According to the latest research by Fact.MR, cat diets market is expected to grow at a significant single digit growth rate during the forecast period. Sales for cat diets will witness a balanced growth in the short term and a highly positive increment over the long run. It is all expected to have a fruitful shower of demand at a CAGR of 4.3% owing to the increased adoption rate of cats globally. The exclusive offering of cat treats in various interesting ways is set to offer the impetus.
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What is Driving Demand for Cat Diets?
Opening end-use demand for proper diet for pets is set to drive the sales of cat diets. Canned foods are gaining traction owing to their high moisture content which compels pet owner to purchase for offering their pets a good dietary source of water.
Demand for cat diets to witness a booming growth, which has bolstered the key actors in the supply chain to spend their capital reserves in capacity expansion and expanding their distribution tracks. These expansion strategies by key actors in the market are set to project huge propulsion and attract new actors pushing up the demand further at a high pace.
The Cat Diets Market: Regional Outlook
The US is among the top nations with high consumption of cat diets. The potential of pet diet is expected to witness a double fold growth owing to the increasing annual spending on pet care and pet accessories. The demand is also set to drive the sales from the nation. Demand for the cat diets in various forms are apposite to remain same with constant CAGR as adoption of pet remains the face of the game.
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Who are the Key Manufacturers and Suppliers of Cat Diets?
Some of the top key actor present in the supply value chain of cat diets are
Mars Petcare, Inc.
Diamond Pet Foods
Nestlé Purina Petcare
Blue Buffalo
Unicharm Corp.
Deuerer
J.M. Smucker
C&D Foods
Yantai China Pet Foods Co., Ltd.
Brige PetCare
Neovia
Monge & Co.
Heristo AG
ROYAL CANIN Inc.
Hill’s Pet Nutrition
Others
Key Segments
By Product Type
Wet food
Dry food
Semi-Moist
Treats
Others
By Pricing
Economy
Premium
By Derivative
Plant-based
Animal-based
By Sales Channel
Online
Direct to Consumer
Third Party Online
Offline
Supermarket
Specialty Stores
Pet Care Stores
Others
By Region
North America
US
Canada
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Germany
France
Spain
UK
Italy
BENELUX
Russia
Rest of Europe
East Asia
China
Japan
South Korea
South Asia & Oceania
India
Thailand
Malaysia
Indonesia
Australia
New Zealand
Rest of South Asia & Oceania
Middle East and Africa
GCC Countries
South Africa
Turkey
Rest of Middle East and Africa
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