Full Subscription Segment Set to Register Fastest CAGR of 17.3% Between 2021-2028

Dublin, Dec 31, 2021 (GLOBE NEWSWIRE) – “Global Pet Meal Delivery Services Market Size Analysis Report, Market Share and Trends by Pet Type (dogs, cats), Subscription Type (Premium, Whole), Food Type (Dry, Wet) , region (Asia Pacific, Europe), and sectoral forecasts, 2021-2028” report added to ResearchAndMarkets.com Show.

The global pet meal delivery services market size is expected to reach $5.20 billion by 2028, registering a compound annual growth rate of 15.3% over the forecast period.

Increasing awareness among pet owners regarding the negative effects of undernutrition in pets, along with their increased spending on pet food, is expected to increase market demand worldwide during the forecast period. The animal type dog segment led the market and captured the major share of total revenue in 2020.

The full subscription type segment led the market in 2020. Full subscription plans offer a higher discount to consumers, along with free trials that help them gain more popularity on budget-friendly premium subscriptions. Furthermore, full subscriptions are based on the pet’s profile, which includes weight, age, breed, activity level, allergies, health conditions and taste preferences, helping consumers understand the calories required for their pets.

With full subscriptions covering 100% of the required calories, it becomes more convenient for consumers to go ahead with monthly/yearly subscriptions, fueling the growth of this segment. North America dominated the global market and made the largest contribution from sales to market returns in 2020. One of the main factors driving the growth of the region is the increasing investment by major players.

Highlights of the Pet Meal Delivery Services Market Report:

  • Asia Pacific is expected to be the fastest growing regional market from 2021 to 2028 due to the increasing number of new service offerings and growing concerns about pet health and nutritional deficiencies

  • The wet food segment led the global market in 2020 and is estimated to register the fastest compound annual growth rate (CAGR) during the forecast period

  • This growth is due to the increasing availability of customized wet meals that cater to the specific needs of pets

  • The full subscription type segment captured the largest revenue share in the global market in 2020 and is expected to register the fastest compound annual growth rate of 17.3% during the forecast period.

  • The growth can be attributed to significant benefits that service providers offer to consumers, such as personalization, discounted rates, free trials, and international shipping.

Main topics covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary
2.1. market forecast
2.2. Outlook pet type
2.3 Food Type Predictions
2.4 Outlook Subscription Type
2.5 Regional Outlook

Chapter 3. Pet Meal Delivery Services Market Variables, Trends and Scope
3.1 Market introduction
3.2 Defining penetration and growth
3.3 Impact of COVID-19 on the pet meal delivery services market
3.4. Industry value chain analysis
3.5 Market dynamics
3.6 Business Environment Analysis
3.7 Pet Meal Delivery Market Roadmap
3.8 Market Entry Strategies

Chapter 4. Consumer Behavior Analysis
4.1 Demographic Analysis
4.2 Consumer trends and preferences
4.3 Factors affecting the purchase decision
4.4 Consumer Product Approval
4.5 Notes and Recommendations

Chapter 5. Pet Meal Delivery Services Market: Pet Type Analysis and Estimations
5.1 Domestic Animals Type and Market Share Analysis, 2020 and 2028
5.2 dogs
5.3 cats

Chapter 6. The Pet Meal Delivery Services Market: Food Type Analysis and Estimations
6.1 Food Type Analysis and Market Share, 2020 and 2028
6.2 dry (cable)
6.3 wet

Chapter 7. Pet Meal Delivery Services Market: Subscription Type Analysis and Estimates
7.1 IPO type and market share analysis 2020 and 2028
7.2 Excellent
7.3. Full of

Chapter 8. The Pet Meal Delivery Services Market: Country Estimates and Trend Analysis

Chapter 9. Competitive Analysis
9.1 Major global players, recent developments and their impact on the industry
9.2. Main company/competition rating (Key Innovators, Market Leaders, Emerging Players)
9.3 Landscape Salesman

Chapter 10. Company Profiles

  • The Farmer’s Dog, Inc.

  • PetPlate

  • Company NomNomNow

  • Olly Bates Inc

  • spot and tango

  • Butternetbooks

  • Cabo Labs

  • lyca

  • Telsco Ltd.

  • Lucky Dog Cuisine Company

For more information on this report, visit https://www.researchandmarkets.com/r/1vjtio

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