The global demand for Wet Pet Food Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Wet pet food ensures that the pet gets all of the necessary proteins, vitamins, and minerals to stay healthy and hydrated. There are chunks in gravy, jelly, casserole, and meatloaf styles in wet pet food cans, foil trays, and pouches. The moisture content in wet pet food is high (approx 70-80 percent). They are sealed and then sterilized at a specific temperature, which ensures the safety and helps to preserve the quality over time. With single-serve formats, wet pet food may be convenient, delivering a fresh, easy-to-serve meal every time. Wet pet foods can be viable for pets with missing teeth, misaligned jaws, or smaller mouths. When it comes to storage, once opened, wet pet food can be maintained for up to 5-7 days if properly stored. The quantities will be larger because wet pet food has higher water content. Wet pet food is widely accessible in various retail outlets, including supermarkets and hypermarkets, specialty pet stores, online retailers, and so on. The best source of hydration for pets is wet pet food. If the pet is unwilling to drink the recommended quantity of water each day, wet pet food can help.
The rapid increase in the pet population and skyrocketing customer demand for premium quality things for their pets are primarily responsible for the wet pet food market expansion. In addition, the growing trend of pet adoption is propelling market expansion. Wet pet food producers are extending their production activities in developed countries to meet the increased demand for wet pet foods. The desire of pet owners to acquire quality products for their pets to assure optimal health, care, and nutrition is a significant element driving the wet pet food market. The wet pet food market is also expected to grow as the number of single parents and couples without children who own pets rises. Furthermore, the market for wet pet food is being driven by an increase in disposable money. However, the wet pet food business is being stifled by increased dental problems in pets, increasing dental treatment costs.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of wet pet food. The growth and trends of wet pet food industry provide a holistic approach to this study.
This section of the wet pet food market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Wet Cat Food
- Wet Dog Food
This section covers the regional outlook, which accentuates current and future demand for the Wet Pet Food market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Wet Pet Food Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the wet pet food market include 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 In. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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