Pet Food Market Emerging Trends and Global Demand 2018 to 2021

HARRISBURG, Pa., August 30, 2018 /PRNewswire-iReach/ -- "Global Pet Food Market Size, Trends & Forecasts (2018-2021)" provides an in-depth analysis of the global pet food market with detailed analysis of market size on the basis of value along with the comprehensive examination of each of the major segments of the market, namely, dog food and cat food.

The report provides detailed regional analysis of the US, UK, Germany, France and Canada. The regional analysis of the markets includes market size by value along with the analysis of the dog food and cat food market, in terms of the value.

The competition in the global pet food market is stiff and dominated by the big players like Nestle Purina PetCare Company. Further, key players of the market Colgate-Palmolive (Hill's Pet Nutrition), Mars Incorporated, and Blue Buffalo Pet Products Inc. are also profiled with their financial information and respective business strategies.

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Essential points covered in Global Pet Food Market 2018 Research are:-

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the Global Pet Food market?
• What are the key market trends impacting the growth of the Global Pet Food market?
• What are the challenges to market growth?
• Who are the key vendors in the Global Pet Food market?
• What are the market opportunities and threats faced by the vendors in the Global Pet Food market?
• What are the key outcomes of the five forces analysis of the Global Pet Food market?

This independent 73 pages report guarantees you will remain better informed than your competition. With tables and figures examining the Pet Food market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2021.

Executive Summary

The global pet food market witnessed an upsurge at a significant CAGR during the span of 5 years, i.e., 2012-2016 and projections are made that the market would rise in the next five years i.e. 2017-2021 tremendously. The market is spread across North America, Europe and Asia. Among these regions, the North America held the largest share, followed by the Europe and Asia-Pacific region.

The pet food market can be segmented on the basis of pet type, product type, ingredients and price. On the basis of pet type, market can be segmented into dog food, cat food and other pet food, while on the basis of product type, the market can be classified into wet food, dry food and treats & mixers. The market can be distinguished into natural and non-natural food, on the basis of ingredients. However, on the basis of price, the food market can be segmented into economy pet food, mid-priced pet food and premium pet food. Among all the classifications, segmentation on the basis of pet type is most popular, with dog food dominating the market.

The major growth drivers for the global pet food market are: an increase in the pet population, pet humanization, health conscious consumers, upsurge in urbanization and personal disposable income. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as pet obesity, grinding challenge, supply chain challenge and nutritional sustainability. Some of the recent trends in the market include the rise in social awareness among consumers, sustainable packaging, cooked pet food and exotic ingredients.

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The report provides a basic overview of the Pet Food industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on Global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What's more, the Pet Food industry development trends and marketing channels are analyzed.

The research includes historic data from 2013 to 2017 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Pet Food on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Pet Food Market and assist manufacturers and investment organization to better grasp the development course of Pet Food Market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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