Global Pet Food Market Share, Size, Growth, Trends, Research Report and Forecast 2018-2023

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 Global Pet Food Market Impelled by Changing
Consumer Perception Towards Pet Health

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Report Description and Highlights
Report Description
 Global Pet Food Market Impelled by Changing
Consumer Perception Towards Pet Health The
global pet food market has witnessed an
exponential growth over the past several years.
This can be accredited to the growing trend of
pet ownership particularly in the developing
countries along with rising pet
humanization. Pet food refers to food for
domesticated animals formulated according to
their nutritional needs. It consists of animal
and vegetable fats, and plant ingredients,
including peas, corn, cereals, grain, barley,
etc. In addition to this, a number of dietary
fibres are also used in pet food, such as dried
chicory root, powdered cellulose, inulin and
dried beet pulp. A new research report
titled Pet Food Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023, by IMARC Group estimates that the
market was around US 94 Billion in 2017. The
report further anticipates the market to cross
US 122 Billion by 2023, at a projected CAGR of
4.5 over the forecast period.
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Report Description and Highlights
Report Description

• Global Pet Food Market Drivers/Constraints
• The major factor influencing the growth of
  the global pet food market is the increasing
  awareness among the consumers regarding the
  requirement of the proper nutrients for their
  pets health.
• The rising demand for pet food consisting of
  organic ingredients and less fillers are creating
  a market for organic pet food which is free from
  pesticides, artificial flavours or genetically
  modified organisms. This is leading to major
  changes in product manufacturing and resourcing
  of ethically-viable products.
• The continual rise in the number of pet owners
  along with the growing pet humanisation trend,
  where pets are taken care of as a family member,
  are the major factors contributing to the demand
  for pet food.
• However, allergies caused by specific food
  products is hampering the market growth.
  Moreover, the shift towards feeding rendered meat
  to the pets is also a major deterrent for the pet
  food market.
• Read full report _at_ https//www.imarcgroup.com/pe
  t-food-market

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Report Description and Highlights
Report Description
Product Type Insights On the basis of type, the
market has been segmented as dry pet food, wet
and canned pet food, and snacks and treats.
Currently, dry pet food is the most popular
product type amongst the pet owners due to its
convenience and low cost.   Pet Type
Insights Based on pet type, the market has been
segregated into dog food, cat food and others.
Currently, dog food represents the most popular
pet type as dogs are more preferable as compared
to the other animals. Regional
Insights Region-wise, the market has been
segmented as North America, Europe, Asia Pacific,
Latin America and others. Amongst these, North
America accounts for the largest market share due
to the increasing rate of pet adoption and
concern over the pets health. Request Sample
Of The Report https//www.imarcgroup.com/request?
typereportid667flagB  
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Report Description and Highlights
Report Description

• Competitive Landscape
• The market is highly concentrated with the
  presence of small number of manufacturers who
  compete in terms of prices and quality. Some of
  the leading players operating in the market are
• Mars Petcare Inc.
• Nestlé Purina PetCare
• Hill's Pet Nutrition
• Big Heart Pet Brands
•  
• Browse more related reports
•  US Pet Food Market https//www.imarcgroup.com/us
  -pet-food-market
• Dog Food Market https//www.imarcgroup.com/dog-fo
  od-manufacturing-plant

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Report Description and Highlights
Report Description

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