According to IMARC Group’s latest report, titled “Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 112.87 Billion in 2021. Pet food is prepared by using plant and animal extracts that are safe for pet consumption. It generally contains meat by-products, seafoods, cereals, legumes, fats and oils. It provides essential nutrients, such as proteins, minerals, vitamins, calcium and phosphorus, which aids in preventing skin allergies and infections while improving the overall health of pets. Furthermore, it also ensures the overall development and life expectancy of pets.

Request for a PDF sample of this report: https://www.imarcgroup.com/pet-food-market/requestsample

The global market is primarily driven by the increasing preference for pet adoption and the rising trend of pet humanization among the masses. Moreover, the growing health concerns regarding pet health among pet parents are providing a boost to the sales of premium and fortified product variants across the globe. Some of the other factors contributing to the market growth include inflating disposable incomes of individuals, the proliferation of online and offline organized retail channels and the increasing investments by key players to launch natural and organic product variants in the market. Looking forward, IMARC Group expects the market to reach US$ 154.04 Billion by 2027, exhibiting a CAGR of 5.42% during 2022-2027.

Checkout Now: https://www.imarcgroup.com/checkout?id=667&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

• Mars Petcare Inc.
• Nestlé Purina Pet Care
• Hill's Pet Nutrition
• The J.M. Smucker Company

Market Segmentation:

Breakup by Pet Type:

• Dog Food
• Cat Food
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://bit.ly/35gi04T

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA - Wyoming

Email: [email protected]

Tel No:(D) +91 120 433 0800

Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800