Pet Food Market - Middle East and Latin America

Transparency Market

Research

Pet Food Market - Middle East And Latin

America Industry Analysis, Trend, Size, Share

and Forecast 2014 – 2020

Published Date

2015-04-16

69 Page Report

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Press Release

Middle East Pet Food Market is Expected to Reach USD 350.5

Million by 2020, and Latin America Pet Food Market is Expected to

Reach USD 10,361.0 Million by 2020

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Pet Food Market Middle East

And Latin America

REPORT DESCRIPTION

Pet Food Market - Middle East And Latin America Industry Analysis, Trend, Size, Share

and Forecast 2014 – 2020

According to a new market report published by Transparency Market Research “Pet Food Market Middle East And Latin America Industry Analysis, Trend, Size, Share and Forecast 2014 - 2020”,

the Middle East pet food market was valued at USD 239.6 million in 2013 and is expected to

reach USD 350.5 million by 2020, growing at a CAGR of 5.6% from 2014 to 2020, and the Latin

America pet food market was valued at USD 8,202.1 million in 2013 and is forecast to reach USD

10,361.0 million by 2020, growing at a CAGR of 3.4% during the forecast period.

Browse the full Pet Food Market report at

http://www.transparencymarketresearch.com/middle-east-latin-america-pet-food-market.html

The pet food market in Middle East and Latin America is primarily driven by growing awareness

regarding pet health. Consequently demand for packaged and branded food is expected to

increase in near future. Moreover, with growing urbanization comes busy work schedule. As the

company of pets act helps to release stress, there is an increasing trend of people adopting pets.

This factor is also driving the demand for pet food in these regions. In addition, demand for pets

for companionship and for security reason is rising due to the growing trend of the nuclear family.

This, in...