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, characterized by its high water content (75-85%) mixed with dry components, is gaining popularity among pet owners. This preference stems from the perceived benefits of wet food in boosting energy, developing muscles and lean mass, and supporting overall growth in animals. Furthermore, these foods deliver essential nutrients like proteins, vitamins, and minerals, contributing to the health and hydration of pets. Wet food is also a particularly suitable choice for pets with chewing difficulties due to dental issues or jaw misalignments. These advantages make wet pet food an appealing option and an excellent source of hydration. However, its demand is closely tied to pet health and owner preferences. Globally, the need for wet pet food is on the rise, driven by a growing trend towards premium pet food products and increased consumer attention to their pets' well-being.
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