Fish Based Pet Food Market: Global Trends and Growth Analysis … – Future Market Insights

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The fish based pet food market was valued at US$ 10.0 Bn in 2022, exhibiting growth at a CAGR of 4.9% during the forecast period (2022-2032), reaching US$ 16.2 Bn by 2032. The overall demand in global fish based pet food is projected to witness year-on-year (YoY) growth of 4.3% in 2022. Growing demand for new snacks, foods, and dining experiences for their pets, along with long-term health benefits from food products is boosting the fish based pet food market.
Pet owners have become increasingly aware about the health requirements of their pets. They are also willing to spend on food with wholesome nutrients. Besides this, growing focus on ascertaining long-term health of pets will drive the sales of fish based pet food.
Furthermore, manufacturers are introducing pet food that addresses common health concerns in pets such as bad breath, skin issues, sensitive stomachs, allergies, kidney disease, and others. This led the fish based pet food industry to change from simple products that target adult pet maintenance to an improved high energy, nutritious, and specially fortified product focus.
In line with giving pets a custom and raw meal, key manufacturers of fish based pet food products are launching different innovative and all-rounder solutions like supplements, which are available for mixing with raw materials or to be taken additionally by pets in order to meet the nutritional needs and fulfilling the diet.
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 Key Takeaways from Market Study
“Fish based pet food manufacturers are introducing new tastes and innovative packaging while bringing in new products with different formulations that offer functional health benefits to pets. This is expected to create lucrative opportunities for the key players,” says a Future Market Insights analyst.
Competitive Landscape
Key manufacturers in fish based pet food market are primarily focusing on research and development to expand their product portfolio and enhance the quality of pet food. They are also emphasizing on expanding their regional footprint to gain competitive edge in the fish based pet food industry.
For instance,
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Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global fish based pet food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
By Nature:
By Product Type:
By Pet Type:
By Packaging:
By Distribution Channel:
By Region:
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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