The global pet food market is projected to grow from USD 115.5 Bn in 2022 to USD 163.7 Bn by 2029, exhibiting a CAGR of 5.11%. People worked from home during the lockdown, to which they took advantage of the chance to obtain a family pet. Various studies have found that people who keep pets experience less issues, such as loneliness and depression, as a result of the company they provide. Breeders and rescue facilities reported an increase in requests from persons looking for dogs in the first few months of 2020. The total sales of cat and dog treats increased by 6.5 percent in the 12 weeks between February and May 2020, according to a research published by Mars Petcare, a renowned pet food producer. This reflects the expansion of the pet food sector, which is projected to continue following the epidemic.
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A strong research methodology employed in the winning Pet Food Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.
The report provides a comprehensive analysis of company profiles listed below:
Mars Incorporated
Nestle S.A.
Diamond Pet Foods
Heristo AG
Merrick Pet Care, Inc.
WellPet LLC
The Hartz Mountain Corporation
Hill’s Pet Nutrition, Inc
Blue Buffalo Pet Products, Inc.
Type Analysis of World Wide Market:
Dry
Wet
Semi-moist
Segmentation of global Pet Food Market by Application:
Supermarkets/Hypermarkets
Specialty Pet Food Stores
Online
Others
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
This Pet Food market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
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This research report gives detailed data about the major factors influencing the growth of the Pet Food market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.
