Market Data Forecast

Keep Your Pets Healthy and Active with Nutritious Pet Food

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,

 

Hyderabad, India -- (SBWIRE) -- 03/20/2018 -- Pet food includes the feed given to the pet animals that consists of plant or animal content material. The better-fine parts in premium pet meals are easily digestible and incorporate additional essential vitamins. The better the digestibility, the greater the number of nutrients the pet can absorb into its system. Foods with finer ingredients are much less indigestible and flow with ease through the pet's digestive tract.

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Europe Pet food market has been valued at USD 20.39 Billion in 2016 and is estimated to achieve USD 23.80 Billion by 2021, at a CAGR of 3.15%.
Reduced interaction with family and economic stability have been the factors that promote pet adoption and their necessary care among the aging population of the region. Increase in possession of pets and rise in e-commerce sales offer opportunities for the pet food market players

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In many cases, the prime reason for the allergies in the pets could be the synthetic elements or artificial flavorings in the animal food that causes these reactions. Shift to organic food can also put a stop to your pet's food hypersensitive reactions quickly, once and for all.

The demand for transparency in shopping for pet food merchandise has exaggerated among customers as a result of the continuing issues regarding pet health. The expensive cost of the animal foods coupled with the tiresome government regulatory frameworks may control the rapid growth of Europe pet food
market.

Geographically, Europe market for Pet Food is classified into Spain, Germany, Russia, France, Italy, and the UK. Europe is the second largest marketplace for pet food within the world with a market share of around 30% within the global market share.

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The main firms in the current regional market are 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 and Nisshin Saifun Group Inc.

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