Market revenue in 2022 | USD 137.3 million |
Market revenue in 2030 | USD 183.7 million |
Growth rate | 3.7% (CAGR from 2022 to 2030) |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | |
Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet food market will help companies and investors design strategic landscapes.
The adoption and purchase of pets, including dog, cats, reptiles, birds, and fishes, in South Africa witnessed a significant increase post covid thus increasing the demand for pet food. In order to fulfill the increasing demand market players such as Food Corp Pty. Ltd., RCL Foods, Mars Africa Pty. Ltd., and Martin & Martin, have enhanced the market expansion in the country.
Specialty pet food stores, supermarkets, and retailers are some of the prominent pet food distribution channels; however, online retail stores have gained prominence amid the outbreak of COVID-19.
Lack of awareness and high costs of pet foods are some of the factors that are likely to restrain the demand for pet food. Leftovers and homemade food are dominant when compared to processed pet food in the region.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa pet food market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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