The Global Pet Food Market was Valued at $74.2 Billion in 2017, and is Estimated to Reach $99.66 Billion by 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “Global Pet Food Market -- by Product Type, Animal Type, Ingredient, Sales Channel, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.
The global pet food market was USD 74.2 billion in 2017 and is estimated to reach USD 99.66 billion by 2023 at a CAGR of 5.04% during the forecast period.
The global pet food market is driven by factors such as rising disposable income, rising trend of nuclear families, rapid humanization of pets, and increased awareness about pet health. In addition, increase pet ownership in developing nations and an increase in e-commerce sales offer opportunities for the pet food market players.
However, factors such as a rising number of allergy cases in human due to pets may hamper the growth. Also, growing concerns about pet obesity and pet food recall by companies hamper the growth of the global pet food market.
Industry Trends and Updates:Pet Supplies Plus launched Redford Naturals Dry Cat Food Line in February 2018, to offers pet parents everywhere the opportunity to feed their cats and kittens a healthy meal at a great value with food. I and love and you, a U.S. based premium dog and cat food brand received significant growth investment, from L Catterton, which is one of the largest consumer-focused private equity firms in the world.
Companies ProfiledAinsworth Pet Nutrition Blue Buffalo Colgate Palmolive (Hill’s Pet Nutrition) Debifu Pet Products Co. Ltd. Deuerer Diamond Pet Foods Heristo AG InVivo NSA J.M. Sucker (Big Heart) Mars Inc. Merrick Pet Care Nestle Purina Pet Care. Nutriara Alimentos Ltda Sunshine Mills Uni-Charm Corp. Wellpet LLC Yamahisa Pet Care and more...
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Pet Food Market Segmentation, Forecasts and Trends - by Product Type
6. Global Pet Food Market Segmentation, Forecasts and Trends - by Animal Type
7. Global Pet Food Market Segmentation, Forecasts and Trends - by Ingredient
8. Global Pet Food Market Segmentation, Forecasts and Trends - by Sales Chanel
9. Global Pet Food Market Segmentation, Forecasts and Trends - by Region
10. Company Market Share Analysis
11. Company Profiles
12. Industry Structure
13. Global Pet Food Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/h2q83c/the_global_pet?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181107005426/en/
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Related Topics:Pet Food
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE CONSUMER PETS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/07/2018 05:55 AM/DISC: 11/07/2018 05:55 AM