The Global Pet Foods Market was valued at USD XX million in 2016, and is expected to grow at a CAGR of XX% by 2025. Growing disposable income and trend of pet adoption are the driving factors for Pet Foods market. —
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Increasing number of nuclear families in emerging economies is augmenting the growth of pet foods market. Rising need for nutritious, healthy, and organic pet food on account of increasing awareness regarding animal health is expected to propel market demand.
Increasing food product recalls are likely to hinder the pet foods market over the forecast period. However, with changing lifestyle and growing concerns over animal health, consumers have been spending more on high-quality food. Pet owners are making sure that the products they buy are best suited for their requirements and contain all the necessary nutrition.
Europe was the largest market on account of presence of numerous manufacturers in the region, coupled with rising geriatric population adopting domestic animals for companionship.
Based on Product, the Dry pet foods segment showed higher rate, and is expected to grow significantly during the forecast period. Dry food products are mainly targeted for young animals owing to their high nutritional value. These products are available in a wide price range, including economy, standard, standard premium, and super premium. Key factors fueling demand for dry products include handling convenience, lower generation of waste, and longer storage.
Some of the key players operating in this market include –
• Unicharm Corporation
• Mars Incorporated
• Colgate-Palmolive Co.
• Nestle SA
• Total Alimentos SA
Global Pet Foods Industry is spread across 121 pages, profiling 05 and many more top companies and supported with tables and figures. Inquire more or share questions if any before the purchase on this report @ https://www.orianresearch.com/enquiry-before-buying/683894 .
Key Benefits of the Report:
• Global, Regional, Country, Product, and Application Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market-specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, Product & Application, and competitive landscape with qualitative and quantitative information and facts
• Pet Foods providers
• Traders, Importer and Exporter
• Raw material suppliers and distributors
• Research and consulting firms
• Government and research organizations
• Associations and industry bodies
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
• Original Equipment Manufacturer,
• Product Supplier,
• Government Body & Associations, and
• Research Institute
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Table Of Content
1 Executive Summary
2 Methodology and Market Scope
3 Pet Foods Market — Industry Outlook
4 Pet Foods Market Product Outlook
5 Pet Foods Market Application Outlook
6 Pet Foods Market Regional Outlook
7 Competitive Landscape
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