According to a report by Data Bridge Market Research, the global vegan dog food market is expected to grow rapidly in the coming years, with its value increasing from $12.27 billion in 2021 to $31.48 billion by 2029. This represents an average annual growth rate of 12.5%.
The market will evolve due to the increasing pets humanization. Additionally, as more consumers adhere to a vegan diet, believing it to be healthier and more environmentally friendly, many dog owners also want to feed their pets similarly.
However, the vegan dog food market may face some challenges, such as limited availability of ingredients, inconsistency in international trade regulations, and the presence of counterfeit products.