The global pet food market is anticipated to grow at a CAGR of over 4% during the forecast period. Pet food is the plant or animal material that is commercially prepared for the feeding of pets. Pet foods are formulated according to the nutritional requirement of a specific breed of pets consisting of meat, meat by-products, cereals, grain, vitamins, and minerals. Some of the pet food is also intended for therapeutic purposes such as to support the healthy cardiac, kidney, or liver function of the pet. The increasing awareness of consumers regarding the different nutritional needs of their pets is the major factor that is driving the pet food market.
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Additionally, the increasing adoption drives across the globe especially for the dogs and cats is anticipated to fuel the pet food market during the forecast period. In addition to this, the increasing humanization of pets in families across the globe is also presenting an opportunity for the pet food market growth in the near future. However, the increasing threats of unhealthy food by fake pet food brands are significantly challenging the pet food market growth during the forecast period.
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Market Segmentation
Global Pet Food Market by Product
- Dry Pet Foods
- Wet Pet Foods
- Treats & Snacks
- Others
Global Pet Food Market by Animal Type
- Dogs
- Cats
- Others
Regional Analysis
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Archer Daniels Midland Co.
- BASF SE (BASF Nutrition)
- Blue Buffalo Co., Ltd.
- Cargill Inc.
- Hansen Holding A/S
- Colgate-Palmolive Co. (Hill’s Pet Nutrition, Inc.)
- Darling Ingredients Inc.
- DuPont de Nemours, Inc.
- Ingredion Inc.
- Kemin Industries, Inc.
- Lallemand Inc.
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