Dogs Segment to Dominate APAC Organic Pet Food Market during 2020–2028      

According to a new market research study on “APAC Organic Pet Food Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product Type, Pet Type, and Distribution Channel” is expected to reach US$ 1,032.03 million by 2028 from 510.61 US$ million in 2021. The market is estimated to grow at a CAGR of 10.6% from 2021 to 2028. The report provides trends prevailing in the APAC organic pet food market along with the drivers and restraints pertaining to the market growth. Fortified organic pet food being referred the major factor driving the growth of the APAC organic pet food market. However, issues associated with organic pet food being costly hinders the growth of APAC organic pet food market.  

APAC organic pet food market is segmented into product type, pet type, distribution channel, and country. Based on product type, the APAC organic pet food market is segmented into dry food, wet food, and others. The dry food segment accounted for the largest market share in 2020. Based on pet type, the APAC organic pet food market is segmented into dogs, cats, and others. The dogs segment accounted for the largest market share in 2020. Based on distribution channel, the organic pet food market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment accounted for the largest market share in 2020. Based on country, the APAC organic pet food market is segmented into Australia, China, India, japan, South Korea, and rest of APAC. Rest of APAC held the largest market share in 2020.

The COVID-19 outbreak is anticipated to cause a significant economic loss in APAC. The consequence and impact are likely to worsen with the spread of the virus. The governments in various APAC countries imposed lockdowns in early 2020 to restrict the spread of the virus, which, in turn, negatively impacted the production of organic pet food. The governments had asked pet food manufacturers to delay their production, adversely affecting the global pet food supply, including organic pet food. However, in 2021, the government of different countries in APAC are now offering vaccination to people and taking precautionary measures to protect people against the spread of COVID-19. The governments of various countries in the region have realigned their operations, restructured their production facilities, and procured raw materials required for organic pet food in advance to avoid an imbalance between supply and demand. The e-commerce network is playing a significant role in food and pet food product distribution during the pandemic, and people are mostly preferring to purchase products online.

Evangers; Nestlé; ORGANIC PAWS; and PETCUREAN are among the leading companies in the APAC organic pet food market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Nestle Purina invested USD 115 million in the expansion of its factory in Bloomfield, Missouri USA. This expansion will increase the production of cats brand litters.  

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