Showing posts with label Pet Food Market Share. Show all posts
Showing posts with label Pet Food Market Share. Show all posts

Wednesday, 13 January 2016

The Global Pet Food Market is witnessing rapid growth due to the rising number of pet owners.


The growing concerns of owners regarding nutrition and balanced diets for their pets has prompted the rise of commercial pet foods and boosted the market. It seems likely that ingredients like omega-3 fatty acids, which are beneficial for health and frequently consumed by humans, will soon be commonly incorporated in pet food. Low protein, low ash and easily digestible pet foods enable owners to make sure that their pets stay healthy. According to Pet Food Institute (PFI), sales of cat and dog food rose to $19 billion in 2012. Pet owners are willing to spend more on products that promote the health and happiness of their pets.