US Pet Food Market Share, Size, Price Trends and Forecast 2018-2023 - PowerPoint PPT Presentation

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US Pet Food Market Share, Size, Price Trends and Forecast 2018-2023

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Get more information about the market: According to IMARC’s new report “US Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, there has been a strong growth in the number of pet owners in the United States. Request a sample report: Browse more reports on Food & Beverages Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: US Pet Food Market Share, Size, Price Trends and Forecast 2018-2023


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  US Pet Food Market Growth Fueled by Rising Pet
Humanization
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
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Report Description and Highlights
Report Description
   US Pet Food Market Growth Fuelled by Rising
Pet Humanisation The US pet food market has
been witnessing a positive growth. This can be
accredited to a rapid rise in pet-ownership and
humanisation, lifestyle trends along with the
availability of organic and natural product
varieties across the region. Pet food is made
with animal grade ingredients which are fit for
the consumption of animals. Some of these include
meat, insects, seeds, suet and plant derivatives
along with other major components such as
vitamins, additives and essential nutrients. Over
the years, pet food has gained immense popularity
in the United States and is now readily available
at supermarkets and pet stores. A new research
report by IMARC Group, titled US Pet Food
Market Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the market was worth nearly US 27 Billion
in 2017. The report further anticipates the
market to cross US 34 Billion by 2023, at a
projected CAGR of more than 4 over the forecast
period.
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Report Description and Highlights
Report Description
  • US Pet Food Market Drivers/Constraints
  • Over the years, there has been an increase in
    pet-ownership across the United Sates which is
    one of the primary factors driving the growth of
    the US pet food market.
  • In the United States, another trend that has been
    observed is that the pet owners have been upfront
    about the dietary needs of their pets. Thus, pet
    humanisation and premiumisation represent another
    factor which is contributing towards the
    augmented demand for pet food across the region.
  • In order to broaden their consumer-base,
    manufacturers have been focussing on unique
    marketing strategies as well as coming up with
    organic and natural pet food varieties. This has
    highly contributed towards the overall growth of
    the market.
  • However, increasing cases of obesity and diabetes
    among pets act as a major obstacle which is
    impeding the growth of the market.
  • Read full report _at_ https//www.imarcgroup.com/us-p
    et-food-market

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Report Description and Highlights
Report Description
  • Pet Type Insights
  • On the basis of pet type, the market has been
    segmented into dog food and cat food. Dog food
    exhibits a clear dominance owing to the
    increasing consumer preferences towards dogs for
    security and companionship along with the rising
    trend of nuclear families.
  • Product Type Insights
  • Based on product type, there are a number of pet
    food available in the market. Dry pet food is the
    largest segment as it is cost-effective as
    compared to its counter parts. It is followed by
    treats and mixers, and wet pet food.
  • Competitive Landscape
  • The market is highly fragmented with the presence
    of numerous manufacturers who compete in terms of
    prices and quality. Some of the leading players
    operating in the market are
  • Nestlé Purina PetCare
  • Mars Petcare Inc.
  • Big Heart Pet Brands
  • Hill's Pet Nutrition
  • Diamond Pet Foods
  • Blue Buffalo
  •  
  • Request Sample Of The Report https//www.imarcgro
    up.com/request?typereportid705flagB
  •  

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Report Description and Highlights
Report Description
Browse more related reports Dog Food Market
https//www.imarcgroup.com/dog-food-manufacturing
-plant  Pet Food Market https//www.imarcgroup
.com/pet-food-market

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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
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