Canada Pet Food Market size was $3,132.2 million in 2020. Pet food is a specialised diet for domesticated animals that are designed to meet their nutritional requirements. Meat, meat byproducts, cereals, grain, vitamins, and minerals are common ingredients in pet food. More than 3,000 different pet food options are available, including dry, canned, and semi-moist varieties, as well as snacks like biscuits, kibbles, and treats. The majority of pet food is "complete and balanced," which implies that each serving is a complete meal with all of the necessary nutrients. As a result, pet foods are made with meticulously prepared recipes created by veterinary scientists and experts in companion animal nutrition. Proteins, lipids, carbs, vitamins, minerals, and independent amino acids are the four major types of nutrients. There are 42 to 48 important nutrients for cats and dogs which have been discovered by veterinary researchers. The components used in a particular pet food recipe supply this. In 2016, the production of pet food was 1,765.9 metric tons which increased yearly till 2020 and produced 2,363.8 metric tons. According to the Pet Food Association of Canada, 97% of imported pet food is from the U.S. and about 617.5 metric tons of pet food are imported in 2020. Additionally, increased pet adoption, rising demand for premium dog and cat food, and changes in pet animal food manufacturers' strategy have all boosted dog and cat food sales in Canada. During the lockdown, pet owners stocked up on dog and cat food, resulting in a short-term spike in sales.
Rising trends of adopting pets among the population gave rise to the usage of pet food were some of the factors that drove Canada Pet Food Industry from 2016 to 2020.
Canada Pet Food Market Report Coverage
The report: “Canada Pet Food Market (2016-2020)", by Industry ARC covers in-depth information on the following segments of the Canada Pet Food Market.
By Pet Food- Dog & Cat Food, Ornamental Fish Food, Pet Bird Feed and Others (Small Mammals Food, Reptile’s food)
Key Takeaways
- Canada's pet population has grown at a compound annual growth rate CAGR of 0.4% from 27.5 million pets in 2016 to 27.9 million pets in 2020. As people are getting more conscious of the health of pets which rising the adoption of pet food. Pet food helps in providing proper nutrition and energy to animals which helps them to survive healthily. So, consumers are trying to make habits of their pet to adopt pet food for their health.
- Rising trends of adopting pets among the population give rise to the usage of pet food are some of the factors driving the Canada pet food Market. However, stringent regulations of pet food are some of the factors impeding the market growth.
- A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Canada pet food Market Report.
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Canada Pet Food Market Segmentation Analysis- By Pet Food
The pet food market based on type can be further segmented into Dog & Cat Food, Ornamental Fish Food, Pet Bird Feed, and Others. Dog & Cat Food held a dominant market share in the year 2016. People are mostly preferring to adopt a dog owing to its trusty behaviour and loyal nature. Dogs are like family members for many people as they have the ability to adapt to the loving nature of humans. In various sectors, the adoption of dogs increases as they are considered watchmen in various commercial buildings as well as in personal households. Insecurity department, dogs are mostly used to identify the killer and help to solve the case. Owing to such reasons, people are becoming desperate to adopt a dog. There are about 7.7 million dogs in Canada and about 47% of dogs were adopted in 2019. Cats are considered cute animals for many people, especially liked by kids which increases their adoption in the household sector. According to the Pet Food Association of Canada, there are about 8.1 million cats in Canada. Many kids have a hobby to adopt cats as their pets for playing purposes. Owing to such reasons the demand for cats increases in Canada. The percentage of households with cats grew from 8.4 percent in 2016 to 40.1 percent in 2020. Further, dog & cat food demand has gained traction owing to the increase in the number of supermarkets/hypermarkets and e-commerce platforms. Recently, people are preferring to buy products online as they don’t have enough time to visit shops owing to their busy schedule. In today’s generation, technology is advanced so people are using more online channels to buy a variety of products. In the online sales channel, there are suitable options for every type of pet food so, it becomes easy for customers to choose according to their needs.
Canada Pet Food Market Drivers
Pet Humanization Is Becoming More Popular That Have Readily Aided The Market Growth.
Pet humanization has recently gotten a lot of attention in the mainstream media throughout the world. In the pet food industry, the transition from pet ownership to pet parenting has been a fundamental and defining development. Pets are now considered members of the family as a result of this pet humanization movement. Consumers' willingness to spend more on pet food is shaped by the developing attachment between pet owners and their pets. Consumers are becoming more concerned about their pets' health and are purchasing pet food with high nutritional value for their pets' benefit. Pet owners nowadays are looking for pet consumables that are locally made, natural, or have unique health benefits, in addition to standard meal products. Furthermore, the pet humanization movement has boosted health awareness, resulting in a desire for pet food that is free of sugar, grain, dye, and other chemical additives. As a result of the increasing trends of pet humanization and premiumization, pet food demand increased.
Rising Adoption Of Pets Among Elderly Population Drove Market Growth
In today’s generation, people are busy owing to their work schedule and owing to such reason they are not able to spend time with the grandparents or elder people. Nowadays, people are leaving their families to make a successful career which makes the older generation get alone in their home. So, the adoption of pets increases among older people to spend their time well. Animals can help reduce stress, lower blood pressure, increase social interaction and physical activity and also have an effect on symptoms of depression and feelings of loneliness. Among the elderly population, dogs are the most adopted animal in Canada who became an effective member of their family. Owing to such reasons, the adoption of pets surges among the older generation which further gives rise to the demand for pet food.
Canada Pet Food Market Challenges
Stringent Government Regulation Regarding Pet Food Is One Of The Factors Impeding Market Growth.
The Canadian Food Inspection Agency (CFIA) regulates pet food imports and related products to prevent animal diseases and regulates the movement of inedible meat products and administers legislation requiring the certification of certain imported pet foods containing animal products. The Canadian Food Inspection Agency recently revised requirements for heat-treated and raw/minimally heat-treated pet food imported from the United States.
Canada Pet Food Market Competitive Landscape
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Canada Pet Food Market. The top 10- Canada Pet Food Market companies are-
- Elmira Pet Products,
- Corey Nutrition Company,
- Horizon Pet Food,
- Canadian Jerky,
- Kabo,
- Champion Pet Foods,
- PLB International,
- BRT Pet Foods,
- Smack Pet Foods Inc.,
- Canadian Naturals.
Recent Developments
- In June 2020, Kabo launched its latest product Monch Bars which offers an all-natural protein snack for on-the-go energy. Monch Bars are individually wrapped and formulated with locally sourced, allergy-friendly proteins such as salmon, duck, and lamb. The dog snacks feature only natural ingredients, including oatmeal and turmeric to reduce inflammation and support digestion.
- In October 2020, Champion Pet foods launched two new wet dog food lines in the Canadian pet food market. The demand for premium wet dog food continues to grow in Canada because pet owners are looking for foods high in animal protein.
Relevant Titles
Pet Food Packaging Market- Forecast (2022-2027)
Report Code- CMR 0175
Pet Food Ingredient Market- Forecast (2022-2027)
Report Code- FBR 0183
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