According to the latest report by IMARC Group, titled “Cat Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global cat food market reached a value of US$ 32.2 Billion in 2020. Cat food refers to specialty feed products formulated for cats. It is commercially available in various forms, such as snacks, gravies, treats, liquid supplements, and kibbles. Cat food includes different energy-rich and nutritional elements, including minerals, proteins, carbohydrates, water, and fats. The consumption of this food aids in improving digestion, maintaining a healthy coat, preventing infections, and boosting the overall health of cats.Get a sample copy of this Report: www.imarcgroup.com/cat-food-market/requestsample
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Cat Food Market Trends:
The emerging trend of pet humanization represents the key factor driving the global cat food market growth. Besides this, owners have started focusing on the health, and overall wellness of their pets, due to which manufacturers are increasingly producing high-quality cat food with natural ingredients. Additionally, cats are gaining popularity as preferred pets in emerging economies, which is contributing to the inflating sales of premium cat food and treats across the globe. Moreover, rising product customizations depending on the age, need, and breed of the animal is acting as another growth-inducing factor in the market. Looking forward, IMARC Group expects the market to reach a value of US$ 36.9 Billion by 2026.
View Full Report with TOC & List of Figure: www.imarcgroup.com/cat-food-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Mars Petcare
The J.M. Smucker Company (Big Heart Pet Brands)
Colgate-Palmolive (Hill's Pet Nutrition Inc.)
Nestle Purina PetCare
Blue Buffalo Co., Ltd.
CANIDAE Pet Foods
Cat Food Market Segmentation:
Our report has categorized the market based on region, product type, pricing type, ingredient type and distribution channel.
Breakup by Product Type:
Dry Cat Food
Cat Treats
Wet Cat Food
Breakup by Pricing Type:
Mass Products
Premium Products
Breakup by Ingredient Type:
Animal Derivatives
Plant Derivatives
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others
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