Global Dog Food Market Boosted by Rising Pet-Adoption Rates
Copyright © IMARC. All Rights Reserved
About IMARC Group
Report Description
IMARC is a leading advisor on 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. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights
Report Description
Global Dog Food Market Boosted by Rising Pet-Adoption Rates The global dog food market is growing at a steady rate. The introduction of new product varieties, owing to the fluctuating consumer preferences and technological innovations, is the key factor which has contributed to the market expansion.
Dog food is manufactured for the consumption of dogs in order to provide them a nutritional diet. It is generally produced with highly nutritional ingredients such as oatmeal, potatoes, pea protein, sugarbased sweeteners, bone meal, chicken as well as liver chunks. As a result, dog food offers various health benefits like it enables digestion, improves immunity, and strengthens bones, muscles and teeth. A new research report by IMARC Group, titled “Dog Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023�, estimates that the market was worth US$ 49.1 Billion in 2017. The report further anticipates the market to cross US$ 61.1 Billion by 2023, at a projected CAGR of 3.7% over the forecast period.
Report Description and Highlights
Report Description Market Drivers/Constraints: • • • •
Surging geriatric population, elevating incomes and improving standards of living in developing nations are some of the factors that have led to an increase in the pet-adoption rates, particularly dogs. This has encouraged the growth of the global dog food market. Over the years, one of the major trends that has been witnessed globally is rising pet humanisation and premiumisation. Nowadays, dog owners consider their pets as a part of their family and are willing to spend on high-quality and premium products for them. Keeping in the mind the changing preferences of dog owners, manufacturers are coming up with innovative and healthier product varieties in the market, complying with the high manufacturing standards. However, there are several factors that hamper the market growth. Obesity and allergies of the pet is categorised as a huge concern amongst dog-owners as well as various institutions.
Read full report @ https://www.imarcgroup.com/dog-food-manufacturing-plant
Report Description and Highlights
Report Description
Product Type Insights: On the basis of type, there are different variants of dog food available in the market. Currently, dry dog food, accounts for the majority of the market share. It is followed by dog treats and wet dog food. Regional Insights: On a geographical front, North America represents the leading market for dog food, holding the majority of the market share. It is followed by Asia-Pacific, Western Europe, Eastern Europe, Latin America, and Middle East and Africa. Competitive Landscape: The market is highly concentrated in nature with the presence of top three manufacturers. There is an intense competition in the market which makes it difficult for new manufacturers to enter. The leading players operating in the market are: • Nestlé • Mars • Colgate-Palmolive.
Request Sample Of The Report: https://www.imarcgroup.com/request?type=report&id=614&flag=B
Report Description and Highlights Report Description Browse more related reports:
Pet Food Market: https://www.imarcgroup.com/pet-food-market
US Pet Food Market: https://www.imarcgroup.com/us-pet-food-market
Report Description and Highlights
Report Description
Š 2017 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
Contact Us
FOR MORE DETAILS Visit us at :
http://www.imarcgroup.com Stay With Us:
TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com