Global Pet Food Market is anticipated to reach USD 98.81 billion by 2022. The market is anticipated to grow at a healthy rate in the years to come. The factors that propel the growth of the market include rapid urbanization & industrialization, increasing demand, increasing trend of nuclear families, improved consciousness about pet health, and fast humanization of pets, product development & technological innovations.
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Market Synopsis of Pet Food Market:
In addition, factors such as
changing standard of living, rise in disposable income, increase in number of
pet owners, and growing pet humanization significantly fuel the market growth.
On the other hand, there are factors that may hamper the growth of the market
such as growing obesity in pets and increasing pet allergies. The Pet Food
Market is anticipated to grow at a significant CAGR of 4.3% in the upcoming
period as the scope, product types, and its applications are increasing across
the globe.
The market may be explored by
food product, applications, sale channel, and geography. Pet Food Market may be
explored by food product as Wet/Canned Food, Dry Food, Snacks/treats,
Nutritious Food, and Others. The “Dry products” segment dominated the Pet Food
Market in 2014 and anticipated to maintain its dominance by 2022. Dry food
products are mostly targeted for young animals due to their high nutritive
value. These products are accessible in an extensive price range, standard,
standard premium, super premium, and economy. Important factors driving demand
for dry products comprise lower generation of waste, longer storage, and
handling convenience.
Pet Food Market may be explored
by application as Cats, Dogs, and Others. The “Dog” segment dominated the
application of the Pet Food Market in 2014 and is anticipated to maintain its
dominance by 2022. Dogs are the friendliest animals kept as pets across the
globe. Accessibility of dog food for various types is expected to have an
optimistic influence on industry development over the forecast period.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Pet Food: Market
Variables, Trends & Scope
Chapter 4 Pet Food: Product
Estimates & Trend Analysis
Chapter 5 Pet Food: Application
Estimates & Trend Analysis
Chapter 6 Pet Food: End-use
Estimates & Trend Analysis
Chapter 7 Pet Food: Industrial
End-use Estimates & Trend Analysis
Chapter 8 Pet Food: Regional
Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Pet Food:
Manufacturers Company Profiles
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