Global Animal And Pet Food Market Characteristics | Size | Overview (2019-2022)
Posted: Jun 07, 2019
A report from The Business Research Company shows that the "Global Animal And Pet Food Market 2019" is expected to reach a value of nearly $449.5 billion by 2022, significantly growing at a CAGR of 8.6% during the forecast period.
The animal and pet food manufacturing market consists of sales of animal and pet foods by entities (organizations, sole traders and partnerships) that produce food and feed for animals and pets from ingredients, such as grains, oilseed mill products, and meat products.
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The animal and pet food market expected to reach a value of nearly $449.5 billion by 2022, significantly growing at a CAGR of 8.6% during the forecast period. The growth in the animal and pet food market is due to increasing pet adoption in many developed and developing countries, rising disposable income in many countries in Asia and Africa and rising awareness about pet care.
The Animal And Pet Food industry can be further categorized into Segments: Dog And Cat Food, Other Animal Food.
Major Key competitive players in the global Animal And Pet Food report include Mars Petcare Inc., Nestle Purina Petcare, Nutreco, Hill's Pet Nutrition (a subsidiary of Colgate-Palmolive Company), InVivo Animal Nutrition and Health, BLUE BUFFALO PET PRODUCTS INC., Spectrum Brands/United Pet Group, Balchem, Diamond Pet Foods, Unicharm Corp.
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Few Chapters from Table Of Content:
- Executive Summary
- Report Structure
- Animal And Pet Food Market Characteristics
- Animal And Pet Food Market Product Analysis
- Animal And Pet Food Market Supply Chain
- Animal And Pet Food Market Customer Information
- Animal And Pet Food Market Trends And Strategies
- Animal And Pet Food Market Size And Growth
- Animal And Pet Food Market Regional Analysis
- Animal And Pet Food Market Segmentation
- Animal And Pet Food Market Metrics
- Asia-Pacific Animal And Pet Food Market
- Western Europe Animal And Pet Food Market
- Eastern Europe Animal And Pet Food Market
- North America Animal And Pet Food Market
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Grain-free dog foods, premiumization of pet foods and rise of pet food ecommerce are the major trends witnessed in the global animal and pet food market.
With increase in demand for pet food due to increasing pet population, rapid urbanization, rising disposable income in emerging countries such as China and India, rising humanization of pets, increasing availability of premium pet food brands and growing online sales of pet food. Pet humanization is a trend, wherein pet owners care and spend for pets like they do for a family member, this phenomenon drove the market for expensive pet food products, the scope and potential for the global Animal And Pet Food market is expected to significantly rise in the forecast period.
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