Growth opportunities and latent adjacency in Pet Food Ingredients Market
Pet Food Ingredients Market: Global Outlook, Trends and Forecast to 2025
MarketsandMarkets™ - Jul 11, 2020
Growth opportunities and latent adjacency in Pet Food Ingredients Market
The increase in the adoption of pets among consumers has encouraged companies to develop innovative and nutrition-rich products for feeding pets.
Growth opportunities and latent adjacency in Pet Food Ingredient Market
The increasing pet population and pet adoption trends that are leading to a need to improve the palatability of pet food are some of the key factors influencing the growth of the pet food ingredients market.
The global pet food ingredients market is estimated at USD 34.96 Billion in 2018, and is projected to reach a value of USD 45.44 Billion by 2023, growing at a CAGR of 5.4%.