With the growing humanization for pets and increase in the disposable income of people, the pet food market is expected to grow at a considerable rate. As per APPA (American Pet Product Association) and PIDA (Pet industry Distribution Association) the US pet food industry in 2016 has surpassed the previous spending by $6 billion. It is now estimated to grow by 5.2% in 2017.
Pet food is extremely loved by the pets owing to its great taste and high meat content. Even the vegetarian pet owners choose the opposite option.
This food is available as dry, wet, snacks, nutritious and others in various forms like candies, small to large portions, various shapes and textures.
The key players in the pet food market: Mars Petcare Inc., Nestle Purina PetCare, Hills Pet Nutrition, Blue Buffalo, Big Heart Pet Brands, Spectrum Brands/United Pet Group, Unicharm Corp., and Laroy Group.
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Global pet food market segmentation by food type: Dry food, Wet food / Canned food, Veterinary food, Treat/Snacks, Organic food and Nutrition food.
Global pet food market segmentation by distribution channel: Online stores, Retail stores, Pet shops and Hypermarkets/Supermarkets.
Global pet food market segmentation by end user: Dogs, Cats and Others.
Global pet food market segmentation by geography: North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.
Key questions answered in this Pet Food Market report:
- What is the total market size by 2024 and what would be the expected growth rate?
- What is the revenue of pet food market in 2015-16 and what would be the expected demand over the forecasted period?
- What is the advancement in the research over pet food to develop enhanced nutritional products?
- What are the key market trends?
- What are the factors which are driving this market?
- What are the major barriers to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities for the existing and entry level players?
- What are the recent developments and business strategy of the key players?
Table of Contents:
- Executive Summary
- Research Methodology
- Regional Opportunity Analysis based on Competitors
- Global Pet Food Market Size (USD Billion) and Forecast Analysis, 2016-2024
- Market Dynamics: Growth Drivers, Restraints and Opportunities
- Global Pet Food Market Segmentation
- Competitive Outlook
- Porter’s Five Force Model
- Market Landscape: Competition and Beyond
- Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
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