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Pet Products to Proliferate in Argentina: Ken Research

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Title: Pet Products to Proliferate in Argentina: Ken Research


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Pet Products to Proliferate in Argentina Ken
Research
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Pet owners are increasingly becoming aware about
the pet health and their overall wellness. As
compared to human and organic food, pet food is
taxed more by the government of Argentina. Some
consumers are dependent on their leftovers
because of hike in prices of pet food. But still,
e-commerce emboldens buyers to purchase pet
products more flexibly and comfortably.
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Consumers have become well aware about the
variety and different ranges available in pet
products. Also, there has been an increase in
demand for premium products for their pets as
people are becoming conscious about their pets
health, especially in the sector of pet food
products. According to the report, Pet Products
in Argentina, in 2016, pet products market has
suffered through a decline. But till 2017, a
positive improvement is anticipated in the growth
volume of pet products. Within the first month of
2017, a sufficient amount of growth has also been
observed after extremely complicated situation
during 2016. The evolution of the Argentinean
economy in general terms as well as humanization
of pets has led to a satiated recovery in sales
of pet products in the country.
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Therefore, overall there has been an improvement
in the market of pet products. There is a stable
competitive landscape of pet products and in
future it is expected that there will be a rise
in the number of players due to development in
product diversification. In 2017, a favorable
expansion has been observed via entry of new
brands and also Mars Inc., Nestle, PG Petcare
and Grupo Pilar have prolonged to be the major
players of pet food market in Argentina. These
leading players are continuously involved in
ameliorating the quality of food products for
pets. Also due to increasing modern lifestyles,
people in Argentina have started purchasing these
products for their own convenience as well as
satisfaction. About 3 million cats and 9 million
dogs are present in the households of Argentina.
Proper recovery of economic situation will take
place in a short period, which will further
persuade the growth of pet products
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in Argentina. Additionally, government of
Argentina is aiming to educate more people about
pet nutrition with main focus on the fact that
there is a connection between a person and their
pet, which should be handled with utmost care and
love. In 2017, the pet humanization trend has
increased and will continue to amplify in future.
In the coming years, greater varieties of
companies and brands are expected to be seen in
the market. Also, there will be a growth in
humanize pets which will eventually lead to a
rise in the demand for pet products in the
country. Due to stability in pet care in
Argentina, growth of pet products has been well
estimated to record substantial increase yearly.
Further, with increasing urbanization and growing
income levels of consumers, due to rapid
affirmative economic and social changes in
Argentina the market will undoubtedly expand its
production as well as blossom beautifully with
the passage of time.
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  • Key Factors Considered in the Report
  • Argentina Pet Food Industry Trends
  • Argentina Pet Care Market Demand
  • Argentina Pet Dietary Supplements Market Revenue
  • Argentina Pet Healthcare Products Industry
    Analysis
  • Global Pet Products Market Research Report
  • Argentina Pet Products Import Value
  • Argentina Pet Products Export Value
  • Argentina Pet Services Market Trends
  • Argentina Pet Products Market Research Report
  • Asia-Pacific Pet Food Industry Future Outlook
  • To know more about the research report
  • https//www.kenresearch.com/agriculture-and-animal
    -care/animal-care/pet-products-argentina/121055-10
    4.html

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Related reports https//www.kenresearch.com/agric
ulture-and-animal-care/animal-care/dog-food-chile/
122331-104.html https//www.kenresearch.com/agric
ulture-and-animal-care/animal-care/champion-sa-pet
-care-chile/122283-104.html Contact Ken
Research Ankur Gupta, Head Marketing
Communications query_at_kenresearch.com 91-124-42302
04
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