Animal And Pet Food industry comprises establishments primarily engaged in manufacturing food and feed for animals and pets from ingredients, such as grains, oilseed mill products, and meat products.
Animal and Pet Food Global Market Size
The global animal and pet food market was valued at $456.8 billion in 2017. Asia Pacific was the largest geographic region accounting for $158.5 billion or 34.7% of the global market. The USA was the largest country accounting for $79.4 billion or 17.4% of the global animal and pet food market.
Animal and Pet Food Global Market Trend
The increasing humanization of pets is enabling pet food manufacturers to offer premium products targeted towards pet owners. Humanization of pets implies that pet owners treat pets like members of their family, and thus they are increasingly buying premium and super-premium foods and sophisticated snacks and treats for pets. Premium pet foods are natural, organic, have higher quality and are safer than regular pet foods. Mars’ Sheba Perfect Portions Pate, Nestle Merrick’s Purrfect Bistro Gourmet Shreds and Purina Fancy Feast Broths are common super-premium pet food products.
The companies covered are Nestlé Purina, Mars Petcare Inc., Big Heart Pet brands, Blue Buffalo, and Hill's Pet Nutirion.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Animal and Pet Food Global Market Segmentation
The animal and pet food market is segmented into Pet Food; and Animal Food.
Pet Food includes establishments involved in manufacturing dog and cat food and other animal food from ingredients such as grains, oilseed mill products and meat products. This market does not include agricultural animal food.
Animal Food segment comprises establishments involved in manufacturing animal food (except dog and cat food), such as fish food, livestock feeds, poultry feeds, bird feeds, earthworm food, rabbit food and others.