Vegan Dog Food Market Landscape Assessment By Type, Opportunities And Higher Mortality Rates By 2031
The global vegan dog food market is primarily driven by the increasing demographics for vegan population. The growing opportunity for vegan dog food due to rising pet ownership, along with increasing demand for healthy pet food products will spur the overall market growth around the world. According to a new report by Future Market Insights (FMI), the market is set to rise at a CAGR of 6.9% through the end of the forecast period in 2031 with a valuation of over US$ 12.22 Bn. The increasing focus on the health of dogs has augmented the market demand for vegan dog food. Dog owners are looking for food products with higher nutritional value. The growing awareness regarding healthy dog food is propelling the demand of vegan dog food in the market. These aspects are encouraging product launches, subsequently driving overall growth. In May 2020, Bond Pet Foods, Inc., has introduced its first consumer product – animal-free, a ...