REPORT DESCRIPTION The global animal food market is likely to be driven by the <strong>in</strong>creas<strong>in</strong>g pet ownership <strong>in</strong> emerg<strong>in</strong>g countries <strong>in</strong> the com<strong>in</strong>g years, accord<strong>in</strong>g to a new report from Transparency <strong>Market</strong> Research (TMR). The report studies the development trajectory exhibited by the global animal food market and presents an analysis of the market’s current condition. Key <strong>in</strong>dicators derived from a solid analysis of these figures <strong>for</strong>m the basis of reliable predictions regard<strong>in</strong>g the market’s growth <strong>in</strong> the com<strong>in</strong>g years. The report is titled ‘Global <strong>Animal</strong> <strong>Food</strong> <strong>Market</strong> - Industry Size, Share, Trends, Analysis, And Forecasts 2012 – 2018.’ Know More About <strong>Animal</strong> <strong>Food</strong> <strong>Market</strong> Report At:http://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=297 One of the key drivers <strong>for</strong> the global animal food market is the <strong>in</strong>creas<strong>in</strong>g number of pet owners <strong>in</strong> developed as well as develop<strong>in</strong>g economies. While own<strong>in</strong>g a pet is already common <strong>in</strong> North America and Europe, lead<strong>in</strong>g to a firmly established presence of a strong sales network <strong>for</strong> animal food and accessories, pet ownership is an emerg<strong>in</strong>g phenomenon <strong>in</strong> develop<strong>in</strong>g countries <strong>in</strong> Asia Pacific and Lat<strong>in</strong> America. This presents an immense scope <strong>for</strong> future development of the animal food market, as the purchas<strong>in</strong>g power of consumers <strong>in</strong> these regions is grow<strong>in</strong>g steadily, lead<strong>in</strong>g to not only an <strong>in</strong>crease <strong>in</strong> the number of pet owners, but their purchas<strong>in</strong>g power <strong>in</strong> terms of premium pet food. The ris<strong>in</strong>g demand <strong>for</strong> meat and meat products has also had a favorable impact on the global animal food market, as it has given a boost to animal husbandry operations across the world. Despite the ris<strong>in</strong>g popularity of vegetarianism, this is likely to rema<strong>in</strong> a key driver <strong>for</strong> the animal food <strong>in</strong>dustry <strong>in</strong> the com<strong>in</strong>g years. Another key driver <strong>for</strong> the animal food market is the consistent technological advancement <strong>in</strong> the <strong>in</strong>dustry and the resultant improvement <strong>in</strong> the quality of the f<strong>in</strong>al product. This has helped the animal food <strong>in</strong>dustry create a favorable perception among consumers, as side effects of animal food are among the top concerns of pet owners. Technological development has also allowed the animal food <strong>in</strong>dustry to come up with a highly species-specific product catalog, which has had a notable effect on the demand <strong>for</strong> animal food. By product type, the global animal food market can be segmented <strong>in</strong>to dry dog food, moist dog food, dry cat food, moist cat food, treats, and others. Due to the popularity of dogs as pets, dog food is likely to rema<strong>in</strong> the lead<strong>in</strong>g contributor to the global animal food market <strong>in</strong> the com<strong>in</strong>g years. The report studies the competitive dynamics of the global animal food <strong>in</strong>dustry by study<strong>in</strong>g key players <strong>in</strong> the market such as Nutro Products, Inc., Chomp, Inc., BilJac <strong>Food</strong>s, Inc., LLC., Active Life <strong>Pet</strong> Products, Beowulf Natural Feeds, Inc., Chenango Valley <strong>Pet</strong> <strong>Food</strong>s, Inc., Arkat Nutrition, Artemis Company, Bench & Field <strong>Pet</strong> <strong>Food</strong>s, Breeder's Choice <strong>Pet</strong> <strong>Food</strong>s, Inc., Annamaet <strong>Pet</strong><strong>Food</strong>s, Cloud Star Corporation, Newman's Own Organic, BalanceDiet, Blue Seal Feeds, Inc., Bell Rock Growers, Inc., and Azmira Holistic <strong>Animal</strong> Care.
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