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Dog Food and Snacks Market Share

Report ID: GMI3185
Published Date: Nov 2023
Report Format: PDF

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Dog Food and Snacks Market Share

Mars, Inc., a global powerhouse in the dog food and snacks industry, has employed several growth strategies to maintain its leading position. Firstly, the company focuses on product innovation and diversification, regularly introducing new formulations to meet various dietary needs, from specialized diets to natural and premium offerings. Secondly, Mars emphasizes marketing and brand management, creating strong brand recognition and customer loyalty. Moreover, strategic acquisitions, such as the purchase of VCA Inc. and AniCura, have expanded its reach into the pet healthcare sector. Other prominent industry players include:

Nestle
Hill’s pet Nutrition
Blue Buffalo
Deuerer
The J.M. Smucker Company (Natural Balance, Nutrish)
Champion Petfoods

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of dog food and snacks is set to expand at 4.5% CAGR through 2032, owing to the increasing pet humanization trend and a higher demand for premium products.

The online distribution channel segment is poised to witness a steady growth during 2023 to 2032, owing to the convenience of home delivery and choosing from a wide range of products from anywhere using internet.

North America market is expected to lucrative expansion over 2023-2032, favored by a significant pet-owning population and a growing trend of pet humanization.

Nestle, Hill