The Business Research Company’s Animal And Pet Food Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, July 22, 2022 /EINPresswire.com/ -- According to ‘Animal And Pet Food Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the animal and pet food market size is expected to grow from $348.7 billion in 2021 to $386.7 billion in 2022 at a compound annual growth rate (CAGR) of 10.9%. As per TBRC’s animal and pet food market outlook the market size is expected to grow to $562.14 billion in 2026 at a CAGR of 9.8%. The animal and pet food industry growth is aided by stable economic growth forecasted in many developed and developing countries.
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The animal and pet food market consists of sales of animal and pet foods by entities (organizations, sole traders, and partnerships) that produce food and feed for animals and pets from ingredients, such as grains, oilseed mill products, and meat products.
Global Animal And Pet Food Market Trends
Pet food manufacturing companies are using automation technologies such as advanced production lines and software solutions to improve safety and operational efficiency. These technologies automate formulation, extrusion, batching, drying, coating, and liquid delivery processes. This results in cost-effective processing and consistent product quality.
Global Animal And Pet Food Market Segments
The global animal and pet food market is segmented:
By Type: Pet Food, Animal Food
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
By Ingredient: Animal Derivatives, Plant Derivatives, Synthetic
Subsegments Covered: Dog and Cat Food, Other Pet Food, Poultry Feed, Cattle Feed, Aquaculture Feed, Other Animal Food
By Geography: The global animal and pet food market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global animal and pet food market report at:
https://www.thebusinessresearchcompany.com/report/animal-and-pet-food-global-market-report
Animal And Pet Food Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides animal and pet food global market overviews, analyzes and forecasts market size and growth for the global animal and pet food market, animal and pet global food market share, animal and pet food global market segments and geographies, animal and pet food global market players, animal and pet food market leading competitor revenues, profiles and market shares. The animal and pet food market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Animal And Pet Food Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Cargill Incorporated, Nestle S.A., New Hope Liuhe Co. Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Diamond Pet Foods Inc., Mitsui, CJ Cheiljedang Corp, Land O'Lakes Inc, and J.M. Smucker Company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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Animal Food Global Market Report 2022
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About The Business Research Company
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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