North America market for pet foods was valued at USD 21.7 billion in 2011

Browse the full Global Pet Food Market Report:
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.

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.


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Some of the major players in pet foods market include Marc Inc., Nestle' SA, Colgate-Palmolive Co., Proctor & Gamble Co., Del Monte Foods Co., Agrolimen SA, Uni-Charm Corp., Nutriara Alimentos Ltda., Total Alimentos SA, Mogina Alimentos SA, and others.

This research is specially designed to estimate and analyze the demand and performance of pet foods in a global scenario. The research provides in-depth analysis of pet food manufacturers, product sales, trend analysis by segments, and demand by geography. 

The report covers all the major product segments of the global pet food market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting the global pet food market as below:


Pet Food Market by Pet Type
Dog Food
Cat Food
Others
Pet Food Market by Food Type
Dry Food
Wet/ Canned Food
Nutritious Food
Snacks/ Treats


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