Global Pet Meal Kit Delivery Services Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Pet Meal Kit Delivery Services market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global pet meal kit delivery services market was US$ 1.10 billion in 2021. The global pet meal kit delivery services market is forecast to grow to US$ 4.5 billion by 2030 by growing at a compound annual growth rate (CAGR) of 15.1% during the forecast period from 2022 to 2030.
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Factors Influencing the Market
Innovation in the pet meal kit delivery services market will primarily drive the market growth. For instance, the introduction of personalized meal kits and the availability of a wide range of online grocery stores will contribute to the growth of the market. Marley Spoon, for example, launched a bezzie in October 2021.Customers can personalize their orders for their animal companions by subscribing to the company’s meal kit brands. Each program is tailored to their age, weight, and level of activity. HelloFresh also announced to unveil its online grocery store where customers may purchase additional products. This platform allows users to get food items for fast meals through HelloFresh’s online grocery shopping services.
The benefits of kit-based delivery services, such as doorstep delivery services and the presence of ready-to-eat and ready-to-cook meal kits, reduce the time of the users. Thus, these benefits will fuel the growth of the pet meal kit delivery services market.
COVID-19 Impact Analysis
The global COVID-19 outbreak has increased market demand for such kits, particularly for food delivery services. Primarily, nations such as the United States, India, Brazil, and the United Kingdom have seen a significant increase in domestic animal populations, resulting in increased sales of meal kit delivery services.
Following the outbreak, there has been a significant increase in online pet supply purchases. In 2020, the market experienced increasing emphasis on shipping meals globally via their online platforms, which is driving the market forward.
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Regional Analysis
North America is forecast to hold the largest share in the global pet meal kit delivery services market in terms of revenue. An increase in the adoption of dogs and cats in the United States, as well as an increase in food spending, are expected to drive market demand. According to the study by the U.S. Bureau of Labor Statistics (BLS) Consumption Expenditure Surveys, food consumption surged by 18% in the US, in 2020. Additionally, Asia-Pacific is expected to register a high CAGR due to an increase in the pet community in countries such as China, Japan, India, etc. Furthermore, increased disposable income allows consumers to invest more in food, including online food delivery services. Thus, it will drive the pet meal kit delivery services market forward.
Competitors in the Market
? Butternut box
? Kabo Lab
? Lucky Dog Cuisine Inc.
? Lyka
? NomNomNow Inc.
? Ollie Pets Inc.
? PetPlate
? Spot and Tango
? Tailsco Ltd
? The Farmer’s Dog, Inc.
? Other Prominent Players
Market Segmentation
The global pet meal kit delivery services market segmentation focuses on Pet, Food, Subscription type, and Region.
By Pet Type
? Dogs
? Cats
By Food Type
? Dry {kibble}
? Wet
By Subscription Type
? Topper
? Full
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By Regional Outlook
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America
What is the goal of the report?
? The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes.
? During the forecast period, the report analyzes the growth rate, market size, and market valuation.
? The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
? The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance
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