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Global Pet Market Insights to 2026 with Profiles of ADM, Agrolimen, General Mills, Hill's Pet Nutrition, JM Smucker, Nestle, PetSmart, Mars, Spectrum Brands, & Unicharm

Global Pet Market Insights to 2026 with Profiles of ADM, Agrolimen, General Mills, Hill s Pet Nutrition, JM Smucker, Nestle, PetSmart, Mars, Spectrum Brands, & Unicharm
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The Global Pet Market was valued at USD 223.54 Billion in the year 2020.
With the increased disposable income in highly populated countries such as China and India, the pet adoption rate is increasing and is expected to grow further in upcoming years.
The trends such as pet humanization and premiumization are driving the Pet market. In this era, people are inclining towards the culture of nuclear families and hence it is resulting in the demand for pet adoption as people have started accepting pets as their family members even in the developing countries. ....

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Global Pet Market Insights, Competition and Forecast Report 2021: Market was Valued at $223.54 Billion in 2020

Dublin, June 01, 2021 (GLOBE NEWSWIRE) The "Global Pet Market - Analysis By Type (Pet Food, Pet Care Products, Pet services), Pet Type, By Distribution Channel, By Region, (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)" report has been added to ResearchAndMarkets.com's offering. The Global Pet Market was valued at USD 223.54 Billion in the year 2020. With the increased disposable income in highly populated countries such as China and India, the pet adoption rate is increasing and is expected to grow further in upcoming years. The trends such as pet humanization and premiumization are driving the Pet market. In this era, people are inclining towards the culture of nuclear families and hence it is resulting in the demand for pet adoption as people have started accepting pets as their family members even in the developing countries.Dog is the most favourite pet to be adopted in the Pet market. The major factors influencing the growt ....

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Upcoming Development in Global Pet Market Ensuring a Bright Future for Pet Market in China

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According to authoritative data, of the global pet consumption market size of USD159billion in 2020, the North American region currently accounts for 44%, while the Asia-Pacific region only accounts for 11%. With the rapid development of China’s economy and the continuous changes in the demographic structure, the pet market in China is ushering in excellent investment opportunities.
General Situation of Global Pet Market
According to Eur Economic data, it can be seen that the European and American markets with the largest market size are the core part of the pet industry in the global market.
North America region accounts for the highest proportion of the global pet market, at about 37%, while the lowest proportion in Australia, only 3%. Although the Asia-Pacific region accounts for only about 24%, it is determined that there is a greater growth space in the future due to the advantages in the population size and economic level in the Asia-Pacific reg ....

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Global Pet Market – Analysis By Type, Pet Type, By Distribution Channel, By Region, : Market Insights, Covid-19 Impact, Competition and Forecast

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New York, May 06, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Global Pet Market – Analysis By Type, Pet Type, By Distribution Channel, By Region, : Market Insights, Covid-19 Impact, Competition and Forecast - https://www.reportlinker.com/p06067735/?utm source=GNW
The trends such as pet humanization and premiumization are driving the Pet market. In this era, people are inclining towards the culture of nuclear families and hence it is resulting in the demand for pet adoption as people have started accepting pets as their family members even in the developing countries.
Dog is the most favourite pet to be adopted in the Pet market. The major factors influencing the growth of the global pet market are mobile pet grooming, strategic initiatives by the major market players, growing humanization and manufacturers opting for e-commerce channel. Currently, pet stores holds the larger market share in the segment of distribution chan ....

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