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North America Vegan Pet Food Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Dry Food, Wet Food, and Others), Pet Type (Dogs and Cats), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

Code: TIPRE00023593 | Pages: 91 | Industry: Food and Beverages | Date: Jul 2021
Covid

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     

1.          Introduction

1.1        Study Scope

1.2        The Insight Partners Research Report Guidance

1.3        Market Segmentation

2.          Key Takeaways

3.          Research Methodology

3.1        Scope of the Study

3.2        Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

3.2.8        Limitations and Assumption

4.          North America Vegan Pet Food Market Landscape

4.1        Market Overview

4.2        PEST Analysis

4.3        Expert Opinion

5.          North America Vegan Pet Food Market – Key Market Dynamics

5.1        Market Drivers

5.1.1        Growing Number of Pet Owners

5.1.2        Fostering Humanize Approach Towards Pets

5.2        Market Restraints

5.2.1        Nutrient Inadequacy Related to Vegan Pet Food

5.3        Market Opportunities

5.3.1        Increasing Demand of Vegan Pet Food

5.4        Future Trends

5.4.1        Raising pet Food Fortification

5.5        Impact Analysis

6.          North America Vegan Pet Food Market– Market Analysis

6.1        North America Vegan Pet Food Market Overview

6.2        North America: Vegan Pet Food Market –Revenue and Forecast to 2028 (US$ Million)

7.          North America Vegan Pet Food Market Analysis – By Product Type

7.1        Overview

7.2        North America: Vegan Pet Food Market, By Product Type

7.3        Dry Food

7.3.1        Overview

7.3.2        Dry Food: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

7.4        Wet Food

7.4.1        Overview

7.4.2        Wet Food: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

7.5        Others

7.5.1        Overview

7.5.2        Others: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

8.          North America Vegan Pet Food Market Analysis – By Pet Type

8.1        Overview

8.2        North America: Vegan Pet Food Market, by Pet Type

8.3        Dogs

8.3.1        Overview

8.3.2        Dogs: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

8.4        Cats

8.4.1        Overview

8.4.2        Cats: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

9.          North America Vegan Pet Food Market Analysis – By Distribution Channel

9.1        Overview

9.2        North America: Vegan Pet Food Market, by Distribution Channel

9.3        Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Supermarkets and Hypermarkets: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

9.4        Specialty Stores

9.4.1        Overview

9.4.2        Specialty Stores: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

9.5        Online Retail

9.5.1        Overview

9.5.2        Online Retail: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

9.6        Others

9.6.1        Overview

9.6.2        Others: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

10.       North America Vegan Pet Food Market – Country Analysis

10.1      Overview

10.1.1     North America: Vegan Pet Food Market, by Key Country

10.1.1.1       US: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Vegan Pet Food Market, by Product Type

10.1.1.1.2       US: Vegan Pet Food Market, by Pet Type

10.1.1.1.3       US: Vegan Pet Food Market, by Distribution Channel

10.1.1.2       Canada: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Vegan Pet Food Market, by Product Type

10.1.1.2.2       Canada: Vegan Pet Food Market, by Pet Type

10.1.1.2.3       Canada: Vegan Pet Food Market, by Distribution Channel

10.1.1.3       Mexico: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Vegan Pet Food Market, by Product Type

10.1.1.3.2       Mexico: Vegan Pet Food Market, by Pet Type

10.1.1.3.3       Mexico: Vegan Pet Food Market, by Distribution Channel

11.       Impact of COVID-19 on North America Vegan Pet Food Market

11.1      Overview

12.       Company Profiles

12.1      Antos B.V.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Bond Pet Foods, Inc.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      V-dog

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Wild Earth

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      YARRAH

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Halo Pets

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

13.       Appendix

13.1      About The Insight Partners

13.2      Word Index

LIST OF TABLES

Table 1.            North America Vegan Pet Food Market –Revenue and Forecast To 2028 (US$ Million)

Table 2.            North America Vegan Pet Food Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.            North America Vegan Pet Food Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.            North America Vegan Pet Food Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 5.            US Vegan Pet Food Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.            US Vegan Pet Food Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.            US Vegan Pet Food Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 8.            Canada Vegan Pet Food Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.            Canada Vegan Pet Food Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Canada Vegan Pet Food Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Mexico Vegan Pet Food Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Mexico Vegan Pet Food Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Mexico Vegan Pet Food Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Vegan Pet Food Market Segmentation

Figure 2.           North America Vegan Pet Food Market Segmentation – By Country

Figure 3.           North America Vegan Pet Food Market Overview

Figure 4.           Dry Food Segment Held Largest Share of North America Vegan Pet Food Market

Figure 5.           US Held Largest Share of North America Vegan Pet Food Market

Figure 6.           North America Vegan Pet Food Market, Industry Landscape

Figure 7.           North America: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           North America Vegan Pet Food Market Impact Analysis of Drivers and Restraints

Figure 10.        North America: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America: Vegan Pet Food Market Revenue Share, by Product Type (2020 and 2028)

Figure 12.        Dry Food: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Wet Food: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Others: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America: Vegan Pet Food Market Revenue Share, by Pet Type (2020 and 2028)

Figure 16.        Dogs: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Cats: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        North America: Vegan Pet Food Market Revenue Share, by Distribution Channel (2020 and 2028)

Figure 19.        Supermarkets and Hypermarkets: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Specialty Stores: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Online Retail: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Others: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Geographic Overview of North America Vegan Pet Food Market

Figure 24.        North America: Vegan Pet Food Market Revenue Share, by Key Country (2020 and 2028)

Figure 25.        US: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Canada: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Mexico: Vegan Pet Food Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Impact of COVID-19 Pandemic on Vegan Pet Food Market in North America

 

  1. Halo Pets                                                                                                 
  2. YARRAH 
  3. Antos B.V.                                                                                               
  4. V-dogs                                                                                                     
  5. Bond Pet Foods, Inc.                                                                              
  6. Wild Earth                                                                                       
  • 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  

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