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PetFood market by Type and Size | Industry Report 2017-2021

Europe Pet Food Market is poised to reach $23.80 billion by 2021 – 137 pages report by Market Data Forecast

 



(EMAILWIRE.COM, January 03, 2017 ) Europe Pet food market has been estimated at USD 20.39 Billion in 2016 and is projected to reach USD 23.80 Billion by 2021, at a CAGR of 3.15% during the forecast period from 2016 to 2021.

Pet food is the feed given to the pet animals, which include animal or plant material. The vitamins and minerals found in every bag of pet food work together to keep the animal’s immune system and metabolism functioning normally. Without adequate nutrition, the animal would not be able to maintain muscle tone, build and repair muscles, teeth, and bone, perform normal daily activities with ease or fight-off infection.

Free sample of the report is available at http://www.marketdataforecast.com/market-reports/europe-pet-food-market-427/request-sample

Growing demand for readymade animal feed products with various environmental and economic benefits such as low water requirements and low maintenance cost is driving the demand for pet food in Europe. Stringent regulations supporting the use of high quality and nutritious food for pets and high costs of feed products and raw materials are said to constrain the pet food market growth.

Europe market for Pet food is segmented into ingredients, animal type and geography. Each of these segments are further sub segmented into, Ingredient: Animal Derivatives, Fish derivatives, Fruits & Vegetables, Cereals & Cereal by-products, Fats & Oils, Vitamins & Minerals, Additives; Animal: Dog, Cat, Bird, Other animals.

The Pet Food market study offers the following deliverables:

• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development


Geographically Europe market for is Pet Food is segmented into Spain, Germany, Russia, France, Italy, and UK. Europe is the second largest market for pet food in the world with a market share of 27%. UK is the largest market for Pet food industry in this region followed by France. Germany is the fastest growing market for pet food within this region.

The Europe pet food industry is highly concentrated with ten major players together accounting for more than 50% of the market share and remaining market share distributed among the large number of small manufactures. Mars, Inc., Del Monte Foods, Hills Pet Nutrition, INC, Unicharm

Enquire more about the report @ http://www.marketdataforecast.com/market-reports/europe-pet-food-market-427/inquire

Corporation, Nippon Formula Feed Manufacturing Company LTD, Pet Center, Incorporated (PCI), Nestle Purina Pet Care, Nisshin Saifun Group INC. Natural Dog Food Company, Halo, Purely for Pets, Marukan CO. LTD., Nutrena, and Spectrum Brands, INC. are the major companies in the market.

Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us


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