Tuesday 05 March, 2013 | RSS Feed

Automatic Pet Feeders: What to Source in 2023

by Administrator

The market for automatic pet feeders is booming as pet owners look for innovative solutions to make their lives easier. Increasing popularity of pets as companions for mental well-being and stress relief and the growing trend of smart homes are boosting global market revenue.

Benefits of  automatic pet feeders

Pet owners nowadays are more attentive to their pets’ health and welfare. Automatic pet feeders offer the advantages they need to care for their pets amid their busy work lives.

Convenience: Pet owners no longer need to worry about manually feeding their pets multiple times a day, saving them time and money.

Easy monitoring: Since many automatic feeders have built-in sensors that detect when a dog or cat is not eating or drinking enough, owners can easily monitor their pet’s health. Some models also have built-in cameras for remote viewing in real-time.

Types of automatic pet feeders

According to Reports and Data, demand for automatic pet feeders has skyrocketed with the advent of digitized and smart homes. These are the popular types available in the market.

Automatic and intelligent pet feeders are designed to release a precise amount of food at a preset interval of time. They provide pets with a specific amount of food, making it easier to keep track of how much is being given out.

Smart pet feeders have Wi-Fi capabilities, unlike automatic pet feeders, which simply offer a timer feature. The majority come with cameras that allow pet owners to keep an eye on their animals.

What is the global value of the automatic pet feeder market?

The global market for automatic pet feeders stood at $540.8 million in 2022 and is predicted to reach $1.36 billion by the end of 2032 at a CAGR of 9.6 percent, per the latest data from Fact.MR. North America holds the largest market share at 36.4 percent and is expected to grow by 23 percent between 2022 and 2023 – with the US generating the biggest demand. Europe and the Asia-Pacific region are expected to take a big slice of the pie as well.

Why is the automatic pet feeder market in Germany expected to be highly lucrative?

According to research conducted by Fact.MR, Germany is home to 83 million of the world’s wealthiest consumers and 34.7 million pets, making it a major market for pet products. Increasing pet adoption and government regulations for pet owners in the country are also driving significant growth in demand for automatic pet feeders in the coming years. Germany has a market share of 13.3 percent in Europe in 2021 and is expected to reach $54.2 million by the end of 2032, at a CAGR of 9.8 percent.

Which type of automatic pet feeder holds a prominent market share?

Per Fact.MR, automatic dog feeders account for 70.3 percent of the market. The segment is expected to reach $900.5 million by 2032, registering a CAGR of 9.1 percent during the forecast period. Automatic cat feeders reached $122.2 million at the end of 2021.

What are the factors to consider when buying automatic pet feeders?

Type: Choose the type best suited for the pet. This is important because different types of automatic pet feeders offer different benefits.

Size: Larger pet feeders hold more food, while smaller models hold less. Food type to use should also be factored in since some feeders are designed to dispense specific types of pet foods.

Price: Make sure to compare prices from multiple pet feeder suppliers in order to get the best deals.

Conclusion

Since pet owners are increasingly looking for pet products that can help them save time and money, the market for automatic pet feeders is expected to be highly lucrative.

 

Here's a gallery of automatic pet feeders that you can source from verified suppliers at Global Sources.






Other news for Tuesday 05 March, 2013


View all news for Tuesday 05 March, 2013 on one page




News archive