NEW YORK, May 3, 2022 /PRNewswire/ — The “Wet Pet Food Market by Product (Wet cat food, Wet dog food, and Others) and Geography (North America, Europe, APAC, South America, and MEA) – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. Technavio categorizes the global wet pet food market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market.
The potential growth difference for the wet pet food market size between 2020 and 2025 is USD 7.27 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
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Market Driver
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Market Challenges
The increase in pet ownership is driving the wet pet food market’s growth. However, factors such as increasing instances of pet allergies may challenge the market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our Sample Report right now!
Market Segmentation
The wet pet food market report is segmented by product (wet cat food, wet dog food, and others) and geography (North America, Europe, APAC, South America, and MEA).
By product, the wet cat food segment will have significant market share growth during the forecast period. The demand for wet cat foods is expected to grow at a moderate rate during the forecast period. Wet pet foods provide them with a source of hydration. Wet cat foods have a high satiety value due to their good level of moisture content that helps the cats to feel fuller. In China, the adoption of cats as pets is increasing significantly, especially in urban areas, as looking after cats is perceived to be easier than other pets. Thus, with the increasing adoption of cats in the country, the overall demand for packaged cat food is increasing. These factors will lead to growth in the market in focus.
By geography, North America will be the leading region with 40% of the market’s growth during the forecast period. The US is the key country for the wet pet food market in North America. Pet humanization is driving the demand for the wet pet food market in the Americas. The demand for natural, grain-free, or raw diets is increasing, as people continue to humanize their pets. These factors will facilitate the wet pet food market’s growth in North America during the forecast period.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
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Wet Pet Food Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2021-2025 |
USD 7.27 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
4.67 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 40% |
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Key consumer countries |
US, UK, France, Japan, and Germany |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Colgate Palmolive Co., Darling Ingredients Inc., De Haan Petfood, Evangers Dog and Cat Food Co. Inc., General Mills Inc., Harringtons Pet Food, Mars Inc., Nestle SA, PetGuard Holdings LLC, and Spectrum Brands Holdings Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
Executive Summary
Market Landscape
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Market ecosystem
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Value chain analysis
Market Sizing
Five Forces Analysis
Market Segmentation by Product
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Market segments
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Comparison by Product
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Wet cat food – Market size and forecast 2020-2025
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Wet dog food – Market size and forecast 2020-2025
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Others – Market size and forecast 2020-2025
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Market opportunity by Product
Market segmentation by Distribution channel
Customer landscape
Geographic Landscape
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Geographic segmentation
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Geographic comparison
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North America – Market size and forecast 2020-2025
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Europe – Market size and forecast 2020-2025
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APAC – Market size and forecast 2020-2025
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South America – Market size and forecast 2020-2025
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MEA – Market size and forecast 2020-2025
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Key leading countries
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Market opportunity by geography
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Market drivers – Demand led growth
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Market challenges
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Market trends
Vendor Landscape
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Overview
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Vendor landscape
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Landscape disruption
Vendor Analysis
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Vendors covered
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Market positioning of vendors
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Colgate Palmolive Co.
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Darling Ingredients Inc.
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De Haan Petfood
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Evangers Dog and Cat Food Co. Inc.
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General Mills Inc.
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Harringtons Pet Food
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Mars Inc.
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Nestle SA
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PetGuard Holdings LLC
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Spectrum Brands Holdings Inc.
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
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