Global Pet Food Market was valued at USD XXX billion in the year 2015. Global Pet Food Market is estimated to grow at a CAGR of 5.1 % from 2016 to 2022. North America region holds the highest market share in 2016. Whereas Asia Pacific region is considered as the fastest growing market in the predicted period. U.S. is the major market in 2016 at country level and it is further anticipated to grow at a steady pace in the next 5 years.
Mars Inc. (U.S), Colgate-Palmolive Co. (U.S), Uni-Charm Corp. (Japan), Nestle SA (Switzerland), Total Alimentos SA (Brazil) and Procter & Gamble Co (U.S)are some of the key players in the Global Pet Food Market. Acquisitions, collaboration and development of innovative product are the main business strategy of the top players to gain market share.

Drivers
Surging pet population
Rising pet’s health and safety concern
Restraints
Increase in health concerns and obesity in pets
Government laws and regulatory bodies.
Opportunity
Changing income and lifestyle
Rising number of pet adoption
Challenges
Threats from substitute products

The global pet food industry is segmented based on pet type, food type and geography. The dog segment hold the highest market share among all other types in pet type segment, in 2016 and is expected to grow at the highest CAGR during year 2017-2022. On the other hand pet food market by product is further segmented into dry food, Wet/Canned food, Snacks/Treats, Nutritious Food and Others.

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Key Benefits for Stakeholders
Pet food Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Regulatory bodies, policy actors and consumers.

By Application
Dog
Cat
Others

By Products
Dry food
Wet/Canned food
Snacks/Treats
Nutritious Food
Others

By Region
North America
Europe
Asia-Pacific
RoW

Key Market Players
1. Mars Inc. (U.S)
2. Colgate-Palmolive Co. (U.S)
3. Uni-Charm Corp. (Japan)
4. Nestle SA (Switzerland)
5. Total Alimentos SA (Brazil)
6. Procter & Gamble Co (U.S)
7. Wellpet LLC (U.S)
8. Blue Buffalo Co., Ltd (U.S)
9. Big Heart Pet Brands (U.S)
10. Diamond Pet Food Inc. (U.S)

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