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Pet Food Market expected to Remain Robust and Witness Positive Growth in the Medium to Long Term



According to Goldstein Research, growing pet population across the globe and greater health consciousness among their owners has given rise to new health-driven selections for pets, such as organic and natural pet food, which is the major factor for the pet food market growth. Global pet food market segmentation includes food types such as dry food, wet food / canned food, veterinary food, treat/snacks, organic food and nutrition food. Pet food manufacturers are snatching opportunities to grow sales through enlarged segmentation, such as by targeting life stages and specific breeds. According to our analysts market is projected to register a CAGR of 5.6% during the forecast period i.e. 2016-2024. Global pet food market is majorly growing in western countries such as U.S and Western Europe owing to consumers’ inclination towards humanize pets and treat them as surrogate children.
Market Segmentation
On the basis of our in-depth analysis, Global Pet Food Market can be segmented as follows:
• By Food Type
o Dry food
o Wet food / Canned food
o Veterinary food
o Treat/Snacks
o Organic food
o Nutrition food
• By Distribution Channel
o Online stores
o Retail stores
o Pet shops
o Hypermarkets/Supermarkets
• By End users
o Dogs
o Cats
o Others (Fish, Birds, Livestock, etc)
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Product Sales (Units)} § Rest of the World{Market Share (%), Market Size (USD Million), Product Sales (Units)}
“Global Pet Food Market Outlook 2024” contains detailed overview of the global pet food market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by food type, by distribution channel and by end-users.
Further, for the in-depth analysis, Global Pet Food Market in BFSI Sector Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Heristo AG, Deuerer, WellPet, Ainsworth, Diamond Pet Foods, The Nutro Company, Tuffy’s Pet foods etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global pet food market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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About Goldstein Research
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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on consumer retail industry reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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News Release: Pet Food Market expected to Remain Robust and Witness Positive Growth in the Medium to Long Term
Submitted on: February 15, 2018 09:59:45 AM
Submitted by: Steve blade
On behalf of: www.goldsteinresearch.com/report/global-pet-food-industry-market-analysis
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