Rise in trend of having nuclear families where the pets are treated as a family member and are more concerned regarding the health and eating habits of their pet, is fueling the growth of the market. These days’ pet owners are known to show more concern regarding the animal health due to the rise in various problems such as obesity.
Sicknesses like arthritis have grown recently and proved to have a negative impact on the health of the pets. Pet owners are now more aware about the food products that they buy for their pets, which are expected to meet the requirement of the pets. These have led to the increase in uptake of the pet canned food as it provides essential nutrients required by the pets. Cost of canned pet food is expected to deter the market as they are expensive and not affordable by all.
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Canned pet food contains high water content which helps in increasing the overall fluid intake by pets in addition with keeping the pet’s kidneys and bladder healthy. In addition, in canned pet food products the ingredients present are more easily digested and utilized by the pets. Canned pet food is more expensive as compared to dry food due to the sterilization process used for pet food products to deactivate the growth of microorganisms present in the container.
Canned pet food have been immensely popularized in recent times due to moisture capturing capacity in the food, which the semi-moist or dry pet food products lack in. Canned pet foods are sterilized by various sterilization methods, which curbs pathogens from further activating in the canned containers. Apart from these factors, the global canned pet food market is boosted because of the ingredients present in the canned pet food. These ingredients are found to easily digestible, thus keeping a healthy digestive system intact. Change in customer’s lifestyle is significantly causing a positive impact on the growth of the market.
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The global canned pet food market can be classified on the basis of ingredient type, animal type, and region and distribution channel. Based on animal type the canned pet food can be segregated into bird, cat, dog, and others. The global canned pet food market is distributed through online stores, supermarket/hypermarket, specialized pet shops, and various grocery and pharmaceutical stores. On the basis of ingredients the canned pet food can be divided into, animal derived, cereal derivatives, plant derived and others. Geographically, the global canned pet food market is spread across Latin America, North America, MEA, Asia Pacific, Eastern Europe, and Western Europe. North America has dominated the global market but Asia Pacific is anticipated to become the fastest growing market during the forecast period.