The pet food industry 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.
The top five companies covered are Mars Petcare Inc., Nestle Purina Petcare, Nutreco, Hill's Pet Nutrition (a subsidiary of Colgate-Palmolive Company), InVivo Animal Nutrition and Health. Mars Petcare Inc. was the largest company in the pet food market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Pet Food Global Market Size
The global pet food market was valued around $219 billion in 2017. North America was the largest region in the pet food market in 2017, accounting for around 37% of the total market. The USA was the largest country in the market accounting for around 28% of the total market.
Pet Food Global Market Trend
Pet food manufacturers are producing grain-free dog food in response to changing consumer preferences and varying nutritional requirements of dogs. Grain-free dog foods do not contain wheat, barley, corn, oats or rice, and use higher quality ingredients such as real chicken, beef, salmon, whitefish, turkey, tuna and eggs.
Pet Food Global Market Segmentation
The pet food market is segmented into Dog & Cat Food, and Other Animal Food.
Dog & Cat Food segment includes establishments involved in manufacturing dog and cat food from ingredients such as grains, oilseed mill products and meat products.
Other 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.