Analysis of Automatic Cat Feeder market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
On the basis of the latest research by Fact.MR, the automatic cat feeder market is projected to have moderate growth in upcoming years. Trade of automatic cat feeder to witness steady recovery in the short-term, with sanguine growth outlook in the long-run.
Formulation of different types of cat feeder according to cats need and owner luxury will drive the demand for the market during the forecast period.
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Cats are among the top list of preferred pet animals around the world. Cats are considered as part of is the families and their wellbeing is a growing concern among the owners. With the rising concern towards their pets, there has been a rise in the demand for pet care products including the automatic pet feeder.
According to the survey, around 23% of people in the world own a cat as a pet. Conferring the data from Annual Social and Economic Supplement (ASEC) around 64.9% of the world population is working. Owing to a lack of time exacerbated by a hectic lifestyle, pet owners are unable to spend quality time with their pets. As a result, demand for pet feeders, especially smart and automatic pet feeders, is on the rise.
The rising pet ownership in recent years has aided the development of feeding accessories. In the coming years, cat feeder demand is projected to expand at a rapid pace.
With the enhancement in the living standards, most of the cat owners are living in digitalized houses where the requirement of automatic feeder is more. These feeders are becoming increasingly common because they include technology that allows owners to connect with their pets through mobile devices or built-in cameras.
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North America, Latin America, Europe, East Asia, South Asia, and the Middle East and Asia are the main regions. North America is the market leader in the automatic cat feeder market due to its higher adaption rate and developed economy. Approximately 56.8% of North America’s population is employed and 42.7 million households own cat as pet animal concerning National Pet Owners Survey conducted by the American Pet Products Association (APPA).
Following North America are the Asia Pacific and Europe. Asia Pacific market is expected to rise due to larger number of cats as a pet which is creating opportunity for the upcoming manufacturers.
With 45% of the European population having pet the demand for the automatic feeder is on a high scale. On the other hand, Latin America is continuously evolving with the latest development and work-life of people giving huge chances for the market to the automatic or smart feeder. Latin America accounts for 74.3 million cats which are giving rise to new pet start-up to provide economic pet care products.
Due to cultural beliefs and a lower cat population than other areas of the world, MEA has captured the smallest portion of the market.
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With toughening of government laws and implementation of various policies regarding pet care in countries like India and China the automatic feeder sales are expected to increase in upcoming years. During the forecast period, China is expected to boost demand and generate significant business opportunities.
Around 20% of a pet owner in China have a cat as their pet. The increasing investment in pet care is rising the market production. The rise in demand for automatic cat feeders can be attributed to millennial increased investment.
Between 2021 and 2031, the Asia Pacific is expected to see a steady increase in cat collar demand. Animal adoption rates are rising in countries like China, India and Japan as disposable income rises.
The rise in the number of cat accidents in search of food when left unattended by the owner made the government take strict action on the investment of new technologies that would help owners in tracking and feeding their pet. Around 4 million cats are killed annually in China for meat consumption encouraging the cat holder to spend on their care products.
The alarming cases of COVD-19 around the globe affected various markets and the economic condition of countries. The halt in the production facilities in most of the region caused a setback in the automatic cat feeder market. Regardless of the effect on the pet industry, the demand for automatic feeders is expected to grow as industrial operations resume.
Due to the closure of industries and the reduction of the workforce, the demand was impacted from the supply side during COVID-19. The blackout of industrial units as an outcome of government guidelines lasted for a long time, causing significant economic disruption among emerging market players and forcing them to compromise on product quality.
However, the same impact was seen in the demand side of the market owing to the maximum time spend by the pet owners indoors giving them the majority of time for pet care.
The automatic cat feeder market is highly fragmented having a large number of market player. The key players in the market are
The focus of the market leader is in the development advanced feeder which a programmable timer that dispenses the right amount of food at the appropriate time. Acquisitions, mergers, capacity expansion, R&D spending, and sales and distribution network strengthening are the main activities of key players.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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