, /PRNewswire/ -- The pet food market size in is estimated to grow by from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.57% during the forecast period.
For comprehensive forecast and historic data on regions, market segments, customer landscape, and companies- In pet food market, the trend toward organic and natural options has gained significant traction. With pet owners viewing their animals as family members, the humanization of pets is driving market growth. Health concerns for pets have led many to prefer organic pet food, which offers benefits such as improved skin health and fewer digestive issues.
To meet this demand, numerous pet food companies in have introduced organic product lines. As a result, the market for organic pet food is poised for substantial expansion during the forecast period. The pet food market in is experiencing significant growth, with wellness and functional foods being key trends.
Senior consumers prioritize dog and cat food, while regulators focus on food safety and certification. Organic and natural ingredients are preferred, with some pet owners opting for raw or homemade diets. Regulations require clear labeling and nutritional information.
Producers must adapt to these trends to remain competitive in the market. Pets are considered family members, and their nutrition is a priority for many Taiwanese households. The pet food industry is expected to continue growing, driven by increasing pet ownership and .
