Europe Pet Food Market - Increasing Popularity of Small Pets Is Major Factor for Market Growth

At present, European developed countries are considered as the major markets for pet food. These products are made available through a variety of distribution channels such as hypermarkets, dollar stores and online stores. Increasing trend for nuclear family coupled with demand for pet specific products is one of the major factors boosting the demand for pet food in Europe.

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Albany, NY -- (SBWire) -- 03/16/2016 --This market research study analyzes the Pet Food Market in Europe, and provides estimates in terms of revenue (USD million) from 2015 to 2021 as well as volume in terms of kg million from 2015 to 2021. It recognizes the current market trends affecting the pet food market and analyzes their impact over the forecast period. Moreover, it also analyses the Average Selling Price (ASP) in various product segments across various countries.

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The pet food market has been segmented by pet type into dog food, cat food and others. The others segment includes fish food, bird food, reptiles and other small animals. The cat food segment held the largest market share in Europe. Increasing trend for nuclear families coupled with demand for small pets is one of the major factors boosting the demand for cat food in Europe. In terms of food type the pet food market has been segmented into wet/canned food, dry food, nutritious food, snacks/treats and others. Raw meat and other household products are covered within the scope of others segment. However, the others segment including reptile food, bird food, fish food and other small pets is the fastest growing segment in pet food market in Europe.

The dry food segment held the largest market share in pet food market in Europe. Ease of handling and lower prices compared to other segments is one of the major factors boosting the demand in the dry food segment. Apart from this, added nutritional value in the dry food segment is also expected to boost the demand for dry food in Europe. However, the nutritional food segment is the fastest growing segment in Europe. Increasing awareness about pet health is one of the major factors boosting the demand in the nutritional food segment. In the coming years, with increasing concern the demand for nutritional food is expected to reach considerably.

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The pet food market in Europe has been 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 demand for pet specific products is one of the major factors boosting the demand in U.K.. Apart from this, nutritional food segment is the fastest growing segment in U.K.. Increasing awareness about pet health among the pet owners is one of the major factors boosting the demand for nutritional food in U.K.. However, Spain is the fastest growing market in Europe. Increasing trend for nuclear family is one of the major factors boosting the demand for pet food in Spain. Apart from this, increasing awareness about pet health is also boosting the demand for pet food in Spain.

The report also analyzes macro economic factors influencing and inhibiting the growth of pet food market in Europe. In addition, the report also provides Average Selling Price (ASP) across all the product segments in countries analyzed in the course of research. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

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This report provides strategic analysis of the Europe pet food market, and the growth forecast for the period 2015 to 2021. The span of the report includes competitive analysis of various market segments based on the pet type, food type and in-depth cross sectional analysis of the pet food market across different countries.

In the report, the market has been segmented by food type, pet type and by country. The study highlights current market trends and provides the forecast from 2015 to 2021. We have also covered the current market scenario for the pet food market and highlighted future trends that will affect demand. By country, the market has been segmented into U.K., Germany, France, Italy, Spain, Netherlands and rest of Europe. The present market size and forecast until 2021 have been provided in the report. In addition, the report also provides brand share of the major brands in the countries covered within the scope of research.

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