Global Pet Food Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Stratistics MRC's Global Pet Food Market value is expected to reach $67.97 billion growing at a CAGR of 4.6% during 2022-2028.

Pet food is animal feed intended for consumption by pets. They have been created especially for dogs and other canines of a similar species. Pet food aids in preventing infections and skin allergies while also enhancing the general wellbeing and lifespan of animals. They are designed in such a way that pet's digestive system can simply access the necessary nutrients, which makes it simple for the body to absorb them. Pet food provides nutritionally balanced ingredients that support a healthy immune system, maintain a glossy coat, and promote a more active lifestyle in pets.
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South America is projected to have the highest CAGR over the forecast period. Brazil is the second-largest market in the world for pet food products and has most varied pet population. Brazil holds a dominant position in the South American market due to high rates of pet ownership, an increasing emphasis on pet health, and rising expenditures on natural, premium pet foods. Birds and fish are preferred as pets by small families, childless couples, and individuals living in flats, which is fuelling the market's expansion.
Some of the key players profiled in the Pet Food Market include Nestle Purina Petcare Company, The J.M. Smucker Company, Colgate-Palmolive Company, Schell & Kampeter, Inc, Mars Inc, Evanger's Dog & Cat Food Company, Inc, Champion Petfoods, Nutro Products Inc, Betagro Public Company Limited, WellPet Inc, 4Legs Pet Food Company, Heristo AG, Lafeber Co., Fromm Family Foods LLC., Dave's Pet Food, Boulder Dog Food Company L.L.C., Farmina Pet Foods and Blue Buffalo Ltd.
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