Automatic and Smart Pet Feeder Market Recorded a 12.60% YOY Growth Rate in 2021 | Smart Homes Augmenting the Demand for Smart Pet Feeders is a Major Trend Fueling the Market

NEW YORK, June 9, 2022 / PRNewswire / – The automatic and smart pet feeder market report is segmented by Product (automatic pet feeder and smart pet feeder), End-user (dogs and cats), Geography (North America, EuropeAPAC, South AmericaMEA), and Distribution channel (offline and online)

Technavio has announced its latest market research report titled Automatic and Smart Pet Feeder Market by Product, End-user, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

Technavio has announced its latest market research report titled Automatic and Smart Pet Feeder Market by Product, End-user, Distribution Channel, and Geography – Forecast and Analysis 2021-2025

The automatic and smart pet feeder market size is expected to grow by USD 2.28 billion, progressing a CAGR of 21.9% from 2020 to 2025, according to Technavio’s latest market report. Also, the market recorded a 12.60% YOY growth rate in 2021. Smart homes augmenting the demand for smart pet feeders is the key market trend driving the automatic and smart pet feeder market growth. The advent of digitized, automatic homes has increased the demand for smart pet feeder products. Smart pet feeders can be connected to the end-users smartphones. They help the owners remotely monitor the activities of their pets. Ease of operation from remote locations via Wi-Fi technology aids in the growth of the market. Multiple pet feeder vendors, of late, have initiated connecting smart pet feeders with digital voice assistants like Amazon’s voice-activated virtual personal assistant, Alexa. For instance, Petnet Inc. offers a smart technology that controls the operation of its SmartFeeder by incorporating the Amazon Alexa feature. The users can, thus, operate smart pet feeders using their voices.

For more highlights on the market trends – Download a sample now!

Automatic And Smart Pet Feeder Market: Major Growth Drivers
The automatic and smart pet feeder market growth is expected to be driven by the following
factors:

  • Changing lifestyle patterns and busy work lives of urban populace

  • Rise in product visibility and accessibility through online retailing

  • Introduction of multichannel marketing strategies for effective branding

  • To know about the more drivers along with the challenges – Download a sample now!

Automatic And Smart Pet Feeder Market: Vendor Analysis

  • The automatic and smart pet feeder market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

  • The automatic and smart pet feeder market report also offers information on several market vendors, including C and A Marketing Inc., Doskocil Manufacturing Co. Inc., Encaya Corp., JnB Innovation SAS, PetKeen, PETKIT Ltd., Pets at Home Group Plc, Radio Systems Corp., SureFlap LLC, and Wopet Pet Product Ltd. among others.

  • For instance – C and A Marketing Inc. – The company offers automatic and smart pet feeders under the brand name ARF pets.

  • To know about all major vendor offerings – Download a sample now!

Automatic And Smart Pet Feeder Market: Revenue Generating Segment

  • The automatic and smart pet feeder market share growth by the automatic pet feeder segment will be significant for revenue generation.

  • Automatic pet feeders are programmed to dispense food to pets at fixed intervals and also allow users to customize the food quantity as per the requirements of their pets. This product is embedded with a microphone and a speaker for the pet owner to record his / her message as an indication for the pets during meal times. Such offerings are expected to drive the segment growth during the forecast period.

  • To know about the contribution of each segment – Download a sample now!

The competitive scenario provided in the Automatic And Smart Pet Feeder Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Automatic and Smart Pet Feeder Market Forecast Report – Buy Now!

Reasons to Buy Automatic and Smart Pet Feeder Market Report:

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist automatic and smart pet feeder market growth during the next five years

  • Estimation of the automatic and smart pet feeder market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the automatic and smart pet feeder market across North America, EuropeAPAC, South AmericaMEA, North America, EuropeAPAC, South AmericaMEA, North America, EuropeAPAC, South Americaand MEA

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of automatic and smart pet feeder market vendors.

Related Reports:

  • The sports fishing equipment market share is expected to increase by USD 2.08 bn from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 2.8%. Download a sample now!

  • The camping lights and lanterns market share is expected to increase by USD 68.21 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 8.34%. Download a sample now!

Automatic And Smart Pet Feeder Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 21.9%

Market growth 2021-2025

USD 2.28 billion

Market structure

Fragmented

YoY growth (%)

12.60

Performing market contribution

North America at 55%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

C and A Marketing Inc., Doskocil Manufacturing Co. Inc., Encaya Corp., JnB Innovation SAS, PetKeen, PETKIT Ltd., Pets at Home Group Plc, Radio Systems Corp., SureFlap LLC, and Wopet Pet Product Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get customized segments.

Table of Content

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by End-user

7 Market Segmentation by Distribution channel

8 Customer landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

Cision

Cision

View original content to download multimedia: https: //www.prnewswire.com/news-releases/automatic-and-smart-pet-feeder-market-recorded-a-12-60-yoy-growth-rate-in-2021 -smart-homes-augmenting-the-demand-for-smart-pet-feeders-is-a-major-trend-fueling-the-market – technavio-301564119.html

SOURCE Technavio

Leave a Comment

Your email address will not be published.