DUBLIN, December 17, 2021--(BUSINESS WIRE)--The "Wet Cat Food Market by Nature, Price Point and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
The global wet cat food market was valued at $4.6 billion in 2020, and is projected to reach $7.9 billion by 2030, registering a CAGR of 5.7% from 2021 to 2030.
Wet cat food contains about 10.0% water and 90% of other dry ingredients. Wet cat food has higher amounts of proteins and fats, which improve its taste. Moreover, it is easily available in the market through various distribution channels, including supermarket/hypermarket, online stores, and specialty stores. In addition, increase in penetration of online stores is expected to drive growth of the wet cat food market, in terms of value sales, during the forecast period.
Moreover, the rise in trend of pet humanization act as a key driver of the global wet cat food market. Furthermore, from the past few years, the rise in concern has been witnessed regarding pet health among pet owners. This, in turn, has propelled growth of the wet cat food market. In addition, rapid growth of the retail sector and pet shops has propelled the growth of the market.
However, lack of awareness regarding the benefits of wet cat food is expected to hamper growth of the market during the forecast period. On the contrary, continuous innovation in wet cat foods and increase in penetration of online retail platform are expected to offer immense opportunities for the expansion of the global market during the forecast period.
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global wet cat food market from 2020 to 2030 to identify the prevailing market opportunities.
The key countries in all the major regions are mapped depending on their market share.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
The report includes the analysis of the regional as well as global wet cat food market, key players, market segments, end use, and growth strategies.
Rise in trend of pet humanization
Increase in awareness about pet health
Rapid growth of the retail sector and pet shops
Traditional ways of feeding pets
Lack of awareness regarding the benefits of wet cat food
Increase in regulatory on pet food
Product innovation and rise in demand for organic ingredients
Rapid penetration of online retail platform
Increase in pet ownership in developing nations
THE J. M. SMUCKER COMPANY
For more information about this report visit https://www.researchandmarkets.com/r/v5vs14
View source version on businesswire.com: https://www.businesswire.com/news/home/20211217005480/en/
ResearchAndMarkets.com Laura Wood, Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
(Bloomberg) -- Intel Corp. apologized after its opposition to Xinjiang labor sparked a backlash against the U.S. chipmaker in China, highlighting how multinational companies are increasingly getting caught up in a geopolitcal spat between two global powers over issues such as human rights. Most Read from BloombergOmicron May Double Risk of Getting Infected on Planes, IATA SaysOmicron Has 80% Lower Risk of Hospitalization in South AfricaOmicron Hospitalization Risk Is Far Below Delta’s in Two Stu
Dr. Owais Durrani, an emergency medicine physician, joins Yahoo Finance to discuss what Pfizer’s COVID-19 pill and Biden’s winter plan to address rising Omicron cases means in the fight against the coronavirus.
See: I’m a 35-year-old father of four with $135,000 saved for retirement. Retirement can be an emotional time, usually for individuals leaving the workforce who have felt their careers defined much of who they are, but sometimes also for the retiring person’s family. Your wife may have a lot of feelings associated with your retirement, and it’s important to keep her in the loop every step of the way, as you seem to have done so far.
(Bloomberg) -- China’s reaffirmation of a long-term goal to be almost entirely self-sufficient in pork production means it will keep scooping up global grain supplies to feed the world’s largest pig herd. Most Read from BloombergOmicron May Double Risk of Getting Infected on Planes, IATA SaysOmicron Has 80% Lower Risk of Hospitalization in South AfricaOmicron Hospitalization Risk Is Far Below Delta’s in Two StudiesJersey Shore Town Beats Florida Locales as Zillow Retirement HotspotBiden Extends
Mining profitability levels for bitcoin are finally on the decline, according to a new report. And months of declining profitability may follow.
These are the utilities stocks with the best value, fastest growth, and most momentum for January 2022.
The administration has been calling for more output to rein in gasoline prices, but producers say its climate-change focus is a brake on more drilling.
Some retirement advisors are cautioning that the famous 4% Rule no longer works. But the inventor of the 4% Rule says you can actually withdraw 4.7%.
The Russell 1000 Index is a market-capitalization-weighted index of the 1,000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market. Value investing is a factor-based investing strategy that involves picking stocks that you believe are trading for less than what they are intrinsically worth, usually by measuring the ratio of the stock's price to one or more fundamental business metrics. Value investors believe that if a business is cheap compared to its intrinsic value, (as measured by its P/E ratio, in this case) the stock price may rise faster than that of others as the price comes back in line with the worth of the company.
(Bloomberg) -- Intel Corp. is facing criticism in China after it asked suppliers not to use Xinjiang labor or products, threatening to ensnare the U.S. chipmaker in a dispute over human rights in the far western Chinese region. Most Read from BloombergOmicron May Double Risk of Getting Infected on Planes, IATA SaysOmicron Has 80% Lower Risk of Hospitalization in South AfricaOmicron Hospitalization Risk Is Far Below Delta’s in Two StudiesJersey Shore Town Beats Florida Locales as Zillow Retiremen
These are the natural gas stocks with the best value, fastest growth, and most momentum for Q1 2022.
(Bloomberg) -- Electricity prices surged to a fresh record as France scrambled to keep its lights on, sucking up supplies from the rest of Europe.Most Read from BloombergModerna’s Third Dose Boosts Antibodies Against OmicronS&P 500 Has Biggest Three-Day Drop Since September: Markets WrapOmicron Becomes Dominant U.S. Strain With 73% of Covid CasesBilly Joel NYC Show Going Ahead; Quebec Closures: Virus UpdateTurkish Lira Swings After Its Biggest Rally in 38 YearsFrance, usually an exporter of powe
(Bloomberg) -- Apple Inc. temporarily shuttered at least eight retail stores in the U.S. and Canada over the past day as Covid-19 cases surged among the public and employees.Most Read from BloombergOmicron May Double Risk of Getting Infected on Planes, IATA SaysOmicron Has 80% Lower Risk of Hospitalization in South AfricaOmicron Hospitalization Risk Is Far Below Delta’s in Two StudiesJersey Shore Town Beats Florida Locales as Zillow Retirement HotspotBiden Extends Student-Loan Payment Pause Afte
Workplace stress is rampant and resignations have risen. Employers are struggling to stop employees from leaving and to boost morale. Some are trying four-day workweeks, mandatory vacation days and other new ways of working.
The United States has enough reserves of lithium, copper and other metals to build millions of its own electric vehicles (EVs), but rising opposition to new mines may force the country to rely on imports and delay efforts to electrify the nation's automobiles. The tension underscores the dilemma facing the United States going into 2022, a year in which U.S. policymakers hope to see groundbreakings on a raft of EV manufacturing facilities from Ford Motor Co, General Motors Co and others. President Joe Biden signaled earlier this year he prefers to rely on allies for EV metals, part of a strategy designed to placate environmentalists.
The number of people leaving the workforce to become semi-retired, instead of fully retired, is growing. Here is a look at the reasons and options.
(Bloomberg) -- China Telecom (Americas) Corp. said it intends to continue most of its U.S. operations despite an order from regulators to stop due to espionage concerns.Most Read from BloombergOmicron May Double Risk of Getting Infected on Planes, IATA SaysOmicron Has 80% Lower Risk of Hospitalization in South AfricaOmicron Hospitalization Risk Is Far Below Delta’s in Two StudiesJersey Shore Town Beats Florida Locales as Zillow Retirement HotspotBiden Extends Student-Loan Payment Pause After Vir
Europe's energy crisis got even worse on Tuesday as a shortage of natural gas, nuclear outages, declining wind power output, and cold weather boosted prices
After a blowout year, finance executives plan to go on rewarding their shareholders, and see little chance of a slower economy or a tax rise denting the momentum.
Industry regulator Finra alleged the firm failed to detect transfers of client funds to two brokers’ own accounts.