PetFood market by Type and Size | Industry Report 2017-2021
Asia-Pacific PetFood Market is poised to reach $23.76 billion by 2021 – 135 pages report by Market Data Forecast
(EMAILWIRE.COM, January 09, 2017 ) Asia-Pacific Petfood market has been estimated at USD 16.61 Billion in 2016 and is projected to reach USD 23.76 Billion by 2021, at a CAGR of 7.42% during the forecast period from 2016 to 2021. Petfoods are more digestible and enables the pet to absorb more nutrients and the pet will require less food per feeding. Because of their quality nutrients, premium petfoods help keep the pet’s skin and coat healthy and may help avoid issues including food allergies, sensitive stomach, obesity and hip and joint stiffness. Specially formulated premium petfoods can also help with conditions such as hairballs, urinary tract issues and oral disease.
Download Sample @ http://www.marketdataforecast.com/market-reports/asia-pacific-pet-food-market-428/request-sample
Awareness of benefits of high quality petfood, increase in pet population, and concern for the health of pets due to the rise in trend of pet humanization and increase in palatability of petfood are the factors which have resulted in the growth of petfood ingredients market. But strict regulation of the government on the costs of raw materials and feed products can hinder the market growth.
Asia-Pacific market for Petfood 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.
Geographically Asia-Pacific market for is PetFood is segmented into China, India, Japan, South Korea, and Australia. Japan has the largest market share within the region. In India, dogs are more popular pets than other animals like cats, birds, fish, etc. This creates a significant opportunity for the petfood companies to come up with a wide range of food products for dogs.
Inquire @ http://www.marketdataforecast.com/market-reports/asia-pacific-pet-food-market-428/inquire
The Asia-Pacific petfood 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 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.
Download Sample @ http://www.marketdataforecast.com/market-reports/asia-pacific-pet-food-market-428/request-sample
Awareness of benefits of high quality petfood, increase in pet population, and concern for the health of pets due to the rise in trend of pet humanization and increase in palatability of petfood are the factors which have resulted in the growth of petfood ingredients market. But strict regulation of the government on the costs of raw materials and feed products can hinder the market growth.
Asia-Pacific market for Petfood 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.
Geographically Asia-Pacific market for is PetFood is segmented into China, India, Japan, South Korea, and Australia. Japan has the largest market share within the region. In India, dogs are more popular pets than other animals like cats, birds, fish, etc. This creates a significant opportunity for the petfood companies to come up with a wide range of food products for dogs.
Inquire @ http://www.marketdataforecast.com/market-reports/asia-pacific-pet-food-market-428/inquire
The Asia-Pacific petfood 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 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
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results