Cat Wet Food Market Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

 

Cat Wet Food Market

Cats require less carbohydrates and more protein than dogs. Fish and chicken are common sources of animal protein in wet cat food. Animal sources are processed using techniques like roasting, extraction, or fermentation to produce flavor and extracts. The majority of dry cat food contains plant proteins, which are unsuitable for cats because of their low biological value. Due to the conversion of food into fat, a high-carbohydrate diet increases the risk of diseases like diabetes and feline asthma in cats. As a result, cat wet food is outpacing cat dry food in popularity in order to meet cats' nutritional needs.

Cat wet food is produced separately for kittens and adult cats depending on the protein and fat content and sold through various distribution channels including specialty pet care shops, hypermarkets, and supermarkets.

The demand for Cat Wet Food products is rising as more households own cats. The American Pet Products Association (APPA) reported that 94.2 million cats were owned by 47.1 million households in the United States in 2017. Additionally, rising pet food spending by consumers is fostering a favourable environment for the expansion of the Global Cat Wet Food Market. The average annual household expense in the United States for pet food, according to the United States Department of Labor Statistics, was US$ 190 in 2014 and US$ 230 in 2015. This is also a result of growing consumer awareness of the importance of pet nutrition.

Regulations on the use of feed additives in pet food have been imposed by governmental bodies like the Food & Drug Administration (FDA). For example, 21 CFR 570, 571, and 572 deal with the approval of food additives, while 21 CFR 70 deals with the approval of colouring. In addition, the current FDA regulations demand accurate product identification, a net quantity statement, the name and location of the manufacturer or distributor, and an accurate list of all the ingredients in the product, listed in weight order from most to least. Small and medium-sized manufacturers must overcome these regulations in order to maintain the quality of their products. This might have a limited negative impact on market expansion.

The Market is expanding as a result of rising demand for organic Cat Wet Food. Manufacturers might concentrate on providing organic goods in order to increase their market share in the cutthroat industry. A critical step in providing cats with nutrition is making the right wet food choices. Cat obesity rates are rising due to the use of artificial colourants and ingredients. As a result, cat owners are switching to organic wet food for their cats in an effort to reduce the risk of feline diseases like diabetes.

According to distribution channel, the specialty stores segment is anticipated to experience significant growth during the forecast period. This is because major companies are launching more new products in specialty stores. For instance, Nestle Purina Pro Plan introduced a new prime plus adult 7+ formula in March 2017 to enhance the health of cats. Exclusive pet care retailers across the U.S. launched the Prime Plus Adult 7+ Formula. The food contains antioxidants, prebiotic fibres, omega 3 and omega 6 fatty acids, and comes in four wet options: Salmon & Tuna Entree Classic, Ocean Whitefish & Salmon Entree, Turkey & Giblets Entree, and Chicken & Beef Entree Classic.

Nestle S.A., Mars, Inc., Royal Canin SAS, Hill's Pet Nutrition Inc., Unicharm Corporation, Heristo AG, Yantai China Pet Foods Co., Ltd., and Central Proteina Prima Tbk are a few of the major companies that compete in the Global Cat Wet Food Market.