Global Pet Food Market, 2016 – 2022

Pet Food Market
The sharp rise in pet humanization and concerns along with increasing disposable income is
expected to fuel the growth of the pet food market in near future. Reluctance for daily cooking
in the majority of the U.S populace is likely to urge the market growth in coming years.
Availability of different pet food products in the market may impel the growth of the market in
the forecast period. Growing occurrence of obese pets had regulated various laws for nutrition
content of the pet food which may obstruct the growth of the pet food market in coming years.
Nevertheless, the introduction of high nutritious value food is expected to endow the pet food
market with ample opportunities in the forecast period.
Some of the major pet food products include dry food, wet food, nutrition food, snacks and
others. Dry food held the major slice of the pie in 2015 and is likely to clutch the market in the
coming years. Dry food encompasses longer shelf life as compared to wet food coupled with
ease of storage. Yet, nutrition food is likely to uphold the pet food market in the near future
owing to growing anxiety for pet’ health. Dogs, cats, and others are the major end users for the
pet food market. The other segment includes birds and fish. Dogs segment dominated the
market owing to the majority of the pet food are consumed by dogs. Cats segment is expected
to be the fastest growing segment owing to growing affection towards cats.
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