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Global Pet Food Market: Industry Analysis & Outlook (2019-2023)

Global Pet Food Market: Industry Analysis & Outlook (2019-2023)

Pet food is a specialty food for domesticated animals that is formulated according to their nutritional needs. Most of the pet foods contain a combination of protein, carbohydrate sources, vitamins, minerals, fats, and preservatives. It is intended to provide necessary nutrients to pet animals that are essential for their good health. Pet foods are categorized into four types such as – dry pet food, semi-moist pet food, canned/wet pet food and raw pet food. It is made with fine quality of dairy products, cereal, grains, animal flesh, oils and fats.

The overall scenario of global pet food market has changed dynamically over the years. The changing approach of consumers towards owning pets and subsequently caring about pet’s health is driving the overall market. Pet owners are feeding their pets with high quality premium pet food, due to increasing awareness about various nutritional benefits of pet food. The market is surging ahead due to the trend of nuclear families; with pets being treated as a part of the family. Among all the pet foods, cats and dogs food dominate the pet food market by a large margin of sales across the world. Factors such as increasing disposable income, rising urbanization, rise in pet ownership across the world and growing e-commerce business of pet food have driven the growth of the global pet food market.

Regionally, the market is segmented into - North America, Western Europe, Latin America, Asia Pacific, Eastern Europe, Australasia and Middle-East & Africa. North America dominated the global pet food market by a major share, owing to the rising trend of pet humanization and growing urbanization. Several small pet food manufacturers are expanding their product line by launching new variety of flavors to capture the attention of pet owners.

The global pet food market is majorly concentrated with four key players - Nestle, General Mill, Colgate-Palmolive Company and the J.M. Smucker Company. Among all the key players, Nestle rules the global market with its high revenue. The continuous efforts of these key players to improve their product portfolio has helped them to occupy a significant position in the global pet food market.


1. Overview
1.1 Pet Food
1.2 Types of Pet Food
Table 1: Types of Pet Food
1.3 Processing of Pet Food
Table 2: Processing of Dry Pet Food
1.4 Pet Food Ingredients Management
Table 3: Pet Food Ingredients Management
2. Global Pet Food Market Analysis
2.1 Global Pet Food Market by Value
Table 4: Global Pet Food Market by Value (2014-2018)
2.2 Global Pet Food Market by Value Forecast
Table 5: Global Pet Food Market by Value Forecast (2019-2023)
2.3 Global Pet Food Market Value by Pet Type
Table 6: Global Pet Food Market Value by Pet Type (2018)
2.3.1 Global Dog Food Market Value Forecast
Table 7: Global Dog Food Market Value Forecast (2018-2023)
2.3.2 Global Cat Food Market Value Forecast
Table 8: Global Cat Food Market Value Forecast (2018-2023)
2.4 Global Pet Food Market Value by Region
Table 9: Global Pet Food Market Value by Region (2018)
3. Regional Pet Food Market Analysis
3.1 North America
3.1.1 North America Pet Food Market by Value
Table 10: North America Pet Food Market by Value (2014-2018)
3.1.2 North America Pet Food Market Value Forecast
Table 11: North America Pet Food Market Value Forecast (2019-2023)
3.1.3 North America Pet Food Market Value by Type
Table 12: North America Pet Food Market Value by Type (2018)
3.1.4 North America Dog Food Market Value Forecast
Table 13: North America Dog Food Market Value Forecast (2018-2023)
3.1.5 North America Cat Food Market Value Forecast
Table 14: North America Cat Food Market Value Forecast (2018-2023)
3.2 Western Europe
3.2.1 Western Europe Pet Food Market by Value
Table 15: Western Europe Pet Food Market by Value (2014-2018)
3.2.2 Western Europe Pet Food Market Value Forecast
Table 16: Western Europe Pet Food Market Value Forecast (2019-2023)
3.2.3 Western Europe Pet Food Market Value by Type
Table 17: Western Europe Pet Food Market Value by Type (2018)
3.2.4 Western Europe Cat Food Market Value Forecast
Table 18: Western Europe Cat Food Market Value Forecast (2018-2023)
3.2.5 Western Europe Dog Food Market Value Forecast
Table 19: Western Europe Dog Food Market Value Forecast (2018-2023)
3.3 Latin America
3.3.1 Latin America Pet Food Market by Value
Table 20: Latin America Pet Food Market by Value (2014-2018)
3.3.2 Latin America Pet Food Market Value Forecast
Table 21: Latin America Pet Food Market Value Forecast (2019-2023)
3.3.3 Latin America Pet Food Market Value by Type
Table 22: Latin America Pet Food Market Value by Type (2018)
3.3.4 Latin America Dog Food Market Value Forecast
Table 23: Latin America Dog Food Market Value Forecast (2019-2023)
3.3.5 Latin America Cat Food Market Value Forecast
Table 24: Latin America Cat Food Market Value Forecast (2019-2023)
3.4 Asia Pacific
3.4.1 Asia Pacific Pet Food Market by Value
Table 25: Asia Pacific Pet Food Market by Value (2014-2018)
3.4.2 Asia Pacific Pet Food Market Value Forecast
Table 26: Asia Pacific Pet Food Market Value Forecast (2019-2023)
3.5 Eastern Europe
3.5.1 Eastern Europe Pet Food Market by Value
Table 27: Eastern Europe Pet Food Market by Value (2014-2018)
3.5.2 Eastern Europe Pet Food Market Value Forecast
Table 28: Eastern Europe Pet Food Market Value Forecast (2019-2023)
3.6 Australasia
3.6.1 Australasia Pet Food Market by Value
Table 29: Australasia Pet Food Market by Value (2014-2018)
3.6.2 Australasia Pet Food Market Value Forecast
Table 30: Australasia Pet Food Market Value Forecast (2019-2023)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing Disposable Income
Table 31: Global GNI per Capita (2014-2018)
4.1.2 Rising Urbanization
Table 32: Global Urban Population (2014-2018)
4.1.3 Rise in Pet Ownership across the World
4.1.4 Increasing Awareness about Nutritional Benefits of Pet Food
4.1.5 Growing E-Commerce Business in Pet Food
4.2 Key Trends and Developments
4.2.1 Dogs and Cats Dominate Pet Ownership
Table 33: Global Pet Ownership by Pet types (2018)
4.2.2 Humanization of Pets
4.2.3 Premiumization of Pet Food
4.3 Challenges
4.1.1 High Prices of Pet Food
4.1.2 Increasing Obesity in Pets
4.1.3 Stringent Legal Regulations
5. Competitive Landscape
5.1 The Global Market
5.1.1 Key Players- Share in Global Pet Food Market
Table 34: Share of Key Players in Global Pet Food Market (2018)
5.1.2 Key Players - Revenue Comparison
Table 35: Revenue Comparison of Key Players (2018)
5.1.3 Key Players- Market Cap Comparison
Table 36: Market Cap Comparison of Key Players (2018)
5.2 The U.S. Market
5.2.1 Key Players- Share in US Pet Food Market
Table 37: Share of Key Players in US Pet Food Market (2018)
6. Company Profiles
6.1 Nestle S.A.
6.1.1 Business Overview
Table 38: Nestle S.A. Net Sales by Products Segments (2018)
6.1.2 Financial Overview
Table 39: Nestle S.A. Net Sales and Net Profit (2014-2018)
6.1.3 Business Strategies
Table 40: Nestle S.A. Research and Development Expenditures (2016-2018)
6.2 General Mills
6.2.1 Business Overview
Table 41: General Mills Net Sales by Segment (2018)
6.2.2 Financial Overview
Table 42: General Mills Net Sales and Net Earnings (2014-2018)
6.2.3 Business Strategies
Table 43: General Mills R&D Expenditure (2016-2018)
Table 44: General Mills Advertising Expenditure (2016-2018)
6.3 Colgate - Palmolive Company
6.3.1 Business Overview
Table 45: Colgate- Palmolive Company Net Sales by Segment (2018)
6.3.2 Financial Overview
Table 46: Colgate- Palmolive Company Net Sales and Net Income (2014-2018)
6.3.3 Business Strategies
Table 47: Colgate- Palmolive Company R&D Expenditure (2016-2018)
Table 48: Colgate- Palmolive Company Advertising Expenditure (2016-2018)
6.4 The J.M. Smucker Company
6.4.1 Business Overview
Table 49: The J.M. Smucker Company Net Sales by Product Segments (2018)
6.4.2 Financial Overview
Table 50: The J.M. Smucker Company Net Sales and Net Income (2014-2018)
6.4.3 Business Strategies
Table 51: The J.M. Smucker Company Research and Development Expenditure (2016-2018)
Table 52: The J.M. Smucker Company Advertising and Promotion Expenditures (2016-2018)

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