Dog Food Market 2020 Global Industry Analysis by Key Players, Share, Revenue, Trends, Organizations Size, Growth, Opportunities, And Regional Forecast to 2025
23/nov/2020 05:57:45 IMARC Group Contatta l'autore
According to IMARC Group's recently published report titled "Global Dog Food Market Share, Size, Growth, Price Trends and Forecast 2020-2025", the market size was worth US $ 53 Billion in 2019. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2020-2025.
Dogs require a well-balanced diet to perform daily activities, build immunity and maintain their overall health. Currently, there is a rise in the demand for dog food across the globe as it provides proteins, carbohydrates, fats, vitamins and minerals. As a result, it aids in ensuring their oral health, maintaining appropriate weight and energy levels, and strengthening bones, muscles and teeth.
Some of the major players operating in the industry include Mars Petcare, Inc., NESTLE SA (NSRGY), Hill's Pet Nutrition, Procter & Gamble Co (NYSE: PG), and Del Monte Produce Inc. (NYSE: FDP)
Global Dog Food Market Trends:
Owing to the trend of pet humanization and the rising influence of social media, there is an increase in the ownership of dogs across the globe. This, in confluence with the increasing awareness of their health, represents one of the key factors driving the global dog food market growth. Furthermore, the burgeoning e-commerce sector has led to the easy availability of dog food through online distribution channels, which offers convenience to pet owners. Besides this, several manufacturers operating in the industry are introducing innovations in their packaging, such as foldout labels, which is expected to propel the market growth in the coming years.
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase 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.
For more information about this report: https://www.imarcgroup.com/dog-food-manufacturing-plant
Global Dog Food Market Segmentation:
Performance of Key Regions
North America
Western Europe
Asia-Pacific
Latin America
Eastern Europe
Middle East & Africa
Market by Product Type
Dry Dog Food
Dog Treats
Wet Dog Food
Market by Pricing Type
Mass Products
Premium Products
Market by Ingredient Type
Animal Derived
Plant Derived
Market by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online
Others
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