Pet owners preferring pet diets that contain high-quality ingredients as it provides significant health advantages is driving the demand for human grade pet food thereby boosting the global pet grade food market.
The Human Grade Pet Food Market is expected to reach USD 139.29 billion during the forecast period at a 4.4% CAGR.
Covid-19 Impact & Market Status
The worldwide market experienced supply chain difficulties during the pandemic's first stages. These interruptions happened as a result of a lack of raw supplies, personnel, and transportation constraints. However, ease in lockdown restrictions, operations returned to normal. Furthermore, increased pet adoption, growing demand for human grade pet food, and changes in pet food producer strategy have all boosted worldwide pet food sales. Pet owners also stockpiled up on pet food during the 2020 lockdown, resulting in a short-term increase in sales. Sales were much higher in some of the particularly most affected areas. Asia Pacific, driven by India and China, has arisen as one of the world's most important marketplaces. The upsurge for human grade pet food might be related to the regional market's rise.
Increasing Pet Adoption Will Propel The Dry Food Segment Growth
The global Human Grade Pet Market is classified into snacks, wet food, dry food, and others on the basis of type. Among these, the dry food segment accounted for largest market share in global human grade pet food market. One of the key factors that will drive the global human grade pet food market is expected to be the rising prevalence of owning a pet worldwide, particularly in emerging areas. Rising urbanisation and pet humanization are driving pet owners to choose healthy and high-quality diet for their pets, which is supporting the global human grade pet food market growth rate. Consumers' increased per capita income motivates them to spend on nutritious and sustainable food products for their pets in order to improve their health. Furthermore, the simple availability of items in a variety of pricing ranges is supporting worldwide market growth. They provide clients with varying financial standing and a variety of possibilities.
Growing Innovations Will Propel The Market Growth
The global human grade pet food is classified into offline, online, supermarkets, and others on the basis of Distribution Channel. The leading worldwide market participants are focused on releasing a selection of human grade pet food products to meet the demands of various sorts of animals of varying ages. Companies like as General Mills have launched premium food items in recent years to capture consumers' attention and satisfy the demands of growing dogs. Nestle, for example, created pet food based on protein to make much better use of the resources. Insects are included, and also macronutrients. Likewise, General Mills, Inc. unveiled the debut of Tastefuls, a new cat food line. The substance has been specifically formulated to aid with cognitive growth.
North America Will Be At The Top Of The Leader Global Human Grade Pet Food Market
In the previous year, North America led the market, accounting for 49.9 percent of worldwide sales. The geographical consumption for human grade pet food is largely driven by expanding consumer knowledge about the positive influence on pet health, as well as the growing trend of pet humanization. The rising trend of millennial pet adoption is projected to boost market growth. In terms of revenue, Europe is expected to increase at a faster CAGR during the projection period. Over 80 Billion European homes have at least one small pet. Cat food items dominate the area market due to the high percentage of cat ownership.
The increasing popularity of pets is anticipated to accelerate pet owners' acceptance of human-grade pet diets. Furthermore, many market merchants are concentrating on providing human-grade fresh pet meals.
Human-grade pet treats made from high-quality components are often regarded as fresh. Human-grade pet diets promote improved digestion by eliminating additives and aid the development of robust immunity in pets.
Packaged food is more appealing to dogs and cats since it contains proteins, lipids, and a few carbs. Human Grade pet food is easier to digest, which keeps backyard clean up to a minimum. Wet food is preferred by domestic pets with diseases and those who are picky eaters due to its better digestibility. The growing trend of dog acquisition as a family pet is expected to drive product demand influencing the growth of global pet grade food market. Dogs, in particular, are seeing an increase in the notion of pet humanization. Furthermore, increased urbanisation is one of the key trends driving the global pet grade food market.
Personalized food items for pets are becoming popular in developed areas and are predicted to become popular in emerging economies in the future years. Personalization of pet food items has a huge amount of potential to increase dramatically as pet owners become more careful of the food they serve to their dogs. Pet owners want more control over the materials used in the creation of pet packaged foods, which presents a tremendous potential opportunity for brands or firms that offer specifically made and tailored food stuffs for pet animals. Additionally, personalised food items have a lot of promise since some of those are effective in treating certain pet illnesses, such as obesity.
The global human grade pet food market is estimated to be worth USD 129 billion at a CAGR of 4.59% during 2022-2029.
The practise of giving pets a diet designed exclusively for them is known as human grade pet chow. The premise is that giving animals a diet designed expressly for them is a better option than feeding them conventional pet food. Human grade pet meal is not only suitable for human eating but is also suitable for animals such as dogs. It is designed to be a comprehensive diet, including all of the nutrients required to maintain animals healthy.
Human grade pet food is created with completely natural components such as meat and other things. It is the result of years of research and study by scientists and physicians. For millennia, humans and their pets have relied on human quality pet food. Human Grade Pet Diet is a novel and creative human grade food. It is comprised entirely of natural components and has the same or better nutritional content than top commercial pet meals.
Pet food was mostly luxurious items provided to dogs and cats in the early twentieth century. The majority of pet diets were limited, considerable commercial dog foods produced from meat, and vegetables. Vitamins, and vital fatty acids were rarely included to pet food.
Pet foods are professionally produced diets for pets that include raw or refrigerated foods such as fresh vegetables, fruit components, supplements, meats, and bones. Although fresh pet meals have a shorter shelf life than manufactured pet foods, they contain more nutrients and are easier to digest, reducing the need for backyard clean-up.
The convenience features of natural human grade pet food are expected to promote product demand and drive the global pet grade food market. Unlike most traditional pet feeds, organically grown pet foods are widely utilised. Growing dog food consumption, as well as increased traction in the luxury pet food food category, are expected to boost the human grade pet food market in the coming years. Dry food is experiencing tremendous development in demand when linked to other product rivals due to its ease of preservation and feeding dogs without making a mess. This is driving urban shoppers to choose dry pet food more frequently influencing the global pet grade food market.
An expansion in per capita expenditure, increasing consumer consciousness of organically grown pet food products, a rise in the tendency of nuclear families, and a quick increase in humanization are some of the primary drivers propelling human grade pet food market growth. A surge in the pet populations, and a growth in pet ownership in emerging nations are all factors affecting the growth of the worldwide human grade pet food market. Furthermore, greater pet popularity and increased compassion for pets improved human grade pet food industry sales during the COVID-19 Pandemic. Worldwide pet food sales have increased due to increased pet adoption, continued growth for premium pet food and improvements in pet animal - based food producers' strategy.
The key market players in the global human grade pet food market are Nestle Purina, The Hartz Mountain Corporation, Hill’s Pet Nutrition, Blue Buffalo, The J.M. Smucker Company, Lupus Alimentos, WellPet LLC, and Heristo AG among others.
Innovation: Human-Grade Pet Food Market
- Mars, Inc, In march 2021 invested 200 million USD to expand its Royal Canin plant in Lebanon. Mars, Inc, is a popular pet food manufacturer in the U.S. The company has taken measures to add segments to double production capacity. Nestle Purina Petcare, a leading pet food manufacturer announced an investment of 550 million USD in December 2020 to increase its production facility in Georgia.
- The J.M. Smucker Company in July 2021, announced the launch of their two new products for dogs 30 pounds and above.
- Nestle Purina PetCare announced the completion of a 19 million USD expansion in Dunkirk, New York. They are constantly trying to innovate Fancy Feast savory Cravings, a new cat treats so that they can always stay ahead of the competition.
- With the success of Emergency Transitional Pet Shelter Housing and Assistance Grant Programs in the FY 2020 and FY 2021, the survivors of domestic violence stay together with their pets at the time they need each other's company the most, with $3 million for FY 2022 has been made available.
Human Grade Pet Food Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 129 billion.|
|Growth Rate||CAGR of 4.59% during 2021-2028|
|Segment Covered||Type, Distribution Channel, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||Nestle Purina, The Hartz Mountain Corporation, Hill’s Pet Nutrition, Blue Buffalo, The J.M. Smucker Company, Lupus Alimentos, WellPet LLC & among others.|
Key Segments of the Global Human Grade Pet Food Market
Type Overview, 2019 -2029 (USD Billion)
- Wet Food
- Dry Food
Distribution Channel Overview, 2019 -2029 (USD Billion)
Regional Overview, 2019 -2029 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa