NEWARK, Del, Nov. 03, 2022 (GLOBE NEWSWIRE) -- As per Future Market Insights (FMI), the global cat & dog food toppers market is estimated to expand at a CAGR of over 8.7% throughout the forecast period of 2022-2032, and it is estimated to be valued at US$ 18,611.7 Mn by the end of 2032.
Pet owners routinely spend more on luxury merchandise and services for the well-being of their cats & dogs, which has increased cat & dog-related expenditures. The effect has significantly aided the growth of the cat & dog food market and will continue to do so in the foreseeable future. With growing pet food prices, pet owners are looking for customized cat and dog food that addresses their pets' health concerns.
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Customized pet food solutions and technological advancements substantially alter pet care market trends. The global market for cat and dog food toppers is anticipated to rise due to the popularity of personalization trends, which are primarily driven by pet parents' growing health concerns. Leading companies provide the ability to tailor the characteristics of their cat & dog food topper products to the individual health concerns of end customers.
Leading companies focus on product innovation by customizing the characteristics based on the health, breed, and other elements of cats and dogs. Customized functional pet food toppers will be in high demand since they address significant health issues such as weight loss, joint difficulties, and digestion. The tailored food topper based on the animal age, weight, height, and breed is expected to drive the cat & dog food topper market in the upcoming years.
Key Takeaways from the Cat & Dog Food Toppers Market Study
- In terms of sales, hypermarkets and supermarkets have a significant market share and are expected to increase at a rapid rate throughout the projection period.
- Sales in internet retails segment are expected to grow rapidly, resulting in robust growth in the cat & dog food toppers industry.
- Organic dog food toppers are expected to drive the growth of the cat & dog food topper market.
- By product, dry topper is expected to dominate the global cat & dog food topper market.
- Based on packaging type, the pouches segment is expected to witness impressive growth over the coming decade.
- By life stage, the adult segment will gain traction in the global cat & dog food topper market
“Food topper producers are launching organic and natural food toppers to expand their product line and meet the needs of pet owners. Some of the key companies are working on product innovation in order to increase product shelf life and product customization.” Says an FMI analyst.
Who is winning?
Leading manufacturers of cat & dog food toppers are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of cat & dog food toppers market globally.
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Major players present in the cat & dog food toppers market Stella & Chewy's, The Honest Kitchen, Blue Buffalo Co., Ltd., Nature’s Variety, Merrick Pet Care, Inc., Castor & Pollux Natural Petworks, Mars Incorporated, Only Natural Pet, Petco Animal Supplies, Inc. (WholeHearted), Applaws Natural Cat and Dog and Cat Food, and Tiki Pets, among others.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global cat & dog food toppers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the cat & dog food toppers market based on product type (dry topper and wet topper), packaging type (pouches, bags, can, and bottle & jars), packaging size (0-10, 10-20, and above 20), life stage (kitten & adult), sales channel (hypermarkets/supermarkets, convince stores, pet specialty stores, independent grocery retailers, drugstores, online retailers, and others) across seven major regions.
Global Cat & Dog Food Toppers Market by Category
By Product Type:
- Dry Topper
- Wet Topper
By Packaging Type:
- Pouches
- Bags
- Can
- Bottles & Jars
By Packaging Size (in Ounces):
- 0-10
- 10-20
- above 20
- By Life Stage:
- Puppy/Kitten
- Adult
By Sales Channel:
- Hypermarkets/Supermarkets
- Stores
- Pet Specialty Stores
- Independent Grocery Retailers
- Drugstores
- Online Retailers
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Key Findings
1.3. Summary of Key statistics
1.4. FMI Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definition
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.1.1. Pet on the go, with travel products results in increase in demand.
3.1.2. Rising trend for Cat & Dog nutrition food
3.1.3. Adaptability of Cat & Dog dieting and Cat & Dog nutrient products extensively.
3.1.4. Product innovation and diversification in Cat & Dog food toppers
3.1.5. others
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