NEW YORK, July 14, 2015 /PRNewswire/ -- This market research study analyzes the Pet Food Market in Asia Pacific and provides estimates in terms of revenue (USD million) from 2014 to 2020 as well as volume in terms of kg million from 2014 to 2020. It recognizes the current market trends affecting the pet food market and analyzes their impact over the forecast period. Moreover, it also analyses the Average Selling Price (ASP) in various product segments across various countries.
The pet food market in terms of pet type has been segmented into dog food, cat food and others. The others segment includes bird food, reptile food, fish food and other small animals among others. In terms of food type the pet food market in Asia Pacific has been segmented into dry food, wet food/ canned food, nutritious food, snacks/treats and others. The others segment includes raw meat and other household products. The dog food segment held the largest market share in pet food market in Asia Pacific. Increasing population of dogs as pets and increasing trend of nuclear family are the major factors fueling the demand for dog food in Asia Pacific.
However, the others segment including reptile food, bird food and fish food among others is the fastest growing market for pet food in Asia Pacific. The dry food segment held the largest market share in pet food market owing to ease of handling and lower prices compared to other segments. However, the nutritious food segment is the fastest growing segment for pet food in Asia Pacific. Increasing awareness about pet health is one of the major factors fueling the demand for pet food in nutritious food segment.
The Asia Pacific pet food market has been further segmented by country into China, Japan, Australia, South Korea, India and rest of Asia Pacific. Japan is one of the major countries fueling the demand for pet food in Asia Pacific. Increasing trend of nuclear family and small dwelling places are the major factors fueling the demand for pet food in Japan. However, in recent times the demand for small pets has increased considerably. However, the pet food market in Japan is expected to have stable growth in the forecast period. However, India and China are some of the major markets for pet food in Asia Pacific. India with increasing trend for nuclear family and awareness about pet health is fueling the demand for pet food in India.
However, China is also having huge potential for pet food. China is having one of the largest pet populations globally. Increasing disposable income is also boosting the demand for pet food in China. Dog food held the largest market share for pet food in China followed by cat food in 2013. By food type, the dry food segment held the largest market share in pet food in China. However, nutritious pet food is the fastest growing segment owing to increasing awareness about pet health in China.
The report also analyzes macro economic factors influencing and inhibiting the growth of pet food market in Asia Pacific. In addition, the report also provides Average Selling Price (ASP) across all the product segments in countries analyzed in the course of research. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
This report provides strategic analysis of the Asia Pacific pet food market and the growth forecast for the period 2014 to 2020. The span of the report includes competitive analysis of various market segments based on the pet type, food type and in-depth cross sectional analysis of the pet food market across different countries.
In the report, the market has been segmented by food type, pet type and by country. The study highlights current market trends and provides the forecast from 2014 to 2020. We have also covered the current market scenario for the pet food market and highlighted future trends that will affect demand. By country, the market has been segmented into China, Japan, Australia, India and rest of Asia Pacific. The present market size and forecast until 2020 have been provided in the report. In addition, the report also provides brand share of the major brands in the countries covered within the scope of research.
The report segments the Asia Pacific Pet Food Market as:
Asia Pacific Pet Food Market: By Country
Rest of Asia Pacific
The report provides a cross-sectional analysis of all the below segments with respect to the above mentioned countries.
Asia Pacific Pet Food Market: By Pet Type
Asia Pacific Pet Food Market: By Food Type
Wet Food/ Canned Food
Read the full report: http://www.reportlinker.com/p02912633-summary/view-report.html
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