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Dog Food Market in Philippines
Philippines dog food market by product (dry foods, treats, toppers, or mixers, wet food), by price range (economy dog food, premium dog food), by distribution channel (e-commerce, pet specialty stores, supermarkets & hypermarkets, veterinary clinics, others), industry snapshot, 2022-2028
Globally, dogs are the most popular pet, owned by 33% of respondents, with cats coming in second, at 23%. Fish (12%), birds (6%), and other pet types (6%) all rank significantly lower. Dogs can have many positive effects on the lives of their owners. They influence social, emotional, and cognitive development in children, promote an active lifestyle, provide companionship, and have even been able to detect oncoming epileptic seizures or the presence of certain cancers. Dogs can also help to relieve stress and anxiety in people. According to market research study published by Gen Consulting Company, the market size of the dog food industry in Philippines is expected to rise by USD 216 million with a CAGR of 8% by the end of 2028.
This industry report offers market estimates of the Philippines market, followed by a detailed analysis of the product, price range, and distribution channel. The Philippines market data on dog food can be segmented by product: dry foods, treats, toppers, or mixers, wet food. In 2021, the dry foods segment made up the largest share of revenue generated by the dog food market. Dog food market is further segmented by price range: economy dog food, premium dog food. Based on distribution channel, the dog food market is segmented into: e-commerce, pet specialty stores, supermarkets & hypermarkets, veterinary clinics, others.
The prominent players operating in the Philippines dog food market include Mars Incorporated, Charoen Pokphand Foods Public Company Limited, Consumer Care Products Incorporated (CCPI), Monge & C. S.p.a., San Miguel Corporation, Xingtai Nuode Pet Products Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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