Cat Food and Snacks Market Research Report
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Global Cat Food and Snacks Market by Product Type and By Region – Forecast Report, 2020–2027
The GMI Research expects that the Cat Food and Snacks Market will notice an augmentation in demand over the forecast period. This is because of the rising focus to balance dry and wet food items, growing apprehension towards health of cats, mounting population and soaring disposable income.
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Introduction of the Cat Food and Snacks Market
Cat food and snacks includes dietary nourishment to ease the growth of cats. The animal requires a massive quantity of protein to sustain their developing bodies and helps to maintain the overall lean body mass as adults. The food products are a combination of several ingredients, such as vitamin A, C, D, and amino acids, and offers different flavours and texture with appetizing taste.
Key Players of Market:
• Harringtons Pet Food
• WellPet LLC
• Hill’s Pet Nutrition
• The J.M. Smucker Company
• General Mills, Inc.
• Schell & Kampeter, Inc.
• PetGuard Holdings, LLC
Cat Food and Snacks Market Dynamics
The increasing apprehension towards the health of cats, especially across millennials as they seek for different types of food with remarkable nutritional content is one of the major factors supplementing the growth of the cat food and snacks market. In addition, the leading manufacturers are increasingly emphasizing on product innovations to capture the altering consumer demand. For example, several leading players are introducing an extensive range of superior pet food products, like, the organic and gluten-free alternatives to enlarge their product portfolio. Thus, this ongoing innovation in pet food will pave the way for market growth. Furthermore, the growing tendency towards pet adoption and nuclear families is persuading individuals to choose modern pet food, thereby supplementing the market growth. On the other hand, the increasing managerial restrictions in the pet food sector, executed by regulatory bodies such as FDA and AAFCO, may hinder the cat food and snacks market opportunities.
Product Type Segment Drivers
Based on the Product Type, the market is divided into Dry Cat, Treats/Snacks, Wet Cat, Veterinary Diets, and Organic food. Amongst which, the Dry Cat Food is contemplated to dominate the market over the coming years. This is mainly because of the aggravating consciousness across pet owners about the notable advantages of the product. Moreover, as per the cat food and snacks market statistics, the food items are user friendly, easy to feed with a larger shelf life and higher nutrients.
Based on the regional coverage, Asia-Pacific will hold the largest market share due to the rising cat ownership, majorly across emerging nations like India, China, and Thailand. Also, the transpiring tendency of private label store brands as well as the increasing recognition of packaged food attracts consumers towards market. Furthermore, the mounting cat population is driving the cat food and snacks market size.
Cat Food and Snacks Market Segmentation:
Segmentation by Product Type
• Dry Cat Food
• Wet Cat Food
• Organic Products
Segmentation by Ingredient Type
• Cereal and Cereal By-Products
• Other Ingredient Types
Segmentation by Distribution Channel
• Specialized Pet Food Shops
• Online Stores
Segmentation by Pricing Type
Segmentation by Region:
• Asia Pacific
o Rest of APAC
• North America
o United States of America
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
About GMI Research
The organization is a consulting and market research company offering enlightenment on business and research reports for small, medium, and large organisations. The research team assist in acknowledging the effect of dynamic, such as size, share, drivers, opportunities, etc. Our team of experts perform market intelligence studies to certify that all pertinent and research based on facts reaches across different sectors. The team collects all the required about the industry to comprehend our clients with the unfolding obstacles and opportunities. The organization got highlighted in the list of Silicon India Magazine, 2018 as one of the Most Promising Market Research Consultants. We always try to assist our clients to make a sound decision.
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