Pet Food Manufacturing Market Forecast To Grow At A Higher Rate
Posted by sainath on January 31st, 2019
The Business Research Company’s pet food manufacturing global market report, covers the year-on-year growth of the global pet food manufacturing market historic and forecast growth. It also includes chapters on the pet foodmanufacturing market trends, geographical analysis, and competitive landscape.
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The pet food manufacturing market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.
Pet Food Manufacturing Market Trends
The pet food manufacturing market consists of sales of pet foods by entities (organizations, sole traders and partnerships) that produce dog and cat food and other animal food from ingredients such as grains, oilseed mill products and meat products. This market does not include agricultural animal food.
The increasing humanization of pets is enabling pet food manufacturers to offer premium products targeted towards pet owners. Humanization of pets implies that pet owners treat pets like members of their family, as the major trends witnessed in the global pet food manufacturing market.
The global pet food manufacturing market is primarily driven by emerging markets growth, increase in disposable income and improved earning capacity.
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The global pet food manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With busy lifestyle, influence of social media on the market, impact of new cuisines on the market, and low cost foods, the global pet food market is expected to increase in potential and scope. TBRC’s report also covers the pet food manufacturing drivers and restraints in the market.
The global pet food manufacturing market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global pet food manufacturing market report are Mars Petcare Inc, Nestle Purina Petcare, Nutreco, Hill's Pet Nutrition, and InVivo Animal Nutrition and Health.
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About the Authorsainath
Joined: June 13th, 2018
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