The dog population is expected to see slower growth over the forecast period compared with that of 2021 and 2022, since the pandemic years drove pet owners to keep more dogs for companionship whilst working from home. With many consumers expected to spend more time in the workplace or out socialising, and thus having less time to care for their dogs, there may be fewer Malaysians keeping dogs as pets in the aftermath of the pandemic.
Over the forecast period, pet owners are anticipated to take several steps to reduce their spending on dog food as the inflation of living costs leads to a slow decline in disposable income. Whilst many pet owners chose to mix low-cost home-cooked food (either cooked from scratch or using their own leftovers) with dry and wet dog food to save money during the pandemic, this habit may not be as easy to sustain in the following years as consumers will spend less time at home.
Over the forecast period, the sustainability trend is anticipated to continue rising in Malaysia, with this also beginning to have a bearing on consumption habits in dog food. As such, players are expected to import premium dog food products containing more sustainably sourced ingredients to supply this demand in the coming years.
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Understand the latest market trends and future growth opportunities for the Dog Food industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Dog Food
This report originates from Passport, our Dog Food research and analysis database.
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