Europe Pet Food Market

Europe Pet Food Market Size, Growth 2022 - 2027:

Europe Pet food market has been estimated at USD 22.39 Billion in 2021 and is projected to reach USD 26.15 Billion by 2026, at a CAGR of 3.15% during the forecast period from 2022 - 2027. Pet food is the feed given to the pet animals, which includes animal or plant material. The vitamins and minerals found in every bag of pet food work together to keep the animal’s immune system and metabolism functioning normally. Without adequate nutrition, the animal would not be able to maintain muscle tone, build and repair muscles, teeth, and bone, perform normal daily activities with ease or fight off infection.

Market Drivers:

Growing demand for readymade animal feed products with various environmental and economic benefits such as low water requirements and low maintenance costs is driving the demand for pet food in Europe. Stringent regulations supporting the use of high-quality and nutritious food for pets and high costs of feed products and raw materials are said to constrain the pet food market growth.

EUROPE PET FOOD MARKET REPORT COVERAGE:

Market Segmentation:

Europe's market for Pet food is segmented into

Europe Pet Food Market Ingredients:

• Animal Derivatives
• Fish derivatives
• Fruits & Vegetables
• Cereals & Cereal by-products
• Fats & Oils
• Vitamins & Minerals
• Additives

Europe Pet Food Market Animal type:

• Dog
• Cat
• Bird
• Other animals.

 Europe Pet Food Market Geographical Analysis:

• Spain
• Germany
• Russia
• France
• Italy
• UK.

 Europe is the second-largest market for pet food in the world with a market share of 27%. The UK is the largest market for Pet food industry in this region followed by France. Germany is the fastest-growing market for pet food within this region.

Key Players:

The Europe pet food industry is highly concentrated with ten major players together accounting for more than 50% of the market share and the remaining market share distributed among a large number of small manufactures. Mars, Inc., Del Monte Foods, Hills Pet Nutrition, INC, Unicharm Corporation, Nippon Formula Feed Manufacturing Company LTD, Pet Center, Incorporated (PCI), Nestle Purina PetCare, Nisshin Saifun Group INC. Natural Dog Food Company, Halo, Purely for Pets, Marukan CO. LTD., Nutrena, and Spectrum Brands, INC. are the major companies in the market.