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Dog Food and Snack market Opportunities, Trends, Future Scope & Forecast 2020-2026 | Top Players- Big Heart Pet Brands, Hill's Pet Nutrition, Diamond Pet Foods, Blue Buffalo Co

Dog Food and Snack market

Dog Food and Snack market

Increasing spending power along with growing urbanization have led the increase of nuclear families to move in flats, apartments, societies, etc. seeking better quality of life. Canines are being adopted by these nuclear families for many reasons such as safety, companionship, and as service dogs for elderly people. Surge in canine ownership for various purposes along with rising health concern may encourage the product usage, swelling the dog food & snack market by 2025. The global Dog Food and Snack market was valued at USD 55.5 Billion in 2018 and is projected to touch USD 75 Billion by 2025, developing at a CAGR of 4% from 2019 to 2025.
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Top Players
o Mars
o Nestl
o Colgate-Palmolive
o Big Heart Pet Brands
o Hill's Pet Nutrition
o Diamond Pet Foods
o Blue Buffalo Co
o Spectrum Brands, Inc
o Unicharm
o Thai Union Group PCL.
o CJ CheilJedang
Likewise, rising adoption of canines to overcome autism or ADHD in teens, warding off depression and reduced risk for heart disease would also contribute towards the industry growth. Additionally, service dogs require a balanced form of nutritious diet so as to manage their day-to-day activities. The above-mentioned trends will drive the dog food and snacks market by 2025.
Asia Pacific dog food & snack market generated a revenue of over USD 10 billion in 2018 and will be the fastest rising regional market for the product in future. This is mainly due to people in Asia-pacific region adopting canines for social comfort, security and as a companion. This in turn will boost the regional dog food and snack market in the near future.
Increasing concern of severe diseases that human can contract from canines such as rabies, dander, etc. limit the industry growth. Obesity in canines is another major issue among pet owners. Increasing consumption of nutritious diet and lack of exercises can lead to health issues for the canines. This may hinder the product market size in the projected timespan as pet owners will opt for homemade meals instead of the ones that are commercially available.
On the basis of type, the market can be classified into dog food and treat & mixtures. Dog food captures more than half of the overall market. It has high moisture content that includes large portion per meal without adding extra calories to diet. The segment is further categorized into dry and wet. Wet food is mainly preferred when the canine is ill or is lacking in appetite. It is a good option for canines with poorly aligned jaws, missing teeth or smaller mouths.
Dog food and snack market, by type
o Dog food
o Dry food
o Wet food
o Treats & mixtures
Dog food and snack market by distribution channel
o Specialized pet food shops
o Supermarkets/ hypermarkets
o Online sellers
o Others
Continue...
Browse More Insights Of This Premium Research Report Enabled with Respective Tables and Figures @ https://www.gminsights.com/toc/detail/dog-food-and-snacks-market

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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