Global Pet Food Market
The download below contains a global overview of market figures illustrating the state of the pet industry worldwide.
Global pet food market. The market is expected to register a slow growth from 74 554 1 million in 2019 to 75 494 8 million in 2020 at a growth rate of 1 26. The global pet industry is considered one of the fastest growing market segments. Increasing consumer awareness regarding natural and organic pet food products has forced the manufacturers to shift their focus from synthetic to natural products which have acted as one of the major forces impacting the global market. This report covers covid 19 impact analysis on pet food market.
The global pet food market size was valued at usd 83 02 billion in 2018 and is expected to grow at a compound annual growth rate cagr of 4 5 from 2019 to 2025. Trade show 1st session was held between 22 and 26 june. 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 and local brands in south east asian the top five global pet food brands.
The non human ones at least. By offering a unique and wide selection of wholesome pet food accessories and supplies that encompasses these four elements we hope to help pet parents make informed decisions for the total health and well being of their companion pets. Global pet foods offers the best selection of pet food and pet care products at competitive prices. 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.
The global pet food market henceforth referred to as the market studied was valued at usd 87 08 billion in 2018 and it is expected to register a cagr of 5 4 during the forecast period. The global pet food market reached a value of nearly 74 554 1 million in 2019 having increased at a compound annual growth rate cagr of 2 7 since 2015. Find your nearest location. The global pet food market size was worth 91 billion in 2018.
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