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Wednesday, October 4, 2023

The Global Automatic and Smart Pet Feeder Market is Expected to Grow with a CAGR of 18.6% from 2024 to 2030

According to a market report by Lucintel, the future of the global automatic and smart pet feeder market looks promising with opportunities in the wet and dry animal food, treats for animal, and medicines for animal markets. The global automatic and smart pet feeder market is expected to reach an estimated $5.1 billion by 2030 with a CAGR of 18.6% from 2024 to 2030. The major drivers for this market are rising concerns about the health of pets, introduction of new, modern, and technologically advancement in smart homes, and increased adoption of pets as a companion for mental health and relieving stress.

In this market, online and offline are the major segments of automatic and smart pet feeder market by distribution channel.

Lucintel forecast that online is expected to witness highest growth over the forecast period.

Within this market, wet and dry animal food will remain the largest segment.

APAC is expected to witness highest growth over the forecast period due to the changes in lifestyle with modern amenities and increasing adoption of automatic and smart pet feeders in countries like China and Japan.

Feed and Go, Jempet, Petnet, Cleverpetet, Poppy, Rollitron, Nibbles, Petreat, Relently, and Petwant are the major suppliers in the automatic and smart pet feeder market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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