Global Cat Food Market Insights Forecasts to 2033.

• The Global Cat Food Market Size was Valued at USD 35.7 Billion in 2023
• The Market Size is Growing at a CAGR of 3.20% from 2023 to 2033
• The Worldwide Cat Food Market Size is Expected to Reach USD 48.9 Billion by 2033
• Europe Market is expected to grow the fastest during the forecast period

The Global Cat Food Market Size is anticipated to exceed USD 48.9 Billion by 2033, Growing at a CAGR of 3.20% from 2023 to 2033.

Market Overview

Cat food is pet food that has been particularly prepared to meet the dietary requirements of cats. Cats need a balanced diet that satisfies their unique nutritional needs and promotes their general health and well-being. High-quality animal protein sources, such as chicken, turkey, fish, or cattle, are used to make it. It has a lot of iron, salt, zinc, calcium, vitamins, minerals, phosphorus, magnesium, proteins, carbs, lipids, and other important nutrients. Fatty acids are also present, supporting lustrous coats, good skin, and other body processes. It is affordable, and practical, and helps cats maintain strong bones and muscles as well as a robust immune system. In addition, it provides energy and calories that are high in nutrients, regulates weight, eases constipation, avoids obesity, and improves digestion. It is chosen in accordance with the cat's age, health, and nutritional needs. Furthermore, the growth of e-commerce and the accessibility of cat food online have simplified the process for pet owners to locate and buy products that are tailored to the individual requirements of their animals.

Report Coverage

This research report categorizes the market for the global cat food market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global cat food market. Recent market developments and 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 market players and analyses their core competencies in each sub-segment of the global cat food market.

Driving factor

The global cat food market is driven by various factors, including the growing pet adoption of cats, which supports market growth. The market's demand for cat food has increased as a result of cats' increasing adoption. Cats are a great pet for people who lead busy lives or live in tiny apartments since they are more independent and dependent than dogs. The growth in cat adoption has also been attributed to heightened knowledge of animal welfare concerns. The adoption of cats from animal shelters and rescue groups has become more common than buying them from breeders. In addition, in the United States, 2 million dogs are adopted each year, whereas only around 2.1 million cats are, according to the World Animal Foundation. As a result, the growing popularity of cat’s fuels industry expansion. Pet owners now understand the importance of a balanced diet in preserving their pets' health and preventing diseases, which has raised consumer demand for premium pet food items that are expertly prepared to satisfy their needs.

Restraining Factors

Regulatory agencies frequently enforce rules and guidelines pertaining to safety requirements, labeling, and ingredient requirements in the production of pet food. Manufacturers of cat food face challenges and higher operating expenses as a result of complying with these rules.

Market Segmentation

The Global Cat Food Market share is classified into type and distribution channel. 

• The wet food segment is expected to hold the largest share of the global cat food market during the forecast period.   

Based on the type, the global cat food market is divided into wet food, dry food, treats and others. Among these, the wet food segment is expected to hold the largest share of the global cat food market during the forecast period. Due to the food's high moisture content and the appropriate nourishment that the pet needs, as innate carnivores, cats obtain the majority of their water from their diet. Therefore, pet owners are giving their animals enough water by feeding them moist food, which is crucial for preserving their general health. Additionally, the high moisture content aids in preventing UTIs. 

• The supermarkets & hypermarkets segment is expected to hold the largest share of the global cat food market during the forecast period.   

Based on the distribution channel, the global cat food market is divided into online, supermarkets & hypermarkets, and others. Among these, the supermarkets and hypermarkets segment is expected to hold the largest share of the global cat food market during the forecast period. Due to the availability of distinctive and specific products. Convenience is one of the key benefits of buying cat food in a supermarket or hypermarket. These stores provide pet owners a quick and simple way to get the necessary cat food supplies because they are usually situated in conveniently accessible regions. These businesses also provide customers the chance to compare prices and brands, enabling them to make well-informed judgments based on their preferences for quality and affordability.  

Regional Segment Analysis of the Global Cat Food Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global cat food market over the predicted timeframe.

North America is anticipated to hold the largest share of the global cat food market over the predicted timeframe. Many reasons, such as rising disposable income, shifting perspectives on pets and their place in families, and advancements in pet nutrition and care, are contributing to the rise in pet ownership in North America. The American Pet Products Association (APPA) estimates that 86.9 million houses, or 66% of American families, would have pets as by 2023.

Europe is expected to grow the fastest during the forecast period. In 2022, there are expected to be over 90 million pet-owning families in Europe, with 110 million cats and 90 million dogs, according to the European Pet Food Organization. Therefore, during the course of the projection period, factors such as the developing pet food sector and the rising popularity of cats are expected to increase product demand.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global cat food along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mars Petcare
• Nestle Purina PetCare Company
• Hill's Pet Nutrition
• J.M Smucker
• Diamond Pet Foods
• Affinity Petcare SA
• Evanger’s Dog and Cat Food Company Inc.
• Fromm Family Foods LLC
• Nutro Products Inc.
• Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In February 2023, to expand its range of products, Mars Petcare announced that it has successfully acquired Champion Pet foods, a Canadian pet food manufacturer.

• In November 2023, to fulfill the nutritional needs of kitties with cancer, Hill's Pet Nutrition introduced complete-and-balanced dry and wet cat formulations.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Cat Food Market based on the below-mentioned segments: 

Global Cat Food Market, By Type

• Wet Food
• Dry Food
• Treats
• Others

Global Cat Food Market, By Distribution Channel

• Online
• Supermarkets and Hypermarkets
• Others

Global Cat Food Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• 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 the Middle East & Africa