Pet Food Market Size Is to Hit USD 163.7 Bn by 2030: Market Growth, Share, Demand, Solutions & Regional Analysis Forecast Report

Report Scope:
Pet food is a type of food that is specifically formulated and intended for consumption by domestic animals, such as dogs and cats. It is designed to provide essential nutrients, vitamins, and minerals that are necessary for the animal's overall health and well-being.

Pet food is typically available in a variety of forms, including dry kibble, wet canned food, and semi-moist pouches. The composition of pet food varies depending on the type and brand, but generally includes protein sources (such as meat or fish), carbohydrates (such as grains or vegetables), fats, vitamins, and minerals.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.extrapolate.com/sample/Food-Beverage/pet-food-market/25805?utm_source=Akshay&utm_id=8022

The Global Pet Food Market is projected to grow from USD 115.5 Bn in 2022 to USD 163.7 Bn by 2030, exhibiting a CAGR of 5.11%. People worked from home during the lockdown and they took advantage of the chance to obtain a family pet.

It is important for pet owners to choose a high-quality pet food that is appropriate for their pet's specific needs and life stage (such as puppy or senior). They should also consider their pet's activity level, health status, and any dietary restrictions or allergies.

The pet food industry is highly competitive, with many different brands and types of pet food available to consumers. Here are some key players in the pet food industry and their market.

𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬-
• Mars Incorporated
• Nestle S.A.
• The J.M. Smucker Company
• Colgate-Palmolive Company
• General Mills, Inc.
• Diamond Pet Foods
• Heristo AG
• Tiernahrung Deuerer GmbH
• Merrick Pet Care, Inc.
• WellPet LLC
• The Hartz Mountain Corporation
• Hill's Pet Nutrition, Inc
• Lupus Alimentos
• Total Alimentos SA
• Blue Buffalo Pet Products, Inc.

In addition to commercial pet food, some pet owners choose to feed their pets homemade or raw diets. However, it is important to consult with a veterinarian or animal nutritionist before making any significant changes to a pet's diet.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.extrapolate.com/enquire/Food-Beverage/pet-food-market/25805?utm_source=Akshay&utm_id=8022

SEGMENTATION:
The global pet food market is segmented by Animal Type, By Form, By Source, By Distribution Channel and Region. Based on the animal type, the market is categorized into dog, cat & semi-moist. Based on form, the market is categorized into dry, wet & semi-moist. Based on source, the market is categorized into animal-based, plant-based.
By Animal Type-
• Dog
• Cat
• Others

By Form-
• Dry
• Wet
• Semi-moist

By Source-
• Animal-based
• Plant-based
• By Distribution Channel
• Supermarkets/Hypermarkets
• Specialty Pet Food Stores
• Online
• Others

By Region-
• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy
• Asia-Pacific- China, Japan, India
• Latin America- Brazil, Argentina, Colombia
• The Middle East and Africa- United Arab Emirates, Saudi Arabia

KEY INDUSTRY DEVELOPMENTS:
March 2021- Mars Incorporated invested USD 200 million to expand its Royal Canin plant in Lebanon. The company will add five new corporation lines to double the production capacity.

December 2020- Nestle S.A. has announced to invest USD 550 million to expand its pet food manufacturing facility in Georgia.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.extrapolate.com/Food-Beverage/pet-food-market/25805?utm_source=Akshay&utm_id=8022

REGIONAL INSIGHTS
North America region is expected to dominate the pet food market owing to the presence of key players and increased adoption of pets in American households. According to a survey performed by the American Pet Products Association (APPA), around 85 million U.S. homes own a pet, accounting for roughly 67 percent of all households in the country.

The positive attitude of North American customers toward pet humanization and its widespread acceptance is fueling the expansion of the market for nutritious pet food. North American governments have enacted favorable trade policies and implemented a price support mechanism, all of which contribute to the market's expansion. The rise in the number of dogs and cats in the pet population is driving up demand for pet food ingredients.

However, the Europe region is expected to witness the highest growth rate during the forecast period of the pet food market due to the increased spending on sustainable and safe pet food as a result of the pet humanization trend. Furthermore, pet owners in Europe desire greater openness in the components of pet food products. The United Kingdom is Europe's largest market, followed by Germany and France.

TABLE OF CONTENTS
Chapter 1: Pet Food Market Overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production Capacity by Region
Chapter 4: Pet Food Consumption by Region
Chapter 5: Segment by Type
Chapter 6: Segment by Application
Chapter 7: Key Companies Profiled
Chapter 8: Pet Food Manufacturing Cost Analysis
Chapter 9: Marketing Channel, Distributors and Customers
Chapter 10: Market Dyanamics
Chapter 11: Production and Supply Forecast
Chapter 12: Consumption and Demand Forecast
Chapter 13: Forecast by Type and by Application (2022-2030)
Chapter 14: Research Finding and Conclusion
Chapter 15: Methodology and Data Source

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