Global Animal Food Market: Increasing Pet Ownership in Emerging Countries Crucial for Sustained Growth, Says Tmr

Transparency Market Research

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Global Animal Food Market - Industry
Size, Share, Trends, Analysis, And
Forecasts 2012 - 2018

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REPORT DESCRIPTION

The global animal food market is likely to be driven by the increasing pet ownership in emerging countries in the coming years,
according to a new report from Transparency Market Research (TMR). The report studies the development trajectory exhibited
by the global animal food market and presents an analysis of the market’s current condition. Key indicators derived from a solid
analysis of these figures form the basis of reliable predictions regarding the market’s growth in the coming years. The report is
titled ‘Global Animal Food Market - Industry Size, Share, Trends, Analysis, And Forecasts 2012 – 2018.’
Know More About Animal Food Market Report At:http://www.transparencymarketresearch.com/sample/sample.php?
flag=B&rep_id=297
One of the key drivers for the global animal food market is the increasing number of pet owners in developed as well as
developing economies. While owning a pet is already common in North America and Europe, leading to a firmly established
presence of a strong sales network for animal food and accessories, pet ownership is an emerging phenomenon in developing
countries in Asia Pacific and Latin America. This presents an immense scope for future development of the animal food market,
as the purchasing power of consumers in these regions is growing steadily, leading to not only an increase in the number of pet
owners, but their purchasing power...