Expected to Cross $145 Billion by 2028, with Nestle Purina, Mars Petcare, and Hill’s Pet Nutrition Dominating Revenue Shares

Global Pet Food Market

Dublin, June 09, 2023 (GLOBE NEWSWIRE) — The “Global Pet Food Market” report has been added to AnalysisAndMarkets.com’s providing.

The world marketplace for pet meals reached $109 billion in 2022. The market is anticipated to develop at a compound annual progress price (CAGR) of 5.1% throughout 2023-2028 to succeed in $145.3 billion by 2028.

The world pet meals market is a quickly rising business, pushed by the growing demand for pet possession and the rising pattern of the humanization of pets. Pet meals is specialised for dogs, cats, birds, and fish. The pet meals business gives numerous merchandise, together with dry, moist, and treats.

The pet meals market is very aggressive, with key gamers together with Nestle Purina, Mars Petcare Inc., Hill’s Pet Nutrition Inc., Blue Buffalo Co., Ltd., and Colgate-Palmolive Co. These corporations have a big share of the pet meals market and continually compete to realize a bigger market share.

Pet meals costs differ from firm to firm, with premium manufacturers costing greater than common manufacturers. Regarding income, Nestle Purina, Mars Petcare Inc., and Hill’s Pet Nutrition Inc. are the highest three corporations within the pet meals market. These corporations even have the very best market share as a result of their sturdy model recognition and huge distribution community.

The pet meals market is witnessing a number of tendencies, such because the growing demand for natural and pure pet meals, the rising pattern of humanization of pets, and the rising reputation of uncooked pet meals. The market can be witnessing intense competitors amongst key gamers, resulting in the introduction of latest and modern merchandise.

Overall, the pet meals market is anticipated to proceed its progress trajectory, pushed by the growing demand for pet possession and the rising pattern of the humanization of pets. Key gamers out there are anticipated to proceed introducing new and modern merchandise to remain aggressive.

Report Scope

This report incorporates an in-depth pet meals market evaluation, together with market estimations and tendencies by means of 2028. The report is concentrated on estimating the marketplace for pet meals, which covers product sort, ingredient sort, distribution channel, and pet class. Major gamers, aggressive intelligence, programs and applied sciences, market dynamics, and regional alternatives are mentioned intimately. The report examines recent developments and product portfolios of main gamers. The report presents a market evaluation and estimates pet meals’s compound annual progress price (CAGR).

This report segments the worldwide market by these geographic areas: North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. For market estimates, information is offered for 2022 as the bottom yr, 2023, and forecast by means of year-end 2028.

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The report additionally discusses the most important gamers throughout every regional pet meals market. Further, it explains the most important drivers and regional dynamics of the worldwide pet meals market and present tendencies throughout the business. The report concludes with a specific deal with the seller panorama and consists of detailed profiles of the most important distributors out there.

The report consists of:

• 51 tables and 51 further tables

• An up-to-date overview and business evaluation of the worldwide marketplace for pet meals

• Analyses of the worldwide market tendencies, with historic market income information (gross sales figures) for 2022, estimates for 2023, and projections of compound annual progress charges (CAGRs) by means of 2028

• Highlights of the upcoming market potential for pet meals business and areas of focus to forecast this market into numerous segments and subsegments

• Estimation of the particular market dimension and income forecast for pet meals market, forecasted progress tendencies, and corresponding market share evaluation by pet class, product sort, distribution channel, and area

• A comparative research of Porter’s Five Forces evaluation and business worth chain evaluation contemplating each micro and macro environmental components prevailing within the pet meals market

• Coverage of the technological, financial, and business issues of the market, with information analyses and progress forecasts by means of 2027

• Identification of main stakeholders and evaluation of the corporate aggressive panorama primarily based on their recent developments, monetary efficiency, segmental revenues, and operational integration

• Company profiles of the main world gamers throughout the pet meals business, together with American Nutrition Inc., Deuerer, Fromm Family Foods LLC, Mars Inc. and Wellness Pet Co.

Key Attributes

Key Topics Covered

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Industry Overview

Chapter 4 Market Overview and Trends

Chapter 5 Global Market Analysis by Type of Pet

• Segment Overview

• Dogs

• Cats

• Others

Chapter 6 Global Market Analysis by Type of Product

• Dry Food

• Wet Food

• Treats and Snacks

• Nutraceuticals

Chapter 7 Global Market Analysis by Type of Ingredient

Chapter 8 Global Market Analysis by Distribution Channel

• Supermarkets/Hypermarkets

• Specialty Pet Food Stores

• Online Channels

• Other Distribution Channels

Chapter 9 North American Pet Food Market

• Regional Market Overview

• Pet Statistics and Trends in North America

• Pet Food Demand in North America

• Key Players within the North American Pet Industry

• Pet Trends in North America

• Market Size Estimation and Forecast Analysis

• U.S. Market Analysis

• Canadian Market Analysis

Chapter 10 European Pet Food Market Analysis

• Regional Market Overview

• Pet Statistics and Trends in Europe

• Pet Food Demand in Europe

• Key Players within the European Pet Industry

• Pet Trends in Europe

• Market Size Estimation and Forecast Analysis

• German Market Analysis

• French Market Analysis

• UK Market Analysis

• Spanish Market Analysis

• Polish Market Analysis

• Rest of Europe Market Analysis

Chapter 11 Asia-Pacific Pet Food Market

• Regional Market Overview

• Pet Statistics and Trends in Asia-Pacific

• Pet Food Demand in Asia-Pacific

• Key Players within the Asia-Pacific Pet Industry

• Pet Trends in Asia-Pacific

• Market Size Estimation and Forecast Analysis

• Chinese Market Analysis

• Indian Market Analysis

• Indonesian Market Analysis

• Japanese Market Analysis

• Philippines Market Analysis

• Rest of Asia-Pacific Market Analysis

Chapter 12 Middle Eastern and African Pet Food Market

• Regional Market Overview

• Market Size Estimation and Forecast Analysis

• South African Market Analysis

• Saudi Arabian Market Analysis

• United Arab Emirates (UAE) Market Analysis

• Rest of Middle Eastern and African Market Analysis

Chapter 13 Latin American Pet Food Market

• Regional Market Overview

• Market Size Estimation and Forecast Analysis

• Brazilian Market Analysis

• Mexican Market Analysis

• Argentinian Market Analysis

• Rest of Latin America Market Analysis

Chapter 14 Sustainability within the Pet Food Industry: An ESG Perspective

• Importance of ESG within the Pet Food Industry

• Case Studies: Examples of Successful ESG Implementation

• Environmental Initiatives

• Social Initiatives

• Governance Initiatives

• Future of ESG: Emerging Trends and Opportunities

• Concluding Remarks

Chapter 15 Company Profiles

• Affinity Petcare SA

• Ainsworth Pet Nutrition

• American Nutrition Inc.

• Betagro Public Co. Ltd.

• Central Garden & Pet Co.

• Colmar NV

• Deuerer

• Diamond Pet Foods

• Elmira Pet Products Ltd.

• Evangers Dog & Cat Food Co. Inc.

• Fromm Family Foods LLC

• General Mills/Blue Buffalo

• Hills Pet Nutrition Inc.

• Invivo NSA

• J.M. Smucker Co.

• Lafeber Co.

• Mars Inc.

• Maruha Nichiro Corp.

• Merrick Pet Care Inc.

• Simmons Pet Food

• Sunshine Mills

• Thai Union Group PCL

• Total Alimentos SA (Aquired by ADM)

• Wellness Pet Co.

For extra details about this report go to https://www.researchandmarkets.com/r/g1jg4w

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