Europe Pet Food Market to Reach Us$28,146.1 Million by 2021 Owing to Rising Awareness on Pet Health

Transparency Market
Research

Pet Food Market - Europe Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2021

Published Date
20-04-2015

71 Page Report

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Press Release

Europe Pet Food Market to Grow to US$28.1 bn by 2021 as
Owners Show High Concern over Pet Health

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Pet Food Market

REPORT DESCRIPTION

The Europe pet food market is expected to exhibit a moderate CAGR of 1.30% within a forecast period from
2015 to 2021. The market was recorded at US$25.7 bn in 2014. By the end of 2021, the Europe pet food
market is expected to reach US$28.1 bn, as stated in a research report released by Transparency Market
Research, titled “Pet Food Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2021.” The report provides an accurate analysis of the macro and micro factors that influence this
market, including socioeconomic factors.
The pet food being manufactured in Europe is rapidly diversifying. Manufacturers are paying more
attention to the increasingly diverse types of pets that people are keeping. In addition to the type of pets,
more and more people are becoming aware of the differences in nutrition and food intake for different
breeds of cats and dogs, thus increasing the scope of growth for the pet food market.
According to the report, the key driver of the Europe pet food market is the increasing number of dog
owners in this region, coupled with the higher awareness towards pet health and nutrition. All countries in
the Europe pet food market are considered major areas for growth.
The Europe pet food market is segmented according to food type, pet type, and country, for the sake of a
simpler yet descriptive grasp over the market dynamics.
On the basis of food type, the Europe...