Pet Food Market Forecast and Trends Analysis Research Report 2020-2027

Sun Jul 19, 2020 - 10:45am GMT+0000

The Pet Food Market report offers comprehensive coverage of all the important factors such as market drivers, leading players, latest trends, revenue, growth rate, volume sales, and consumer insights.

Dublin, Ireland – July 19, 2020 /MarketersMedia/

The research report provides detailed information on enterprises on a global and regional level through an all-inclusive analysis and insights into the developments affecting the businesses. It covers an entire overview of the pet food market, including the market share, size, and the projection of the Pet Food market, within a specific interval of time.

About Pet Food Market

The key drivers contributing to the growth of the pet food market include the accelerating adoption rate of pets and the increasing demand for premium pet foods. The growing disposable income of the middle-class population has led to an increase in the total spending capacity on pets. With the increasing trend of keeping a pet as a companion of the owners and the rising health concerns of the pets, the pet owners are actively looking for healthy pet food options to maintain the health of their animals. According to the Pet Food Industry, approximately 95% of the pet owners assume their pets as a part of their family, therefore emphasizing on the importance of the quality in the pet food. The significant shift in the consumer’s preference to opt for vegan and grain-free pet food products is another factor responsible for the growth of the pet food market size in the coming years.

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The pet food products comprise of vegetables, fruits, chicken meal, lamb meat, and other preservatives, which helps in improving the color, flavor, and texture of the food items. All these factors will attract many pet owners who are following the pet humanization trend across the globe. The easy availability of pet food products across various platforms, including retails shops, supermarkets, and online stores, will further create numerous opportunities in the market. On the other hand, the outbreak of the COVID-19 has resulted in various restrictions on the manufacturing activities; thus, is affecting the supply of the pet food products. However, the pet food market is projected to bounce back in 2021, while growing at a significant rate from 2022 onwards.

Competitive Landscape

The notable players in the pet food market include The Hartz Mountain Corporation, Nestlé Purina, Lupus Alimentos, Mars Incorporated, Hill’s Pet Nutrition, Inc., Total Alimentos SA, Blue Buffalo Pet Products, Inc., The J.M. Smucker Company, WellPet LLC, and Diamond Pet Foods, among others.

Read Full Pet Food Market Report Insights:

Market Segmentation

Pet Food Market by Type:
• Dogs
• Cats
• Others

Pet Food Market by Point of Sale:
• Online
• Hypermarkets
• Specialized Retail Stores

Pet Food Market by Food Type:
• Dry
• Wet
• Treats

Pet Food Market by Food Category:
• Meat
o Fresh meat
o Frozen Meat
• Cereals
o Corn and cornmeal
o Wheat and wheat meal
o Barely and rice
o Others
• Vegetables and Fruits
o Potatoes
o Carrots
o Soybean and soybean meals
o Fruits
o Others
• Fats and additives
o Fish oil
o Poultry fat,
o Vitamins and minerals, and
o Others

Pet Food Market by Region:
• North America
o United States of America
o Canada

• Asia Pacific
o China
o Japan
o India
o Rest of APAC

• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe

• RoW
o Brazil
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)

About Noah Research

Noah Research is a market research and consulting firm which provides extensive industry & market research to help businesses around the world in making the toughest business decision. We provide the most comprehensive coverage of any focus industry while ensuring a holistic and deep understanding of the particular market through actionable data. We cover both aspects of the market, the traditional well-established market and the niche markets, especially in the emerging economies. Our clients rely on us to produce reliable, accurate, and timely information. We not only focus on offering the best possible solution in optimal timeframe but also ensures that the trust of our clients is always maintained. We at Noah Research are looking forward in helping businesses to gain a competitive advantage in the specific industry.

Contact Info:
Name: Rahul Sharma
Email: Send Email
Organization: Noah Research
Phone: +1 860 881 2270

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Source: MarketersMedia

Release ID: 88969203