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Global pet food market size is expected at 94.97 Bn by 2027 at a growth rate of 7.2% and growth report by The Business Research Company.
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Pet Food Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Pet Food Market Segments The Business Research Company segments it’s pet food market report as: Dog And Cat Food, Other Pet Food By Type By Distribution Channel Specialized Pet Shops, Internet Sales, Hypermarkets, Other Distribution Channels Animal Derivatives, Plant Derivatives, Synthetic By Ingredients
Market Statistics The global pet food market size grew from $66.45 billion in 2022 to $72.02 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The market size of global pet food market is expected to grow to $94.97 billion in 2027 at a CAGR of 7.2%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The pet food manufacturing market's growth is aided by stable economic growth forecasted in many developed and developing countries. Trends Pet food manufacturing companies are using automation technologies such as advanced production lines and software solutions to improve safety and operational efficiency. • Region North Americawas the largest region in pet food market. The regions covered in the global pet foodmarket report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Market Players • Major players in the pet food market are: • Mars Incorporated • Nestle S.A. • Diamond Pet Foods Inc. • J.M. Smucker Company • Colgate-palmolive coAnd more. Get More Information On The Pet Food Market Report
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