The bird food market is poised to reach a valuation of US$ 2.1 Billion in 2022.
As per a recent market analysis by Future Market Insights (FMI), the bird food market is poised to reach a valuation of US$ 2.1 Billion in 2022. Sales are projected to increase at a 3.6% CAGR, with the market size reaching US$ 3.0 Billion by 2032.
Leading manufacturers of bird food are focused on sustainability of the environment. Also, growing health consciousness among bird owners is expected to improve the sales of bird food globally. Non-profit groups, such as the National Audubon Society, claimed record 2020 sales in its backyard bird feeder and wild-bird-food-licensing programmes, while several birding retailers reported 50 percent increases in demand. Many people who have started monitoring birds have done so by putting out a feeder.
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Consumers are increasingly turning to e-commerce sites to buy bird food and supplies since they can provide a large variety of products at exceptional discounts and rates. Furthermore, e-commerce websites may assist customers modify items based on their individual needs, even if the product is not accessible in a given country's market. Leading e-commerce sites such as Walmart, Alibaba, and Amazon provide a diverse selection of items from across the world.
Key Takeaways:
“Rising wild bird feeding for the business is expected to benefit the bird food sector. However, increased awareness of the need of environmental sustainability is anticipated to function as a catalyst for the global expansion of bird food markets.”- FMI Analyst said.
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Competitive Landscape
Companies in the global bird food industry are forming strategic alliances and partnerships with local vendors, pet specialty stores,and social media influencers to expand their product lines and cater to high demand from an expanding client base.
Furthermore, prominent companies are aiming to develop innovative products to strengthen their positions in the global market. They are using organic ingredients to make bird food and investing huge sums in research and development activities. A few other companies are making unique bird feeders to attract more customers.
Major players present in the bird food market are
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Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global bird food market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the bird food market based on by types (Seed, Feed, Treats, Suet, Others) by price range (low, medium, and premium), by bird type (wild birds, caged birds, etc), by sales channel (wholesalers/distributors, hypermarkets/supermarket, specialty stores/pet stores convenience stores, online retailers, other retail formats) & Region
Bird Food Market Outlook by Category
By Product Type:
By Price Range:
By Bird Type:
By Sales Channel:
By End Users:
By Region:
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA.
Jan 27, 2023