Vegan Dog Food Market to2028 - Industry Demand Analysis

report image

Vegan Dog Food Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Dry Food, Wet Food, Treats, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00026059 | No. of Pages: 140 | Category: Food and Beverages | Status: Published

[Research Report] The vegan dog food market was valued at US$ 6,386.83 million in 2021 and is projected to reach US$ 10,839.65 million by 2028; it is expected to grow at a CAGR of 7.8% from 2021 to 2028.

Vegan dog food is made entirely with plant-based components, with no animal-derived raw materials, guaranteeing that no animals are harmed or exploited in any way. Veganism is one of the rapidly emerging trends. People are shifting their food preferences toward plant-based diet owing to the rising awareness about the benefits of plant-based food and animal wellbeing. Moreover, vegan pet owners prefer feeding their pets with a vegan diet. Vegan dog food offers various advantages, such as it helps reduce the odor of the dog's feces and lower food deposits on bones and joints that can mitigate the risk of articular gout. Moreover, as vegan diet is clean, dogs fed with vegan food face less digestion problems. Cancer and hypothyroidism are less likely to strike. Thus, the rising popularity of vegan diet amongst the dog owners owing to its benefits is primarily driving the market growth.

In 2020, Europe held the largest share in the global vegan dog food market and Asia-Pacific is anticipated to be the fastest-growing market during the forecast period. Veganism, or the practice of avoiding the use of animal products in diet, is gaining popularity in the region. Europeans are becoming aware of the harm they are inflicting to the environment and the animal population. In Europe, the number of vegans is expanding at a faster rate. Furthermore, the widespread availability of vegan dog food items with the same nutrient content like traditional meat-based pet diets allows pet owners to select a vegan diet over a traditional one. This factor is considerably driving the growth of the vegan dog food market across Europe.

Impact of COVID-19 Pandemic on Vegan Dog Food Market

The COVID-19 pandemic posed unprecedented challenges to several industries, such as the food & beverage industry. During the early months of the pandemic, the food processing industry faced raw material shortage and distribution problems due to nationwide lockdown, manufacturing plants shutdown, and border restrictions under COVID-19 safety protocols. Small enterprises struggled to operate and sell their products because of the implementation of the COVID-19 safety regulations. Due to the nationwide lockdown and border restrictions, supply chains were entirely disrupted, significantly impacting the sales of various food and beverage goods.  However, it was observed that many pet owners spent a significant amount of money on their pets' health and nutrition. During lockdowns, people spent more time alone at home, which led to an upsurge in animal adoption. This factor has dramatically increased the demand for pet care items, such as pet food, positively impacting the global vegan dog food market. However, due to the shortage of raw materials and labor, there was a demand and supply gap, which hindered the sales and availability of products. Moreover, many distribution centers such as supermarkets and hypermarkets remained close due to lockdowns, which hampered product availability.

Businesses are gaining ground as previously imposed limitations are being eased across various locations. Moreover, the introduction of COVID-19 vaccines by governments of different countries has eased the situation leading to a rise in business activities across the world. Due to rising vaccination rates globally, the global marketplace has started recovering from the losses, which is expected to fuel the growth of the vegan dog food market. Moreover, e-commerce platforms played a significant role in reviving product sales because of their extensive logistics and distribution capabilities. The online retail platforms made the product available at the doorsteps of the consumers. These factors are projected to create lucrative opportunities for the market in the coming years.  

Vegan Dog Food Market: by Region

Vegan Dog Food Market: by Region

Get more information on this report :



Market Insights
Increasing Demand for Vegan Dog Food from Asia-Pacific

Pet owners are spending significant amounts on pet food owing to rising disposable income and increasing concerns related to pet nutrition, health, and wellness. The owners do extensive research on the ingredients used in the pet food. Natural and specialty pet products are in high demand as people extend their own wellness and nutrition preferences to their pets' product choices. The rising trend of veganism and increasing number of pet owners in Asia-Pacific drive the vegan dog food market across the region. Moreover, according to the article published in Bloomberg Quint, in India, pet food sales increased by 20%, due to a rise in pet adoption during the COVID-19 pandemic-induced lockdown, with manufacturers hoping to keep the trend going. Pet adoption is increasing at an exponential rate as individuals spend more time alone at home. Adopting pets is becoming popular among the young generation. This factor is expected to open significant growth opportunities for the vegan dog food market across Asia-Pacific in the coming years.

Product Type Insights

Based on product type, the vegan dog food market is segmented into dry food, wet food, treats, and others. The dry food segment led the market in 2020. Dry foods are low in moisture and available in a variety of forms, such as pellets, kibbles, and flaked cereals. Dry vegan dog food is manufactured by using numerous plant-based ingredients, such as corn, rice, soybean, oats, chickpea, sunflower seed meals, pea protein, hydrolyzed vegetable meal, and flaxseed meal. Moreover, to enhance the nutritional profile of vegan dry dog food, they are fortified with a few essential nutrients such as vitamins and minerals, proteins, amino acids, and probiotics. Dry dog food has high shelf-life and is less prone to decay. Moreover, it can be stored without refrigeration. Thus, they are easy to transfer and store. Furthermore, dry food is high in fiber content and ensure health of dogs’ teeth by reducing the plaque build-up. All these factors are significantly driving the market growth for this segment.

Vegan Dog Food Market, by Product Type – 2020 and 2028

Vegan Dog Food Market, by Product Type – 2020 and 2028

Get more information on this report :


Distribution Channel Insights

Based on distribution channel, the global vegan dog food market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Supermarkets and hypermarkets are one of the most popular distribution channels for vegan dog foods owing to its various benefits such as the access to a great range of products from well-known brands under one roof, ease of product selection, and discounts and attractive deals. Moreover, in these stores, customers can physically check the ingredients present in the product, which is also driving the popularity of supermarkets and hypermarkets. 

Strategic Insights

Report Coverage - Vegan Dog Food Market
Report CoverageDetails
Market Size Value inUS$ 6,386.83 million in 2021
Market Size Value byUS$ 10,839.65 million by 2028
Growth rateCAGR of 7.8% from 2021 to 2028
Forecast Period2021-2028
Base Year2021
No. of Pages140
No. of Tables56
No. of Charts & Figures73
Historical data availableYes
Segments coveredProduct Type and Distribution Channel
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

A few players operating in the vegan dog food market are Antos B.V.; Benevo; Bond Pet Foods, Inc.; V-dog; Soopa Pets; Vegan4dogs; Wild Earth; Yarrah; Isoropimene Zootrofe Georgios Tsappis Ltd.; and Halo Pets. These companies are constantly striving to expand and diversify their market presence and acquire new customers across different geographies. 

Report Spotlights

  • Progressive industry trends in the vegan dog food market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the vegan dog food market from 2019 to 2028
  • Estimation of global demand for vegan dog food
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the vegan dog food market
  • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the vegan dog food market size at various nodes
  • Detailed overview and segmentation of the market, as well as the vegan dog food industry dynamics
  • Size of the vegan dog food market in various regions with promising growth opportunities

Vegan Dog Food Market – by Product Type

  • Dry Food
  • Wet Food
  • Treats
  • Others

Vegan Dog Food Market – by Distribution Channel

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

Company Profiles

  • Antos B.V.
  • Benevo
  • Bond Pet Foods, Inc.
  • V-dog
  • Soopa Pets
  • Vegan4dogs
  • Wild Earth
  • Yarrah
  • Isoropimene Zootrofe Georgios Tsappis Ltd.
  • Halo Pets

Frequently Asked Questions

Some of the prominent players operating in the global vegan dog food market include Antos B.V., Benevo, Bond Pet Foods, Inc., V-dog, Soopa Pets, Vegan4dogs, Wild Earth, Yarrah, Isoropimene Zootrofe Georgios Tsappis Ltd., and Halo Pets among others.
In 2020, Europe held the largest share in the vegan dog food market. Rising trend of veganism and rising concerns related to pet health and nutrition are the primary factors driving the market growth. Veganism, or the practice of avoiding the use of animal products in one's diet, is gaining popularity in the region.
Based on product type, dry food segment led the vegan dog food market in 2020. Dry foods are low in moisture and come in a variety of forms, including pellets, kibbles, and flaked cereals, among others. It is manufactured using ingredients such as corn, rice, soybean, oats, chickpea, sunflower seed meals, pea protein, hydrolyzed vegetable meal, flaxseed meal, and other plant-based components.
Based on distribution channel, in 2020, the supermarkets and hypermarkets segment led the global vegan dog food market. Supermarkets and hypermarkets are amongst the significant distribution channels for vegan dog foods, owing to factors such as the access to a greater range of products from well-known brands under one roof, ease of product selection, and discounts and attractive deals.
Based on distribution channel, the online retail segment is projected to grow at the fastest CAGR over the forecast period owing to factors such as ease of accessibility, availability of wide range of products, convenience offered by these channels in terms of delivery of the products, cashbacks, discount coupons, and attractive deals.
Based on product type, the treats segment is projected to register the fastest CAGR from 2021 to 2028. Vegan treats provide good nutrition, improve dental health of dogs, increase activity, and promote emotional well-being.

The List of Companies - Vegan Dog Foods Market

  1. Antos B.V.
  2. Benevo
  3. Bond Pet Foods, Inc.
  4. V-dog
  5. Soopa Pets
  6. Vegan4dogs
  7. Wild Earth
  8. YARRAH
  9. Isoropimene Zootrofe Georgios Tsappis Ltd.
  10. Halo Pets
  • Highlights key business priorities to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global vegan dog food market, thereby allowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
TIPRE00026059
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Get the Latest COVID-19 Analysis on this market


Have a Question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Speak to Analyst
Pricing
  • $3000
  • $4550
  • $6550
  • $8550

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.

    Inquire for Discount