PUBLISHER: BCC Research | PRODUCT CODE: 1284950
PUBLISHER: BCC Research | PRODUCT CODE: 1284950
The global pet food market should reach $145.3 billion by 2028 from $113.1 billion in 2023 at a compound annual growth rate (CAGR) of 5.1% for the forecast period of 2023 to 2028.
North American pet food market is expected to grow from $37.6 billion in 2023 to $47.6 billion in 2028 at a CAGR of 4.8% for the forecast period of 2023 to 2028.
Asia-Pacific pet food market is expected to grow from $16.5 billion in 2023 to $21.9 billion in 2028 at a CAGR of 5.8% for the forecast period of 2023 to 2028.
This report incorporates an in-depth pet food market analysis, including market estimations and trends through 2028. The report is focused on estimating the market for pet food, which covers product type, ingredient type, distribution channel, and pet category. Major players, competitive intelligence, systems and technologies, market dynamics, and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The report presents a market analysis and estimates pet food's compound annual growth rate (CAGR).
This report segments the global market by these geographic regions: North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. For market estimates, data is provided for 2022 as the base year, 2023, and forecast through year-end 2028.
The report also discusses the major players across each regional pet food market. Further, it explains the major drivers and regional dynamics of the global pet food market and current trends within the industry. The report concludes with a particular focus on the vendor landscape and includes detailed profiles of the major vendors in the market.