From GlobeNewswire: 2024-04-08 04:00:00

The global cat food market is projected to grow from USD 35.7 billion in 2023 to USD 48.9 billion by 2033, with a CAGR of 3.20%. Cat food provides essential nutrients for cats’ health, with options like wet food, dry food, treats, and more. The market is driven by the rising number of people adopting cats as pets, leading to increased demand for cat food.

Amid the different types of cat food, the wet food segment is expected to dominate the global market due to its high moisture content and proper nutrition for cats. Supermarkets and hypermarkets are anticipated to hold the largest share in cat food distribution channels. North America is projected to lead the global cat food market, with an increasing number of pet owners contributing to growth.

Major players in the global cat food market include Mars Petcare, Nestle Purina PetCare Company, Hill’s Pet Nutrition, and more. Recent developments like Mars Petcare acquiring Champion Pet foods and Hill’s Pet Nutrition introducing formulas for cats with cancer are driving innovation in the industry. Investors, end-users, government authorities, and consulting firms are key targets for market players in this growing industry.



Read more at GlobeNewswire: Global Cat Food Market Size To Worth USD 48.9 Billion By