Global Pet Food Market 2016-2021 : Growth Trends, Opportunities and Challenges

According to the report "Pet Food Market by Ingredient, by Animal Type, and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", published by Market Data Forecast, the global market is projected to reach USD 95.45 Billion by 2021, at a CAGR of 4.8% from 2016 to 2021.

For full report refer to http://www.marketdataforecast.com/market-reports/global-pet-food-market-423/

Pet food is made out of plant or animal material for the proper feeding of pet animals. The vitamins and minerals found in every bag of pet food work together to keep the animal’s immune system and metabolism functioning normally. There is a significant opportunity for the pet food companies to come up with a wide range of food products for pets, in the countries where the pet adoption rates are increasing.

Free sample for the report is available at http://www.marketdataforecast.com/market-reports/global-pet-food-market-423/request-sample

Increasing pet adoption and increasing consumption of ready-made food is leading to the demand of pet food. Further, the increasing awareness about the nutritious pet food is also increasing the demand for pet food.

Global market for Pet Food is segmented based on Ingredient type and Animal type into further sub-segments as follows:

1)By Ingredient type
• Animal Derivatives
• Fish derivatives
• Fruits & Vegetables
• Cereals & Cereal by-products
• Fats & Oils
• Vitamins & Minerals
• Additives

2)By Animal type
• Dog
• Cat
• Bird
• Other animals

3) Geographically, the market for Pet Food is segmented as below:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East and Africa

Mars, Inc., Del Monte Foods, Hills Pet Nutrition, INC, Unicharm Corporation, Nippon Formula Feed Manufacturing Company LTD, Pet Center, Incorporated (PCI), Nestle Purina Pet Care, Nisshin Saifun Group INC. Natural Dog Food Company, Halo, Purely for Pets, Marukan CO. LTD., Nutrena, and Spectrum Brands, INC. are the major companies in the market.

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This release was published on openPR.