Canned Pet Food Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Albany, NY -- (SBWire) -- 08/16/2018 --Canned pet food have been immensely popularized in recent times due to moisture capturing capacity in the food, which the semi-moist or dry pet food products lack in. Canned pet foods are sterilized by various sterilization methods, which curbs pathogens from further activating in the canned containers. Apart from these factors, the global canned pet food market is boosted because of the ingredients present in the canned pet food. These ingredients are found to easily digestible, thus keeping a healthy digestive system intact. Change in customer's lifestyle is significantly causing a positive impact on the growth of the market.

Canned pet food is significantly high in moisture as compared with dry or semi-moist pet food products. Canned pet food is commercially sterilized by using various sterilization methods that helps in inactivating the growth of pathogens present in the canned containers. Canned pet food is processed in conformance with low acid canned food regulations which ensures that pet food is free of viable pathogens.

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Rise in trend of having nuclear families where the pets are treated as a family member and are more concerned regarding the health and eating habits of their pet, is fueling the growth of the market. These days' pet owners are known to show more concern regarding the animal health due to the rise in various problems such as obesity. Sicknesses like arthritis have grown recently and proved to have a negative impact on the health of the pets. Pet owners are now more aware about the food products that they buy for their pets, which are expected to meet the requirement of the pets. These have led to the increase in uptake of the pet canned food as it provides essential nutrients required by the pets. Cost of canned pet food is expected to deter the market as they are expensive and not affordable by all.

Some of the major key players in the global canned pet food market are De Haan Petfood, Nestle, Blue Buffalo, Cambrian Petfood, Mars Incoporated, and WellPet LLC.

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The global canned pet food market can be classified on the basis of ingredient type, animal type, and region and distribution channel. Based on animal type the canned pet food can be segregated into bird, cat, dog, and others. The global canned pet food market is distributed through online stores, supermarket/hypermarket, specialized pet shops, and various grocery and pharmaceutical stores. On the basis of ingredients the canned pet food can be divided into, animal derived, cereal derivatives, plant derived and others. Geographically, the global canned pet food market is spread across Latin America, North America, MEA, Asia Pacific, Eastern Europe, and Western Europe. North America has dominated the global market but Asia Pacific is anticipated to become the fastest growing market during the forecast period.