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
  • War in Ukraine, Analytics. Day 789 (part2): Zelensky, 5 Years In Power,  Trends and Results
    War in Ukraine, Analytics. Day 789 (part2): Zelensky, 5 Years In Power, Trends and Results World News
  • U.S. Support for WCO Secretary General Candidacy of Ian Saunders
    U.S. Support for WCO Secretary General Candidacy of Ian Saunders World News
  • SportsEdTV & USPTA Team Up to Help Teaching Pros and Students
    SportsEdTV & USPTA Team Up to Help Teaching Pros and Students Business
  • Projected to Reach 6.31 Billion by 2028 with an Impressive 12.2% CAGR
    Projected to Reach $316.31 Billion by 2028 with an Impressive 12.2% CAGR World News
  • Limos4 Announces Strategic Partnership with United Limousines in Germany
    Limos4 Announces Strategic Partnership with United Limousines in Germany Business
  • A Look into the Emerging Trends and Opportunities in the Dental Polishing Machine Market, 2023-2032
    A Look into the Emerging Trends and Opportunities in the Dental Polishing Machine Market, 2023-2032 Business
  • NO WAY OUT: Pugachev interview to Feygin on Putin’s character and decision-making style, 2022-11-13
    NO WAY OUT: Pugachev interview to Feygin on Putin’s character and decision-making style, 2022-11-13 World News
  • The Rising Demand for Skilled Professionals in the Aviation Sector
    The Rising Demand for Skilled Professionals in the Aviation Sector Aviation
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

  • Spectrm State of Social Conversational Commerce 2023 Report Finds Consumers Spend More With Brands That Communicate on Messaging Apps
    Spectrm State of Social Conversational Commerce 2023 Report Finds Consumers Spend More With Brands That Communicate on Messaging Apps Business
  • RI SELF-EMPLOYMENT DIRECTOR SUE BABIN WINS NATIONAL AWARD FROM APSE (ASSOCIATION OF PEOPLE SUPPORTING EMPLOYMENT FIRST)
    RI SELF-EMPLOYMENT DIRECTOR SUE BABIN WINS NATIONAL AWARD FROM APSE (ASSOCIATION OF PEOPLE SUPPORTING EMPLOYMENT FIRST) Business
  • MCAN Health Celebrates 10 Years of Transforming Medical Travel in Turkey
    MCAN Health Celebrates 10 Years of Transforming Medical Travel in Turkey Business
  • Web Success Portal (Success Study LLC) Announces Expansion of Business Services, Building on Client Success
    Web Success Portal (Success Study LLC) Announces Expansion of Business Services, Building on Client Success Business
  • Aadmi Announces Spin-Off EOR Service to Create Engage Anywhere
    Aadmi Announces Spin-Off EOR Service to Create Engage Anywhere Business
  • MantaPay Launches on Calamari Network
    MantaPay Launches on Calamari Network Business
August 2025
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Fabrica Kraft Partners with UltraLeather® to Launch Sustainable, High‑Performance Upholstery ProductsAugust 1, 2025
  • Intelligent Diva Set to Release ‘Run Me My Money’ Single and Launch Tech-Infused AI Fashion Suit CollectionJuly 31, 2025
  • Aston University Professor Presents New Research on AI-based Software-Defined Neuromorphic Computing at IEEE CLOUD 2025July 30, 2025
  • Community Action of Napa Valley Opens Outdoor Learning Center & Playground Thanks to CalFire GrantJuly 30, 2025
  • Adaptive Robotics Market to Surge from $5.0 Billion in 2020 to $55.1 Billion by 2030, with a CAGR of 26.3%July 29, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • PelicanCorp to Appear at the Canadian Common Ground Alliance Damage Prevention Symposium
    PelicanCorp to Appear at the Canadian Common Ground Alliance Damage Prevention Symposium Business
  • LinkJuce SEO Digital Marketing Acquire the National Brand Account of tukr
    LinkJuce SEO Digital Marketing Acquire the National Brand Account of tukr Business
  • U.S. Sanctions Leadership of Iranian UAV Manufacturer
    U.S. Sanctions Leadership of Iranian UAV Manufacturer World News
  • The Future of Health Competition Winner Announced
    The Future of Health Competition Winner Announced Business
  • War Day 302: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 302: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Applications Now Open for Exponential Impact’s High Tech, Commercial Accelerator
    Applications Now Open for Exponential Impact’s High Tech, Commercial Accelerator Business
  • Assistant Secretary Pyatt’s Travel to Houston
    Assistant Secretary Pyatt’s Travel to Houston World News
  • Assistant Secretary Pyatt’s Travel to Houston
    Joint Statement on the Strategic Dialogue Between the United States and Poland 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 .