- Report
- Plant-based Pet Food Market
Plant-based Pet Food Market
Plant-based Pet Food Market By nature (Organic, Conventional), product type
(Kibble/Dry, Dehydrated Food, Treats and Chews, Freeze-Dried Raw, Wet Food,
Frozen), pet type (Cat, Dog, Birds & Others), distribution channel (Store-based
Retailing, Online Retailers), packaging (Pouches, Bags, Folding cartons, Tubs &
Cups, Can, Bottles & jars) & Region - Forecast to 2021 - 2031
Market Insights on Plant-based Pet Food covering sales outlook, demand forecast & up-to-date key
trends
Plant-Based Pet Food Market Snapshot
[250 Pages Report] The plant-based pet food market is expected to increase
steadily, with a total value reaching US$ 23.82 Bn in 2021. As per Future
Market Insights (FMI), plant-based pet food sales are expected to surge at 9.2%
CAGR between 2021 and 2031. Overall growth forecast for the market will
remain positive for the assessment period.
Plant-based pet food contains no animal-derived raw materials, assuring that no
animals have been harmed or abused in any way. The vegan movement,
humanization of pets, and the growing number of vegan pet owners preferring a
plant-based diet for their pets are contributing to the growth of the plant-based
pet food business.
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Spurred by aforementioned factors, the plant-based pet food market will
account for 23.8% of sales in pet food market in 2021.
Estimated Plant-Based Pet Food Market Value (2021E)
US$ 23.82
Bn
Estimated Plant-Based Pet Food Market Value CAGR (2021-
2031)
9.2%
Plant-Based Pet Food Market Value CAGR (2016-2020)
3.5%
How Does Plant-based Pet Food Market Outlook for 2021-2031
Compares to Growth Registered in 2016-2020?
During the period 2016-2020, the plant-based pet food market grew at a CAGR
of 3.5%, and the market is predicted to continue to grow at a CAGR of 9.2%
during the forec