Wednesday, September 4, 2024

Pet Food Testing Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Pet Food Testing Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


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According to The Business Research Company’s Pet Food Testing Global Market Report 2024, The pet food testing market size is expected to see strong growth in the next few years. It will grow to $10.89 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.  The growth in the forecast period can be attributed to increased pet ownership and humanization of pets, growing awareness of providing quality and packaged pet food, shift towards direct-to-consumer pet food sales models, increasing consumer preference for purchasing from trusted brand portals, demand for compliance with high food safety standards. Major trends in the forecast period include technological advancements in testing methods, adoption of novel ingredients in pet food formulations, expansion of veterinary diagnostics and health services, advances in genetic testing for personalized pet nutrition, integration of blockchain technology for traceability.

The rising pet ownership is expected to propel the growth of the pet food testing market going forward. Pets are domesticated animals kept by humans for companionship, entertainment, and sometimes for assistance in specific tasks. The rise is due to growing awareness of the emotional and health benefits pets provide, along with changing social and demographic trends that favor companionship and support from animals. Pet food testing is required to ensure the safety, nutritional adequacy, and quality of pet food, protecting pets from harmful substances and ensuring they receive essential nutrients for their health and well-being. For instance, in October 2022, according to a report published by the American Veterinary Medical Association, a US-based non-profit organization, there was a 29% increase in the proportion of families with at least one cat in 2022. For households with one dog, the cost of veterinarian services rose to $362 annually, while the average yearly cost of veterinary visits for households with cats was $321. Therefore, the rising pet ownership is driving the growth of the pet food testing market.

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The pet food testing market covered in this report is segmented –

1) By Type: Label Validation And Marketability Testing, Nutritional Analysis, Packaging Leak Detection, Stability Study, Other Types
2) By Form: Wet Food, Dry Food
3) By Application: Dog Food, Cat Food, Other Applications

Major companies operating in the pet food testing market are developing technologically advanced products, such as Salmonella testing kits, to ensure the safety and quality of pet food and detect contaminants quickly and accurately, helping manufacturers comply with stringent safety regulations. A Salmonella testing kit is a diagnostic tool used to detect the presence of Salmonella bacteria in food, water, or environmental samples through specific biochemical reactions or immunoassays. For instance, in March 2022, PerkinElmer Inc., a US-based provider of technology and service solutions, launched the Solus One testing kit. The Solus One Salmonella testing kit by PerkinElmer is designed for use on both dry and wet finished pet foods for dogs, cats, rabbits, hamsters, and guinea pigs, delivering rapid results within 24 hours. It holds AFNOR certification to ISO 16140 against ISO 6578-1:2017, ensuring reliable and precise outcomes. The kit supports manual use or integration into automation with Dynex Technologies’ DS-2 system, offering increased throughput and cost-effective training compared to PCR methods. Additionally, it features result confirmation through culture and latex processes, boasts a compact design with reduced consumable usage, and is packaged in a recyclable box.

The pet food testing market report table of contents includes:
1. Executive Summary

2. Pet Food Testing Market Characteristics

3. Pet Food Testing Market Trends And Strategies

4. Pet Food Testing Market - Macro Economic Scenario

5. Global Pet Food Testing Market Size and Growth

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32. Global Pet Food Testing Market Competitive Benchmarking

33. Global Pet Food Testing Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Pet Food Testing Market

35. Pet Food Testing Market Future Outlook and Potential Analysis

36. Appendix


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