Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • International Solar Alliance to Host Sixth Regional Committee Meeting for Europe & Others Region in Brussels
    International Solar Alliance to Host Sixth Regional Committee Meeting for Europe & Others Region in Brussels World News
  • Global General Freight Trucking Market on an Upward Trajectory
    Global General Freight Trucking Market on an Upward Trajectory World News
  • Ombudsman’s Office holds First Annual Conference:”Government and Stakeholders – Finding Solutions Together”
    Ombudsman’s Office holds First Annual Conference:”Government and Stakeholders – Finding Solutions Together” World News
  • FAA Proposes New Policy that Would Fulfill One of the Key Requirements of the Aircraft Certification, Safety, and Accountability Act
    FAA Proposes New Policy that Would Fulfill One of the Key Requirements of the Aircraft Certification, Safety, and Accountability Act Aviation
  • Property Tax Disputes For 2023 In Tarrant County Have Resulted In Savings Of 6 Million For This Tax Year
    Property Tax Disputes For 2023 In Tarrant County Have Resulted In Savings Of $336 Million For This Tax Year Business
  • Madhya Pradesh Tourism shone at The 46th session of the UNESCO World Heritage Committee
    Madhya Pradesh Tourism shone at The 46th session of the UNESCO World Heritage Committee World News
  • Coronary Stents Market Size (USD 15.4 billion by 2030): Rising Prevalence of Cardiovascular Diseases to Drive Growth
    Coronary Stents Market Size (USD 15.4 billion by 2030): Rising Prevalence of Cardiovascular Diseases to Drive Growth Business
  • Mitch Gould’s NPI Set to Attend ECRM’s Upcoming ‘Weight Management, Nutrition and Vitamin Program’
    Mitch Gould’s NPI Set to Attend ECRM’s Upcoming ‘Weight Management, Nutrition and Vitamin Program’ World News
  • International Solar Alliance to Host Sixth Regional Committee Meeting for Europe & Others Region in Brussels
    International Solar Alliance to Host Sixth Regional Committee Meeting for Europe & Others Region in Brussels World News
  • Global General Freight Trucking Market on an Upward Trajectory
    Global General Freight Trucking Market on an Upward Trajectory World News
  • Ombudsman’s Office holds First Annual Conference:”Government and Stakeholders – Finding Solutions Together”
    Ombudsman’s Office holds First Annual Conference:”Government and Stakeholders – Finding Solutions Together” World News
  • FAA Proposes New Policy that Would Fulfill One of the Key Requirements of the Aircraft Certification, Safety, and Accountability Act
    FAA Proposes New Policy that Would Fulfill One of the Key Requirements of the Aircraft Certification, Safety, and Accountability Act Aviation
  • Property Tax Disputes For 2023 In Tarrant County Have Resulted In Savings Of 6 Million For This Tax Year
    Property Tax Disputes For 2023 In Tarrant County Have Resulted In Savings Of $336 Million For This Tax Year Business
  • Madhya Pradesh Tourism shone at The 46th session of the UNESCO World Heritage Committee
    Madhya Pradesh Tourism shone at The 46th session of the UNESCO World Heritage Committee World News
  • Coronary Stents Market Size (USD 15.4 billion by 2030): Rising Prevalence of Cardiovascular Diseases to Drive Growth
    Coronary Stents Market Size (USD 15.4 billion by 2030): Rising Prevalence of Cardiovascular Diseases to Drive Growth Business
  • Mitch Gould’s NPI Set to Attend ECRM’s Upcoming ‘Weight Management, Nutrition and Vitamin Program’
    Mitch Gould’s NPI Set to Attend ECRM’s Upcoming ‘Weight Management, Nutrition and Vitamin Program’ World News
Pet Food Market Share Worth $ 133,430.9 Million By 2031 With CAGR Of 4.6%

Pet Food Market Share Worth $ 133,430.9 Million By 2031 With CAGR Of 4.6%

Posted on June 27, 2023 By NewsEditor

Pet Food Market Share Worth $ 133,430.9 Million By 2031 With CAGR Of 4.6%

Global pet food market size was valued at $87,268.2 million in 2020, and is projected to reach $133,430.9 million by 2030, registering a CAGR of 4.6%

PORTLAND, OREGON, UNITED STATES, June 26, 2023/EINPresswire.com/ — Pet food market is booming owing to increased pet ownership across the globe due to rising consumers’ disposable income. The major factors and pet food market trends driving the global pet food market are rising trend of nuclear families, rapid humanization of pets, increasing awareness about pet health. However, increase in pet obesity and pet food recalls are expected to hinder the market growth to a certain extent over the pet food market forecast period 2021-2030. Additionally, increasing pet ownership in developing nations and rising e-commerce sales act as an opportunity for the global market.

Download Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/530

According to pet food market analysis, the market is classified on the basis of pet type, food type, sales channel and region. By pet type, the pet food market is segmented into dogs, cats and other pets. Rising trend of nuclear families and their need to keep dogs for companionship and security resulted into highest revenue generation in 2020. Based on food type, the market is segregated into dry food, wet food, treats & snacks and others. Dry food holds the highest pet food market share by food type because it is one of the most convenient types of food, easy to store, requires no refrigeration, and available at affordable prices as compared to other types of food.

By sales channel, the market is categorized into supermarkets & hypermarkets, specialized pet shops, online sales channel, and others. Region wise, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America contributed the highest revenue in 2020 and is expected to dominate the market during the forecast period.

Buy This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/142b9a021a0063dc9505e47f030cee20

Furthermore, flavor trends have begun to emerge in the pet food market. For instance, the adoption of beef in several food categories (dry and wet food) has witnessed a recent trend while chicken is already a dominating flavor. Overall, natural, organic and nutritious food trends are driving the market owing to its grain-free properties and health benefits offered to pets.

Population growth, rise in incomes in developing countries, and urbanization have all contributed to an increase in global pet food production. The rise in pet population has led to increase in pet humanization. As a result of which, the consumers are tending toward premium pet food products so as to minimize health associated risks. It also gives lucrative pet food market opportunities to producers to manufacture therapeutic and nutritional foods concerning pets’ health and would allow them to gain high pet food market share in the industry.

The consumers prefer cats over dogs because cats are easy to handle due to their small and convenient size and can be easily taken care. Therefore, cat food is likely to grow faster than dog food. However, wet cat food has witnessed a slight increase in its growth as it offers high nutrition to cats and is better for their oral and dental health.

Request For Customization: https://www.alliedmarketresearch.com/request-for-customization/530

Pet parents pay more attention to their pets by offering them more functional food, particularly breed and age-specific items. Also, pets are viewed as full members of the family and are benefited for treats, snacks and other premium foods as their owners. The pet parents want their pets be benefited from unique, natural, organic and flavourful ingredients and thus, manufacturers are keeping up this trend by manufacturing organic and healthy pet food products.

The market is driven by rapid pet humanization, rising pet ownership and demand for therapeutic foods. Pet humanization is a recent trend and has resulted in an increased focus on pet’s health, weight, and overall fitness. Therefore, the demand for premium and super premium pet food products have witnessed a significant growth as Italian pet owners believe that these are healthier for their pets.

The major players operating in the pet food industry are Mars Petcare Inc., The Hartz Mountain Corporation, Big Heart Pet Brands, Nestle Purina PetCare, Diamond Pet Foods, Hill’s Pet Nutrition, Deuerer, WellPet, Blue Buffalo, and Heristo AG. These major players have adopted various strategies to expand their market reach. The strategies adopted in the pet food market are product launch, partnership, collaboration, joint venture, and acquisition.

Speak To Analyst: https://www.alliedmarketresearch.com/connect-to-analyst/530

Key findings of the study

The global pet food market size was valued at $87,268.2 million in 2020, and is projected to reach $133,430.9 million by 2030, registering a CAGR of 4.6% from 2021 to 2030.
By pet type, the dogs segment was the highest contributor to the market, with $39,646.2 million in 2020, and is estimated to reach $61,049.5 million by 2030, at a CAGR of 4.7% during the forecast period.
By food type, the dry food segment was the highest contributor to the market, with $29,386.8 million in 2020, and is estimated to reach $47,937.5 million by 2030, at a CAGR of 5.3% during the forecast period.
By sales channel, the specialized pet shops segment was the highest contributor to the market, with $31,414.8 million in 2020, and is estimated to reach $50,533.1 million by 2030, at a CAGR of 5.1% during the forecast period.
By region, North America was the highest revenue contributor, accounting for $30,369.3 million in 2020, and is estimated to reach $48,435.4 million by 2030, with a CAGR of 5.0%.

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here

You just read:

News Provided By

June 25, 2023, 22:30 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.

Article originally published on www.einpresswire.com as Pet Food Market Share Worth $ 133,430.9 Million By 2031 With CAGR Of 4.6%

Business

Post navigation

Previous Post: Silk Way West Airlines selects L3Harris to provide New Boeing 777-F with 777-200LR Interchange Full Flight Simulator
Next Post: War Day 250: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin

Related Posts

  • How to Enjoy Home Comfort Outdoors With OUKITEL P2001 Portable Power Station
    How to Enjoy Home Comfort Outdoors With OUKITEL P2001 Portable Power Station Business
  • Recruiting for Good Launch Reward Our Moms Market to Save On Best Supermarkets
    Recruiting for Good Launch Reward Our Moms Market to Save On Best Supermarkets Business
  • Green Ideas Celebrates 20 Years of Building Science Success
    Green Ideas Celebrates 20 Years of Building Science Success Business
  • International Pizza Chain Continues Slicing Through Growth Plans to Achieve Milestone 800th Restaurant Opening
    International Pizza Chain Continues Slicing Through Growth Plans to Achieve Milestone 800th Restaurant Opening Business
  • From Home Daycare to Comprehensive Childcare Facility
    From Home Daycare to Comprehensive Childcare Facility Business
  • Truss Financial Group Introduces Dedicated Spanish-Language Loan Services
    Truss Financial Group Introduces Dedicated Spanish-Language Loan Services Business
  • How to Enjoy Home Comfort Outdoors With OUKITEL P2001 Portable Power Station
    How to Enjoy Home Comfort Outdoors With OUKITEL P2001 Portable Power Station Business
  • Recruiting for Good Launch Reward Our Moms Market to Save On Best Supermarkets
    Recruiting for Good Launch Reward Our Moms Market to Save On Best Supermarkets Business
  • Green Ideas Celebrates 20 Years of Building Science Success
    Green Ideas Celebrates 20 Years of Building Science Success Business
  • International Pizza Chain Continues Slicing Through Growth Plans to Achieve Milestone 800th Restaurant Opening
    International Pizza Chain Continues Slicing Through Growth Plans to Achieve Milestone 800th Restaurant Opening Business
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Zinc Plating Company Plateco Named ‘Top Shop’ for 6th Straight YearJuly 11, 2025
  • War in Ukraine. Day 1222: Russians in Dnepr? F-16 Pilot’s Sacrifice. Elections &Miracles. ArestovychJuly 11, 2025
  • Growing Prevalence Of Allergies Fueling The GrowthJuly 10, 2025
  • Bright Pattern and AvanteNow Partner to Deliver IT Service Management with AI-Powered Contact Center CapabilitiesJuly 10, 2025
  • Key Driver Transforming the Calcitonin Salmon Market in 2025July 9, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • Acting Deputy Secretary Bass’ Meeting with UK Parliamentary Under Secretary of State Rutley
    Acting Deputy Secretary Bass’ Meeting with UK Parliamentary Under Secretary of State Rutley World News
  • Everblue Courses Approved by Virginia Department of Professional and Occupational Regulation (DPOR)
    Everblue Courses Approved by Virginia Department of Professional and Occupational Regulation (DPOR) Business
  • Condemning Today’s Terrorist Attack in Jerusalem
    Condemning Today’s Terrorist Attack in Jerusalem World News
  • Insights into Weight and Balance in Light Aircraft and Terral Aviation’s New Approach to Cockpit Efficiency
    Insights into Weight and Balance in Light Aircraft and Terral Aviation’s New Approach to Cockpit Efficiency Aviation
  • War in Ukraine, Analytics: “Arestovych Method” That He is Loved & Hated For.  by Inga Mezerya
    War in Ukraine, Analytics: “Arestovych Method” That He is Loved & Hated For. by Inga Mezerya World News
  • FAA Proposes New Policy that Would Fulfill One of the Key Requirements of the Aircraft Certification, Safety, and Accountability Act
    FAA Invests Over $100M to Reduce Runway Incursions at Airports Aviation
  • Dr. Michael H. Gold Inducted into The International Order of Fantastic Professionals
    Dr. Michael H. Gold Inducted into The International Order of Fantastic Professionals World News
  • Day 509: Second Explosion on the  Crimean Bridge
    Day 509: Second Explosion on the Crimean Bridge World News
  • Acting Deputy Secretary Bass’ Meeting with UK Parliamentary Under Secretary of State Rutley
    Acting Deputy Secretary Bass’ Meeting with UK Parliamentary Under Secretary of State Rutley World News
  • Everblue Courses Approved by Virginia Department of Professional and Occupational Regulation (DPOR)
    Everblue Courses Approved by Virginia Department of Professional and Occupational Regulation (DPOR) Business
  • Condemning Today’s Terrorist Attack in Jerusalem
    Condemning Today’s Terrorist Attack in Jerusalem World News
  • Insights into Weight and Balance in Light Aircraft and Terral Aviation’s New Approach to Cockpit Efficiency
    Insights into Weight and Balance in Light Aircraft and Terral Aviation’s New Approach to Cockpit Efficiency Aviation
  • War in Ukraine, Analytics: “Arestovych Method” That He is Loved & Hated For.  by Inga Mezerya
    War in Ukraine, Analytics: “Arestovych Method” That He is Loved & Hated For. by Inga Mezerya World News
  • FAA Proposes New Policy that Would Fulfill One of the Key Requirements of the Aircraft Certification, Safety, and Accountability Act
    FAA Invests Over $100M to Reduce Runway Incursions at Airports Aviation
  • Dr. Michael H. Gold Inducted into The International Order of Fantastic Professionals
    Dr. Michael H. Gold Inducted into The International Order of Fantastic Professionals World News
  • Day 509: Second Explosion on the  Crimean Bridge
    Day 509: Second Explosion on the Crimean Bridge World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .