The pet food testing market is experiencing substantial growth, rising from $7.63 billion in 2023 to $8.18 billion in 2024, achieving a CAGR of 7.3%. This growth is driven by growing concerns over pet health and nutrition, an increase in manufacturing facilities, and a demand for transparency in labeling. By 2028, the market is expected to expand to $10.89 billion, at a CAGR of 7.4%. Factors such as the rise in pet ownership, a shift towards direct-to-consumer sales, and compliance with food safety standards are key drivers. Notable trends include technological advancements in testing methods and the integration of blockchain technology for traceability.
Major Driver In The Pet Food Testing Market
The pet food testing market is anticipated to expand due to rising pet ownership. As pets increasingly serve as companions and provide emotional support, the demand for quality pet food is growing. Pet food testing ensures safety and nutritional adequacy, protecting pets from harmful substances. The American Veterinary Medical Association reported a 29% increase in families owning at least one cat in 2022. Additionally, the average annual veterinary costs for households with dogs and cats reached $362 and $321, respectively. This growing trend in pet ownership is fueling the pet food testing market.
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Pet Food Testing Market Competitive Landscape
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.
Key Pet Food Testing Market Trend
The pet food testing market is improving with advanced Salmonella testing kits to ensure pet food safety and compliance. These kits detect Salmonella contamination in pet foods through specific biochemical reactions. In March 2022, PerkinElmer Inc., a US-based technology provider, launched the Solus One testing kit. Designed for both dry and wet pet foods, the kit delivers rapid results and holds AFNOR certification to ISO 16140, supporting manual and automated testing while offering high throughput and cost-effective training.
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Pet Food Testing Market Segmentation
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
By Geography:The regions covered in the pet food testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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 Pet Food Testing Global Market Report 2024 furnishes information about the global pet food testing market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
