Pet Food Trends 2024. Vietnam pet food market is. That's an increase of well over 100% in total market size.
Until more recently, pet food innovations have primarily been targeted at dog owners while cat food remained the same. The largest accounts are looking to leverage momentum for incremental funding in 2024. Smucker, natural balance, and post.
Here Are 7 Important Trends In The Pet Industry For 2024 And Beyond.
There is a shift towards beverages with reduced or zero alcohol content, allowing consumers to enjoy intricate flavored mixed drinks without the alcohol. According to a study by research and markets, the global animal feed market is projected to exceed $960bn (ยฃ762bn) by 2030, with demand being driven by the increasing commercialisation of the.
The Largest Accounts Are Looking To Leverage Momentum For Incremental Funding In 2024.
Us pet market sales revenue has increased every year in the last decade, growing from $50.96 billion in 2011 to an estimated $123 billion in 2021.
Pet Food Trends 2024 Images References:
Atlanta โ About 400 Pet Food Industry Professionals Gathered At The American Feed Industry Associationโs (Afia) Annual Pet Food Conference, Held Jan.
The revenue in the 'pet food' segment of the food market in turkey was forecast to continuously increase between 2024 and 2028 by in total 3.3 billion u.s. Retail sales of pet food for dogs and cats increased 6.4% from the previous year.
Despite Slowed M&A Activity In 2023, We Saw More Than 25 M&A Deals, Including Notable Transactions From J.m.
Personalized pet nutrition is the answer.