Pet Food market in the US to grow at a CAGR of 3.07% over the period 2015 - 2019; Finds New Report

Report forecast the Pet Food market in the US to grow at a CAGR of 3.07 percent over the period 2014-2019.

Pet food is developed from either plant or animal extracts and is formulated according to the nutritional needs of the type and age of the animal being fed. The key ingredients in the pet food include by-products of meat, poultry, and seafood; feed grains; enzymes; amino acids; preservatives; stabilizers; and gelling agents. Pet food is available in pet stores as well as in retail outlets such as supermarkets.

The Pet Food market in the US can be divided into the following segments: Dog Food, Cat Food, and Other Pet Food. The market can be further categorized by product type into Dry Food, Wet Food, and Treat and Snack/Mixers.

According to the lead analyst of this report,the premiumization of pet food is one of the major trends in the market. To ensure that the pets get the appropriate nutrition, people are willing to pay high prices for premium pet foods.

According to the report, recovery from economic recession is a key driver in the market. The loss of jobs and fall in income during the economic recession of 2008-2009 have led to a change in the expenditure pattern of people in the US. 

Further, the report states that per obesity is a key challenge for the vendors. On average, one out of five pets is obese because of the increased consumption of packaged food, which is expected to affect the overall market growth. 

Pet Food Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Pet Food market landscape in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

This report covers the following companies as the key players in the Pet Food Market in the US: Big Heart Pet Brands, Mars Inc. and Nestlé SA.

Other Prominent Vendors in the market are: Ainsworth Pet Nutrition, Alaska Naturals, American Nutrition, Blue Buffalo, California Naturals, Diamond Pet Foods and Vitakraft.

Key Market Driver

• Increase in Spending during Post-recession Period
• For a full, detailed list, view our report

Key Market Challenge

• Pet Obesity due to Packaged Food Consumption
• For a full, detailed list, view our report

Key Market Trend

• Premiumization of Pet Foods
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 57 pages, “Pet Food Market in the US 2015 - 2019” report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Country Profile: The US, Market Landscape, Market Segmentation by Pet Type, Market Segmentation by Product, Market Segmentation by Material, Market Segmentation by Distribution Channel, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4G4

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