Title: Direct-to-Customer Pet Food Market Trends and Analysis
1Direct-to-customer Pet Food Market is expected to
surpass revenues worth US 18 Billion by 2033 and
projected CAGR of 20.4, Mentions Persistence
Market Research
- The Direct-to-Customer Pet Food Market revenues
were held at US 2.2 Billion in 2022, and are
anticipated to grow at a CAGR of 20.5 from 2023
to 2033, according to a recently published
Persistence Market Research report. By the end of
2033, the market is expected to reach a valuation
of US 18 Billion. Direct-to-customer pet meals
are expected to grow with a projected CAGR of
20.4 from 2023 to 2033. - The market is being bolstered by the growing pet
adoption across the world, especially in the
developing spheres. Almost half of the pet food
market is captured by dog food. A significant
proportion of dog owners in the United States
choose to buy dry dog food. Dry dog food is
preferred from a global perspective too. - The direct-to-Customer model offers subscription
plans to increase customer retention to obtain
primary customer data, and offer a tailored
solution for each customer's needs. Owing to
these benefits, companies in the pet food
business have been increasingly inclining their
distribution model from e-commerce to a
direct-to-customer model. - Pet health has become an utmost concern for pet
owners with the surge in urbanization and
initiatives of pet associations to promote more
care for pets. Owing to this trend, companies in
the market are producing nutritional as well as
customized pet foods. In 2019, organic and
natural pet food sales reached US 6.8 billion in
the United States. Thus, customers' growing
demand for organic pet food influences the growth
rate of Direct-to-Customer pet food. - In a nutshell, the Persistence Market Research
report is a must-read for start-ups, industry
players, investors, researchers, consultants,
business strategists, and all those who are
looking to understand this industry. Get a glance
at the report at https//www.persistencemarketre
search.com/market-research/direct-to-
customer-pet-food-market.asp - Competitive Landscape
- Key players in the Direct-to-Customer Pet Food
Market are - Nestle
- General Mills
- Mars Incorporated
2- Hill's Pet Nutrition
- The J.M. Smucker Company
- Diamond Pet Foods
- Heristo Aktiengesellschaft
- Simmons Pet Food
- WellPet, LLCThe Farmer's Dog, Inc.
- The Farmer's Dog, Inc.
- The companies in the industry are active in
engaging customers on social media including pet-
related blogs and other social media portals. - A few of the recent developments in the
Direct-to-Customer Pet Food Market are - In January 2023, Hills Pet Nutrition announced
its plans to expand its presence in Kansas. - In October 2022, Nestle announced that they will
invest US 110 million towards the expansion of
their pet foods. To meet this expansion, the
company acquires around 170.5 acres of land. - In July 2022, Simmons Pet Food Company announced
their plans they will only focus on wet pet food.
The company was producing pet treats and dry pet
food in early 2022, however, they decided to shut
their production. - In May 2021, General Mills declared their
acquisition of Tyson Foods for the expansion of
the business in pet treats. The company acquired
Tysons business for US 1.2 billion. General
Mills included 300 team players of Tyson Foods
after completing this acquisition. - More Insights Available
- Persistence Market Research, in its new offering,
presents an unbiased analysis of the Direct-
to-Customer Pet Food Market, presenting
historical market data (from 2018 to 2022) and
forecast statistics from 2023 to 2033. - The study reveals extensive growth in
Direct-to-Customer Pet Food - by Type (Meal, Treats, Supplements), by Form (Dry
Pet Food, Wet Pet Food),
3- in terms of Region (North America, Europe, Asia
Pacific, Middle East, and Africa, Latin America)
from 2023 to 2033.
About Persistence Market Research Business
intelligence is the foundation of every business
model employed by Persistence Market Research.
Multi-dimensional sources are being put to work,
which include big data, customer experience
analytics, and real-time data collection. Thus,
working on micros by Persistence Market
Research helps companies overcome their macro
business challenges. Persistence Market Research
is always way ahead of its time. In other words,
it tables market solutions by stepping into the
companies/clients shoes much before they
themselves have a sneak pick into the market. The
pro-active approach followed by experts at
Persistence Market Research helps
companies/clients lay their hands on
techno-commercial insights beforehand, so that
the subsequent course of action could be
simplified on their part. Contact Persistence
Market Research Teerth Technospace, Unit B-704
Survey Number 103, Baner Mumbai Bangalore
Highway Pune 411045 India Email
sales_at_persistencemarketresearch.com Web
https//www.persistencemarketresearch.com