Tuesday, May 31, 2022

Pet Food Market Growth, Trends, Covid-19 Impact

KEY MARKET INSIGHTS:

Pet Food Market size is projected to reach USD 94,547 Million units by 2027 from an estimated USD 70,102 Million unit in 2019, growing at a CAGR of 4.5% globally.

Pet food is animal feed intended for consumption by pets. Typically sold in pet stores and supermarkets, it is usually specific to the type of animal, such as dog food or cat food. Most meat used for animals is a byproduct of the human food industry, and is not regarded as "human grade". Pet food Market report covers the detailed analysis on current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition.

Rise in per capita disposable income, increase in trend of nuclear families, and rapid increase in humanization are some of the major factors driving the market growth. Packaged nutritional food is predominately adopted by pet parents to provide sufficient nutrients to their pets. Dogs as pets are more popular than other animals, such as cats, fishes, birds, and reptiles. This creates a lucrative opportunity for the pet food manufacturers to come up with wide array of dog food products.

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The key market players for the global Pet Food Market are listed below:

Mars,Hill's Pet Nutrition,Nestle Purina,The J.M. Smucker Company (Big Heart Pet Brands, Inc.),Colgate,Lupus Alimentos,Diamond pet foods,Heristo,Unicharm,Mogiana Alimentos,Diamond Pet Foods,Affinity Petcare,Blue Buffalo Pet Products Inc.,Nisshin Pet Food,Total Alimentos,Ramical,Butcher’s,MoonShine,Big Time,Yantai China Pet Foods,Gambol,WellPet LLC,Paide Pet Food,Wagg

Segmentation of Pet Food Market

In market segmentation by Pet, Pet Food Market report covers:

Dogs,Cats,Others

On the basis of Food Type, Pet Food Market has been segmented into:

Dry Food,Wet Food,Snacks,Treats,Nutritious Food,Others

Following regions are highlighted in this the Pet Food Market report:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

 

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Points Covered in The Report

·         The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

·         The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.

·         The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

·         Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.

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