Title: Global Dog Food Market Share, Size, Segmentation, Growth, Trends and Forecast 2018-2023
1 Global Dog Food Market Boosted by Rising
Pet-Adoption Rates
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3Report Description and Highlights
Report Description
Global Dog Food Market Boosted by Rising
Pet-Adoption Rates The global dog food market
is growing at a steady rate. The introduction of
new product varieties, owing to the fluctuating
consumer preferences and technological
innovations, is the key factor which has
contributed to the market expansion. Dog food
is manufactured for the consumption of dogs in
order to provide them a nutritional diet. It is
generally produced with highly nutritional
ingredients such as oatmeal, potatoes, pea
protein, sugar-based sweeteners, bone meal,
chicken as well as liver chunks. As a result, dog
food offers various health benefits like it
enables digestion, improves immunity, and
strengthens bones, muscles and teeth. A new
research report by IMARC Group, titled Dog Food
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023,
estimates that the market was worth US
49.1 Billion in 2017. The report further
anticipates the market to cross US 61.1 Billion
by 2023, at a projected CAGR of 3.7 over the
forecast period.
4Report Description and Highlights
Report Description
- Market Drivers/Constraints
- Surging geriatric population, elevating incomes
and improving standards of living in developing
nations are some of the factors that have led to
an increase in the pet-adoption rates,
particularly dogs. This has encouraged the growth
of the global dog food market. - Over the years, one of the major trends that has
been witnessed globally is rising pet
humanisation and premiumisation. Nowadays, dog
owners consider their pets as a part of their
family and are willing to spend on high-quality
and premium products for them. - Keeping in the mind the changing preferences of
dog owners, manufacturers are coming up with
innovative and healthier product varieties in the
market, complying with the high manufacturing
standards. - However, there are several factors that hamper
the market growth. Obesity and allergies of the
pet is categorised as a huge concern amongst
dog-owners as well as various institutions. -
- Read full report _at_ https//www.imarcgroup.com/dog-
food-manufacturing-plant
5Report Description and Highlights
Report Description
- Product Type Insights
- On the basis of type, there are different
variants of dog food available in the market.
Currently, dry dog food, accounts for the
majority of the market share. It is followed by
dog treats and wet dog food. - Regional Insights
- On a geographical front, North America represents
the leading market for dog food, holding the
majority of the market share. It is followed by
Asia-Pacific, Western Europe, Eastern Europe,
Latin America, and Middle East and Africa. - Competitive Landscape
- The market is highly concentrated in nature with
the presence of top three manufacturers. There is
an intense competition in the market which makes
it difficult for new manufacturers to enter. The
leading players operating in the market are - Nestlé
- Mars
- Colgate-Palmolive.
- Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
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6Report Description and Highlights
Report Description
Browse more related reports Pet Food Market
https//www.imarcgroup.com/pet-food-market
US Pet Food Market https//www.imarcgroup.co
m/us-pet-food-market
7Report Description and Highlights
Report Description
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