Authored By: Sarah
11 Nov 2021

Wet Pet Food Market: Key Geographies that will Drive Growth

Geographical Analysis and Market Highlights 2021-2025

The wet pet food market is set to post an incremental growth of $ 7.27 bn, accelerating at a CAGR of almost 6% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


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Wet Pet Food Market: North America to lead market growth during the forecast period

  • Based on our Geographical Segmentation, North America is projected to contribute 40% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the wet pet food market size
  • This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the increase in pet ownership.  Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
  • Market is segmented by Product (Wet cat food, Wet dog food, and Others) and Geography (North America, Europe, APAC, South America, and MEA).

Wet Pet Food Market to Post Incremental Growth of $ 7.27 bn During 2021-2025 | Key Geographies that will Drive Growth

Wet Pet Food Market: Competitive Landscape

Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc.are some of the major market participants. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 6%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 7.27 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increase in pet ownership will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    40% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc.
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Wet cat food, Wet dog food, and Others) and Geography (North America, Europe, APAC, South America, and MEA).

Market Segmentation by Product

    • Wet Pet Food Market Split by Product
      • Wet cat food
      • Wet dog food
      • Others
    • Wet Pet Food Market Split by Geography
      • North America
      • Europe
      • APAC
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Colgate Palmolive Co.
  • Darling Ingredients Inc.
  • De Haan Petfood
  • Evangers Dog and Cat Food Co. Inc.
  • General Mills Inc.
  • Harringtons Pet Food
  • Mars Inc.
  • Nestle SA
  • PetGuard Holdings LLC
  • Spectrum Brands Holdings Inc.

Wet Pet Food: Top Drivers that will Enable COVID-19 Recovery

Market Insights to Drive Recovery from COVID-19

Technavio’s Wet Pet Food Market is set to grow by $ 7.27 bn, and the market will progressing at a CAGR of almost 6% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Wet Pet Food Market: Top Drivers for Growth

Technavio has identified  Increase in pet ownership as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Wet Pet Food Market to Post Incremental Growth of $ 7.27 bn During 2021-2025 | Key Geographies that will Drive Growth

Wet Pet Food Market: Growth Segments

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Wet Pet Food Market is segmented by Product (Wet cat food, Wet dog food, and Others) and Geography (North America, Europe, APAC, South America, and MEA). Request our Free Sample Report

Wet Pet Food Market: Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc. are some of the leading competitors

The Wet Pet Food Market is fragmented and market growth of the depends on market conditions, government support, and industry development. Our report offers a detailed study of all the factors that can influence growth. Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc. are some of the major market participants. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 6%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 7.27 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increase in pet ownership will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    40% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc.
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Wet cat food, Wet dog food, and Others) and Geography (North America, Europe, APAC, South America, and MEA)

Wet Pet Food Market Size to Grow by $ 7.27 bn During 2021-2025

Technavio has been monitoring the wet pet food market and it is expected to grow by $ 7.27 bn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Wet Pet Food Market: North America to lead market growth during the forecast period

  • 40% of the market growth will originate from North America during the forecast period.
  • Rising demand for organic pet food will be a key trend that will influence market growth significantly.
  • The Increase in pet ownership will be a significant factor in driving the growth of the wet pet food market.

Wet Pet Food Market to Post Incremental Growth of $ 7.27 bn During 2021-2025 | Key Geographies that will Drive Growth

Wet Pet Food Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

Wet Pet Food Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive wet pet food market growth during the next five years
  • Precise estimation of the wet pet food market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the wet pet food market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wet pet food market vendors

Technavio has been monitoring the Global Wet Pet Food Market and it is expected to grow by $ 7.27 billion, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

Wet Pet Food Market: Increase in pet ownership and pet humanization will drive growth

One of the primary factors that will trigger the growth of the Wet Pet Food Market size is the increase in pet ownership in many developing countries like India, the Philippines, Turkey, Russia, and Mexico. For instance, In India, the average number of pets adopted in a year is close to 700,000 as per the India International Pet Trade Fair. This will positively impact the global wet pet food market, as families are increasingly becoming aware of the need to source nutritious food for their pets. 

Wet Pet Food Market to Post Incremental Growth of $ 7.27 bn During 2021-2025 | Key Geographies that will Drive Growth

There is a growing tendency towards Pet humanization, where pets are looked upon as a part of the family and the fulfillment of their physical and emotional needs gains paramount importance. Various companies taking advantage of this trend and introducing many innovative products and services such as dog beer, cat counseling, pet grooming, social petworking, and pet weddings. Pet owners are also signing up their pets for exercise regimes and beauty treatments. They like the idea of going to doggie hotels instead of a kennel and buying toys and treats, such as Merrick's Grammy's Pot Pie.

Wet Pet Food Market to Post Incremental Growth of $ 7.27 bn During 2021-2025 | Key Geographies that will Drive Growth

Wet Pet Food Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report 

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