The pet food testing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Pet Food Testing Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The pet food testing market size has grown strongly in recent years. It will
grow from $7.63 billion in 2023 to $8.18 billion in 2024 at a compound annual
growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed
to growing concerns about pet health and nutrition, growth in pet food
manufacturing facilities, rising prevalence of food allergies in pets, increase
in disposable income, demand for transparency in pet food labelling.
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.
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Scope Of Pet Food Testing Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Pet Food Testing Market Overview
Market Drivers -
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.
Market Trends -
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 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
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Regional Insights -
North America was the largest region in the pet food testing market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the pet food testing market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Key Companies -
Major companies operating in the pet food testing market are Mars, J.M. Smucker
Co., Nestlé Purina Petcare, Eurofins Scientific SE, SGS SA, Bureau Veritas,
Unicharm Corp., Intertek Group Plc, Royal Canin, Mérieux NutriSciences
Corporation, AGROLAB, Hill's Pet Nutrition Inc., Kemin Industries Inc., Neogen
Corporation, Hartz Mountain Corporation, Diamond Pet Foods Inc., Nutro Co.,
Laroy Group, Iams Co., Lupus Alimentos, Deuerer, United Petfood, Tentamus Group
GmbH, Alex Stewart Agriculture Ltd., Big Heart Pet Inc.
Table of Contents
1. Executive Summary
2. Pet Food Testing Market Report Structure
3. Pet Food Testing Market Trends And Strategies
4. Pet Food Testing Market – Macro Economic Scenario
5. Pet Food Testing Market Size And Growth
…..
27. Pet Food Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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