Fish Based Pet Food Market Is Set to Witness Growth at A CAGR of 4.9%: FMI – GlobeNewswire

March 30, 2022 10:45 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
Valley Cottage, New York, UNITED STATES
DUBAI, United Arab Emirates, March 30, 2022 (GLOBE NEWSWIRE) — The global fish based pet food market is set to witness growth at a CAGR of 4.9% and top a valuation of US$ 16,213.2 Mn by 2032. 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.
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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.
 Key Takeaways from Market Study
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“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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Fish Based Pet Food Market by Category
By Nature:
By Product Type:
By Pet Type:
By Packaging:
By Distribution Channel:
By Region:
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.
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The study offers compelling insights based on nature (organic, conventional), by product type (dry, wet, treats & chews, and others), pet type (cat, dog, birds, and others), packaging (pouches, bags, folding cartons, tubs & cups, can, and bottles & jars), distribution channel (store-based retailing and online retailers) across seven major regions of the world.
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