Global Cat Food Market Set to Surge, Eyeing USD 45 Bn by 2028: Ken Research

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Story Outline

• The surge in pet insurance purchases reflects the growing dedication to providing high-quality products and transparent information about the ingredients used in cat feeds.

• The United States faces a concerning epidemic of feline obesity, with 60% of cats struggling with overweight or obesity issues. This excess body fat has severe consequences on cat health, leading to various diseases and a shortened lifespan.

• The pandemic had a profound impact on feline eating habits, affecting over 71% of cases according to a Hill's Pet Nutrition Survey. With 33% of cat owners attributing their pets' weight gain to the pandemic period, the importance of maintaining a healthy lifestyle for cats became clearer than ever.

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1. What are the underlying reasons behind The Boom in Cat Ownership!?

Cat owners are more concerned than ever with the welfare of their pets (the most recent National Pet. Owners Survey conducted by the American Pet Products Association revealed a nearly twofold increase in cat owners' pet insurance purchases). Cat owners want to be able to obtain high-quality products and know what substances are being utilized easily and affordably. For these reasons, the success of future cat feeds may depend on transparency and a dedication to superior ingredients. Sales of wet kitten goods climbed by 48% at WellPet in 2021. The firm has just unveiled its Wellness Complete Health Wet Food for Kittens.

Owners of cats are beginning to hunt for new substitutes that are produced using enhanced research-based recipes. Kat Kin has obtained USD 246 Mn in additional investment to go on its mission of delivering freshly prepared and individually designed cat food to households around the world.

More people now live in cities than in rural areas, and cat ownership has increased in parallel with this. Despite this fact, cats continue to receive less routine veterinary care than Cats.

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2. Unveiling the alarming surge in cat obesity rates and its implications on the Cat Food industry

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Startling figures released by the Association for Pet Obesity Prevention (APOP) reveal that a staggering 60% of cats in the United States are grappling with overweight or obesity issues. This growing epidemic of excess body fat is taking a toll on feline health, leading to a host of diseases, including diabetes mellitus, gastrointestinal problems, urinary tract conditions, osteoarthritis, chronic inflammation, and a shortened lifespan.

APOP provides crucial weight guidelines for different cat breeds: domestic cats should ideally weigh between 8-10 lbs, Persian cats 7-12 lbs, Siamese 5-10 lbs, and Maine Coons have the largest ideal weight range, varying between 10-25 lbs.

In 2021, a Hill's Pet Nutrition Survey revealed that the pandemic's impact on feline eating habits was profound, affecting over 71% of cases. More concerning was the finding that 33% of cat owners with overweight pets attributed their cat's weight gain to the pandemic period.

Royal Canin, determined to combat this alarming trend, has set an ambitious goal to reduce cat obesity prevalence in all felines by 2025. Their mission includes creating awareness about the issue and promoting healthy habits through strategic campaigns, innovative tools, and scientifically backed nutritional solutions.

3. The demand for high-quality cat food is on the rise owing to increased awareness about the health of cat.

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In recent years, there has been a notable upsurge in awareness about the health and well-being of cats among pet owners and the general public alike. As feline companionship continues to grow, so does the understanding of the crucial role that proper health plays in ensuring a fulfilling and long-lasting bond with our beloved feline friends. Pet parents are increasingly proactive in seeking out information on nutrition, exercise, and preventive healthcare measures tailored to meet their cat's specific needs. Veterinarians and animal health experts have also played a vital role in spreading knowledge and promoting the significance of regular check-ups, vaccinations, and early detection of potential health issues. This heightened awareness not only fosters healthier lifestyles for our feline companions but also strengthens the human-animal bond, fostering a sense of responsibility and care for our whiskered companions like never before. As a result, cats today are benefiting from better-informed and devoted caregivers, leading to improved overall well-being and happier lives for these cherished members of our families.

The global pet industry embraces pet humanization, as cat owners seek human-like experiences for their feline companions. Online sales in pet care are projected to surge by over 15% from 2018 to 2022. The Alpha Wise survey reveals strong emotional bonds between owners and cats worldwide. The pandemic drives e-commerce growth for cat food, particularly among younger generations. This evolving trend presents opportunities for businesses to cater to pet owners' desires and enhance the human-pet bond.