Dublin, Dec. 31, 2021 (GLOBE NEWSWIRE) -- The "Global Pet Meal Kit Delivery Services Market Size, Share & Trends Analysis Report by Pet Type (Dogs, Cats), Subscription Type (Topper, Full), Food Type (Dry, Wet), Region (APAC, Europe), and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global pet meal kit delivery services market size is expected to reach USD 5.20 billion by 2028, registering a CAGR of 15.3% over the forecast period.
Rising awareness among pet owners related to adverse effects of nutrition deficiency in pets, coupled with their increased spending on pet food is expected to drive market demand across the globe over the forecasted period. The dogs animal type segment led the market and accounted for the leading share of the total revenue in 2020.
The full subscription type segment led the market in 2020. Full subscription plans offer a higher discount to consumers, along with free trials that help them gain more popularity over budget-friendly topper subscriptions. Furthermore, full subscriptions are based on the pet's profile, which includes their weight, age, breed, activity level, allergies and health conditions, and taste preferences, which help consumers understand the required calorie intake for their pets.
Since full subscriptions cover 100% of the calorie intake required, it gets more convenient for the consumers to go forward with monthly/yearly subscriptions, thereby leading to boosting this segment's growth. North America dominated the global market and generated the highest contribution of sales to the market revenue in 2020. The rising investment by key players is one of the major factors driving the region's growth.
Pet Meal Kit Delivery Services Market Report Highlights
- Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2028 due to a growing number of new service offerings and rising concerns about pet health and nutritional deficiencies
- The wet food segment led the global market in 2020 and is estimated to register the fastest CAGR over the forecast period
- The growth is due to the increasing availability of customized wet food meals catering to the specific needs of pets
- The full subscription type segment accounted for the largest revenue share of the global market in 2020 and is expected to register the fastest CAGR of 17.3% over the forecast period
- The growth can be credited to the significant advantages offered by providers to consumers, such as customization, discounted prices, free trials, and international shipping
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Pet Type Outlook
2.3. Food Type Outlook
2.4. Subscription Type Outlook
2.5. Regional Outlook
Chapter 3. Pet Meal Kit Delivery Services Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of COVID-19 on the Pet Meal Kit Delivery Services Market
3.4. Industry Value Chain Analysis
3.5. Market Dynamics
3.6. Business Environment Analysis
3.7. Roadmap of Pet Meal Kit Delivery Services Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preference
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Pet Meal Kit Delivery Services Market: Pet Type Analysis & Estimates
5.1. Pet Type Analysis & Market Share, 2020 & 2028
5.2. Dogs
5.3. Cats
Chapter 6. Pet Meal Kit Delivery Services Market: Food Type Analysis & Estimates
6.1. Food Type Analysis & Market Share, 2020 & 2028
6.2. Dry (Kibble)
6.3. Wet
Chapter 7. Pet Meal Kit Delivery Services Market: Subscription Type Analysis & Estimates
7.1. Subscription Type Analysis & Market Share, 2020 & 2028
7.2. Topper
7.3. Full
Chapter 8. Pet Meal Kit Delivery Services Market: Country Estimates & Trend Analysis
Chapter 9. Competitive Analysis
9.1. Key global players, recent developments & their impact on the industry
9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
9.3. Vendor Landscape
Chapter 10. Company Profiles
- The Farmer's Dog, Inc.
- PetPlate
- NomNomNow Inc
- Ollie Pets Inc
- Spot and Tango
- Butternutbox
- Kabo Labs
- Lyka
- Tailsco Ltd.
- Lucky Dog Cuisine Inc
For more information about this report visit https://www.researchandmarkets.com/r/1vjtio
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