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Rise of Veganism and the Heightening Pet Adoption Trends will Paint a Positive Picture of Growth for the Pet Dietary Supplement Market, Says TMR


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- Pet adoption rate is rising rapidly across the globe and this factor will serve as a growth booster for the pet dietary supplement market during the assessment period of 2021-2031
- The pet dietary supplement market expects to expand at a CAGR of ~6 percent across the forecast period of 2021-2031
ALBANY, N.Y., May 4, 2021 /PRNewswire/
Pet Dietary Supplement Market: Growth Summary
Pet ownership statistics have seen a rise over the years on the back of the increasing popularity of pets as stress busters and the escalating awareness about the importance of adopting a pet. The National Pet Owners Survey of 2019-2020 found that nearly 85 mn families in the United States own a pet. These statistics display the rising trend of pet adoption. ....

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Animal Feed Market to Attain USD 730 Billion Valuation by 2027 at a Substantial CAGR of 4.50%, Projects Market Research Future (MRFR)


Animal Feed Market Overview
As per estimates released by Market Research Future (MRFR), the
Animal Feed Market size is appraised to display a 4.50% CAGR to obtain USD 730 Billion in income by 2027.
The means to ensure animal wellbeing is very reliant on the feed that indicates well-balanced nutrition. Some contemporary agricultural practices, such as stuffing cows on grains or in feedlots, have disadvantageous effects on the ecosystem and animals. For example, augmented corn or other grain in feed for cows makes their microbiomes more acidic, weakening their immune systems and causing cows to become a more likely path for E. coli. At the same time, new feeding practices can improve animal impacts; for example, feeding cows certain kinds of seaweed can reduce their methane production, cutting the greenhouse gases from meat production.  The advantages of animal feed are increasingly recognized, leading to an augmented effect on the pace of industrial farming and buyer ....

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