Wet Cat Food Market Forecast and CAGR
According to latest research by Fact.MR, wet cat food sales is set to witness steady growth during 2022-2031. Demand for wet food will witness steady recovery in short-term, with optimistic growth outlook in the long run.
Increasing pet adoption in high income countries and awareness on myriad benefits of wet food has become one the prime reason for sales growth. Growing sales of the product create lucrative opportunities for the key players and will continue to do so in the coming years as well.
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What is Driving Demand in Wet Cat Food Market?
The global pet cat population has been increasing, owing to the increased adoption of pets due to ongoing pet trends and increasing disposable income in various regions. Providing high nutritious food to pet cat has become one of the primary goals for pet owners. Such a concern is what makes them try on various types of food for their pet cat may it from dry food to chewable and wet food.
People active in various cat welfare communities online are been actively conducting awareness campaigns on the importance of nutrition in cat food, especially wet food. Following which many pet cat owners globally are shifting to wet food owing to its myriad benefits over other food types. Such a switch is set to affect the wet cat food sales positively.
US Wet Cat Food Market Outlook
The United States hold a significant amount of share in the global wet cat food sales. This is due to the fact that the US have many pet owners owing to the higher adoption of pets. Per capita expenditure on pet cats in this country is quite high compared to others.
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Who are the Key Manufacturers and Suppliers of Wet Cat Food?
Competition in wet cat food is perfect and fragmented in nature with presence of a many players across the globe. Some of the leading suppliers of wet cat food are
De Haan Petfood
FirstMate Pet Foods
Blue Buffalo Co., Ltd.
Monge SPA
Mars
Incorporated
Petguard Holdings, Llc
Nestlé Purina PetCare
Hill’s Pet Nutrition, Inc
Little BigPaw
Butcher’s Pet Care
Key Segments
By Type
Meat Based
Vegan
By Packaging
Pouches
Cans
Others
By Distribution Channel
Online Retailing
Modern Trade
Pet Food Stores
Veterinary Clinics
Others
By Region
North America
US & Canada
Latin America
Brazil, Mexico, Argentina & Rest of Latin America
Europe
Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
East Asia
China, Japan, South Korea
South Asia
India, Thailand, Malaysia, Indonesia and Rest of South Asia
Oceania
Australia and New Zealand
Middle East and Africa
GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
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