The Business Research Company published its Animal And Pet Food Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Animal And Pet Food market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus. The report covers the Animal And Pet Food market’s segments- by type: pet food manufacturing, animal food manufacturing, by distribution channel: supermarkets/hypermarkets, convenience stores, e-commerce, others, by ingredients: animal derivatives, plant derivatives, synthetic. Subsegments covered are dog and cat food, other pet food, poultry feed, cattle feed, aquaculture feed, other animal food.
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Animal And Pet Food Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global animal and pet food market is expected to grow from $306.3 billion in 2019 to $315.3 billion in 2020 at a compound annual growth rate (CAGR) of 3%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $388.3 billion in 2023.
The increasing humanization of pets is enabling pet food manufacturers to offer premium products targeted towards pet owners. Humanization of pets implies that pet owners treat pets like members of their family, and thus they are increasingly buying premium and super-premium foods and sophisticated snacks and treats for pets. Premium pet foods are natural, organic, have higher quality and are safer than regular pet foods.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Animal And Pet Food Market Characteristics
4. Animal And Pet Food Market Product Analysis
5. Animal And Pet Food Market Supply Chain
20. Animal And Pet Food Market Competitive Landscape
21. Key Mergers And Acquisitions In The Animal And Pet Food Market
22. Market Background: Food And Beverages Market
25. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Animal And Pet Food Market, 2019, By Region, Value ($ Billion)
Table 119: Global Animal And Pet Food Market In 2023- Growth Countries
Table 120: Global Animal And Pet Food Market In 2023- Growth Segments
Table 121: Global Animal And Pet Food Market In 2023- Growth Strategies
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