Demand for cat food in Australia is expected to steadily grow over the forecast period, driven by a marginal increase in the cat population. However, long-term factors, such as the slow progress of pet-friendly lease policies, will continue to hinder growth of cat ownership.
Due to increasing awareness and willingness among consumers to purchase more scientifically formulated products for their pets, demand is expected to continue to shift away from leftover, non-prepared and raw food options. In response, players are actively expanding their manufacturing capacities to meet this growing demand.
Despite the current economic situation and financial pressures, Australian consumers continue to prioritise pet food on their shopping lists, often trading up by comparing brands, product textures, and ingredients. As local consumers lead busier lives, reside in urban areas, and increasingly belong to dual-income, child-free households, pet owners are likely to be more willing to spend on premium options.
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Understand the latest market trends and future growth opportunities for the Cat Food industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cat Food industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cat Food
This report originates from Passport, our Cat Food research and analysis database.
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