Title: Pet Food Market - Forecast 2022-2027
1Pet Food MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
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- Pet Food Market size is estimated to reach 142.3
billion by 2027, growing at a CAGR of 5.1 during
the forecast period 2022-2027. Pet food is widely
demarcated as animal feed which falls under the
category of specialty foods made just for the
consumption of domestic animals. - Specialty animal feed mainly includes dog food,
cat food, fish food, bird food, hypoallergenic
dog food, dry pet foods, Veterinary Diet, and
others. These foods are a sound source of energy
and proteins for pets. However, many canines are
allergic to certain foods which include dairy
products, gluten, chicken eggs, beef, and many
more. Consumption of such products forces a
reaction between antibodies and antigens,
therefore, leading to an adverse impact on the
pets health. That is why recently hypoallergenic
dog foods have come to the foreground.
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- Key Takeaways
- Geographically, the North America Pet Food Market
accounted for the highest revenue share in 2021.
However, Asia-pacific is poised to dominate the
market over the period 2022-2027. - With the prevailing work-from-home trend many
people got an opportunity to buy and look after a
pet, enlarging problem of depression and
loneliness is said to be a preeminent driver
driving the growth of the Pet Food Market.
Whereas, vulnerable demand and supply chain due
to widespread lockdowns is said to reduce the
market growth. - Detailed analysis on the Strength, Weaknesses,
and Opportunities of the prominent players
operating in the market will be provided in the
Pet Food Market report.
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By Distribution Channel- Segment Analysis The
Pet Food Market based on distribution channel can
be further segmented into offline platforms
(hypermarkets/supermarkets, convenience stores,
and others), and online Platforms. The offline
segment held the largest share in 2021. The
growth is owing to a higher number of retail
outlets and most importantly their
all-encompassing presence as compared to
e-commerce platforms. A report claimed that in
2021 around 13 of sales in the US happened
through online mediums while more than 90
transpired through offline mediums.
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- Pet Food Industry Outlook
- Mars Incorporated
- General Mills
- Nestle S.A.
- WellPet Company
- Heristo AG
- Diamond Pet Foods
- Colgate-Palmolive Company
- The J.M. Smucker Company
- Hartz Mountain Corporation
- Blue Buffalo
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Pet Food Market - Forecast(2022 - 2027) Learn
More About the Report _at_ https//www.industryarc
.com/Research/Pet-Food-Market-Research-511141
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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