The global dog and cat food market are anticipated to grow at a significant CAGR during the forecast period (2022-2028). The global pet food market is expected to grow in the forecast period due to increased pet growth and growing awareness of premium nutrition and full pet food. Over time, premium styles and customization are expected to remain key elements of market growth during forecasting. Due to the growing trend in pet production around the world, there is a growing interest among pet owners in their health and healthy eating, which is expected to boost sales of living, high-quality, customized products during the forecast period. Rising individual consumer incentives encourage them to invest in healthy and productive pet food products to support their health. In addition, the easy availability of products with different price ranges is acting as a growth-promoting factor for the global market.
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All over the world, the human-animal industry has received a lot of attention in the mainstream media in the past. The transition from pet ownership to parenting has become an important and defining process in the pet food market, especially in developed countries. A study by the American Pet Products Association, under the National Pet Owners Survey, found that more than 85 million families in the US have one or more pets, most dogs. The increase in pet man-made production is expected to further the pet food industry.The growing level of pet owners around the world, especially in the developing regions, is expected to be one of the best in the market. Urban sprawl and pet manipulation encourage pet owners to opt for nutritious and quality food for their pets, which also boosts the market growth.
In addition, as part of this petting tradition,pets are considered part of the family. The growing bond between pet owners and pets nurtures consumer willingness to spend more on pet food. Consumers now know about pet health and buy nutritious pet food to improve their favorite animals. Pet owners look after not only the basic food products but also the edible animals that are produced locally and naturally or have certain health benefits.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Form
- By Source
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Mars Inc., Nestle S.A., General Mills Inc., Heristo AG, and WellPet LLC, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Dog & Cat Food Market Report by Segment
By Form
- Dry Pet Food
- Wet Pet Food
- Snacks & Treats
By Source
- Animal
- Plants
By Distribution Channel
- Supermarket
- Specialty Pet Food Stores
- Online Channel
- Others
A full report of Global Dog & Cat Food Market is available at: https://orionmarketreports.com/global-dog-cat-food-market/118004/
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