Pet Food Market is expected to expand at a CAGR of 4.4% from 2022 to 2030
Pet Food Industry Overview The global pet food market size was valued at USD 94.76 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2030. Increasing consumer awareness regarding natural and organic pet food products has forced the manufacturers to shift their focus from synthetic to natural products which has acted as one of the major forces impacting the global market. Gather more insights about the market drivers, restrains and growth of the Global Pet Food Market Convenience benefits related to dry organic and natural pet food are projected to drive the product demand. Unlike most conventional pet foods, organic and natural pet foods are being used on a large scale. Growing dog food demand along with higher traction in the premium pet food segment is anticipated to drive the pet food market over the forecast period. Dry food is witnessing rapid growth in demand as compared to other product coun...