Japan Leads Growth in Pet Milk Replacer Market

The global pet milk replacer market is expected to grow at a steady rate of 7.9% during the forecast period 2023-2033, reaching a size of US$ 480 million by 2033. The market is driven by growing awareness about pet health and the preference for sustainable and nutrient-rich pet feed.

In Asia, Japan is a significant player in the pet milk replacer market, with a CAGR of 6.4% during the forecast period. According to Future Market Insights (FMI), the market for pet milk replacers in Japan is expected to grow at a robust 7.10% CAGR through 2031, driven by the growing pet grooming culture and urbanization.

The COVID-19 pandemic had a negative impact on the pet milk replacer market, due to restrictions on movement and disrupted supply chains. However, FMI projects a positive demand outlook for the pet milk replacer market, as it experienced year-over-year growth of 6.30% from 2020 to 2021.

Pet milk replacers are becoming increasingly popular as they are highly beneficial additions to pet diets. They are generally fed to puppies and kittens to meet their nutritional needs, especially for those who are allergic to cow's milk. This is because most dog breeds and feline species have highly sensitive digestive systems, making them susceptible to gastrointestinal problems.

According to FMI's market survey, non-medicated pet milk replacers will continue to be highly sought after through 2031, as pet owners become more conscious about their pets' health. The growth of the pet milk replacer market in Japan and other Asian countries is expected to be driven by increased adoption and the development of more advanced milk replacement technology, as well as the growing prevalence of pet humanization trends.

In conclusion, the pet milk replacer market in Asia, with a focus on Japan, is expected to grow steadily during the forecast period, driven by growing awareness about pet health and the preference for sustainable and nutrient-rich pet feed. The COVID-19 pandemic had a negative impact on the market, but demand has since recovered and is expected to continue to grow.