Therapeutic Dog Food Market Forecast to 2028
The therapeutic dog food market is expected to reach US $ 8,949. 52 million by 2028 from US $ 6,095. 70 million in 2021; it is expected to register a CAGR of 5.6% during 2021-2028. The growth of the market is attributed to the increasing adoption of companion dogs.
New York, January 6, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Therapeutic Dog Food Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Product Type; Application and Geography” – https://www.reportlinker.com/p06195648/?utm_source=GNW
Therapeutic dog foods are specifically formulated to help in the management of various diseases and conditions. These diets are also prescribed in the treatment of itchy skin, digestive problems, obesity, allergies, and heat-related illnesses, among others.
Pet food manufacturers are increasingly changing their product variations, making them suitable for the welfare of pets.
Dogs are considered an ideal companion for humans because they have a significant impact on the life of their owner. They promote an active lifestyle and can detect impending seizures well in advance of the actual incidence.
Pets contribute to the social, emotional and cognitive development of children, in addition to helping adults relieve stress and anxiety. heart attack.
According to the American Pet Products Association’s 2019-2020 survey, approximately 63.4 million households own at least one dog in the United States. In addition, according to FEDIAF, the body representing the European pet food industry, the popularity of dogs is increasing in the region; the number of companion dogs in the EU increased from 63.7 million in 2016 to 66.4 million in 2017. According to the 2019 Animal Welfare Report (PAW) of the People’s Dispensary for Sick Animals (PDSA) , around 50% of the UK population owns a pet, with an estimated population of 9.9 million pet dogs. 26% of adults in the country own a dog. Thus, a growing preference for dogs as a companion is fueling the growth of the therapeutic dog food market.
Product type information
Based on the type of product, the global therapeutic dog food market is segmented into dry food, wet / canned food, snacks / treats, and others. In 2020, the dry food segment held the largest share of the market.
Furthermore, the snack / treat segment is expected to register the highest market CAGR between 2021 and 2028. Dry foods are perceived to be beneficial for their dental health.
In some cases, they can decrease tartar (tartar). The choice of dry or canned food is based on the preferences of the pet owner and perhaps its cost, unless the pet requires a higher fluid intake (such as cats with dementia. (chronic renal failure or animals with urinary stones), which is expected to drive the market during the forecast period.
On the basis of applications, the therapeutic dog food market is segmented into weight management, digestive care, allergy and immune system health, and others. The weight management segment is believed to hold the largest market share in 2021.
In addition, the digestive care segment is expected to hold a significant market share in the therapeutic dog food market in the future.Recently in January 2021, Wellness Natural Pet Food, a leading brand of WellPet, launched a new range functional pet food formulas targeting digestive health in dogs and cats.
Wellness CORE Digestive Health contains digestive enzymes, prebiotic fiber and probiotics to support gut health. Such developments are likely to drive the growth of the therapeutic dog food market for the digestive care segment.
The major primary and secondary sources mentioned while preparing the report on Global Therapeutic Dog Food Market are American Veterinary Medical Association, Government of Canada, Pet Food Manufacturer Association 2019 Report, 2017 White Paper of Chinese companion animal industry, Canadian Institute of Animal Health. (CAHI), Insurance Research Council October 2020 Report, Worldometer, American Pet Products Association and American Pet Products Association (APPA) 2019-2020 Survey.
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