Pet Food Market – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2011 – 2017

According to a new market report published by Transparency Market Research “Pet Food Market – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2011 – 2017,” the global pet food market was worth USD 58.6 billion in 2011 and is expected to reach the value of USD 74.8 billion in 2017, growing at a CAGR of 4.2% from 2011 to 2017. North America is expected to remain the largest regional segment for the pet food industry in terms of revenue generation, accounting for around 40% of the total revenue. Asia Pacific will be the fastest growing segment due to growing trend and increasing importance of pets in homes.

Browse the full report at http://www.transparencymarketresearch.com/pet-food-market.html

North America market for pet foods was valued at USD 21.7 billion in 2011 and expected to witness growth in 2012 and reach the value of USD 22.4 billion. With number of market drivers and product innovations in pet foods, the North America pet foods market is forecasted to reach USD 26.6 billion in 2017 at the CAGR of 3.5% from 2011 to 2017. Europe market being the second largest consumer of pet foods is expected to grow at a CAGR of 4.4% from 2011 to 2017.Food & Beverages

Worldwide market for pet foods is segmented as dry food, wet/ canned food, nutritious food, snacks, and others. Dry food is the largest segment of pet foods market accounting for around 39% of the total market share. Snacks/treats are the second largest consumed pet food accounting for about 21% of the global market share. Wet/ canned food and nutritious food are the smaller pet food segment accounting for 7% and 3% market shares respectively.

The global market for pet foods is expected to be driven by number of factors like increase in disposable incomes of families, changing lifestyle, growing trend of having pets in homes, growing trend of nuclear families, among others.

Related Report : 

Animal Feed and Feed Additives Market – Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2011 – 2018

http://www.transparencymarketresearch.com/animal-feed-and-feed-additives-market.html 

This report is an effort to identify factors, which will be the driving force behind the animal feed and feed additives market and sub-markets in the next few years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure.

The report has segregated the animal feed additives industry in terms of products, livestock and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global animal feed and feed additives market and further validated numbers with the key market participants and C-level executives.

This research is specially designed to estimate and analyze the demand and performance of animal feed additives products in global scenario. This research provides in-depth analysis of animal feed additives product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global animal feed additives market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered.

Browse the full report with TOC at http://www.transparencymarketresearch.com/pet-food-market.html

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Animal Feed Additives Market Report By Transparency Market Research

This report is an effort to identify factors, which will be the driving force behind the animal feed and feed additives market and sub-markets in the next few years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the animal feed additives industry in terms of products, livestock and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends.

Browse the full report at http://www.transparencymarketresearch.com/animal-feed-and-feed-additives-market.html

We have adopted bottom up model to derive market size of the global animal feed and feed additives market and further validated numbers with the key market participants and C-level executives. This report highlights the industry with the following points:

  • Definition, estimates & forecast of animal feed and feed additives product market from 2011 to 2018
  • To measure the animal feed additives market and its various sub-segments, including the market by livestock and geography
  • To analyze the forecasts and the major factors driving and inhibiting growth of the animal feed additives market and its segments
  • To identify and analyze animal feed additives market opportunities
  • To analyze opportunities in the market for the stakeholders and draw a competitive landscape for the market leaders
Transparency Market ResearchThis research is specially designed to estimate and analyze the demand and performance of animal feed additives products in global scenario. This research provides in-depth analysis of animal feed additives product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global animal feed additives market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered.
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The animal feed additives market is segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers and others (Trace minerals, NPN and so on). The global feed acidifiers market is estimated to reach USD 1.6 billionin 2018 from USD 1.0 billion in 2011, at a CAGR of 6.3% from 2011 to 2018. Asia Pacific is major sales contributor and is expected to hold 32% of the global market share in 2018. This market is expected to have high growth of CAGR 4.0% due to higher demand and sales. The U.S. remains the leader in the North American amino acids market with 29.9% market share, while China leads the Asia Pacific market with 49.5% market share followed by Japan. Within Europe, UK draws the largest demand, which is followed by Germany.
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Major applications analyzed in this report are enhancing animal nutritional growth, feed quality, and meat quality. Enhancing the feed quality remains the leading demand generating factor followed by meat quality enhancement with 21%. The consumption of chicken and beef in the U.S. is huge due to the eating habits and consumption trends. Asia and Europe are the largest users of chicken.
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The major industry drivers of animal feed additives market are rise in global meat consumption, rising awareness regarding meat quality and dairy products, and recent livestock disease outbreaks promoting feed additive usage. Also industrialization in meat production is an important driver. Key challenges the industry is facing today are rising cost of natural feed products and ban on antibiotics – these can be viewed as an opportunity for others.