Australia Pet Food Market Size, Share, Growth & Forecast 2025

About This Presentation
Title:

Australia Pet Food Market Size, Share, Growth & Forecast 2025

Description:

Australia pet food market is projected to grow to $ 2.9 billion by 2025. Major growth driver for Australia pet food market includes pet humanization and the increasing desire to opt for pet food innovations, as most of the people find pets to be part of their family, so they are looking for the same quality of pet food as they look in food for themselves. – PowerPoint PPT presentation

Number of Views:9

less

Transcript and Presenter's Notes

Title: Australia Pet Food Market Size, Share, Growth & Forecast 2025


1
(No Transcript)
2
  • Scope of Report
  • Product of Interest (POI) Pet Food

Australia pet food market is projected to witness
significant growth through 2025 owing to the
increasing number of pet owners in the country.
Increasing pet ownerships in the country among
households backed by rising purchasing power are
the major drivers for Australia pet food market.
Pet population is increasing in the country,
whereas the death rate of pets is declining on
account of robust developments in veterinary
medical science along with growing focus towards
the welfare of pets. Future predictions show that
the overall pet population will soar marginally
over the next five years, indicating a long-term
stabilization in pet population.
DISTRIBUTION CHANNEL
  • Supermarket
  • Pet Shop/Pet Specialty Shop
  • Butcher
  • Online

3
  • Table of Contents

S. No. Contents Contents Contents
1. Pet Food An Introduction Pet Food An Introduction Pet Food An Introduction
2. Research Methodology Research Methodology Research Methodology
3. Executive Summary Executive Summary Executive Summary
4. Global Pet Food Market Overview Global Pet Food Market Overview Global Pet Food Market Overview
5. Impact of COVID-19 on Australia Pet Food Market Impact of COVID-19 on Australia Pet Food Market Impact of COVID-19 on Australia Pet Food Market
6. Australia Pet Food Market Outlook Australia Pet Food Market Outlook Australia Pet Food Market Outlook
  6.1. Market Size Forecast Market Size Forecast
    6.1.1. By Value
  6.2. Market Share Forecast Market Share Forecast
    6.2.1. By Pet Type (Dog, Cat, Fish and Others)
    6.2.2. By Food Type (Dry, Wet, Others)
    6.2.3. By Distribution Channel (Supermarket, Pet Shop/ Pet Specialty Shop, butcher and Online)
6.2.4. By Region
6.2.5. By Company
6.3. Product Market Map Product Market Map
7. Australia Dog Food Market Outlook Australia Dog Food Market Outlook Australia Dog Food Market Outlook
  7.1. Market Size Forecast Market Size Forecast
    7.1.1. By Value
  7.2. Market Share Forecast Market Share Forecast
4
  • Table of Contents

S. No. Contents Contents Contents
    7.2.1. By Food Type
    7.3.2. By Distribution Channel
  7.3. Pricing Analysis Pricing Analysis
8. Australia Cat Food Market Outlook Australia Cat Food Market Outlook Australia Cat Food Market Outlook
  8.1. Market Size Forecast Market Size Forecast
    8.1.1. By Value
  8.2. Market Share Forecast Market Share Forecast
    8.2.1. By Food Type
    8.2.2. By Distribution Channel
  8.3. Pricing Analysis Pricing Analysis
9. Australia Fish Food Market Outlook Australia Fish Food Market Outlook Australia Fish Food Market Outlook
  9.1. Market Size Forecast Market Size Forecast
    9.1.1. By Value
  9.2. Market Share Forecast Market Share Forecast
    9.2.1. By Food Type
    9.2.2. By Distribution Channel
  9.3. Pricing Analysis Pricing Analysis
10. Supply Chain Analysis Supply Chain Analysis Supply Chain Analysis
11. Market Dynamics Market Dynamics Market Dynamics
5
  • Table of Contents

S. No. Contents Contents
  11.1. Drivers
  11.2. Challenges
12. Market Trends Developments Market Trends Developments
13. Policy Regulatory Landscape Policy Regulatory Landscape
14. Australia Economic Profile Australia Economic Profile
15. Competitive Landscape Competitive Landscape
16. Strategic Recommendations Strategic Recommendations
17. About Us Disclaimer About Us Disclaimer
6
RESEARCH METHODOLOGY
7
  • Research Methodology

Market Profiling
Data Analysis
Data Collection
Data Validation
Developing List of Respondents
Formulating Questionnaire
In-depth secondary research was conducted to
determine top players in the Australia pet food
market, overall market size and segmental market
size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the Australia pet food market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and industry players for data collection
and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed discussion guide.
List of industry players and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis
  • Recent Developments
  • Market Changing Aspects/Dynamics
  • Government Policies
  • Conclusion
  • Market Participants
  • Key Strengths
  • Identifying Key Opinion Leaders
  • Questionnaire Design
  • In-depth Interviews

8
  • Research Methodology
  • Baseline Methodology
  • Our dedicated team of industry experts has
    monitored and analyzed various aspects of
    Australia pet food market. The team has analyzed
    the outlook of various segments of this market,
    while considering the major influencing factors
    such as increasing number of pet ownerships and
    declining mortality rate of pets. The study
    includes market forecasting, which would enable
    our clients to take better decisions while
    planning their strategy to achieve sustainability
    in Australia pet food market.
  • Methodology Followed for Calculation of Market
    Size
  • Market Size by Value Market size, in terms of
    value, for the year 2019 was calculated based on
    information collected through exhaustive
    secondary research and primary surveys, with
    various key opinion leaders/stakeholders, such as
    pet food manufacturer and supplier companies,
    channel partners, end users, industry experts,
    and other industry participants.
  • The team interviewed more than 40 50 pet food
    manufacturer and supplier companies, 180 200
    end users, and 15 20 industry experts and other
    value chain stakeholders in the Australia pet
    food market to obtain the overall market size
    from 2015 to 2019, which was validated by the
    Delphi technique. Taking standard deviation into
    consideration, the market size was averaged out,
    to arrive at the market size data during
    2015-2019.

9
  • Research Methodology
  • Respondents were asked about the current and
    future market growth rates, market shares by pet
    type, by food type, by distribution channel, by
    region and by company. Removing the outlier
    responses, the geometric mean of growth estimates
    and supplier wise revenue shares generated across
    various segments were considered, to arrive at
    the final revenue shares. Revenue shares
    generated across various segments were further
    triangulated from other stakeholders.
  • Methodology Followed for Calculation of Market
    Shares
  • Market shares by pet type, by food type, by
    distribution channel, by region and by company
    were calculated based on the responses received
    through primary surveys with industry experts, in
    which the respondents were asked about the market
    shares or revenue generated from various segments
    of pet food market. The final shares were
    calculated by taking the geometric mean of the
    responses gathered from key opinion leaders after
    eliminating the outliers.
  • Methodology Followed for Forecasting
  • TechSci Research performed periodical checks on
    data collected through the surveys with logic
    checks and analyzed the survey results in
    SPSS/Tableau Software.
  • Data triangulation techniques were applied to
    fill the gaps and to present a more meaningful
    picture of the market. To forecast Australia pet
    food market, TechSci Research used various
    forecast techniques such as
  • Moving Average
  • Time Series Analysis
  • Regression Analysis
  • Econometric and Judgmental Analysis

10
  • Research Methodology

TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries in respective regions. TechSci
Research also used the impact analysis during
short, medium and long term period to estimate
the demand and to reach accurate market numbers.
It should be noted that the figures compiled are
only for the organized market including market
share data.
Partial List of Companies Interviewed Key Secondary Sources
Mars Australia Pty Ltd Nestle Australia Ltd (Purina Pet Care) Premier Petfood Company Pty Ltd Advanced Pet Care of Australia Pty Ltd Real Pet Food Company Australian Pet Essentials. Pty Ltd. The Complete Pet Company Dried True Pty Ltd Hypro Petcare Australian Pet Treat Company World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports Statista News Dailies Credible Paid Databases
11
  • Industry Brief

According to TechSci Research report, Australia
Pet Food Market By Type, By Food Type, By
Distribution Channel, By Region, Competition,
Forecast Opportunities, 2025, Australia pet
food market is forecast to cross 2.9 billion by
2025. Anticipated growth in the market can be
attributed to increasing pet ownership with more
and more households adopting dogs, cats, and
other animals for different purposes, such as
security and leisure, which in turn drives the
countrys pet food. Furthermore, increasing
number of old-age couples and DINK (Dual Income,
No Kid) families, and rising disposable income
are the major factors driving pet adoption in the
country.   Based on Pet Type, market is segmented
into Dogs, Cats, Fishes, and Others (Birds, Small
mammals, etc.). Among these, Dogs segment held
the largest share of Australia pet food market.
In Australia, people tend to keep dogs as pets
rather than cats and other animals. Cat, on the
other hand, is a more popular pet among affluent
class people in the country. Nevertheless, the
population of pet fish is also increasing as
people are moving into smaller houses and
high-rise apartments due to increasing
urbanization. Since keeping a large pet like dog
or cat as pet in smaller dwellings in not
feasible, the adoption of fish as pet is also
increasing among pet enthusiasts in the country.
In addition, the fact that fish occupy very less
space and their maintenance is cheaper is also
leading to higher adoption among Australians,
thereby driving the demand for fish food in the
country. Based on Food Type, market is segmented
into Dry, Wet, and Others. Dry Pet food leads the
Australia pet food market, since dry pet foods
have lower moisture content than other pet foods
and can be used in a variety of food types
depending on the companion animal. Based on
Distribution Channel, market is further
categorized into Supermarkets, Pets
Stores/Specialty Stores, Butcher, and Online.
Supermarket segment dominated Australia pet
food market and will continue to lead during
forecast period as Supermarkets usually provide
mainstream brands, which can often prove to be
more competitive in terms of price as well as
quality. Niche or specialty products are mostly
only available from individual pet supplies
stores or veterinarian offices. The sale of pet
food items via online channels is expected to
strengthen the countrys pet food market in the
coming years due to the growing inclination of
millennials towards online purchases. The high
level of convenience offered by online platforms
such as doorstep delivery along with the growing
partnerships of the pet food industry players
with e-commerce retailers, is expected to further
accelerate the growth of the segment in the
coming years. In terms of regional analysis,
Australia Capital Territory New South Wales
(NSW/ACT) represents the regional leading market
for pet food products in the country due to
higher pet population as well as per capita
income of people living in the region. Australian
pet food market is filled with a range of brands
selling pet food in a dry, wet, and snack-like
type. The leading manufacturers of pet food
products operating in Australian pet food market
include Mars Australia Pty Ltd, Nestle Australia
Ltd (Purina Pet Care), Premier Petfood Company
Pty Ltd, Advanced Pet Care of Australia Pty Ltd,
Real Pet Food Company, Australian Pet Essentials.
Pty Ltd., The Complete Pet Company, Dried True
Pty Ltd, Hypro Petcare, and Australian Pet Treat
Company. Rising pet adoption rates is fueling
demand for pet foods in Australia. Also,
increasing number of private label stores is
positively influencing the countrys pet food
market, said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global
management consulting firm. With increasing
number of retail units in the country, leading
market players derive most of their revenues from
the country's exclusive retail outlets and
supermarkets. Royal Canin, Mars International 's
leading brand, is the most popular dog food brand
among middle-income families in the country.
12
  • Sample Data - Snapshot

Australia Pet Food Market Size, By Value (USD
Million), 20152025F
CAGR BY VALUE XX
CAGR BY VALUE XX
Australia Pet Food Market Share, By Pet Type, By
Value, 20152025F
Australia Pet Food Market Share, By Distribution
Channel, By Value, 20152025F
13
  • Report Ordering

Report Name AUSTRALIA PET FOOD MARKET FORECAST
OPPORTUNITIES 2015 2025
Report Price
License Type Price
Electronic Access - Single User License 3450
Electronic Access - Multi-User License 4450
Custom Research License 8450
To View Sample OR Purchase Report
14
About Us Disclaimer
TechSci Research is a global market research and
consulting company with offices in the US, UK and
India. TechSci Research provides market research
reports in number of areas to organizations. The
company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market.
Related Reports
  • Global Pet Food Market By Pet Type (Dog, Cat
    Others), By Point of Sale (Store-based Retail
    Non-Store-based Retail), By Region, Competition,
    Forecast Opportunities, 2024
  • India Pet Food Market By Pet Type (Dog, Cat,
    Fish, etc.), By Food Type (Dry Vs. Wet), By
    Distribution Channel (Dedicated Pet Store,
    Supermarket/Hypermarket, Online Retail, etc.), By
    Region and Leading City, Competition Forecast
    Opportunities, 2012 2022

TechSci Research North America 708 Third
Avenue, Manhattan, New York, United States Tel
1- 646- 360- 1656 Email sales_at_techsciresearch.co
m www.techsciresearch.com
TechSci Research Europe 54, Old brook,
Bretton, Peterborough, United Kingdom Email
sales_at_techsciresearch.com www.techsciresearch.com
TechSci Research Asia-Pacific B 44, Sector
57, Noida, National Capital Region, U.P. -
India Tel 91-120-4523900 Email
sales_at_techsciresearch.com www.techsciresearch.com
Disclaimer
The contents of this report are based on
information generally available to the public
from sources believed to be reliable. No
representation is made that it is timely,
accurate or complete. TechSci Research has taken
due care and caution in compilation of data as
this has been obtained from various sources
including which it considers reliable and
firsthand. However, TechSci Research does not
guarantee the accuracy, adequacy or completeness
of any information and it is not responsible for
any errors or omissions or for the results
obtained from the use of such information and
especially states that it has no financial
liability whatsoever to the subscribers / users
of this report. The information herein, together
with all estimates and forecasts, can change
without notice. All the figures provided in this
document are indicative of relative market size
and are strictly for clients internal
consumption. Usage of the same for purpose other
than internal will require prior approval of
TechSci Research.
Write a Comment
User Comments (0)