The Dog Food in Thailand report includes: Analysis of key supply-side and demand trends Detailed segmentation of international and local products Historic volume and value sizes, company and brand market shares Five year forecasts of market trends and market growth Robust and transparent research methodology, conducted in-country Pet Cat Food In Thailand Raw Material For Production Of Animal Feed Animal Feed Making Machine , Find Complete Details about Pet Cat Food In Thailand Raw Material For Production Of Animal Feed Animal Feed Making Machine,2022 Pellet Size 1-12mm Animal Floating Fish Feed,Pet Food Plant For Sale,Animal Feed Pellet Making Machine from Pet Food Processing Machines Supplier or Manufacturer-Jinan . Source: Petfoodindustry.com Southeast Asian Pet Care Market Growth (2014 - 2020) The Southeast Asia pet care market is estimated at US$ 952 million in 2014 and expected to reach 1,412.7 million by 2020, reflecting a CAGR of 6.8% during forecast period. Other Services $9.5 billion. The US currently exports dog and cat food worth $8.98 million to Thailand, which is an increase of 4.2% from 2021 to 2022. Pet Food Market Size, Share & Industry Analysis, By Animal Type (Dogs, Cats, and Others), Form (Dry Pet Food, Wet Pet Food, and Snacks & Treats), Distribution Channel (Supermarkets/ Hypermarkets . March 23, 2021 thailand pet food asia pacific The pet food market in Thailand was equal to 609 million USD (calculated in retail prices) in 2015. Driven by growing trend of pet humanization across the world, sales of dog food are projected to grow by 6.2% CAGR through 2031, finds Future Market Insights in a recent market study. Frozen and Freeze-Dried Pet Food Market Size, Sales, CAGR And Competition Data from 2022 To 2029 with Top Countries Data | 127 Pages Report Published: Oct. 27, 2022 at 8:31 a.m. in 2021 and total revenue is expected to grow at a rate of 7.01 % CAGR from 2022 to 2029, reaching almost US$ 46.55 Bn. This report contains market size and forecasts of Pet Food in Thailand, including the following market information: Thailand Pet Food Market Revenue, 2015-2020, 2021-2026, ($ millions) The Food market in Thailand is projected to grow by 5.83% (2022-2027) resulting in a market volume of US$86.69bn in 2027. . Euromonitor International's Pet Food and Pet Care in Thailand report serves as a guide to the market in Thailand in addition to providing retail sales data (2003-2008) and identifying the leading companies and brands. Confectionery & Snacks, Baby Food and Pet Food. The Key Pet Industry Statistics in Review. Of the total, the pet food business accounted for the largest . The COVID-19 pandemic has increased pet food sales significantly. The Thailand pet food market is projected to witness a CAGR growth rate of 5.2% during the forecast period. The pet industry grows by 11.6% every year. Get a sample PDF of the report at - https://www . Opportunities for the Pet Food Market in Trends, opportunities and forecast in this market to 2026 by product type (dry food, wet/canned food, nutritious food, snacks/treats . Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the . Most meat used for nonhuman animals is a byproduct of the human food industry, and is not regarded as human grade . According to the Thai Pet Product Industries Association, the market value of pet-related industries in Thailand is USD 73 billion in 2018, half of which is pet food. The most common used pet food ingredients include grains, oilseed mill products and meat products. Raw Pet Food Market Overview: Feeding the pet with high-quality raw pet food improves the overall health of the pet, their digestive and immune system, and gives them healthy skin and a thick coat. Pet Food in China by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. These phenomena benefited all imported pet food and increased demand for higher-quality products. Bulgaria, China, India, Japan, Australia, India, South Korea, Thailand, Saudi Arabia - Forecast 2024 "North America & Europe animal healthcare market size was around USD 40 billion in 2018 and is predicted to be reach . This market covers packaged, prepared dry and wet food specifically for cats and dogs. Pet food is specialized food given to domesticated animals, which is tailored to meet their nutritional needs. The global pet food market is projected to register a CAGR of 4.6% during the forecast period 2022-2027. Due to the pet humanization phenomenon, the market showed an average growth rate of 10% annually since 2017. According to the Thai Pet Product Association, in 2020 there were about 14.5 million pets in Thailand: 8.9 million dogs (62%), 3.3 million cats (23%), and The global pet food market reached a value of US$ 112.87 Billion in 2021. Thailand Pet Food Market Size and Share 2022 with Leading Players, Business Boosting Strategies, Current Trend, Growth Opportunities (with CAGR) and Forecast 2027 Tuesday, June 7th 2022, 8:13 AM CDT Thailand Pet Food Market Report (2022) report covers the top regions and countries of the world, value, Budget allocation and key challenges and . Food represents a . The global pet food market size reached a value of almost USD 98.9 billion in the year 2020. The main opportunities are for dog and cat food in the retail sector, which has shown increasing sales over the past few years. The Raw Pet Food Market accounted for USD 130.55 billion in 2021 and is expected to reach USD 195.84 billion by 2029 at a CAGR of 5.2 % during the forecast period. In 2020, Thailand exported 609,001 tons of pet food, valued at $1.6 billion (1.3 billion). In 2021, $123.6 billion was spent on our pets in the U.S. Breakdown: Pet Food & Treats $50.0 billion. What is the future market value for Dog Food Market? Thailand is the world's third largest pet food exporter in 2021 with export value of more than 65 billion baht, an increase of 27% from the year before, according to the Thai Pet Food. Dog owners spend $73 a year on grooming. This is due to Thailand's abundance of resources from. Growth Opportunities: Analysis of growth opportunities in different product type, pet type, and distribution channel for the pet food market in Pakistan. The market research report identifies and prioritizes opportunities for Pet Food Market by product type (dry food, wet/canned food, nutritious food, snacks/treats, and . American food processors in Thailand are impeded by 9% Thai tariff rates. COVID-19 Impact Although Thailand has successfully controlled the surge of COVID-19 infections, the economic impact has been severe. What is the growth rate of the Dog Food Market? Supplies, Live Animals & OTC Medicine $29.8 billion. 2018 $90.5. Animal and Pet Food Market has witnessed a growth from USD million from 2017 to 2022 with a highest CAGR is estimated to reach USD in 2029. Who are the major players operating in the Dog Food Market? Compared to 2019, this is a volume increase of 13% and a value increase of 19%. The research handbook provides up-to-date market size data for period 2011-2015 and illustrative forecast to 2020 covering key market aspects like Sales Value and Volume for . Market size comprises sales through all retail channels including direct to consumer. Owing to the restrictions in the movement of raw materials, the pet food industry suffered initially in terms of supply and cash flow. The pet food industry has been growing steadily, whereas human food sales have been growing by a mere 5%. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF 'The Angels'), often referred to by its initials L.A., is the commercial, financial, and cultural center of Southern California.With a population of roughly 3.9 million as of 2020, it is also the largest city in the state of California and the second most populous city in the . In Thailand [households owning cats and dogs] grew 22% and 17% respectively, between 2017 and 2021.". The market is expected to grow annually by 11.17% (CAGR 2022-2027). The global pet food ingredients market size was valued at USD 39.94 billion in 2018 and is likely to expand at a CAGR of 5.9% during the forecast period. Looking forward, IMARC Group expects the market to reach US$ 154.04 Billion by 2027, exhibiting a CAGR of 5.42% during 2022-2027. The pet business in Thailand last year was worth 26.3 billion baht, according to research conducted by NEO and Thonglor Pet Hospital. This market covers packaged, prepared dry and wet food specifically for cats and dogs. raw lamb), raw meaty bones and vegetables Always check with your vet first that raw meaty bones are suitable for your particular dog (e.g. 02-258-0317-8 02-258-0319. tpfa@thaipetfood.org The global Pet Food market size was valued at USD 20670.33 million in 2021 and is expected to expand at a CAGR of 9.54% during the forecast period, reaching USD 35708.01 million by 2027.. It's estimated the US pet industry reached $99 billion in 2020. Considering this, FMI has forecast the market size to [] 21% of pet owners spent more money on pets during the Covid-19 pandemic. Online purchases and subscriptions of pet food and related products have reached an all-time high. Thailand Revenue in the Pet Food segment amounts to US$1.27bn in 2022. others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, . Actual Sales within the U.S. Market in 2021. Pet Industry Statistics Report Highlights. This share is expected to record a growth of an annual average during the forecast period. Thailand: Thailand's Pet Food Market Thailand's pet food market experienced steady growth due to the rise of "pet humanisation" and an increasing cat population. "Greatest Pet Care also recognizes that Thai pet food manufacturers are at an advantageous position compared to their peers abroad. The majority of these companies have headquarters in Japan, with others in Thailand, Australia and South Korea. Key trends are clearly and succinctly summarised alongside the most current research data available. Pet food is animal feed intended for consumption by pets such as dog food or cat food. Between 2017 - 2019, the pet market in Thailand is valued at 29.3 billion , 32.2 billion, and 36 billion Thai Baht respectively. In global comparison, most revenue is generated in. Global Pet Food Market is valued at USD 95.61 Billion in 2021 and is expected to reach USD 132.76 Billion by 2028 with a CAGR of 4.80% over the forecast period. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the . The Thailand pet food market was worth $1.2 billion in 2021 and is forecasted to grow at a CAGR of 7.6% during 2022-2027. in 2029. In 2021, Thai pet food exports are expected to expand by at least 10%. Thailand's Pet Food Market Thailand's pet food market (mainly targeting dogs and cats) is considered Asia's 2 nd largest after China with a market value of US$ 900 million in 2019. The market is further expected to grow at a CAGR of 5.5% between 2022 and 2027 to reach a value of almost USD 136.4 billion by 2027. Asia and Australia include a wide range of pet food markets with individual consumer demand trends. Growing number of research and . Comparing the quantities during the first 5 months of 2021 with the same period in 2020 shows that . Until 2025, the pet food market in Thailand is forecast to reach 1.47 billion USD (in retail prices), thus increasing at a CAGR of 7.70% per annum for the period 2020-2025. January 30, 2017 | Attach Report (GAIN) South Africa has a well-developed pet culture and is a net importer of pet food products. The Global Pet Supplements Market size is expected to reach $2.1 billion by 2027, rising at a market growth of 6.3% CAGR during the forecast period. The Global Pet Food market is growing at a higher pace owing to the increasing number of pet adoptions all around the world. Pet supplement refers to a popular option to conventional pet food, having low carbs, high nutrients, and has a slightly sweeter taste. What are the major countries covered in the Dog Food Market? Shifting consumer preference towards organic and plant-based dog food options is anticipated to push sales in the market over the forecast period. Segmentation Analysis: Pet food market by various segments, such as product type, pet type, and distribution channel in terms of value. According to our (LP Information) latest study, the global Pet Food market size is USD million in 2022 from USD 99960 million in 2021, with a change of % between 2021 and 2022. Pet supplement is considered as a rich source of nutrients . Though there is trade potential for US pet food processors in the country, most pet food exports are . Thai Pet Food Trade Association (TPFA) reported that Thailand is the third biggest pet food exporter in 2021with an export worth 65 billion baht ($1. The pet food market in Thailand in terms of revenue is set to grow by US$ 860 million during 2021-2027, growing at a compound annual growth rate (CAGR) of 8% during the forecast period, according to data and . The dog food market value is projected USD 88.15 billion by forecast. . Pet Food Market in Thailand - Manufacturing and Consumption, Outlook and Forecast 2020 . Thailand dog food market by product (dry foods, treats, toppers, or mixers, wet food), by price range (economy dog food, premium dog food), by distribution channel (e-commerce, pet specialty stores, supermarkets & hypermarkets, veterinary clinics, others), industry snapshot, 2022-2028. The global pet food market is expected to grow from $72.07 billion in 2020 to $75.29 billion in 2021 at a compound annual growth rate (CAGR) of 4.5%. Dog Food Market Snapshot [300 Pages] The dog food market value is expected to reach US$ 44.83 Bn in 2021. Pet owners spend an average of $329-$442 on pet food in a year. Read More Thailand Pet Food Market - Growth, Trends, and Forecast (2020 - 2025) The COVID-19 pandemic negatively impacted supply chains globally. According to the Thai Pet Products Association, Dogs, make up the largest market segment for pet food, both, in terms of revenue and volume holding. Thailand Forklift Market Overview Thailand Forklift Market Size is forecast to reach $341.4 million by 2026, at a #CAGR of 7. . Triton Market Research predicts that the market for pet food in Thailand would witness a CAGR of 5.43% (with $XX million in value) and 4.73% (with XX kilotons in volume) over the forecast period 2022-2026. According to Future Market Insights (FMI), the overall sales in the dog food market will total US$ 81.65 Bn by 2031, rising at a CAGR of 6.2% for 2021-31.. 163 Rajapark Building, 11th floor, Sukhumvit 21 Road (Asoke), Klongtoey-Nua Contact US Wattana, Bangkok. According to the US Census Bureau, US exports of dog and cat food to Thailand grew a mere 4.2% from 2021 to 2022, amassing $8.98 million. 2-in-3 American households include at least one pet. According to the Thai Pet Product Association, in 2020 there were about 14.5 million pets in Thailand: 8.9 million dogs (62%), 3.3 million cats (23%), and other pets (15%.) Among companies based in Asia or Australia, these pet food producers had the highest annual revenue in 2021, according to Petfood Industry's Top Companies Current Data. Looking forward, IMARC Group expects the market to reach US$ 84 Billion by 2027, exhibiting at a CAGR of 4.95% during 2022-2027. The global dog food market reached a value of US$ 62.7 Billion in 2021. The Thailand pet food industry has been growing at an annual rate of 11% annually since 2011. 61% of US pet owners will pay more for foods to target pets' dietary needs. Global Pet Food Market is valued at USD 89.65 Billion in 2020 and is expected to reach USD 118.77 Billion by 2027 with a CAGR of 4.1% over the forecast period. PET Market Overview: PET is the very common thermoplastic polymer resin & is used in fibres for clothing, bottles for liquids & foods, thermoforming for engineering, & in mixture with glass fiber for manufacturing resins. Pet food is plant or animal material intended for consumption by pets and can prevent feeding advantage of certain diseases. Market size for Pet Food in Thailand is given in THB and tonne with a minimum of five years' historical data. The global. ET Los Angeles (US: / l s n d l s / lawss AN-jl-s; Spanish: Los ngeles [los axeles], lit. It has unique characteristics such as nutritious comprehensive, digestion and absorption rate and reasonable scientific formula. . Market Forecast is provided for five years. 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