The Global Cat Food Market Size was Valued at USD 35.7 Billion in 2023 and the Worldwide Cat Food Market Size is Expected to Reach USD 48.9 Billion by 2033, based on a analysis report printed by Spherical Insights & Consulting. Companies coated: Mars Petcare, Nestle Purina PetCare Company, Hill’s Pet Nutrition, J.M Smucker, Diamond Pet Foods, Affinity Petcare SA, Evanger’s Dog and Cat Food Company Inc., Fromm Family Foods LLC, Nutro Products Inc., and Other Key Vendors.
New York, United States, April 08, 2024 (GLOBE NEWSWIRE) — The Global Cat Food Market Size is predicted to Grow from USD 35.7 Billion in 2023 to USD 48.9 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of three.20% throughout the projected interval.
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Cat meals is pet meals that has been specifically made to fulfill cats’ dietary wants. A well-balanced eating regimen is crucial for cats because it meets their particular dietary necessities and enhances their general well being and well-being. It is made with premium animal protein sources, together with hen, turkey, fish, or cow. Iron, salt, zinc, calcium, nutritional vitamins, minerals, phosphorus, magnesium, proteins, carbohydrates, lipids, and different very important vitamins are all plentiful in it. Additionally, fatty acids are current and keep wholesome pores and skin, shiny coats, and different bodily features. The rising variety of folks adopting cats as pets is among the many causes driving the worldwide cat meals trade, contributing to its rise. The rising recognition of cats has led to an increase available in the market’s demand for cat meals.
Browse key trade insights unfold throughout 200 pages with 110 Market information tables and figures & charts from the report on the “Global Cat Food Market Size, Share, and COVID-19 Impact Analysis, By Type (Wet Food, Dry Food, Treats & Others), By Distribution Channel (Online, Supermarkets & Hypermarkets & Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.”
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The moist meals section is predicted to carry the most important share of the worldwide cat meals market throughout the predicted timeframe.
Cat Food market is assessed by kind into moist meals, dry meals, treats and others. Among these, the moist meals section is predicted to carry the most important share of the worldwide cat meals market throughout the predicted timeframe. Because cats are naturally carnivorous, they get most of their water from their meals due to the excessive moisture content material and correct diet.
The supermarkets and hypermarkets section are anticipated to carry the most important share of the worldwide cat meals market throughout the anticipated interval.
On the idea of the distribution channel, the worldwide cat meals market is split into on-line, supermarkets and hypermarkets, and others. Among these, the supermarkets and hypermarkets section are anticipated to carry the most important share of the worldwide cat meals market throughout the anticipated interval. due to the availability of distinctive and specialty merchandise. One of the primary benefits of buying cat meals from a grocery store or hypermarket is comfort. Since these institutions are usually positioned in simply accessible areas, they supply pet house owners a fast and simple choice to receive the important portions of cat meals.
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North America is anticipated to carry the most important share of the worldwide cat meals market over the anticipated timeframe.
North America is anticipated to carry the most important share of the worldwide cat meals market over the anticipated timeframe. The variety of those that personal pets in North America is rising for a lot of of causes, together with extra disposable money, altering attitudes towards pets and their position in households, and enhancements in pet diet and care. According to projections made by the American Pet Products Association (APPA), 66% of American households, or 86.9 million households, are anticipated to personal pets by 2023.
Throughout the projected interval, Europe is anticipated to extend on the quickest charge. The European Pet Food Organization tasks that over 90 million households in Europe will personal pets in 2022, together with 110 million cats and 90 million dogs. As a outcome, it’s anticipated that all through the projection interval, elements such the rising pet meals trade and the rising recognition of cats would enhance product demand.
Competitive Analysis:
The report gives the suitable evaluation of the important thing organizations/corporations concerned throughout the world market together with a comparative analysis based on their product providing, business overviews, geographic presence, enterprise methods, section market share, and SWOT evaluation. The report additionally gives an elaborative evaluation specializing in the present information and developments of the businesses, which incorporates product growth, improvements, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This permits for the analysis of the general competitors throughout the market. Major distributors within the Global Cat Food Market embrace Mars Petcare, Nestle Purina PetCare Company, Hill’s Pet Nutrition, J.M Smucker, Diamond Pet Foods, Affinity Petcare SA, Evanger’s Dog and Cat Food Company Inc., Fromm Family Foods LLC, Nutro Products Inc. and others.
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Recent Developments
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In February 2023, Mars Petcare has successfully purchased Champion Pet meals, a Canadian pet meals firm, to be able to broaden its product providing.
Key Target Audience
Market Segment
This research forecasts income at world, regional, and nation ranges from 2020 to 2033. Spherical Insights has segmented the Global Cat Food Market based mostly on the below-mentioned segments:
Global Cat Food Market, By Type
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Wet Food
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Dry Food
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Treats
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Others
Global Cat Food Market, By Distribution Channel
Global Cat Food Market, By Region
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North America
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Europe
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Asia Pacific
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China
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Japan
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South Korea
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Australia
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Rest of Asia Pacific
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South America
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Brazil
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Argentina
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Rest of South America
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Middle East & Africa
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