July 08, 2022 08:35 ET | Source: FACT.MR FACT.MR

United States, Rockville MD, July 08, 2022 (GLOBE NEWSWIRE) -- The global smart pet feeder market is valued at US$ 198.3 million and is predicted to expand at a high CAGR of 8% between 2022 and 2032, as per detailed industry analysis by Fact.MR, a market research and competitive intelligence provider. Worldwide sales of smart pet feeders are expected to surge at 7.8% CAGR to reach US$ 419.2 million by the end of 2032. Increasing pet adoption, changing pet care trends, and the introduction of novel technologies in pet management are major factors driving market growth.

The COVID-19 pandemic facilitated the reconnection of people’s lives at homes, especially pet parents. It allowed pet owners to spend quality time with their pets and give them the attention and care they require. This was a blessing in disguise for many; however, with the world back to a new normal and many people going out to work, it has raised concerns about pet parenting, especially for those who adopted pets during lockdowns.

For more insights into the Market, Get A Sample of this Report!

https://www.factmr.com/connectus/sample?flag=S&rep_id=7533

Technology has come to the rescue for concerns such as pet eating schedules when pet owners are not present at home. An increase in demand for smart pet feeders has been witnessed since the end of lockdowns. Smart pet feeders enable pet parents to control and monitor their pet’s feeding schedule with their mobile phones even when they are away from home. These smart devices also help in providing the right quantity of feed at right time.

Several benefits offered by smart pet feeders are driving their demand growth across regions.

Key Takeaways from Market Study

For Comprehensive Insights Ask An Analyst Here

https://www.factmr.com/connectus/sample?flag=AE&rep_id=7533

Market participants are engaged in collaborations, funding, mergers, acquisitions, and new product launches to compete in the market. Additionally, companies are focusing on expanding their product portfolios for bringing pet care products to the masses, and a few market players are investing in innovative products for meeting the needs of niche consumer categories.

Moreover, collaboration with retail channels will remain a crucial strategy for manufacturers of smart pet feeders, as they would become aware of the needs of consumers, and, in turn, develop application-specific products.

DOGNESS Group, Dokoo, Faroro, Petkit, Radio Systems Corporation, Skymee, Sureflap Ltd., Sure Pet Care, Welltobe, and Wopet are leading suppliers of smart pet feeders.

Key Segments of Smart Pet Feeder Industry Survey

Get Customization on this Report for Specific Research Solutions

https://www.factmr.com/connectus/sample?flag=RC&rep_id=7533

Fact.MR, in its new offering, presents an unbiased analysis of the smart pet feeder market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on pet type (dogs, cats, others), connectivity (Bluetooth, cellular, Wi-Fi, others), and sales channel (online sales channels (company websites, e-Commerce platforms), offline sales channels (hypermarkets/supermarkets, modern trade stores, brand stores, pet care stores, pet clinics)), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

About the Consumer Goods Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned consumer goods team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the consumer goods industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

Explore More Consumer Goods Division Reports:

Allergy Care Market - Allergy Care Market Analysis by Allergy Type (Eye Allergy, Skin Allergy, Food Allergy), by Product (Nasal Spray, Antihistamine Medication, Eye Drops), by Form (Tablet/Gels/Pills, Sprays, Liquids), by Sales Channel, by Region - Global Forecast 2022-2032

Biodegradable Packaging Material Market - Biodegradable Packaging Material Market by Material (Paper and Paperboards, Plastic, Jute, Wooden Biodegradable Packaging Materials), by Application (Trays, Bags, Boxes, Clamshells, Films, Pouches), by End-Use Industries & Regional Forecast 2022-2032

Plastic Tray Market - Plastic Tray Market Analysis by Material Type (PVC, Polypropylene, Polyethylene Terephthalate, Polystyrene), by Form (Flexible Plastic Trays, Semi-Flexible Plastic Trays), by End-use, by Region, Global Forecast 2022-2032

Paper Trays Market - Paper Trays Market Analysis by Source (Virgin Fiber Paper Trays, Recycled Fiber Paper Trays), by Material (Corrugated Boards, Boxboards/Cartons, Molded Pulp), by End-use, by Region - Global Forecast 2022-2032

Playroom Furniture Market - Playroom Furniture Market Analysis by Product Type (Storage Cabinets, Table and Chair Sets, Play Furniture Sets), by Material Type (Wood, Plastic, Fabric, Metal Playroom Furniture), by Application, by Distribution Channel, by Region - Global Forecast 2022-2032

Gift Packaging Market - Gift Packaging Market Analysis Report By Product Type (Bows and Ribbons, Bags and Containers, Boxes, Wrapping Paper), By Material (Plastics, Paper & Paperboard, Metals), By Packaging Form (Flexible, Rigid Gift Packaging), By Packaging Type, By Region - Global Market Insights 2022 to 2032

Salon Chairs Market - Salon Chairs Market Analysis by Product Type (Conventional, Antique, All-purpose, Modern Barber Chairs), by Mechanism (All Electric, Hydraulic Salon Chairs), by Reclining Type (Electric Reclining, Hydraulic Reclining, Non-reclining), by End-User, by Sales Channel & Regional Forecast 2022-2032

Smoking Cessation Products Market - Smoking Cessation Products Market Analysis by Product Type (Chewing Gum, Patches, Inhalers, Lozenges, Nasal Sprays), by Therapy (Nicotine Replacement Therapy (NRT), Non-NRT Therapy, E-Cigarettes), by Sales Channel & Regional Forecast 2022-2032

Dermatological Products Market - Dermatological Products Market Analysis by Product Type (Cleansers, Acne Treatment Products, Skin Moisturizer, Sunscreen Products, Scar & Stretch Mark Products), by Form (Ointment, Stick, Wipes, Oil, Powder), by Consumer Orientation, by Sales Channel & Regional Forecast 2022-2032

Termite Control Services Market - Termite Control Services Market Analysis by Service (Chemical, Organic Termite Control Service), by Service (Contract, Ad-hoc Termite Control Services), by End-user, by Region - Global Forecast 2022-2032

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.