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Pet Food Market Global Briefing 2018

Pet Food Market Global Briefing 2018

  • December 2017
  • 32 pages
  • ID: 5292791
  • Format: PDF
  • The Business Research Company
Up to $200 off Until May 31st 2020

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The pet food industry includes establishments involved in manufacturing dog and cat food from ingredients such as grains, oilseed mill products and meat products. This market does not include agricultural animal food.
Pet foods are specialty foods prepared according to the nutritional requirements of domesticated animals.

Pet foods are typically of three types
i) Dry Foods
ii) Canned Foods
iii) Semi-moist Foods

The global pet food market was estimated to be around $220 billion as of 2017.
The global pet food made up around 4% of the overall food and beverages market in 2017. The pet food market was the seventh largest market in the global food and beverages market in 2017.

Grain-Free Dog Foods
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.

These products are better concentrated sources of protein and also help in reducing dog food allergies. Merrick Grain Free, Wellness Core, Nature’s Variety, Horizon Legacy and Acana are some of the popular grain-free pet food brands available in the market. According to GfK, Germany’s largest market research institute, about 53% of new pet food items are now grain-free and account for 39% of overall pet food sales, thus indicating high demand for these products.

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