North America Vegan Pet Food Market

Market Introduction

The North America region includes countries such as the US, Canada, and Mexico. The rising awareness about vegan pet food is boosting the growth of vegan pet food market in the region. Consumers are more inclined towards veganism. There is more demand for vegan food due to increased concerns about animal cruelty and its negative impact on the environment. Many people are extending their vegan food lifestyle to their pets by feeding them a vegan diet. The shifting pet owner trends towards feeding vegan food items to their pets is likely to drive the demand for vegan pet food items. Also, many pet food companies are introducing innovative products to match up the nutrient content of traditional meat-based pet foods. Thus, the demand for vegan pet food is increasing in the region.

The US in North America has the highest number of confirmed cases of COVID-19 among all key countries. This is likely to impact the overall animal feed industry in the region, including vegan pet food. The North American region is a significant contributor to the vegan pet food market. Owing to the rise in COVID-19 cases, various trade shows and conferences—which are a medium to share information related to pet health, product innovations, and trends in relevant markets; and help the companies to realign their strategies—have been postponed or canceled. Cancellations of these events have impacted the growth of the vegan pet food market indirectly.

Market Overview and Dynamics

The vegan pet food market in North America is projected to reach to US$ 6,485.86 million by 2028 from US$ 3,845.64 million in 2021. The market is estimated to grow at a CAGR of 7.8% from 2021 to 2028.  Pet owners now demand food with essential nutrients for their pets to support pet health. Also Fortification is now anticipated to cater to specifications of pets such as the animal’s breed, life stage, pet size and weight, activity levels, and particular health conditions of pets. For pet owners, pet food is quite an essential product, and the quality is of utmost concern. The role that vegan pet food fortification plays in preventive health is becoming even more important, further helping diminish the cost of an unplanned visit to a vet. Also, pet owners are demanding products that are natural and free of synthetic ingredients and preservatives. Fortification helps in making pet food more sustainable. It can also help a plant-based product to have a more balanced nutrient profile. Fortification of pet food offers health benefits such as immunity and mental wellbeing, as well as these products come with natural ingredients, with a great sustainability profile. The transition to plant-based alternative products, which is sweeping human food markets, is further reshaping the pet food sector. With the increasing trend of veganism among people, the demand for vegan pet food has also grown significantly. Hence, the trend of fortifying vegan pet food with the absent nutrients in a plant-based diet is catalyzing the growth of the North America vegan pet food market.

Key Market Segments

North America vegan pet food market is segmented based on product type, pet type, and distribution channel. The North America vegan pet food market based on product type is segmented into dry food, wet food, and others. Dry food segment accounted for the highest share in the market in 2020 is expected to be fastest growing during forecast period. Based on pet type, is segmented into dogs and cats. The dogs segment accounted for the highest share in 2020 and is expected to be the fastest growing during forecast period. Based on distribution channel, is segmented into supermarkets and hypermarkets, specialty stores, online retail and others. The supermarkets and hypermarkets segment accounted for the highest share in 2020 and online retail segment is expected to be the fastest growing during forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on vegan pet food market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Antos B.V.; V-dogs; Bond Pet Foods, Inc.; Wild Earth; Yarrah; and Halo Pets, among others.

Reasons to buy report

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America  vegan pet food market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in North America  vegan pet food market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth North America  market trends and outlook coupled with the factors driving the vegan pet food market as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.  

North America Vegan Pet Food Market Segmentation

North America Vegan Pet Food Market – By Product Type

• Dry Food
• Wet Food
• Others

North America Vegan Pet Food Market – By Pet Type

• Dogs
• Cats

North America Vegan Pet Food Market – By Distribution Channel

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Retail
• Others

North America Vegan Pet Food Market – By Country

• US
• Canada
• Mexico

North America Vegan Pet Food Market – Companies Mentioned

• Halo Pets                                                                                                 
• YARRAH 
• Antos B.V.                                                                                                
• V-dogs                                                                                                     
• Bond Pet Foods, Inc.                                                                             
• Wild Earth     

North America Vegan Pet Food Market Strategic Insights

North America Vegan Pet Food Market Segmentation Analysis

North America Vegan Pet Food Market Report Highlights

North America Vegan Pet Food Report Scope

North America Vegan Pet Food Market Country and Regional Insights