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Pet Food Market – Global Opportunities & Forecast, 2020-2027

The significant drivers responsible for the growth of the pet food market include the growing adoption rate of pets and the rising demand for premium pet foods. The increasing disposable income of the middle-class population has led to an upsurge in pets' total spending capacity.<br>Visit: https://www.gmiresearch.com/report/pet-food-market/<br>

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Pet Food Market – Global Opportunities & Forecast, 2020-2027

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  1. Report Title Pet Food Market – Global Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1

  2. The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study. Competitive Rivalry of the Pet Food Market: The leading players in the pet food market include Mars Incorporated, Nestlé Purina, Hill’s Pet Nutrition, Inc., The J.M. Smucker Company, Blue Buffalo Pet Products, Inc., WellPet LLC, and Diamond Pet Foods, Omega Protein Corporation, Nutriara Alimentos Ltd., and Deuerer, among others. Drivers of the Pet Food Market: The significant drivers responsible for the growth of the pet food market include the growing adoption rate of pets and the rising demand for premium pet foods. The increasing disposable income of the middle-class population has led to an upsurge in pets' total spending capacity. With the growing trend of keeping a pet as a companion of the owners and the increasing health concerns of the pets, the pet owners are looking for healthy pet food options to maintain the health of their animals. About 95% of the pet owners assume their pets as a part of their family; hence, they focus on the importance of the quality in the pet food. The significant change in the consumer’s preference to opt for vegan and grain-free pet food products will further increase the market’s demand. The pet food products comprise fruits, vegetables, lamb meal, chicken meal, and other preservatives, which enhance the flavor, color, and texture of the food items. All these factors will promote pet owners to opt for pet food products during the forecast period. The easy availability of pet food products across several platforms such as supermarkets, retails shops, and online stores will further create various opportunities for the growth of the pet food market. 2

  3. Numerous market players emphasize product innovation, including the launch of vegan and grain-free pet food products to meet the emerging demands among pet owners. Market Segmentation: The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below: Breakup by Product: •Dry Food •Wet/Canned Food •Nutritious Food •Snacks/Treats •Others Breakup by Application: •Dog •Cat •Others Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW 3

  4. oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 4

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