECAST 2023-2032
Asia-Pacific Pet Food Market by Food Type (Market by Food Type (Dry Food, Wet Food, Other Food Types), Market by Food Type (Dog Pet Food, Cat Pet Food)) Market by Animal Type (Dog, Cat, Other Animal Types) Market by Distribution Channel (Store-based, Veterinary, E-commerce, Other Distribution Channels) by Geography
The Asia-Pacific pet food market growth is anticipated to progress at a CAGR of 9.45% during the forecast period, 2023-2032, and is set to garner a revenue of $45540.09 million by 2032.
The pet food market growth in Asia-Pacific is attributed to the surging prioritization of supplements and nutrition and an increasing preference for natural products. However, the Asia-Pacific pet food market growth is hindered by the disrupted raw material supply.
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The Asia-Pacific pet food market growth analysis includes the assessment of Indonesia, India, Australia & New Zealand, South Korea, Thailand, Taiwan, Japan, China, and Rest of Asia-Pacific. In China, pet care is projected to offer growth opportunities with growing healthcare and nutrition priorities. Also, pet product producers are providing one-stop solutions. In addition, eminent market players from other industries, like consumer appliances and snacks, are targeting pet care. This is estimated to add variety to the pet care market with innovative products and business models. Besides, the 2018 pet food regulations are set to revolutionize domestic brands. Additionally, quality products from domestic players are increasingly accepted by consumers in the country.
Further, e-commerce is the largest channel in China with regard to pet care. The e-commerce segment’s growth is benefited from the decreasing share of offline channels due to the moving away of traditional non-grocery markets from city centers, given the hygiene issues and rent pressures. Besides, online platforms have witnessed robust growth in pet care sales, encompassing established retailers like JD and Tmall and third-party delivery services providers like Eleme and Meituan that offer instant delivery. Moreover, companies are increasingly participating in sales promotion and online branding through short videos and live streaming. For instance, Royal Canin held a live streaming on JD to share pet-raising knowledge and offer coupons.
Further, veterinary clinics and pet shops were the most popular channels in the India pet food market. This is attributed to a growing number of consumers preferring the specialized nature of these outlets that provide a vast range of pet care products, including premium ranges. Besides, consumers visit pet shops to learn more about the optimal ways of pet care and address health issues in addition to purchases. Additionally, several domestic pet care brands have expanded their online presence and e-commerce options since the pandemic. Moreover, organic products made from natural ingredients are gaining prominence in the Indian market due to shifting preferences. Such factors drive market growth in these countries.
The Asia-Pacific pet food market segmentation includes food type, distribution channel, and animal type. The animal type segment includes cat, dog, and other animal types.
Food formulated for consumption by dogs and other canines comes under dog food. Dogs are omnivores with a carnivorous bias. With sharp, pointed teeth and shorter gastrointestinal tracts, they are better suited for meat consumption than vegetables. Nevertheless, they have 10 genes responsible for glucose and starch digestion and the ability to produce the enzyme amylase that breaks down carbohydrates into simple sugars.
However, commercial dog foods comprise materials considered undesirable or unusable. The less expensive dog foods include more animal byproducts and grain fillers than meat and are thus under scrutiny among proponents of a natural diet. Whereas expensive dog foods contain free-range meats or ingredients suitable for organic products. For instance, lamb meal is a popular ingredient.
Some of the leading market players in the Asia-Pacific pet food market are Spectrum Brand Holdings Inc, Nestle Purina Petcare Ltd, Unicharm Corporation, Vitakraft Pet Care GmbH & Co Kg, etc.
Unicharm Corporation provides health care products. The company’s operations are categorized into clean & fresh and pet care, baby and child care, healthcare, and feminine care. The company has R&D and manufacturing units in Japan, with sales offices worldwide, and headquarters in Tokyo, Japan.
The company’s dog pet food portfolio includes Best Balance, Silver Plate, Aiken Genki, etc.
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Report Scope |
Details |
| Market Forecast Years | 2023-2032 |
| Base Year | 2022 |
| Market Historical Years | 2018-2021 |
| Forecast Units | Revenue ($ Million) |
| Segments Analyzed | Food Type, Distribution Channel, Animal Type |
| Countries Analyzed | Indonesia, India, Australia & New Zealand, South Korea, Thailand, Taiwan, Japan, China, and Rest of Asia-Pacific |
| Companies Analyzed |
Affinity Petcare SA, Blue Buffalo Pet Products Inc, Champion Petfoods LP, Diamond Pet Foods, Farmina Pet Foods, Freshpet Inc, Hill’s Pet Nutrition Inc, Inaba Foods Co Ltd, J M Smucker Company, Mars Petcare Ltd, Nestle Purina Petcare Ltd, Spectrum Brand Holdings Inc, Unicharm Corporation, Vitakraft Pet Care GmbH & Co KG, Wellness Pet Company |
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- MAJOR MARKET FINDINGS
- GROWTH OF ORGANIC PET FOOD
- SUSTAINABILITY ISSUE ADDRESSED BY LEADING PLAYERS
- MARKET DYNAMICS
- KEY DRIVERS
- HIGH DEMAND FOR PREMIUM AND ORGANIC PET FOOD
- RISING DEMAND FOR THERAPEUTIC PET FOOD
- GROWING CONSUMER SPENDING ON PET FOOD
- KEY RESTRAINTS
- PRODUCTION AND SUPPLY CHAIN THREATS
- SHIFTING CONSUMER PERCEPTION REGARDING PET FOOD AND PET OBESITY
- KEY DRIVERS
- KEY ANALYTICS
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- MARKET MATURITY ANALYSIS
- MARKET CONCENTRATION ANALYSIS
- VALUE CHAIN ANALYSIS
- RAW MATERIAL SUPPLIER
- MANUFACTURER
- DISTRIBUTION CHANNELS
- END-USERS
- KEY BUYING CRITERIA
- PRODUCT TYPE
- PRODUCT QUALITY
- PRICE
- BRAND
- PACKAGING
- MARKET BY FOOD TYPE
- MARKET BY FOOD TYPE (BY CONTENT)
- DRY FOOD
- WET FOOD
- OTHER FOOD TYPES
- MARKET BY FOOD TYPE (BY ANIMAL)
- DOG PET FOOD
- WET DOG FOOD
- DRY DOG FOOD
- TREAT & MIXES FOR DOGS
- CAT PET FOOD
- WET CAT FOOD
- DRY CAT FOOD
- TREAT & MIXES FOR CATS
- DOG PET FOOD
- MARKET BY FOOD TYPE (BY CONTENT)
- MARKET BY ANIMAL TYPE
- DOG
- CAT
- OTHER ANIMAL TYPES
- MARKET BY DISTRIBUTION CHANNEL
- STORE-BASED
- VETERINARY
- E-COMMERCE
- OTHER DISTRIBUTION CHANNELS
- GEOGRAPHICAL ANALYSIS
- ASIA-PACIFIC
- MARKET ESTIMATES & SIZES
- ASIA-PACIFIC PET FOOD MARKET DRIVERS
- ASIA-PACIFIC PET FOOD MARKET CHALLENGES
- ASIA-PACIFIC PET FOOD MARKET REGULATORY FRAMEWORK
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- CHINA PET FOOD MARKET SIZE & OPPORTUNITIES
- JAPAN
- JAPAN PET FOOD MARKET SIZE & OPPORTUNITIES
- INDIA
- INDIA PET FOOD MARKET SIZE & OPPORTUNITIES
- SOUTH KOREA
- SOUTH KOREA PET FOOD MARKET SIZE & OPPORTUNITIES
- INDONESIA
- INDONESIA PET FOOD MARKET SIZE & OPPORTUNITIES
- THAILAND
- THAILAND PET FOOD MARKET SIZE & OPPORTUNITIES
- TAIWAN
- TAIWAN PET FOOD MARKET SIZE & OPPORTUNITIES
- AUSTRALIA & NEW ZEALAND
- AUSTRALIA & NEW ZEALAND PET FOOD MARKET SIZE & OPPORTUNITIES
- REST OF ASIA-PACIFIC
- REST OF ASIA-PACIFIC PET FOOD MARKET SIZE & OPPORTUNITIES
- CHINA
- ASIA-PACIFIC
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- COMPANY PROFILES
- AFFINITY PETCARE SA
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- BLUE BUFFALO PET PRODUCTS INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- CHAMPION PETFOODS LP
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- DIAMOND PET FOODS
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- FARMINA PET FOODS
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- FRESHPET INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- HILL’S PET NUTRITION INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- INABA FOODS CO LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- J M SMUCKER COMPANY
- COMPANY OVERVIEW
- PRODUCTS LIST
- MARS PETCARE LTD
- COMPANY OVERVIEW
- FINANCIAL ANALYSIS
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- NESTLE PURINA PETCARE LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- SPECTRUM BRAND HOLDINGS INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- UNICHARM CORPORATION
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- VITAKRAFT PET CARE GMBH & CO KG
- COMPANY OVERVIEW
- PRODUCTS LIST
- WELLNESS PET COMPANY
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES ANALYSIS
- AFFINITY PETCARE SA
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – PET FOOD
TABLE 2: ASIA-PACIFIC PET FOOD MARKET, BY FOOD TYPE (BY CONTENT), HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC PET FOOD MARKET, BY FOOD TYPE (BY CONTENT), FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC PET FOOD MARKET, BY DOG PET FOOD, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC PET FOOD MARKET, BY DOG PET FOOD, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC PET FOOD MARKET, BY CAT PET FOOD, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC PET FOOD MARKET, BY CAT PET FOOD, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC PET FOOD MARKET, BY ANIMAL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC PET FOOD MARKET, BY ANIMAL TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC PET FOOD MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC PET FOOD MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 12: ASIA-PACIFIC PET FOOD MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC PET FOOD MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 14: REGULATORY FRAMEWORK
TABLE 15: LEADING PLAYERS OPERATING IN ASIA-PACIFIC PET FOOD MARKET
TABLE 16: LIST OF ACQUISITIONS
TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: ASIA-PACIFIC PET FOOD MARKET, GROWTH POTENTIAL, BY FOOD TYPE (BY CONTENT), IN 2022
FIGURE 9: ASIA-PACIFIC PET FOOD MARKET, BY DRY FOOD, 2023-2032 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC PET FOOD MARKET, BY WET FOOD, 2023-2032 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC PET FOOD MARKET, BY OTHER FOOD TYPES, 2023-2032 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC PET FOOD MARKET, GROWTH POTENTIAL, BY DOG PET FOOD, IN 2022
FIGURE 13: ASIA-PACIFIC PET FOOD MARKET, BY WET DOG FOOD, 2023-2032 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC PET FOOD MARKET, BY DRY DOG FOOD, 2023-2032 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC PET FOOD MARKET, BY TREAT & MIXES FOR DOGS, 2023-2032 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC PET FOOD MARKET, GROWTH POTENTIAL, BY CAT PET FOOD, IN 2022
FIGURE 17: ASIA-PACIFIC PET FOOD MARKET, BY WET CAT FOOD, 2023-2032 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC PET FOOD MARKET, BY DRY CAT FOOD, 2023-2032 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC PET FOOD MARKET, BY TREAT & MIXES FOR CATS, 2023-2032 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC PET FOOD MARKET, GROWTH POTENTIAL, BY ANIMAL TYPE, IN 2022
FIGURE 21: ASIA-PACIFIC PET FOOD MARKET, BY DOG, 2023-2032 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC PET FOOD MARKET, BY CAT, 2023-2032 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC PET FOOD MARKET, BY OTHER ANIMAL TYPES, 2023-2032 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC PET FOOD MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2022
FIGURE 25: ASIA-PACIFIC PET FOOD MARKET, BY STORE-BASED, 2023-2032 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC PET FOOD MARKET, BY VETERINARY, 2023-2032 (IN $ MILLION)
FIGURE 27: ASIA-PACIFIC PET FOOD MARKET, BY E-COMMERCE, 2023-2032 (IN $ MILLION)
FIGURE 28: ASIA-PACIFIC PET FOOD MARKET, BY OTHER DISTRIBUTION CHANNELS, 2023-2032 (IN $ MILLION)
FIGURE 29: ASIA-PACIFIC PET FOOD MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN%)
FIGURE 30: CHINA PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 31: JAPAN PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 32: INDIA PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 33: SOUTH KOREA PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 34: INDONESIA PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 35: THAILAND PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 36: TAIWAN PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 37: AUSTRALIA & NEW ZEALAND PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 38: REST OF ASIA-PACIFIC PET FOOD MARKET, 2023-2032 (IN $ MILLION)
FIGURE 39: MARS PETCARE- COMPANY REVENUE, 2019-2021 (IN $ BILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA-PACIFIC
- MARKET ESTIMATES & SIZES
- ASIA-PACIFIC PET FOOD MARKET DRIVERS
- ASIA-PACIFIC PET FOOD MARKET CHALLENGES
- ASIA-PACIFIC PET FOOD MARKET REGULATORY FRAMEWORK
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- CHINA PET FOOD MARKET SIZE & OPPORTUNITIES
- JAPAN
- JAPAN PET FOOD MARKET SIZE & OPPORTUNITIES
- INDIA
- INDIA PET FOOD MARKET SIZE & OPPORTUNITIES
- SOUTH KOREA
- SOUTH KOREA PET FOOD MARKET SIZE & OPPORTUNITIES
- INDONESIA
- INDONESIA PET FOOD MARKET SIZE & OPPORTUNITIES
- THAILAND
- THAILAND PET FOOD MARKET SIZE & OPPORTUNITIES
- TAIWAN
- TAIWAN PET FOOD MARKET SIZE & OPPORTUNITIES
- AUSTRALIA & NEW ZEALAND
- AUSTRALIA & NEW ZEALAND PET FOOD MARKET SIZE & OPPORTUNITIES
- REST OF ASIA-PACIFIC
- REST OF ASIA-PACIFIC PET FOOD MARKET SIZE & OPPORTUNITIES
- CHINA
- ASIA-PACIFIC
- MARKET BY FOOD TYPE
- MARKET BY FOOD TYPE (BY CONTENT)
- DRY FOOD
- WET FOOD
- OTHER FOOD TYPES
- MARKET BY FOOD TYPE (BY ANIMAL)
- DOG PET FOOD
- WET DOG FOOD
- DRY DOG FOOD
- TREAT & MIXES FOR DOGS
- CAT PET FOOD
- WET CAT FOOD
- DRY CAT FOOD
- TREAT & MIXES FOR CATS
- DOG PET FOOD
- MARKET BY FOOD TYPE (BY CONTENT)
- MARKET BY ANIMAL TYPE
- DOG
- CAT
- OTHER ANIMAL TYPES
- MARKET BY DISTRIBUTION CHANNEL
- STORE-BASED
- VETERINARY
- E-COMMERCE
- OTHER DISTRIBUTION CHANNELS
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