North America Pet food market has been estimated at USD 29.03 Billion in 2018 and is projected to reach USD 34.76 Billion by 2023, at a CAGR of 3.67% during the forecast period from 2018 to 2023. Pet food is made out of plant or animal material for the proper feeding of pet animals. Animals need a certain combination of protein, carbohydrates, fats, vitamins, minerals and water every day in order to function normally. Necessary vitamins and minerals are included in complete and balanced pet foods.
Due to the concern for the pets by the pet owners and changing perception of consumer towards pet health is major reason behind the growth of the pet food market. Recent rise in the concept of pet humanization, where the pets are being treated with increased care and hygiene is also helping to fuel the demand for pet food products. Pet allergies and rise in over eating and lack of physical exercise, due to which obesity in pet is increasing is constraining the market growth because, the pet owners are preferring other healthy substitutes.
North America market for Pet food is segmented into ingredients, animal type and geography. Each of these segments are further sub segmented into, Ingredient: Animal Derivatives, Fish derivatives, Fruits & Vegetables, Cereals & Cereal by-products, Fats & Oils, Vitamins & Minerals, Additives; Animal: Dog, Cat, Bird, Others,
Geographically North America market for is Pet Food is segmented into US, Mexico, Canada and Others. Pet market is being driven mostly by the North American Region which has the largest market share. North American market is being mainly driven by the US primarily due to sluggish economic growth.
The North America pet food industry is highly concentrated with ten major players together accounting for more than 50% of the market share and remaining market share distributed among the 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 Pet Care, 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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By ingredient type
5.1.1 Animal Derivatives
5.1.2 Fish derivatives
5.1.3 Fruits & Vegetables
5.1.4 Cereals & Cereal by-products
5.1.5 Fats & Oils
5.1.6 Vitamins & Minerals
5.1.6 Additives
5.2 By animal type
5.2.1 Dog
5.2.2 Cat
5.2.3 Bird
5.2.4 Other animals
6. Geographical Analysis
6.1 Introduction
6.2 United States
6.3 Canada
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Mars Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Del Monte Foods
8.3 Hills Pet Nutrition INC
8.4 Unicharm Corporation
8.5 Nippon Formula Feed Manufacturing Company LTD
8.6 Pet Center Incorporated (PCI)
8.7 Nestle Purina Pet Care
8.8 Nisshin Saifun Group INC
8.9 Natural Dog Food Company
8.10 Purely for Pets
8.11 Marukan CO. LTD
8.12 Spectrum Brands INC
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
