Pet Food Market to Witness an Outstanding Growth by 2029 (1)

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Pet Food Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2021

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Global Pet Food Market Snapshot 

• Amidst a high degree of competition, savvy
  players in the Europe pet food market are
  striving to expand their product portfolio for
  competitive gains.
• Expansion of distribution channels remains
  another key growth strategy of players in the
  Europe pet food market. 
• The increasing number of pet owners is the
  foremost factor driving the Europe pet food
  market. Nuclear family set-ups being the norm in
  the region accounts for increasing pet ownership
  for company.
• Especially elderly people living independently
  tend to have pet for company and for safety. 

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Spain to Register Strong Growth in future 

• The Europe pet food market is spread across the
  U.K., Netherlands, Spain, France, Germany, Italy,
  and the Rest of Europe.
• Among them, the U.K. registers maximum demand for
  pet food. However, in coming years, the U.K. is
  expected to display sluggish growth in Europe pet
  food market.
• On the other hand, Spain is likely to surface as
  a prominent pet food market in the region, thanks
  to rising pet ownership for companionship.

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Spain Spells Maximum Opportunity Going Forward

• Most of the astute players in the Europe pet food
  market are currently focusing on Spain, whose
  market will likely grow at maximum pace in the
  upcoming years.
• This is because of the increasing number of poet
  owners in the nation, states our report.
• France, Italy, and Netherlands are also predicted
  to open up growth avenues in the near term.

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Some of the leading players 

• Mars Inc.
• Nestle S.A.
• Affinity Petcare
• Colgate-Palmolive
• Big Heart Pet Brands. 

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