According
to a new market report published by Transparency Market Research “Pet
Food Market - Europe Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2021,” the market was valued at USD 25,703.6
million in 2014, which is expected to reach USD 28,146.1 million by
2021, growing at a CAGR of 1.3%% from 2015 to 2021. In terms of
volume, the pet food market in Europe was valued at 4,260.3 kg
million in 2014 and is expected to reach 4,602.5 kg million by 2021,
growing at a CAGR of 1.1% from 2015 to 2021.
Browse
the full Pet Food Market - Europe Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 – 2021 report at
http://www.transparencymarketresearch.com/europe-pet-food-market.html
europe-pet-food-market
The
europe pet food market in terms of pet type has been segmented into
dog food, cat food and others. The cat food segment held the largest
market share in Europe in 2014. Increasing demand for small pets is
one of the major factors boosting the demand for cat food in Europe.
Increasing awareness about pet health and rising demand for pet
specific products are some of the major factors boosting the demand
for pet food in Europe. However, the others segment including fish
food, bird food and other reptiles is the fastest growing segment
throughout the forecast period.
In
addition, the pet food market can be further segmented on the basis
of food types into: dry food, nutritious food, wet/canned food,
snacks/treats and others. The dry food segment held the largest
market share in the pet food market by food type. Ease of handling
coupled with lower prices are the major factors boosting the demand
in the dry food segment. In addition, added nutritional value is also
fueling the demand for dry pet food. The nutritious food segment is
the fastest growing segment in Europe. Increasing awareness about pet
health is boosting the demand for nutritious pet food in this region.
The
pet food market in Europe has been further segmented by country into:
U.K., Germany, France, Italy, Spain, Netherlands and rest of Europe.
U.K. is the largest market for pet food in Europe. Increasing trend
for nuclear family and rising demand for pets are boosting the demand
for pet food in U.K. Apart from this, increasing demand for pet
specific products is also expected to boost the demand for pet food
in Europe. Spain is the fastest growing market for pet food in
Europe. Increasing disposable income is one of the major factors
boosting the demand for pet food in Spain. However, Italy is expected
to experience stable growth throughout the forecast period. The
volume consumption of pet food in Italy is expected to decline in the
forecast period. However, the revenue is expected to increase owing
to increasing prices.
The
pet food market is dominated by major manufacturers such as Mars
Inc., Nestle S.A., Colgate-Palmolive Co., Affinity Petcare and Big
Heart Pet Brands among others. However, the local players are still
to enter these markets due to brand loyalty of the consumers.
Browse
the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/europe-pet-food-market.htm
Europe
Pet Food Market: By Pet Type
Dog
Food
Cat
Food
Others
Europe
Pet Food Market: By Food Type
Dry
Food
Wet
Food/Canned Food
Nutritious
Food
Snacks/Treats
Others
Europe
Pet Food Market: By Country
U.K.
Germany
Italy
France
Spain
Netherlands
Rest
of Europe
Request
a Brochure of this Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4390
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Nachiket
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
http://www.transparencymarketresearch.com/