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Gone Fishing: The Evolution of Fish-Based Diets in Pet Nutrition

The fish based pet food market is registering a valuation of US$ 1.4 billion in 2023 and is projected to reach US$ 16.7 billion by 2033. The market is capturing a CAGR of 5% during the forecast period.

How Top Countries Are Uplifting the Global Market Size?

By 2033, it is expected that industrialised nations such as Germany, Japan, the UK, and India will control the majority of the global market. The market is expanding significantly due to factors like improved pet food expertise, increased disposable money, and growing desire for pet adoption. The industry is expanding as more consumers express a desire for premium pet food that is based on fish and comes from sustainable sources.

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The United States is dominating the global market by registering a share of 25.3% by 2033. The increasing number of pet owners, growing trends of pet humanization, and increasing adoption of nutritious pet foods are boosting the market growth. Around 67% of households in the United States are adopting pets, including cats, dogs, birds, and others.

Over the course of the projection period, these elements generate significant income in the US market. To accelerate market expansion, the major competitors in the industry today are introducing new goods. Among the well-known major competitors in the worldwide industry are JustFoodForDogs, Purina, Freshpet, Pacific Bio Products, and Mars Inc.

Through distribution channels like supermarkets, internet merchants, suppliers, etc., these players increase sales. By using distribution networks, these companies can expand their reach and connect with more relevant clients. These companies are conducting research to create cutting-edge goods for the worldwide market.


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Key Takeaways:

The fish based pet food market is securing a CAGR of 5% with a valuation of US$ 16.7 billion by 2033.
Historically, the market captured a valuation of US$ 9.1 billion in 2018.
Fish-Based Pet Food Market by Category

By Nature:

Organic
Conventional
By Product Type:

Dry
Wet
Treat & Chews
By Pet Type:

Cat
Dog
Birds