Global Dog Food Market - Segmented by Ingredients and Region - Trends and Forecasts (2017 - 2022)
The pet food sector is among the fastest growing sectors within the food industry. Factors such as urbanization and a growing pet population have only fueled the progress of this industry. The total number of pet dogs owned in the US is 83.3 millions. Dog foods account for 71% of the pet food sales in the US. In the UK, 38% of the households own dogs. As pet food become more specialized, based on life stage and breed, pet owners preferred prepared over homemade food, to maintain the well being of their animals. Dogs worldwide are enjoying better food and longer live today. If you own a dog, you are majorly driving this trend. By the year 2017, demand for pet food is expected to boost sales to $95.7 billion across the globe. In dog treats, Argentina is the worlds fastest-growing market, with year-on-year gains of 21% expected in 2012. Consumers are looking at organic and natural foods and this trend is reflected on pet food as well. There is more demand for complete pet food that provides an animals entire nutritional needs than for complementary foods that can only be used in combination with other nutrient sources. In spite of the waning dog population and greater maturity than cat food, dog food is likely to bring a few surprises and dynamic trends in the short term. In this report we offer, 1) A key insight into the market size, share and forecast for dog foods 2) Analysis of the dominant regions in pet food including North America, Europe, Asia Pacific and the rest of the world. 3) Analysis of the drivers/inhibitors/opportunity analysis for each of the micro markets. 4) Segmentation of the dog food market by type of food- wet dog food, dry dog food, dog treats. Why should you buy this report? 1) For getting a comprehensive overview of the worldwide dog food market 2) To gain wide ranging information about the major players in this industry and the strategies adopted by them. 3) To understand which categories of dog foods are doing well in the market and which are not. 4) To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.