Global Pet Food Market Share
In 2019 north america is the largest geographical segment of the market studied and accounted for a share of around 39 2 of the overall market.
Global pet food market share. Increasing pet ownership among households backed by rising purchasing power are the major drivers for pet food globally. At global pet foods we provide your pets with holistic foods expertise and more. Global pet food market is expected to continue witnessing growth over the next five years and is projected to reach 98 billion by 2024 owing to the increasing number of pet owners across the globe. Global industry trends share size growth opportunity and forecast 2020 2025 report has been added to.
Historical market trends for the industry have been provided from 2015 2019 and forecasts have been presented till 2025. Global pet food industry by market size and growth. Thank you medical professionals. The market is further expected to grow at a cagr of 5 5 between 2020 and 2025 to reach a value of almost usd 136 4 billion by 2025.
It is expected to reach usd 113 08 billion by 2025 growing at a cagr of 4 5 percent. 4 4 global prescription pet food market share by price tier 2015 2020. We are giving away 2 000 bags of acana or orijen pet food giving back. The global pet food market size was valued at usd 90 13 billion in 2019 and is projected to reach usd 127 21 billion by 2027 exhibiting a cagr of 4 60 during the forecast period 2020 2027.
Pet food market 2020 global industry research report presents an in depth analysis of the pet food market size growth share segments manufacturers and technologies key trends market drivers. The global pet food market size was worth 91 billion in 2018. 17 2020 globe newswire the organic and natural pet food market. Nestlé purina north america colgate palmolive wellpet llc diamond pet foods petwell partners.
Increasing consumer awareness regarding natural and organic pet food products has forced the manufacturers to shift their focus from synthetic to natural products which has acted as one of the major forces impacting the global pet food market. Pet food market 2019 global analysis industry size share leaders current status by major key vendors and trends by forecast to 2026 pet food market report covers top players as mars inc. Low end mid range and high end. 5 covid 19 impact on global prescription pet food historic market analysis by application.