Pet Foods Market: Size to Surpass USD 1,15,739.7 Million By 2030 - Report By IMR
The Global Pet Foods market size is expected to grow from USD 80,150.99 Million in 2022 to USD 1,15,739.7 Million by 2030, at a CAGR of 4.7% during the forecast period (2023-2030).
The Pet Foods Market has witnessed substantial growth in recent years, fueled by the increasing number of pet owners globally. The market encompasses a wide range of products, including dry and wet pet foods, treats, and specialized diets catering to various pet health needs. As pets are increasingly considered integral members of families, there has been a surge in demand for premium and specialized pet food options. Additionally, the growing awareness of the link between pet nutrition and overall well-being has contributed to the market's expansion.
Key Prominent Players In The Pet Foods Market:
Wagg Foods Ltd , Kriser's Natural Pet, Wellness Pet Company, Gambol Pet Group Co., LTD , Yantai China Pet Foods Co., Ltd. (“Wanpy”), Butcher’s Pet Care, Royal Canin SAS, BRF, Nisshin Seifun Group Inc., Affinity Petcare, General Mills, Mars, Hill's Pet Nutrition, Purina, The J.M. Smucker Company, Colgate-Palmolive Company, Schell & Kampeter Inc, Heristo, Unicharm, Affinity Petcare and other major players.
Get Sample Market Dynamics and Factors Influencing Growth:
https://introspectivemarke...
Market Driver:
One prominent market driver is the rising trend toward humanization of pets. Pet owners are increasingly seeking high-quality, nutritious, and specialized food options for their furry companions, mirroring the dietary preferences and concerns of their own. This shift has propelled the demand for premium pet foods containing natural ingredients, functional additives, and customized formulations targeting specific health conditions. As consumers become more discerning about their pets' nutrition, pet food manufacturers are innovating to meet these evolving preferences, th
The Global Pet Foods market size is expected to grow from USD 80,150.99 Million in 2022 to USD 1,15,739.7 Million by 2030, at a CAGR of 4.7% during the forecast period (2023-2030).
The Pet Foods Market has witnessed substantial growth in recent years, fueled by the increasing number of pet owners globally. The market encompasses a wide range of products, including dry and wet pet foods, treats, and specialized diets catering to various pet health needs. As pets are increasingly considered integral members of families, there has been a surge in demand for premium and specialized pet food options. Additionally, the growing awareness of the link between pet nutrition and overall well-being has contributed to the market's expansion.
Key Prominent Players In The Pet Foods Market:
Wagg Foods Ltd , Kriser's Natural Pet, Wellness Pet Company, Gambol Pet Group Co., LTD , Yantai China Pet Foods Co., Ltd. (“Wanpy”), Butcher’s Pet Care, Royal Canin SAS, BRF, Nisshin Seifun Group Inc., Affinity Petcare, General Mills, Mars, Hill's Pet Nutrition, Purina, The J.M. Smucker Company, Colgate-Palmolive Company, Schell & Kampeter Inc, Heristo, Unicharm, Affinity Petcare and other major players.
Get Sample Market Dynamics and Factors Influencing Growth:
https://introspectivemarke...
Market Driver:
One prominent market driver is the rising trend toward humanization of pets. Pet owners are increasingly seeking high-quality, nutritious, and specialized food options for their furry companions, mirroring the dietary preferences and concerns of their own. This shift has propelled the demand for premium pet foods containing natural ingredients, functional additives, and customized formulations targeting specific health conditions. As consumers become more discerning about their pets' nutrition, pet food manufacturers are innovating to meet these evolving preferences, th
10:12 AM - Feb 08, 2024 (UTC)
