Start A Vegan Pet Food Business - Business Ideas

Updated: September 15th, 2022
Start A Vegan Pet Food Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

It is estimated that the global vegan pet food market will grow to $14.1 billion in the next few years.

According to industry analysts, pet owners realize the nutritional benefits of vegan pet food, hence the market growth. Consequently, starting a vegan pet food manufacturing business can be profitable.

To start a veg food business, research the market and develop unique branding for your vegan pet food.

Starting a vegan pet food business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell vegan pet food, or selling vegan pet food online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a vegan pet food business ➜

Key Stats

starting costs
$41.7K
gross margin
50%
avg product price
$33
time to build
180 days

Startup Costs

Min Startup Costs Max Startup Costs

Employee & Freelancer Expenses

$151

$352

Website Costs

$223

$7,215

Business Formation Fees

$600

$4,700

Equipment & Supply Expenses

$66

$700

Retail Business Expenses

$1,250

$11,650

Inventory Expenses

$350

$14,750

Food Business Expenses

$2,125

$36,000

Software Expenses

$150

$2,470

Advertising & Marketing Costs

$75

$5,286

Specific Industry Expenses

$0

$300

Total Startup Costs

$4,990

$83,423

Successful Businesses

Business URL Rank

Open Farm

openfarmpet.com

124,372

Wild Earth

wildearth.com

145,012

Pedigree

pedigree.com

187,898

Darwin's Natural Pet Products

darwinspet.com

221,109

Buckley Pet

buckleypet.com

443,800

Buy Pet Food Online at SGPETS.com.sg, Dog Dry Food Shop in Singapore !

sgpets.com.sg

473,629

Just Right

justrightpetfood.com

502,351

Earthborn Holistic Pet Food

earthbornholisticpetfood.com

657,788

All About Dog Food

allaboutdogfood.co.uk

679,482

Portland Pet Food Company

portlandpetfoodcompany.com

749,643

Time for Paws

timeforpaws.co.uk

884,474

Pros & Cons

Pros Description

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

High customer retention rates

Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

Easy to encourage "impulse buy"

In the vegan pet food business, you have a much higher chance of encouraging your customers to buy on impulse - you can easily alter the price, placement, packaging, and promotional value to influence the decision of your buyer.

Unlimited income potential

With starting a vegan pet food business there is no cap as to how much income you can make. The stronger your business skills and the more energy/time you put into your career, the more you'll make.

Amazing perks and discounts

Working in the vegan pet food business comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.

Cons Description

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

High employee turnover

In the vegan pet food business, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.

Taxes

As a vegan pet food business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

Niche Market

A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience.

High overhead expenses

With starting a vegan pet food business, there are overhead expenses that come with selling a physical product. You will want to make sure you strategically budget for these overhead costs. We discuss this more in the startup costs section below.

Time commitment

With starting a vegan pet food business, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.

Marketing Ideas

  • 1

    Direct Sales

    Direct sales strategy implies a direct contact between a seller and a consumer without the involvement of any third party. Direct selling is popular in sectors where sellers communicate with their clientele personally. The sales technique occurs at non-store locations which include at home, work, or online.

    For direct selling to succeed, hire a few (or many) salespeople to support the sales conversion process. It's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

    Learn more about direct sales ➜

  • 2

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

    Learn more about word of mouth ➜

  • 3

    Social Media Advertising

    Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.

    According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.

    Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.

    Learn more about social media advertising ➜

Pat Walls,  Founder of Starter Story
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