All updated as on -
Since pet owners are looking for convenient and nutritionally sound solutions for their dogs and cats, the wet pet food market has seen substantial growth. In keeping with the current trend of emphasizing pet health and simulating natural diets, this section provides a variety of products with higher protein content and fewer carbs. The humanization of pets, which has increased demand for high-end, gourmet products that are similar to human food, is another factor driving the market's expansion. However, the rising demand for wet pet food raises questions about sustainability and the environment. Environmental problems caused by production and packaging include greenhouse gas emissions and non-recyclable packaging trash. Manufacturers must overcome this obstacle by implementing environmentally friendly procedures, reducing their carbon footprint, and developing innovative sustainable solutions. It is critical to strike a balance between consumer demands and environmental responsibility in order to protect the future of the wet pet food sector and address urgent ecological challenges.
Pet food comes in a variety of forms, textures, and sizes. Up until recently, the only type of pet food available was dry, and it was the most common among pet owners. Pet food is currently offered in both dry and moist versions, however each product has advantages and downsides. Between 75% and 85% of the ingredients in wet pet food are made up of water, along with various dry ingredients. Wet pet food has many benefits for the animals, including increased vitality, stronger, more toned muscles, and leaner body mass. The contemporary pet food market is more attractive and popular due to all these benefits of the global wet food market. The finest source of hydration is wet pet food. If your pet is reluctant to drink the necessary amount of water each day, wet pet food might satisfy their thirst. Wet food, however, is a recommended option for pet owners when taking the health of the animal into account. The proteins, vitamins, and minerals the pet needs to stay healthy and hydrated are all provided by wet pet food. Young pets who are unable to chew owing to missing teeth, improperly fitted jaws, or smaller mouths should only be fed wet foods. These benefits and qualities make international wet pet food well-liked on a global scale.
The increased demand for wet pet foods has been largely attributed to improved palatability, which is defined by a delicious taste, enticing texture, and appealing aroma. Pet owners are becoming more picky, looking for goods that cater to the sensory preferences of their companion animals. Manufacturers have skillfully responded by creating wet pet foods that entice pets' taste receptors and encourage regular consumption and fullness. This has enhanced overall nutrition and decreased food waste, which has increased pet owners' attraction for wet pet feeds. The increased digestibility of wet pet foods has also drawn much attention, which has added to the boom in demand. A sizable majority of pet owners are drawn to foods that not only fulfill their animals' appetites but also support gastrointestinal health and ideal nutrient absorption. With their higher moisture content and softer texture, wet pet foods aid in simpler chewing and digesting, especially in older or dentally challenged animals. The popularity for wet pet diets has increased as pet owners become more aware of the critical link between diet and digestive health.
Price sensitivity describes how receptive consumers are to price changes, where even small changes can have a big impact on what consumers decide to buy. Price sensitivity has been particularly prominent in the context of the wet pet food market as a result of a number of interrelated issues. First off, wet pet food is seen by customers as a luxury good, sometimes grouped with other pet-related costs like veterinary treatment, grooming, and accessories. As a result, financial issues are more prominent, with pet owners looking for economical solutions without sacrificing the welfare of their animals. Consumers' price sensitivity is heightened by fluctuations in disposable income and economic uncertainty. Consumers are more likely to choose cost-effective products or even think about switching to homemade pet food options when they are under financial stress. The market for wet pet food has also seen an inflow of brands and product options, escalating competition. As consumers compare the trade-offs between numerous brands, manufacturers' efforts to differentiate through product quality, ingredients, and packaging further heighten price sensitivity.
One of the main factors propelling the wet pet food market is the desire of pet owners to buy high-quality goods for their dogs in order to ensure appropriate nutrition and care. As more nuclear families and couples own dogs, the market is expected to expand. These pet owners raise their pets as if they were their children by adopting them. Wet pet food gives pets nutrition, protein, and good health, enabling them to live longer and happier lives. Furthermore, a rise in disposable income is fueling the market for wet pet food.
The demand for pet food is steadily rising, creating a sizable opportunity for the global wet pet food market. Additionally, since wet pet food is soft, a rise in dental problems in animals will encourage pet owners to feed their companion animals wet pet meals. Sales of wet pet food will increase throughout the evaluation period as a result.
Report Coverage
Global Wet Pet Food research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Wet Pet Food report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Wet Pet Food competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Wet Pet Food market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Wet Pet Food market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Wet Pet Food market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Nestlé (Switzerland), Mars, Incorporated (US), MONGE SPA P.IVA (Italy), Real Pet Food Co. (Australia), Colgate-Palmolive Company (US), Unicharm Corporation (Japan), Thai Union Group PCL (Thailand), Charoen Pokphand Foods PCL (Thailand), General Mills Inc. (US), The J.M. Smucker Company (US), and Better Choice Company (US) are among the key players in the global wet pet food market.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Wet Pet Food market based on the below-mentioned segments:
Global Wet Pet Food Market, By Pet
Dogs
Cats
Global Wet Pet Food market, By Source
Animal-based
Plant Derivatives
Synthetic
Global Wet Pet Food Market, By Distribution Channel
Pet Specialty Stores
Supermarkets/Hypermarkets
Convenience Stores
Online
Global Wet Pet Food market, Regional Analysis
Since pet owners are looking for convenient and nutritionally sound solutions for their dogs and cats, the wet pet food market has seen substantial growth. In keeping with the current trend of emphasizing pet health and simulating natural diets, this section provides a variety of products with higher protein content and fewer carbs. The humanization of pets, which has increased demand for high-end, gourmet products that are similar to human food, is another factor driving the market's expansion. However, the rising demand for wet pet food raises questions about sustainability and the environment. Environmental problems caused by production and packaging include greenhouse gas emissions and non-recyclable packaging trash. Manufacturers must overcome this obstacle by implementing environmentally friendly procedures, reducing their carbon footprint, and developing innovative sustainable solutions. It is critical to strike a balance between consumer demands and environmental responsibility in order to protect the future of the wet pet food sector and address urgent ecological challenges.
Pet food comes in a variety of forms, textures, and sizes. Up until recently, the only type of pet food available was dry, and it was the most common among pet owners. Pet food is currently offered in both dry and moist versions, however each product has advantages and downsides. Between 75% and 85% of the ingredients in wet pet food are made up of water, along with various dry ingredients. Wet pet food has many benefits for the animals, including increased vitality, stronger, more toned muscles, and leaner body mass. The contemporary pet food market is more attractive and popular due to all these benefits of the global wet food market. The finest source of hydration is wet pet food. If your pet is reluctant to drink the necessary amount of water each day, wet pet food might satisfy their thirst. Wet food, however, is a recommended option for pet owners when taking the health of the animal into account. The proteins, vitamins, and minerals the pet needs to stay healthy and hydrated are all provided by wet pet food. Young pets who are unable to chew owing to missing teeth, improperly fitted jaws, or smaller mouths should only be fed wet foods. These benefits and qualities make international wet pet food well-liked on a global scale.
The increased demand for wet pet foods has been largely attributed to improved palatability, which is defined by a delicious taste, enticing texture, and appealing aroma. Pet owners are becoming more picky, looking for goods that cater to the sensory preferences of their companion animals. Manufacturers have skillfully responded by creating wet pet foods that entice pets' taste receptors and encourage regular consumption and fullness. This has enhanced overall nutrition and decreased food waste, which has increased pet owners' attraction for wet pet feeds. The increased digestibility of wet pet foods has also drawn much attention, which has added to the boom in demand. A sizable majority of pet owners are drawn to foods that not only fulfill their animals' appetites but also support gastrointestinal health and ideal nutrient absorption. With their higher moisture content and softer texture, wet pet foods aid in simpler chewing and digesting, especially in older or dentally challenged animals. The popularity for wet pet diets has increased as pet owners become more aware of the critical link between diet and digestive health.
Price sensitivity describes how receptive consumers are to price changes, where even small changes can have a big impact on what consumers decide to buy. Price sensitivity has been particularly prominent in the context of the wet pet food market as a result of a number of interrelated issues. First off, wet pet food is seen by customers as a luxury good, sometimes grouped with other pet-related costs like veterinary treatment, grooming, and accessories. As a result, financial issues are more prominent, with pet owners looking for economical solutions without sacrificing the welfare of their animals. Consumers' price sensitivity is heightened by fluctuations in disposable income and economic uncertainty. Consumers are more likely to choose cost-effective products or even think about switching to homemade pet food options when they are under financial stress. The market for wet pet food has also seen an inflow of brands and product options, escalating competition. As consumers compare the trade-offs between numerous brands, manufacturers' efforts to differentiate through product quality, ingredients, and packaging further heighten price sensitivity.
One of the main factors propelling the wet pet food market is the desire of pet owners to buy high-quality goods for their dogs in order to ensure appropriate nutrition and care. As more nuclear families and couples own dogs, the market is expected to expand. These pet owners raise their pets as if they were their children by adopting them. Wet pet food gives pets nutrition, protein, and good health, enabling them to live longer and happier lives. Furthermore, a rise in disposable income is fueling the market for wet pet food.
The demand for pet food is steadily rising, creating a sizable opportunity for the global wet pet food market. Additionally, since wet pet food is soft, a rise in dental problems in animals will encourage pet owners to feed their companion animals wet pet meals. Sales of wet pet food will increase throughout the evaluation period as a result.
Report Coverage
Global Wet Pet Food research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Wet Pet Food report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Wet Pet Food competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Wet Pet Food market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Nestlé (Switzerland), Mars, Incorporated (US), MONGE SPA P.IVA (Italy), Real Pet Food Co. (Australia), Colgate-Palmolive Company (US), Unicharm Corporation (Japan), Thai Union Group PCL (Thailand), Charoen Pokphand Foods PCL (Thailand), General Mills Inc. (US), The J.M. Smucker Company (US), and Better Choice Company (US) are among the key players in the global wet pet food market. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Wet Pet Food Market from 2021 to 2030.
- Market Forecast for Wet Pet Food Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Wet Pet Food competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Wet Pet Food
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Wet Pet Food market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Wet Pet Food market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Nestlé (Switzerland), Mars, Incorporated (US), MONGE SPA P.IVA (Italy), Real Pet Food Co. (Australia), Colgate-Palmolive Company (US), Unicharm Corporation (Japan), Thai Union Group PCL (Thailand), Charoen Pokphand Foods PCL (Thailand), General Mills Inc. (US), The J.M. Smucker Company (US), and Better Choice Company (US) are among the key players in the global wet pet food market.
Primary Target Market
- Market Players of Wet Pet Food
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Wet Pet Food market based on the below-mentioned segments:
Global Wet Pet Food Market, By Pet
Dogs
Cats
Global Wet Pet Food market, By Source
Animal-based
Plant Derivatives
Synthetic
Global Wet Pet Food Market, By Distribution Channel
Pet Specialty Stores
Supermarkets/Hypermarkets
Convenience Stores
Online
Global Wet Pet Food market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive wet pet food market market research and competitor analysis for your business to help you develop more profound insights into the wet pet food market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the wet pet food market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.