With the growing culture of pet humanisation, dog owners have started treating their dogs as family members. Owing to this, the focus of the pet food industry has also shifted towards the health and wellness solutions. Additionally, product premiumisation has incited dog owners to demand for the best food products for their pets. Not only do they look up for flavours and taste but also demand products with high nutritional benefits, good quality ingredients and high manufacturing standards.
Get Free Sample Report For Market Study – https://www.expertmarketresearch.com/request?type=report&id=19&flag=B
Currently, the dog food market represents a multibillion-dollar business and the largest segment of the global pet care market. According to a new report by Expert Market Research, the global dog food market reached a value of US$ 53 Billion in 2018 and is further expected to reach US$ 66 Billion by 2024. The market growth can be accredited to a number of factors. With rising dog ownership in both developed and emerging markets, there has been a surge in the global demand for dog food. Moreover, increasing consumer awareness on the benefits of quality pet food has also facilitated the market growth. Some of the other growth inducing factors include rising disposable incomes, changing lifestyle, rapid urbanisation and product innovations.
Read Full Report & TOC – https://www.expertmarketresearch.com/reports/dog-food-market
Expert Market Research has analysed the global dog food market according to types, major regions and top players:
Market breakup by Type:
1. Dry Dog Food
2. Dog Treats
3. Wet Dog Food
Market breakup by Region:
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
Top players:
1. Mars
2. Nestle
3. Colgate-Palmolive
4. Hills Pet
5. Iams (P&G)
6. Eukanuba (P&G)
7. Del Monte Foods
8. Diamond Pet Foods
9. Blue Buffalo
10. Heristo AG
11. Affinity Petcare SA
Key findings from the report:
1. Different types of dog food include dry dog food, dog treats and wet dog food. In 2018, dry dog food represented the most popular type of dog food, with the majority of the market share. It has a comparatively lower price and is convenient in terms of storage and feeding as it can be left out for longer time without any fear of spoilage.
2. Region-wise, North America dominated the market with a share of more than a third of the total global market. Some of the other major markets include Europe, Asia-Pacific, Middle East and Africa, and South America.
3. Being highly concentrated in nature, the global dog food market is surrounded by the top three players with the majority of shares. These include Mars, Nestle and Colgate-Palmolive. Some of the other players include Hills Pet, Iams (P&G), Eukanuba (P&G), Del Monte Foods, Diamond Pet Foods, Blue Buffalo, Heristo AG and Affinity Petcare SA.
4. Keeping in mind the requirements of consumers, these players are broadening their product portfolio by offering nutritious and organic products.
Related Report:
https://www.expertmarketresearch.com/reports/animal-feed-organic-trace-minerals-market
https://www.expertmarketresearch.com/reports/corn-steep-liquor-market
https://www.expertmarketresearch.com/reports/feed-anticoccidials-market
https://www.expertmarketresearch.com/reports/aquaculture-feed-market
https://www.expertmarketresearch.com/reports/plasma-feed-market
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking Our currrent customers include Unilever (NYSE: UL), Nestle SA (OTCMKTS: NSRGY), L’Oreal (OTCMKTS: LRLCY).
Contact us
Expert Market Research
Twitter: @expertmresearch
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
USA/Canada: +1-415-325-5166 | UK: +44-702-402-5790
LinkedIn: https://www.linkedin.com/company/expert-market-research