The North America wet pet food market is accounted to US$ 8,880.9 Mn in 2018 and is expected to grow at a CAGR of 5.6% during the forecast period 2019 – 2027, to account to US$ 14,453.4 Mn by 2027.
North America wet pet food market, which contains a high moisture content of 75% to 85% along with essential dry ingredients, is gaining popularity among pet owners. It offers several health benefits, such as boosting energy, supporting muscle development and lean body mass, and promoting overall growth in pets. Rich in proteins, vitamins, and minerals, wet pet food helps keep pets healthy and well-hydrated. It is especially beneficial for animals that have difficulty chewing due to missing teeth, jaw issues, or other oral health problems. These advantages make wet pet food a preferred choice and an excellent source of hydration for pets.
The growing demand for North America wet pet food market is closely tied to pet health and owner preferences. Globally, the market for wet pet food is expanding, driven by the trend toward premiumization of pet nutrition products and increasing consumer awareness of pet health and wellness.
North America Wet Pet Food Market Segmentation
North America Wet Pet Food Market, by Product
- Dog Food
- Cat Food
- Others
North America Wet Pet Food Market, by Packaging Type
- Canned
- Pouches
- Others
North America Wet Pet Food Market, by Packaging Type
- Supermarket and Hypermarket
- Specialized Pet Shops
- Online
- Others
North America wet pet food market Company Profiles
- Blue Buffalo Co., Ltd.
- FirstMate Pet Foods
- Little BigPaw
- Mars, Incorporated
- Monge SPA
- Petguard Holdings, Llc
- Hill’s Pet Nutrition, Inc.
- Nestlé Purina Petcare
- Butcher’s Pet Care
North America Wet Pet Food Regional Insights
The geographic scope of the North America Wet Pet Food refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North America wet pet food market Strategic Insights
Strategic insights for the North America wet pet food market provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America wet pet food market Product Insights
The North America wet pet food market is segmented on the basis of product is segmented into dog food, cat food, and others. The dog food segment in the North America wet pet food market is estimated to hold a leading share in the market, whereas the cat food segment is estimated to grow at the fastest rate. Dogs are among the most preferred pets food across North America. They are omnivore and thus adopt traditional eating habits, such as meat and non-meat scraps. They require proper nutrition at every stage of their life. Therefore a complete diet program with an adequate combination of carbohydrates, minerals, proteins, fats, vitamins, and water is crucial to maintain healthy body weight. Wet pet food contains a higher amount of aforementioned nutrients, and thus, dog owners prefer buying wet pet food. Wet food helps dogs fight infection, perform daily activities, repair teeth and bones, and maintain their build and muscle tone.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights