Wet Pet Food Market Records a CAGR of 6% by 2025|40% of Growth to Originate from North America |17000+ Technavio Reports

Wet Pet Food Market Covers:

Wet Pet Food Market – Driver
Living with pets has been linked to significant health benefits such as lowering blood pressure, anxiety and stress. Children exposed to pets at an early age tend to have strong immune systems. Pet owners tend to have milder responses/faster recovery from stress. Dogs as pets become familiar with human behavior and emotions and can understand certain words and interpret tone of voice, gestures and body language. Being around pet dogs is said to reduce anxiety, stress and depression; Treatment of loneliness improve cardiovascular health, encourage physical exercise. Children who take care of dogs are more active and confident in their emotions. Dogs serve as valuable companions for seniors. the Awareness of the health benefits gained by caring for a pet It has led to a significant increase in pet ownership which will drive growth in the wet pet food market.

Wet Pet Food Market – Challenge
the Increasing incidence of pet allergies among consumers One of the challenges hindering the growth of the global market for wet foods for pets. Cryptosporosis and other pet diseases are often transmitted to humans, especially children. Certain proteins in the saliva and urine of pets and dogs tend to cause skin allergies in humans. Most allergies in pet owners, such as asthma and allergic rhinitis, are caused by pet dogs or cats. Allergies to cats are more common than to dogs. However, dogs’ allergies appear to be more severe. The dander, saliva, and urine of pet dogs may cause abnormal reactions in the immune system of a sensitive individual. Dog allergies can cause swelling and itching in the nose or around the eyes, redness of the skin, coughing, or even asthma attacks among pet owners. Because of these factors, people are concerned about pet adoption, which in turn will challenge the growth of the market.

Wet Pet Food Market – Retail
Technavio analyzes the market by a product (wet cat food, wet dog food, etc.) and geography (North AmericaAnd Europeasia pacific, South Americaand MEA). This is expected to have a positive impact on the growth of the wet pet food market during the forecast period.

The Technavio report provides a detailed picture of the market by studying, synthesising, and summarizing data from multiple sources through the analysis of key parameters.

mentioned companies
the wet pet food market is being fragmented Sellers deploy growth strategies such as those based on price, innovation, quality, distribution and reputation to compete in the market.

  • Colgate-Palmolive Co
  • Darling Ingredients Inc.
  • Pet Food De Haan
  • Evangers Dog and Cat Food Co.
  • general Mills Company.
  • Harringtons Pet Food
  • Mars company
  • Nestlé SA
  • PetGuard Holdings LLC
  • Spectrum Brands Holdings Inc.

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Wet Pet Food Market Scope

Report coverage

details

page number

120

base year

2020

prediction period

2021-2025

Growth Momentum and CAGR

Accelerate at a compound annual growth rate of 6%

Market Growth 2021-2025

7.27 billion US dollars

Market Structure, Market Structure

fragmented

Annual Growth (%)

4.67

Regional Analysis

North America, Europe, Asia Pacific, South America, Middle East and Africa

Market share performance

North America 40%

Main consuming countries

United States, United Kingdom, France, Japan and Germany

Competitive scene

Leading companies, competitive strategies and scope of consumer engagement

Company Profile

Colgate-Palmolive Corporation, Darling Ingredients Inc, De Haan Petfood, Evangers Dog & Cat Food Co Inc, General Mills Inc, Harringtons Pet Food, Mars Inc, Nestle SA, Petguard Holdings LLC, and Spectrum Brands Holdings Inc.

market dynamics

Key market analysis, market growth triggers and obstacles, Analysis of fast-growing and slow-growing segments, Impact of COVID-19 and future consumer dynamics, Market status analysis for the forecast period,

field of personalization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize segments

about us
Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations 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 current and potential markets and to assess their competitive positions within changing market scenarios. .

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Technavio Research
Jesse Maeda
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Website: www.technavio.com/

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