July 6, 2024
Pet Food Bowl Market

Pet Food Bowl Market in trends through Pet ownership rising globally

The pet food bowl market has witnessed significant growth in recent years. Pet food bowls are essential for feeding pets such as dogs, cats, birds and other domesticated animals. They are made from durable, hygienic and easy to clean materials such as stainless steel, ceramic and plastic. Pet food bowls provide portion control and protect food from contamination. They are available in various designs, sizes and shapes suiting different pets.

The global pet food bowl market is estimated to be valued at US$ 5.22 Bn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031.

Key Takeaways

The Pet Food Bowl Market Size is expanding globally with increasing pet ownership in regions such as Asia Pacific and Latin America. There is a growing market for customized and designer pet food bowls with various shapes, sizes and aesthetic designs. E-commerce platforms are enabling greater product access in different geographies.

The growing demand for pet food bowls is driven by factors such as rising pet adoption and increasing expenditures on pet care. Pet owners are more conscious about feeding healthy and hygienic food to their pets. This boosts the sales of pet food bowls made from durable, easy to clean and non-toxic materials.

Key players operating in the Pet Food Bowl Market Size are Petmate, IRIS USA, Outward Hound, Trixie, Goofy Tails Private Limited, Nobby Pet Shop GmbH, Prevue Hendryx, Pet Life LLC, JW Pet Company, Honeys Real Dog Food, Sudesh Art & Crafts Pvt. Ltd, PoochMate, KingStar Industries Co., Ltd, Kanary Inc, Kumar Industries, Basis Products, King International, Lord Krishna Co., Bestie Pet Products, and Kaushalam Creations.

Market key trends

One of the key trends in the pet food bowl market is the increasing demand for automated pet feeders. These smart pet feeders have timers, quantity controls and other features allowing owners to feed pets on schedules. They are gaining popularity among urban pet owners with busy lifestyles. Another trend is the advent of technology-enabled food dispensing bowls. They have sensors recognizing individual pets to dispense exact portions. This helps maintain portion control and target feeding for pets with specific health conditions. Innovation in materials is also a major trend with the introduction of durable, non-toxic and dishwasher safe options.

Porter’s Analysis

Threat of new entrants: Low barrier to entry as raw materials and manufacturing process are easily accessible but competition from existing major players is high.

Bargaining power of buyers: Buyers have moderate bargaining power as there are various substitute products available but pet food bowls have customer satisfaction and brand loyalty.

Bargaining power of suppliers: Suppliers have low bargaining power as raw materials like plastic, steel, ceramic etc. required for manufacturing are widely available.

Threat of new substitutes: Threat of substitutes is moderate as pet feeding mats, elevated feeders are alternatives but pet food bowls are major preference for owners.

Competitive rivalry: High as major global players compete on the basis of features, brand, quality and pricing.

Geographical Regions

North America accounts for over 35% of the global pet food bowl market value due to high pet ownership and spending on pet products in countries like US and Canada.

Asia Pacific region is expected to witness highest growth during forecast period. Countries like India, China and Japan are emerging lucrative markets due to rising pet adoption, increasing disposable incomes and growing awareness about pet health.

About Author:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it