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Pet Milk Replacers Market By Pet Type (Dogs, Cats), Product Type
(Medicated, Non-medicated), Form Type (Liquid, Powder) & Region -
Forecast to 2021 - 2031
Pet Milk Replacers Market - Analysis, Outlook, Growth, Trends, Forecasts
August 2021 | REP-GB-12300 |
250 pages
|
Food and
Beverage
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Pet Milk Replacers Market Snapshot
As per a recent market analysis by Future Market Insights (FMI),
the global pet milk replacers market reached US$ 192.7 Mn in
2021. Growing prevalence of pet humanization trends across the
globe is a key factor bolstering consumers' expenditure on high-
quality pet milk replacers.
With a favorable demand outlook, FMI projects the market to
grow at a robust 7.10% CAGR through 2031. After countering
the initial impacts of COVID-19, sales are anticipated to recover
significantly. Product innovations by leading players are on the
cards, which will further foster growth in the pet milk replacers
market.
Key Points Covered in Pet Milk Replacers
Market Survey
Market estimates and forecast 2021-2031
Key drivers and restraints impacting market growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Brand share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Pet Milk Replacers Market and how to
Navigate
Recommendation on Key Winning Strategies
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Pet Milk Replacers Market Historic Sales
Compared to 2021-2031 Forecast Outlook
Demand for pet milk replacers registered a positive 6.30%
CAGR between 2016 and 2020. As the rate of pet ownership
increases by the year, commercial milk replacers for puppies
and kittens experienced high demand and the trend is
anticipated to continue through