Pet Food Market Analysis, Potential Growth, and
Challenges till 2022
Global Pet Food Market developed and published by Market Research Place provides a brief and detailed knowledge
about key players, market state and circumstances that are covered deeply in this report. The report will offer significant
assessments for the period between 2012 and 2022. The business chain supporting the Pet Food market is analyzed in
detail covering accurate information about aspects such as the industrial chain, proficiency in utilization of the available
capacity of manufacture, and industry strategies that affect the market.
Global Pet Food Market is anticipated to reach USD 98.81 billion by 2022. The market is anticipated to grow at a healthy
rate in the years to come. The factors that propel the growth of the market include rapid urbanization &
industrialization, increasing demand, increasing trend of nuclear families, improved consciousness about pet health, and
fast humanization of pets, product development & technological innovations.
In addition, factors such as changing standard of living, rise in disposable income, increase in number of pet owners, and
growing pet humanization significantly fuel the market growth. On the other hand, there are factors that may hamper
the growth of the market such as growing obesity in pets and increasing pet allergies. The Pet Food Market is
anticipated to grow at a significant CAGR of 4.3% in the upcoming period as the scope, product types, and its
applications are increasing across the globe.
The market may be explored by food product, applications, sale channel, and geography. Pet Food Market may be
explored by food product as Wet/Canned Food, Dry Food, Snacks/treats, Nutritious Food, and Others. The “Dry
products” segment dominated the Pet Food Market in 2014 and anticipated to maintain its dominance by 2022. Dry
food products are mostly targeted for young animals due to their high nutritive value. These products are accessible in