Global Pet Food Market - Market Size, Share & Industry Trends, Growth Analysis Report By Pet Type, By Product Type, By Ingredient Type and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction Pet Food Market was worth USD 97 Billion in 2019 and is estimated to reach USD 113.08 Billion by 2025, at a CAGR of 4.5% from 2020-2025. The Global Pet Food Market is witnessing fairly large growth due to factors like, rise in the disposable income of the middle-class population has increased the spending capacity on pets, growing urbanization, no-kid households, humanization of pets and growing awareness regarding healthy diet of pets. Increasing demand for premium quality products has enforced the leading manufacturers in the global food market to use high quality materials and ingredients. Additionally, it has driven them to completely streamline their production techniques and processes. To avoid wastage and spoiling of food products because of paper-based packaging, manufacturers are now concentrating on using touch-based packaging. Though, food with high meat content gets easily spoiled leading to loss of customer loyalty. Geographical Overview North America holds the maximum revenue share in the Global Pet Food Market due to pet-friendly regulations in hospitality sector. The Asia-Pacific region is one of the most important and high potential markets for this industry. The Asia-Pacific region is endowed with mature markets, such as Australia and Japan and has emerging markets such as China, India, Thailand, and others. In addition, Japan is one the major pet food markets in Asia Pacific and is expected to remain dominant during the forecast periods. Europe is considered as a major market for quality-driven pet food. According to the European Pet Food Industry Federation (FEDIAF), over 80 million households across Europe own at least one pet. The regional market is led by cat food products owing to the high rate of cat ownership.? Segmental Overview Pet Food Market is segmented as per below specifications - By Pet Type: • Dogs • Cats • Birds • Aquaria • Others (Rabbit, Horse etc.) By Product Type: • Dry Pet Food • Wet Pet Food • Canned Pet Food • Snacks and Treats • Other (Frozen, Raw Foods etc.) By Ingredient Types: • Animal Derived • Plant Derived • Additives • Other Ingredient Types By Distribution Channel: • Wholesaler • Specialized Pet Shops • Retail • Online • Veterinary Clinics • Other Competitor Analysis Pet Food Market has presence of some of the key major players across globe which includes • Mars Inc. • Nestle Purina Petcare • Colgate-Palmolive (Hill’s Pet Nutrition, Inc.) • The J. M. Smucker Company (Big Heart Pet Brands, Inc.) • Blue Buffalo Pet Products, Inc. • Cargill Inc. • BASF SE (Germany) • DowDuPont Inc. • Ingredion Incorporated • Omega Protein Corporation • Sunopta • Nutreco N. V. • Darling Ingredients • Archer Daniels Midland Company These key players are adopting strategies such as new product launches, expansion and investment, mergers and acquisition, agreements, collaborations, joint ventures (JVs), and partnerships to strengthen their position in the market. By Geographical Locations: • North America o U.S. o Canada • Europe o U.K. o France o Italy o Germany o Spain o Russia & CIS o Rest of Europe • Asia-Pacific o China o India o Japan o South Korea o ASEAN o Rest of Asia Pacific • Latin America o Brazil o Argentina o Rest of LATAM • Middle East & Africa o UAE o South Africa o Rest of MEA Highlights of the report What is Pet Food Market? Who all are key market players in the industry? How the Parent Industry is growing? Where are the key opportunities for new market entrant? A comprehensive analysis, which covers key growth factors across the value chain Recent developments in market Granular Market Segmentation Market size projection based on Historical & current market trends Market share analysis and key strategies adopted by leading Players Production Cost & Sensitivity Analysis Country Level Market Analysis of Top 16 countries Data Driven Decision Recommendations