Pet Food Market Growth Is Skyrocketing Beyond Predictions - PowerPoint PPT Presentation

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Pet Food Market Growth Is Skyrocketing Beyond Predictions

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Title: Pet Food Market Growth Is Skyrocketing Beyond Predictions


1
Pet Food Market
Opportunities and Forecasts, 2014 - 2022
2
The global pet food market is emerging at
considerable pace owing to the growth in pet
ownerships, rise in pet humanization, and surge
in need for premiumization, and increased focus
on therapeutic and organic pet food
products. Increased awareness for ethical
treatment of animals and growth in humanization
have improved the health and fitness of
domesticated animals. Premium organic pet food
products, which have the following
characteristics including grain-free,
low-caloric, high-fiber, and protein-rich content
are in high demand among pet owners, owing to
their nutritional benefits. Pet owners have
shifted their focus from dry and canned foods to
organic and therapeutic foods thereby, ensuring
increased product offerings and high profit
margins. Increase in pet population has
contributed to the burgeoning demand for pet
foods. In 2013, the U.S. owned around 88.3
million cats and more than 74 million dogs.
Increase in pet ownership is expected to witness
stronger year-on-year growth thereby
contributing significantly to the growth of the
pet food industry. 
 Pet Food Market
3
A recent report published by Allied Market
Research, titled, Pet Food Market Global
Opportunity Analysis and Industry Forecasts, 2014
- 2022, projects that the global pet food market
size is projected to reach 92,747 million,
registering a CAGR of 4.1 during 2016 - 2022.
Moreover, North America is expected to dominate
the global pet food market throughout the
analysis period, registering a notable CAGR of
3.8. The Asia-Pacific region is one of the most
important and high potential markets for the pet
food industry. The Asia-Pacific region is endowed
with mature markets, such as Australia and Japan
and has emerging markets such as China, India,
Thailand, and others. In addition, Japan is one
the major pet food markets in Asia Pacific and is
expected to remain dominant during the forecast
period, reaching a market share of around 46.6
by the end of 2022. Read more at
https//www.alliedmarketresearch.com/pet-food-mark
et
 Pet Food Market Overview-
4
 
 Pet Food Market
5
  • The report includes an in-depth analysis of the
    global pet food market along with the current
    trends, drivers, restraints, and growth
    opportunities.
  • Porters Five Forces model illustrates the
    potency of buyers and sellers to formulate
    effective strategies.
  • Value chain analysis provides a clear
    understanding of the key intermediaries involved
    and their respective roles at every stage of the
    value chain.
  • Key market players have been profiled to gain an
    understanding of the strategies adopted by them.
  • The current trends have been quantitatively
    analyzed and estimated for the period of
    2016-2022 to highlight the financial competency
    of the market.

 Pet Food Market Key Benefits-
6
LAMEA is projected to be the second fastest
growing region, in terms of revenue, registering
a CAGR of 4.6 during the forecast period.
Internet sales witnessed significant growth in
2014, and is anticipated to grow at the highest
CAGR of 7.3. The dry food segment was the
highest revenue contributor to the global market,
with 65.3 share in 2014, and is expected to
maintain its dominance throughout the forecast
period.  
 Pet Food Market Key Finding-
7
  • Mars Petcare US Inc.,
  • The Procter Gamble Company
  • Big Heart Pet Brands
  • Nestl Purina PetCare
  • Diamond Pet Foods
  • Hills Pet Nutrition
  • Tiernahrung Deuerer GmbH
  • WellPet LLC
  • Blue Buffalo Co., Ltd.,
  • Heristo Aktiengesellschaft.
  • Download free Sample Report
  • https//www.alliedmarketresearch.com/request-sampl
    e/530

 Pet Food Market Key Players-
8
 
 
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/pet-food-mark
et
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