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Global pet food marke forecast to 2024 scrutinized in new research

Global pet food marke forecast to 2024 scrutinized in new research

Information such as Pet Food industry predilection insights and drivers, challenges and fortuity assists the readers for understanding the current trends in the global Pet Food market.

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The Pet Food market report segmentation is on the basis of animal type, product, pricing, ingredient types, sales channel, and geography.

The Global Pet Food Market, valued approximately USD 75 billion in the year 2016 and is approximated to grow at a high CAGR during the forecast period. With the changes in lifestyles in the emerging economies is driving the growth of the market.

The market share growth encourages a colossal concern in pet ownerships across the globe.

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The Pet Food market segmentation is on the basis of animal type, product, pricing, ingredient types, sales channel, and geography. The animal type is further segmented into dog, cat, bird and other animals.

The segmentation on the basis of pricing is economic, premium and super premium. The product type is sectioned into Dry Pet Foods, Wet Pet Foods, Veterinary Diets, Treats/Snacks, Liquid Food and Organic Pet Food Products.

The Dry Pet Foods and Wet Pet Foods are further segmented into Grain Free and others. The Ingredient types market is segmented into Animal Derived, Plant Derived, Cereals and Cereal Derivatives and Others.

The changing approach to consumers towards owning pets and the health of their pets is driving the market. The demand is rising due to the trends of nuclear families with pets treated as a part of the family.

They are looked after with equal care in terms of health, lifestyle and eating habits.

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The largest market share in Pet Food industry is accounted by North America with approximately over 40% of global market share. Europe accounts for the second largest market while Asia- Pacific holds around 9% of the global Pet Food market share.

With growing awareness of animal and pet treatments and the trend of owning pets across the globe has resulted in leading the growth of the market. The analysis of Pet Food industry indicates the growth of United States in North America with the highest CAGR during the forecast period.

The leading market players of Pet Food market are Mars Inc., Del Monte Foods Co., Nestle SA, Colgate-Palmolive Co., Uni-Charm Corp, Mogiana Alimentos SA, Deuerer and Yamahisa Pet Care amongst other. High Research and Development is the focus of these mentioned companies to produce high-quality food products.

The margin for profit is greater than average being the reason more small and medium scale pet food industries are entering the market.

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Table of Contents

  1. Research Scope
    1.1. Study Goals
    1.2. Scope of the Market Study
    1.3. Who Will Find This Report Useful?
    1.4. Study and Forecasting Years
  2. Research Methodology
    2.1. Sources of Data
    2.2. Top-Down Approach
    2.3. Bottom-Up Approach
    2.4. Data Triangulation
  3. Executive Summary
    3.1. Market Summary
    3.2. Key Findings
  4. Market Overview
    4.1. Market Definition
    4.2. Market Drivers and more…
  5. Global Pet Food Market by Category 2017-2024 ($ Billion)
    5.1. Global Dog Food Market 2017-2024 ($ Billion)
    5.2. Global Cat Food Market 2017-2024 ($ Billion)
    5.3. Global Other Pet Food Market 2017-2024 ($ Billion)
  6. Global Pet Food Market by Distribution Channel 2017-2024 ($ Billion)
    6.1. Store-Based Retailing 2017-2024 ($ Billion)
    6.2. Veterinary Clinics 2017-2024 ($ Billion)
    6.3. Internet 2017-2024 ($ Billion)
    6.4. Other Distribution Channels 2017-2024 ($ Billion)
  7. Key Analytics
    7.1. Porters Five Force Model
    7.2. Key Market Insights
    7.3. See-Saw Analysis
  8. Global Pet Food Market by Geography 2017-2024 ($ Billion)
    8.1. North America Pet Food Market 2017-2024 ($ Billion) and more…
  9. Company Profiles
    9.1. the Jm Smucker Co
    9.2. Colgate-Palmolive Co
    9.3. Mars Inc
    9.4. Nestle Sa and more….

List of Tables and List of Figures       

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