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Pet food is plant or animal material intended for consumption by pets and can prevent feeding advantage of certain diseases. It has unique characteristics such as nutritious comprehensive, digestion and absorption rate and reasonable scientific formula. Typically sold in pet stores and supermarkets, it is usually specific to the type of animal, such as dog food or cat food. Most meat used for nonhuman animals is a byproduct of the human food industry, and is not regarded as "human grade".
LPI (LP Information)' newest research report, the "Pet Foods Industry Forecast" looks at past sales and reviews total world Pet Foods sales in 2022, providing a comprehensive analysis by region and market sector of projected Pet Foods sales for 2023 through 2029. With Pet Foods sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pet Foods industry.
This Insight Report provides a comprehensive analysis of the global Pet Foods landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pet Foods portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pet Foods market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pet Foods and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pet Foods.
The global Pet Foods market size is projected to grow from US$ 99960 million in 2022 to US$ 121280 million in 2029; it is expected to grow at a CAGR of 121280 from 2023 to 2029.
In 2019, Mars was the world leader or pet food market with the sales market share of 19.2%.
This report presents a comprehensive overview, market shares, and growth opportunities of Pet Foods market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Dry Products
- Wet/Canned Products
- Nutritious Products
- Snacks/treats
- Others
Segmentation by application
- Dog
- Cat
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- The J.M. Smucker Company
- Unicharm
- Mars Incorporated
- Colgate-Palmolive
- Nestle SA
- Lupus Alimentos
- Total Alimentos
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pet Foods market?
What factors are driving Pet Foods market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pet Foods market opportunities vary by end market size?
How does Pet Foods break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?