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Cat Wet Food Market show significant growth To 2026 by Global Top Players - Nestle S.A, Mars, Incorporated, Royal Canin SAS, Hill’s Pet Nutrition Inc., Unicharm Corporation, Heristo AG, Yantai China Pet Foods Co.,

11-12-2018 11:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: coherenet market insights

Cat Wet Food

Cat Wet Food

Cats have higher requirement of proteins and lower of carbohydrates. Cat wet food is based on animal protein sources such as fishes and chicken. Flavor and extracts are derived from animal sources by processing methods such as roasting, extraction, or fermentation. Most of the dry cat food contains plant protein, which have low biological value and are not suitable for cats. High carbohydrate diet leads to diseases such as diabetes, feline asthma among cats, due to conversion of food into fat. Therefore, cat wet food is gaining major traction over cat dry food, in order to fulfill nutritional requirement for cats. Depending on protein and fat contents, cat wet food is separately manufactured for kittens and adult cats and marketed through different distribution channels such as specialty pet care stores, hypermarkets, and supermarkets.

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Market Dynamics

Increasing cat ownership by households is fueling demand for cat wet food products. According to the National Pet Survey conducted by the American Pet Products Association (APPA), 47.1 million household in the U.S. were owners to 94.2 million cats in 2017. Moreover, increasing consumer spending on pet food is creating a conducive environment for growth of global cat wet food market. According to United States Department of Labor Statistics, in the U.S., the annual average household expenditure on pet food was valued at US$ 190 in 2014 and increased to US$ 230 in 2015. This is also owing to increasing consumer awareness regarding the nutrition of their pets.

Market Outlook

North America held the dominant position in global cat wet food market in 2017. Owing to higher presence of cat wet food manufacturers in the region, it is projected to maintain its dominance throughout the forecast period. U.S.-based manufacturers such as Mars Pet Care Inc., Nestle Purina Pet Care, Hill’s Pet Nutrition Inc., and Big Heart Pet Brands have a broad range of cat wet food product portfolio and well-established distribution network throughout North America.

Market Taxonomy

On the basis of product type, global cat wet food market is segmented into:

Fish Flavor
Chicken Flavor
Others

On the basis of end-user, global cat wet food market is segmented into:

Kittens
Adult Cats

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Key players operating in the global cat wet food market include Nestle S.A, Mars, Incorporated, Royal Canin SAS, Hill’s Pet Nutrition Inc., Unicharm Corporation, Heristo AG, Yantai China Pet Foods Co., Ltd., and Central Proteina Prima Tbk, among others.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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