Pet Milk Replacers Market Projected to Witness a Measurable Downturn; COVID-19 Outbreak Remains a Threat to Growth in the Near Future

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Pet Milk Replacers Market on a Steady Growth
Trail FMI Provides Projections in Light of
COVID-19 Pandemic in its New Revised Report

• Sep 2020

Report Id REP-GB-12300 Published On
05-Aug-2020 Category Food and Beverages
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Pet Milk Replacers Market Analysis
The global pet milk replacers market will hold
major sway throughout the 2020-2030 forecast
period, according to Future Market
Insights. Growing ownership of pets across
continents has augmented expenditure on their
food and healthcare. Pet milk replacers play a
pivotal role in supplementing pups and kittens
with essential micronutrients in their very
initial stages of life. Furthermore, rising
prices of conventional milk is compelling owners
to switch to milk replacers. Recent fads such as
vegetarianism, keto-diet and gluten-free food
consumption is prompting vendors to develop pet
milk replacer products imbued with the
aforementioned formulae. As newborn off-springs
have very rudimentary digestive systems,
consuming such enhanced milk replacers proves
beneficial to them. Based on these trends, the
market is registering a positive growth
curve. "Influx of multiple pet milk replacer
market players due to heightening pet ownership
is compelling vendors to streamline their RD
capabilities to launch innovative new products,
helping them remain afloat," says the FMI analyst.
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Pet Milk Replacers Market Analysis

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• Key Takeaways from FMI's Pet Milk Replacers
  Market Study
• Dog-based milk replacers will gain major traction
  due to increasing ownership of puppies
• Powder-grade pet milk replacers shall remain the
  most preferred option, attributed to easy
  digestibility
• Non-medicated products will remain the vanguard
  of the global pet milk replacers market from
  2020-2030
• Asian markets shall generate lucrative growth
  opportunities for pet milk replacers players
• Pet Milk Replacers Market- Key Trends
• Growing adoption of orphaned pups and kittens has
  accelerated spending on pet milk replacers
• Expenditure on medicated products is rising as
  most younglings suffers from deficiencies or
  illnesses

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Pet Milk Replacers Market Analysis

• Demand shall remain afloat despite the COVID-19
  pandemic, attributed to an overall increase in
  healthcare expenditure
• Expensive production costs shall dent growth
  prospects by reducing profit margins
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  p-gb-12300
• Pet Milk Replacers Market- Region-wise Analysis
• North America will claim suzerainty over the
  global pet milk replacers market, with 7 out of
  10 households owing pets
• UK, Germany  Russia to pivot European pet milk
  replacers market growth, with nearly 40
  households owing pets
• Rising disposable incomes combined with rising
  pet-humanization trends is generating green
  spaces for manufacturers in East  South Asia
• Pet Milk Replacers Market- Competitive Insights

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Pet Milk Replacers Market Analysis
The global pet milk replacers market is highly
competitive due to the presence of a wide array
of players. Their primary strategies consist of
mergers acquisitions and product portfolio
expansion. Some players include PetAg Inc.,
Nature's Farmacy, Naturally for Pets, CHS Inc.,
Beaphar Group and Land O'Lakes among
others. PetAg Inc., for instance, offers the
Esbilac Puppy Replacement Powder Fluid, the
PetLac Powder for Puppies and the Esibilac
Emergency Feeding Kit to assist in the proper
growth of puppies. It also offers similar
products for kittens, goat livestock and birds,
reptiles small animals. On the acquisition
front, Land O' Lakes has collaborated with the
Royal Agrifirm Group with the objective of
initiating a dairy animal feed unit in China to
assist dairy farmers across the East Asian giant.
This new venture has been christened
Agrilakes. Players such as Beaphar Group are
manufacturing products from skimmed milk such as
Lactol Puppy Milk to offer high protein
content. Request a Discount for
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Pet Milk Replacers Market Analysis

• Pet Milk Replacers Market Taxonomy
• Pet Category
• Dogs
• Cats
• Others
• Product
• Medicated
• Non-medicated
• Form
• Powder
• Liquid
• Region/Country
• North America
• U.S
• Canada
• Latin America
• Brazil
• Mexico
• Rest of Latin America

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Pet Milk Replacers Market Analysis

• Europe
• EU-5
• Russia
• BENELUX
• Nordic Countries
• Poland
• Rest of Europe
• East Asia
• China
• Japan
• South Korea
• South Asia
• India
• Thailand
• Indonesia
• Malaysia
• Singapore
• Rest of South Asia

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Pet Milk Replacers Market Analysis

• Oceania
• Australia
• New Zealand
• MEA
• GCC
• Turkey
• South Africa
• Rest of MEA
• For information on the Research Approach used in
  the Report, Request Methodology_at_ https//www.futur
  emarketinsights.com/askus/rep-gb-12300
• Know More about Pet Milk Replacers Market
• A new market research report published by Future
  Market Insights (FMI) on the global pet milk
  replacers market offers comprehensive insights
  into the market demand trends and analysis of
  opportunities over the forecast period,
  2020-2030. The report examines the pet milk
  replacers market through four different segments
  pet category, product, form, and region. The
  report also provides extensive assessment of
  pricing by different key market dynamics, life
  cycle analysis, and technologies.

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