Pet Food Market in Asia Pacific in Terms of Volume Is Expected to Reach 803.3 Kg Million by 2020

Transparency Market

Research

Pet Food Market - Asia Pacific Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

Published Date

08-04-2015

62 Page Report

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Press Release

Asia Pacific Pet Food Market is Expected to Reach USD 10,720.0

Million and in terms of volume is Expected to Reach 803.3 kg

Million in 2020

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Asia Pacific Pet Food Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research “Pet Food Market - Asia

Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” the asia Pacific pet food

market was valued at USD 9,100.0 million in 2013 which is expected to reach USD 10,720.0 million by

2020, growing at a CAGR of 2.3% from 2014 to 2020. In terms of volume the pet food market in Asia Pacific

was valued at 688.6 kg million in 2013 and is expected to reach 803.3 kg million by 2020, growing at a

CAGR of 2.1% from 2014 to 2020.

The pet food market in terms of pet type has been segmented into dog food, cat food and others. The dog

food segment held the largest market share in the pet food market in Asia Pacific. Increasing disposable

income and rising trend for nuclear family are some of the major factors fueling the demand for dog food

in Asia Pacific. However, the others segment including fish food, reptile food, bird food and other small

animals is one of the fastest growing segments in Asia Pacific.

In addition, the pet food market can be further segmented in terms of food type into: dry food, wet

food/canned food, nutritious food, snacks/treats and others. The dry food segment held the largest market

share in Asia Pacific. Ease of handling and lower prices of dry food as compared to other food types is one

of the major factors...