Bird Food Market to Surpass US$3 Billion by 2032 Amid Rising
NEWARK, Del, Aug. 15, 2022 (GLOBE NEWSWIRE) — According to recent market analysis by Future Market Insights (IMF), the bird food market is poised to reach a valuation of US$2.1 billionnot in 2022. Sales are expected to increase to a 3.6% CAGRthe size of the market reaching US$3.0 billionn by 2032.
Leading bird food manufacturers focus on environmental sustainability. In addition, increasing health awareness among bird owners is expected to improve bird food sales worldwide. Non-profit groups, such as the National Audubon Society, claimed record sales in 2020 in its backyard bird feeder and wild bird food licensing programs, while several bird retailers reported a 50% increase in demand. Many people who have started watching birds have done so by installing a bird feeder.
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Consumers are increasingly turning to e-commerce sites to purchase bird food and supplies because they can offer a wide variety of products at great discounts and prices. Also, e-commerce websites can help customers modify items according to their individual needs, even if the product is not accessible in a particular country’s market. Major e-commerce sites such as Walmart, Alibaba and Amazon offer a diverse selection of items from around the world.
Key Take away food :
- The humanization of pets has raised consumer awareness, which has led to increased spending on bird food.
- South America bird food market is expected to lead the global bird food market over the forecast period (2022-2032)
- Due to the growing trend of pet parent culture in countries such as China, Japan, India, and Korea, the Asia-Pacific market is expected to grow at a faster rate.
- The bird feeding business is gaining popularity in developed regions such as North America and Europe.
“RThe development of wild bird food for the company is expected to benefit the bird food industry. However, increased awareness of the need for environmental sustainability should work as a catalyst for the global expansion of bird food markets. says the IMF analyst.
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Companies in the global bird food industry are forming strategic alliances and partnerships with local suppliers, pet specialty stores and social media influencers to expand their product lines and meet the high demand for food. an expanding clientele.
In addition, leading companies aim to develop innovative products to strengthen their positions in the global market. They use organic ingredients to make bird food and invest huge sums in research and development activities. A few other companies make unique bird feeders to attract more customers.
The major players present in the bird food market are
- Wild Birds Unlimited, Inc.
- Bulldog Products
- Cons Feed Co. Inc.
- Kaytee Products, Inc.
- WORLD HARVEST FOODS, LLC.
- Pennington Seed, Inc.
- D Pet products.
- Son of FM Brown, Inc.
- SARL Wagner.
- Mars Inc.
- Nestlé SA
- Hills Pet Nutrition
- Uni-Charm Corp.
- Nutriara Alimentos Ltda
- NSA live
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Get more valuable insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global bird food market, showcasing historical demand data (2017-2021) and forecast statistics for the period 2022 to 2032. The study discloses compelling insights into the bird food market. based on by types (Seeds, Feed, Treats, Suet, Others) by price range (low, medium and premium), by type of bird (wild birds, caged birds, etc.), by sales channel (wholesalers /distributors, hypermarkets/supermarkets, specialty stores/pet stores convenience stores, online retailers, other retail formats) and region
Bird Food Market Outlook by Category
By product type:
By price range:
By type of bird:
By sales channel:
- Pet specialty stores
- Drugs and pharmacies
- Multi-brand stores
- Online retailers
- Other sales channel
By end users:
- Veterinary specialty
- animal shelter
- North America
- Latin America
- East Asia
- South Asia
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Analysis of the technology roadmap
1.5. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Market Context
3.1. Market dynamics
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About Future Market Insights (IMF)
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