The pet food market
of Middle East and Latin America is expected to experience a stable
growth from 2014 to 2020. The pet food market report is segmented on
the basis of pet type, food type and by geography. The various
category of food type includes dry food, wet/ canned food, snacks/
treats, nutritious and others including semi dry food and frozen
food. By country, the pet food market of Middle East is segmented by
country into Israel, UAE and others. The Latin America pet food
market is segmented by country into Brazil, Argentina, and others
consisting of Chile and Venezuela.
The pet food market
of Middle East and Latin America is primarily driven by growing
awareness of pet owner’s regarding pet health, thus increasing the
demand for packaged and branded food. In addition, demand for pets
for companionship and for security reason is rising due to the
growing trend towards nuclear family. This, in turn, has
significantly boosted demand for pet food in these regions.
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full Pet Food Market report at:
However, the rising
incident of pets being allergic and strict government regulations
acts as the restraining factors for the growth of pet food market. In
addition, the increasing expense of feeding pets and cultural/Islamic
regulations also hinders the growth of pet food market.
The study highlights
current market trends and provides the forecast from 2014 to 2020. We
have also covered the current market scenario for pet food market and
highlighted future trends that will have an impact on demand. The
present market size and forecast until 2020 has been provided in the
report. The micro economic factor affecting the demand and growth of
the market has also been provided in the report.
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the full Press Release:
http://www.transparencymarketresearch.com/pressrelease/middle-east-latin-america-pet-food-market.htm
The pet food market
in the Middle East is expected to experience stable growth during the
forecast period. Demand for pets for companionship is rising due to
the growing trend towards nuclear family. This, in turn, has
significantly boosted demand for pet food in the region. Furthermore,
increasing awareness among people regarding the health of pets is
anticipated to fuel demand for pet food in Middle East and Latin
America. In Latin America, the major factor fuelling the demand of
pet food is rapid urbanization. Urbanization is associated with busy
work schedule leading to increasing adoption of pets.
In both Middle East
and Latin America, dry pet food held the maximum share in the pet
food market among the different food types because of its ease of
handling and less cost. Moreover, it is easier to feed pets with dry
pet food. Among the pet types, the dog food held the major share. The
trend shows that dogs are much more preferred than other pets as it
can be used to release stress and for security purposes also. This
factor is fuelling the demand for dog food in this region. However,
in both Middle East and Latin America the nutritious pet food is the
fastest growing segment. As people are getting more attached towards
pet they are becoming very much cautious about their pet’s
nutrition. Owners endeavor to provide nutritious food to pets is the
factor responsible for the growth of the nutritious pet food market.
The conclusive
analysis of the Middle East and Latin America Pet food market and the
forecasted market growth for the period 2014 to 2020 is provided in
this report. The report provides in depth study of different market
segments and detailed analysis of the pet food market in all possible
way across different segments based on food type, pet type and by
geography.
Overall, the report
takes into account a complete analysis of Middle East and Latin
America pet food market and provides a predicted growth for the
period 2014 to 2020, taking into account the various macro and micro
economic factors affecting the market.
The pet food market
is segmented into:
Pet Food Market, by
Pet Type
Dog Food
Cat Food
Others
Pet Food Market, by
Pet Food Type
Dry Food
Wet/Canned Food
Nutritious
Snacks/ Treats
Others
Pet Food Market, by
Geography:
Middle East
Israel
UAE
Others
Latin America
Brazil
Argentina
Others
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