Global Pet Food Market | Growth, Analysis, Trends - PowerPoint PPT Presentation

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Global Pet Food Market | Growth, Analysis, Trends

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Global pet food market is growing at a CAGR of 7.56%, and is expected to reach $204.60 billion by 2030. Get Free Sample Report. – PowerPoint PPT presentation

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Title: Global Pet Food Market | Growth, Analysis, Trends


1
Rising Demand for Premium Organic Pet Food
propels Global Pet Food Market Growth
Inkwood Research estimates that the Global Pet
Food Market is evaluated to register a CAGR of
7.56 in terms of revenue during the forecasted
years of 2022-2030. "Browse 47 Market Data Tables
and 47 Figures spread over 215 Pages, along with
an in-depth TOC on the Global Pet Food Market
Forecast 2022-2030." VIEW TABLE OF CONTENT LINK -
https//inkwoodresearch.com/reports/pet-food-marke
t/table-of- contents Pet foods are specialty
foods for domesticated animals tailored for their
nutritional needs. These entail cereals, meat
by-products, meat, minerals, vitamins, grains,
etc. These include semi-moist, canned, dry types,
and snacks like treats, kibbles, and biscuits.
REQUEST FREE SAMPLE LINK - https//inkwoodresearch
.com/reports/pet-food-market/request-
free-sample High Demand for Premium Organic
Pet Food propel Market Demands The growing
concerns regarding pet health drive the demand
for organic and premium pet foods. This has
propelled pet food manufacturing in the United
States, the United Kingdom, China, Italy,
Germany, etc. Pet owners often view pets as
family members and are therefore inclined to
splurge for optimal products and services. This
leads to increased demands for premium and
organic foods to feed their 'fur babies.'
2
Also, organic pet foods are devoid of artificial
colors, synthetic hormones, antibiotics, flavors,
preservatives, and toxic pesticides. In addition,
premium pet foods have high quality ingredients
than generic pet foods. Besides, companies
manufacturing such foods have specific
segregation among lactating mothers, kittens,
puppies, and breeds. They also formulate diets as
per the nutritional requirements of the animal,
unlike regular pet food production. Store Based
Distribution Channel has the Largest Revenue
Share Reliability, with regard to brands and shop
owners, is the key criterion consumers look for
while buying pet foods. The pet food stores
include specialty stores and hypermarkets
supermarkets. Also, the physical markets are
visually appealing enabling pet owners to
identify the products in accordance with the
nutritional requirements of their pets. At the
same time, pet stores have varied supplies and
accessories. These include foods, aquariums,
cages, litter boxes, leashes, collars, toys,
treats, etc. Moreover, in countries like Canada,
the United States, and the United Kingdom, pet
stores offer aesthetic services and hygienic
care. North America Largest Revenue-Generating
Region The growing pet humanization and the
increasing pet foods awareness with high
nutritional benefits contribute to market growth.
Also, there is an increase in the number of
millennial pet owners and shifting perspectives
on pets. In addition, the convenience factor with
regard to product purchases has influenced the
growth of online retail channels. The market
offers new entrants some edge in competition with
regard to herbal ingredients and pricing in
developing countries. Some of the eminent
companies in the market are Mars PetCare Ltd, The
J M Smucker Company, Hill's Pet Nutrition, Blue
Buffalo Pet Products Inc, etc. Request for
Customization https//inkwoodresearch.com/request
-for-custom-report/ About Inkwood
Research Inkwood Research specializes in
syndicated customized research reports and
consulting services. Market intelligence studies
with relevant fact-based research are customized
across industry verticals such as technology,
automotive, chemicals, materials, healthcare, and
energy, with an objective comprehension that
acknowledges the business environments. Our
geographical analysis comprises North South
America, CEE, CIS, Middle East, Europe, Asia, and
Africa. Contact Us https//www.inkwoodresearch.co
m sales_at_inkwoodresearch.com 1-(857)293-0150 Relate
d Reports GLOBAL DIRECT-FED MICROBIALS MARKET
GLOBAL ANIMAL NUTRITION MARKET GLOBAL PET
GROOMING MARKET
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