Pet Food Market Growth Factors, Application Trends, Size, Restraints, SWOT Analysis And Business Opportunity

The global pet food market reached a value of nearly $74,554.1 million in 2019, having increased at a compound annual growth rate (CAGR) of 2.7% since 2015. The market is expected to register a slow growth from $74,554.1 million in 2019 to $ 75,494.8 million in 2020 at a growth rate of 1.26%. The slow growth is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5.6% from 2021 ad reach $ 88,478.1 million in 2023.

The Business Research Company offers "Pet Food Market Opportunities And Strategies – Global Forecast To 2023" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

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The pet food market consist sales of goods and services by entities (organizations, sole traders and partnerships) associated with manufacturing cat and dog food and other animal food from ingredients such as grains, oilseed mill products and meat products. The industry includes the establishments that produce dog food, cat food, and other animal food. Other animal includes birds, mammals and aquatic animals.

Some of the key players involved in the pet food market are Mars, Incorporated, Nestle S.A., The J.M. Smucker Company, Colgate-Palmolive Company, Diamond Pet Foods Inc.

The countries covered in the global pet food market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global pet food market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Pet Food Market Segmentation:
1) By Types: Dog, Cat And Other Pet Food
2) By Ingredient: Animal Derivatives, Plant Derivatives And Synthetic
3) By Distribution Channels: Internet Sales, Hypermarkets, Specialized Pet Shops And Others

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A Few Points From The Table Of Content
1. Pet Food Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
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28. Key Mergers And Acquisitions In The Pet Food Market
29. Market Background: Animal And Pet Food Market
30. Global Pet Food Market Opportunities And Strategies
31. Pet Food Market, Conclusions And Recommendations
32. Appendix

The report covers the trends and market dynamics of the pet food market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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