The global automatic and smart pet feeder market size was USD 1,841.9 Million in 2021 and is expected to register a revenue CAGR of 11.9% over the forecast period, according to the latest report by Reports and Data. Increased popularity of pets as companions for mental health and stress relief as well as rising demand for automatic smart feeders in smart homes and buildings are major factors boosting market revenue growth.
The market's revenue growth is primarily being driven by rising demand for automatic smart feeders in smart homes and buildings as well as rising pet adoption as a companion for mental wellness and stress relief. Pet feeders that are automatic and intelligent are designed to release a precise amount of food for animals at predetermined intervals of time. These feeders are designed to provide pets a specific amount of food, making it simpler to keep track of how much food is being distributed. Unlike automatic pet feeders, which differ by having a timed feature, smart pet feeders include Wi-Fi capabilities. Additionally, the vast majority of smart pet feeders come with cameras that allow pet owners to monitor their animals.
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Top Profiled Companies in the Global Automatic and Smart Pet Feeder Market Report:
Petnet, CleverPet, Poppy, Shenzhen E-lirking Net Tech Co., Ltd., Pets at Home Group Plc, DOGNESS Group, Catspad, Wopet, Skymee Store, and PETKIT.
Some Key Highlights from the Report
- The market is divided into wet and dry food, medications, weekly treats, and others based on application. In 2021, the wet & dry food segment had the biggest revenue share. Due to returning to professional settings, pet owners are in great demand for smart food and water dispensers. There are potential for the market to expand because pet parents are constantly concerned about the health and dietary habits of their animals. For instance, pet owners can feed their dogs or cats even when they are not at home with the assistance of the PETKIT Fresh Element Infinity automatic smart pet feeder.
- The North American market will account for the greatest revenue share in 2021, according to regional analysis. The market in this region is experiencing revenue growth as a result of increasing investments and cutting-edge product launches by businesses including water, food, and medicine dispensers. According to the American Pet Products Association, the nation spends over 123 billion dollars annually on pets. Research indicates that 114.3 million American households would have dogs and cats as pets in 2021. Additionally, the majority of Americans who are now employed give a significant opportunity for market businesses. Additionally, a significant demand for smart pet feeders is being driven in this region by the powerful spending power of pet owners.
- On August 9, 2022, Petlibro announced Granary devices, an inexpensive, automatic pet feeder made for the busiest pet owners. These stylish appliances, which fit well with the home's decor, will make their lives a little easier. Petlibro's Granary fountain feeders keep pets well-fed and hydrated with the help of timers and pre-programmed schedules. They are available in 3L or 5L capacity, with a choice of white or black colour, and keep food first-bite fresh. The automatic feeder, which is 5G and Wi-Fi operated, calls pets to meals via pre-recorded voice notifications and feeds them directly from the Petlibro Granary app.
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
Pet Type Outlook (Revenue, USD Billion; 2019-2030)
- Dog Feeder
- Cat Feeder
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Online E-commerce Stores
- Hypermarkets/Supermarkets
- Pet Care Stores & Clinics
Application Outlook (Revenue, USD Billion; 2019-2030)
- Wet & Dry Food
- Medicines
- Weekly Treats
- Others
Key Takeaways of the Global Automatic and Smart Pet Feeder Market Report:
· A comprehensive overview of the global Automatic and Smart Pet Feeder industry.
· Accurate market projections in terms of market size, share, and volume.
· Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
· Deep-dive analysis of the upcoming market trends.
· Qualitative and quantitative analyses of the global Automatic and Smart Pet Feeder market.
· Elaborate study of the leading regional markets in the global Automatic and Smart Pet Feeder market.
· Complete overview of the market’s competitive landscape.
· Brief look at the company profiles and portfolios.
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