Technology is quickly advancing. The rise in the use of automatic pet feeders is also growing. That is why two prominent sectors are merging to offer dog owners incredible dog-tech such as gadgets coupled with innovative products for dogs. An automatic feeder is one useful piece of dog technology for many reasons. Here is a rundown of the pet feeder market analysis.
a. Availability of Variety
There are a variety of automatic pet feeders on the market. Some dispense food via gravity, while others are purely electronic. They come with a large capacity for food. They are also perfect for dog parents with a schedule that demands that they are away from their furry friends.
b. Understanding the Dynamics
There is an increase in the ownership of pets in developing countries. Therefore, there is also an increase in the demand and use of pet feeders.
In the US alone, the demand for automatic pet feeders has doubled, such that more pet parents are acquiring dogs and cats. This directly impacts the tools demand rate, which is expected to continue shouting upwards in the next 12 years.
An increase in the working population, coupled with high-net individuals in the world, has pushed pet feeders’ growth in the customer’s sphere. At the same time, countries in North America are becoming early adopters of the automatic pet feeders. The rise influences this in awareness of various pet feeders in the customer’s spheres.
High-net individuals in the area are also pushing the growth of the smart pet feeders. This, in return, is expected to boost the already growing demand for these devices.
Over the past few years, automatic pet feeders have become major service providers that offer convenience to most pet owners and pets.
People have begun to have multiple pets at home, creating a necessity for various feeding types of pet foods at once.
c. How the market is segmented
As with any product in the consumer market, automatic dog feeders are also categorized into various segments, including sales channels, regions, in addition to the type.
When it comes to the material used to make them, the market can be divided into stainless, plastic, rubber, and ceramic. On sales channels, the feeders can be divided into conventional stores, direct customers to different channels, and various online stores.
When it comes to the region, dog feeders can be divided into Latin America, the Middle East, and Europe.
Finally, when it comes to the basis of type, these feeders can be segmented into automatic and smart feeders.
d. Looking at the prominent market players of the market
Still, as with any product on the market, there are key top players in the pet feeder category. They include Petnet and Petwanna. The manufacturers are focused on product innovation, including smart pet feeders with a prominent inbuilt camera that uses a programmable timer. This timer allows the pets to enjoy the right amount of food at any given time.
The bottom line is that pet owners are increasingly purchasing automatic pet feeders. The gadget facilitates the portion of food that a pet should take. It also helps pets to maintain a feeding schedule.