Title: Pet Food Global Market Report 2023
1Pet Food Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Pet Food Market Segments
The Business Research Company segments its pet
food market report as
Dog And Cat Food, Other Pet Food
By Type
By Distribution Channel
Specialized Pet Shops, Internet Sales,
Hypermarkets, Other Distribution Channels
Animal Derivatives, Plant Derivatives, Synthetic
By Ingredients
3Market Statistics
The global pet food market size grew from 66.45
billion in 2022 to 72.02 billion in 2023 at a
compound annual growth rate (CAGR) of 8.4. The
market size of global pet food market is expected
to grow to 94.97 billion in 2027 at a CAGR of
7.2.
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4Key Market Drivers And Trends
Drivers
The pet food manufacturing market's growth is
aided by stable economic growth forecasted in
many developed and developing countries.
Trends
Pet food manufacturing companies are using
automation technologies such as advanced
production lines and software solutions to
improve safety and operational efficiency.
Region
North America was the largest region in pet food
market. The regions covered in the global pet
food market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South
America, Middle East and Africa.
5Key Market Players
- Major players in the pet food market are
- Mars Incorporated
- Nestle S.A.
- Diamond Pet Foods Inc.
- J.M. Smucker Company
- Colgate-palmolive coAnd more.
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