Pet Food Retailing Market Discussed by Euromonitor in Comprehensive Research Study Now Available at MarketPublishers.com15 Jul 2015 • by Natalie Aster
LONDON – The pet food retailing market landscape is in a state of flux. As the competition intensifies, novel challenges are emerging in a marketplace where customers are increasingly savvy.
Price competition is improving as the relatively high margins offered by pet food, particularly in the premium segment, entice a surging number of grocery retailers, especially discounters, to reinforce their presence in the category.
The cat and dog treats categories are posting the highest growth in the pet food market, and the surging impulse buying frequency represents a good opportunity for smaller retail formats, like convenience stores, to boost their sales.
With older populations driving less and millennials concentrating on convenience, big-box retail formats like pet hypermarkets and superstores are likely to struggle to stay competitive, whilst urban store formats are expected to thrive.
Comprehensive research study “Strategies in Pet Food Retailing: Part 1” prepared by Euromonitor International provides an extensive analysis of the global market for pet food retailing. It provides data on market sizes (historical and forecasted), brand shares, company shares, and distribution data. The report identifies and examines the leading and emerging firms and brands, presents a strategic analysis of major factors impacting the market, including general information on pet population, pet ownership by household and prepared gap ratio. The study limelights the buzz themes, emerging geographies, categories and trends and also burning industry issues and white spaces. In-depth forecasts showing how the market is set to evolve in the years to come are also provided in the publication.
Strategies in Pet Food Retailing: Part 1
Published: June, 2015
Price: US$ 1,325.00
More comprehensive reports by the publisher can be found at Euromonitor page.