Title: Pet Food Market - Forecast( 2022-2027)
1Pet Food Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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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. - 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. - On another hand, growing per capita income,
investments in the retail sector, and western
influence in many Asian countries are the factors
set to drive the growth of the Pet Food Market
for the period 2022-2027.
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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. - 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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Pet Food Market Segment Analysis-By
Geography The Pet Food Market based on Geography
can be further segmented into North America,
Europe, Asia-Pacific, South America, and the rest
of the World. North America held the largest
share with 37 of the overall market in 2021. The
growth in this segment is owing to the factors
such as GDP per capita income of countries like
Canada and the U.S., and excessive adoption of
pets as compared to other parts of the world. The
trend of adopting dogs from shelters is enlarging
in the US and the number has reached 58 in 2020
with a comparative 5 jump from the previous year.
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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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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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