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Global Pet Food Market Size, Share, Latest Trend, Growth Rate Report, Opportunity Analysis & Key Drivers Report 2021 to 2027

Global Pet Food Market was valued at USD 87.21 billion by 2018 which is expected to reach at USD 105.87 billion by 2027 at a CAGR 4.5%.

Pet food is a special food which is used for animals and it is formulated according to animal’s nutritional needs. Pet food is generally categorized into various types such as Wet/Canned Food, Dry Food, Treats/ Snacks, and Others.

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The report also ensures an objective analysis of the market by enabling a comprehensive view of the Pet Food Market and its associated components and by engaging a set of standards. Factors such as economic growth, supply chains government expenditure, and distribution channels are scrutinized in order to relay precise information.  By Using bottom-up and top-down approaches, market-size validation, and estimation has been performed to collect data from the supply side. Also, analysis of the data has been conducted by using a precise research framework, which suited to the specific market. This framework works like research standard, providing tools to create market reports.

However, pet obesity issues and pet recall by companies are the major restraining factors which are expected to hinder the global pet food market growth.

Market Key Players

Various key players are discussed in this report such as Heristo Aktiengesellschaft, Blue Buffalo Co., Ltd, WellPet LLC, Tiernahrung Deuerer GmbH, Hill’s Pet Nutrition, Diamond Pet Foods, Nestle Purina PetCare, Big Heart Pet Brands, The Procter & Gamble Company, and Mars Petcare US Inc

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Market Taxonomy

By Pet Type

  • Cats
  • Dogs
  • Others

By Food Type

  • Wet/Canned Food,
  • Dry Food
  • Treats/ Snacks
  • Others

By Sales Channel

  • Internet Sales
  • Specialized Pet Shops
  • Hypermarkets
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

 

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