Latest niche market research study on “Pet Food Industry 2017 Market Research Report” published at Orbisresearch.com
The definition of a “Pet Food” means any commercial feed prepared and distributed for consumption by dogs and cats including homemade treats, supplements or a food intended as sole ration. Pet food includes pet treats, biscuits, training foods, sample sizes as well as the more traditional pet foods. Raw meat pet food diets are exempt only if the meat is not ground and not mixed with other ingredients.
This research report provides in-depth market intelligence on the global pet food market, which is currently witnessing a steady growth due to pet owners respond to premium products, high availability at retail level. Demand will also be driven by pet owners caring for older pets and manufacturers catering to their specific needs. Consumers will continue opting more for natural remedies to avoid giving their pets pharmaceuticals, boosting demand in this sector. This report takes into account this wide range of factors and their influence on the market dynamics.
This research report categorizes the global pet food market on the basis of ingredients, animal type and geography; forecasting the revenues and analyzing the trends in each of the mentioned sub markets.
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The liquid feed market scenario is explained on the basis raw materials and ingredients used for the manufacturing of various liquid feeds. Major ingredients used are-molasses, corn steep water, whey, soluble, etc. Urea, fats, vitamins, trace minerals etc. are the essential supplements used in this case. Urea is the most widely used supplement in liquid feed and accounts for around 60% of the liquid feed supplement market share. Trace minerals and vitamins are estimated to witness the fastest growth rate as the manufacturers are focused on enhancing the quality of product. Ruminant segment is the major consumer of liquid feed and accounts for the 58% of the market share closely followed by poultry feed. Cattle feed is the largest consumer in ruminant feed industry and accounts for around 90% of the market share. Aquafeed industry is the potential market estimated to grow at the fastest CAGR of 4.2% during the period under study.
North America is the largest producer and consumer of liquid feed. U.S. is the major market in North America and holds more than half of the market share. European market is expected to grow at the CAGR of 3.9% as more numbers of farmer are getting aware about the benefits of liquid feed which are reduced labor and comparatively cheaper availability of nutrients. Asia-Pacific is forecasted to be the fastest growing region due to rising consumption of meat & dairy products and rise in adoption of intensive farming system. Australia and China are the biggest producers in the region. The growth in liquid feed equipment industry is expected to bring positive trend in Brazil and subsequently in South America.
The key players in the market are focused on new product development and setting up new plant to increase production capacity. Investment in production process is another strategy adopted by manufacturers to reduce cost of production and cater to the increasing demand. The major players in the market are Cargill Inc., Quality Liquid Feeds, and Archer Daniels Midland etc.
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Some Points From Table of Content :
1.2 DEFINITION OF THE MARKET
- EXECUTIVE SUMMARY
3 MARKET ANALYSIS
3.1 FACTORS DRIVING THE GROWTH OF THE MARKET
3.1.1 PRIVATE LABEL PRODUCTS
3.2 FACTORS DECELERATING THE GROWTH OF THE MARKET
3.2.1RISE IN PRICE OF RAW MATERIALS
3.2.2 ISSUE OVER RENDERED MEAT
3.3 OPPORTUNITY ANALYSIS-ORGANIC PET FOOD
- PET FOOD, BY ANIMAL TYPE
4.1 DOG FOOD
4.2 CAT FOOD
4.3 BIRD FOOD
4.4 OTHER ANIMALS
- PET FOOD SEGMENTATION, BY INGREDIENTS
5.1 ANIMAL DERIVATIVES
5.2 FISH DERIVATIVES
5.3 FRUITS AND VEGETABLES
5.3.2 FRUITS, BEANS AND OIL SEEDS
5.4 CEREALS AND CEREAL BY PRODUCTS
5.5 FATS & OILS
5.6 VITAMINS & MINERALS
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