Global Pet Food Market: Size, Trends and Forecasts ( ) January 2017
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1 Global Pet Food Market: Size, Trends and Forecasts ( ) January 2017
2 Global Pet Food Market Report Scope of the Report The report titled Global Pet Food Market: Size, Trends and Forecasts ( ) provides an in-depth analysis of the global pet food market with detailed analysis of market size on the basis of value along with the comprehensive examination of each of the major segments of the market, namely, dog food and cat food. The report provides detailed regional analysis of the United States, UK, Germany, France and Canada. The regional analysis of the markets includes market size by value along with the analysis of the dog food and cat food market, in terms of the value. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global pet food market has also been forecasted for the period , taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in the global pet food market is stiff and dominated by the big players like Nestle Purina PetCare Company. Further, key players of the market Hill s Pet Nutrition Company and Mars, Incorporated., are also profiled with their financial information and respective business strategies. Regional Coverage United States UK Germany France Canada Company Coverage Nestle Purina PetCare Company Hill s Pet Nutrition Company Mars, Incorporated
3 Global Pet Food Market Report Executive Summary The global pet food market witnessed an upsurge at a significant CAGR during the span of 5 years, i.e., and projections are made that the market would rise in the next five years i.e tremendously. The market is spread across North America, Europe and Asia. Among these regions, the North America held the largest share, followed by the Europe and Asia-Pacific region. The pet food market can be segmented on the basis of pet type, product type, ingredients and price. On the basis of pet type, market can be segmented into dog food, cat food and other pet food, while on the basis of product type, the market can be classified into wet food, dry food and treats & mixers. The market can be distinguished into natural and non-natural food, on the basis of ingredients. However, on the basis of price, the food market can be segmented into economy pet food, mid-priced pet food and premium pet food. Among all the classifications, segmentation on the basis of pet type is most popular, with dog food dominating the market. The major growth drivers for the global pet food market are: an increase in the pet population, pet humanization, health conscious consumers, upsurge in urbanization and personal disposable income. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as pet obesity, grinding challenge, supply chain challenge and nutritional sustainability. Some of the recent trends in the market include the rise in social awareness among consumers, sustainable packaging, cooked pet food and exotic ingredients.
4 Global Pet Food Market Overview Global Pet Food Market by Value; Global Pet Food Market by Value; 2016E-2020E The global pet food market in 2015 was valued at US$... billion, up by % as compared to This market is forecasted to reach US$...billion in 2020, at a CAGR of.%.the increase in the pet food market is expected due to increasing urbanization and pet humanization trend. There are three segments in the global pet food market, that are dog food, cat food and other pet food. The largest segment was. with % of share in the global pet food market in Global Pet Food Market by Segments;
5 Global Dog and Cat Food Market Overview Global Dog Food Market by Value; Global Cat Food Market by Value; The global dog food market reached US$... billion in 2015, increasing at a CAGR of.%, from US$... billion in The growing dog population and the tradingup trend continued to fuel sales, globally. The global cat food market was valued at US$... billion in 2015, depicting an annual increase of % during The reason for this increase is the accelerated lifestyles, especially among urban dwellers, more consumers have adopted cats as their pets to combat mounting pressure life and work stresses
6 Country Analysis: Market Overview The U.S. Pet Food Market by Value; UK Pet Food Market by Value; The U.S. pet food market is world s largest pet food market, which was valued at US$... billion in 2015, up by.% as compared to Germany Pet Food & Products Market by Value; The UK pet food market is the largest pet food market in Europe, valued at US$... billion in 2015 increasing at a CAGR of % during the period Germany pet food market was valued at US$...billion in 2015, rising at % as compared to 2014.
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