The Germany pet food market grew at a
significant rate owing to the increased adoption of pets among the population
that gave rise to the demand for pet food. Pet food is considered a proper diet
for domesticated animals that meets their nutritional needs. Pet food commonly
contains meat, meat by-products, grains, grain, vitamins, and minerals. There
are over 3,000 different pet food alternatives, including dry, canned, and
semi-moist kinds, as well as biscuits, kibbles, and treats. The majority of pet
food is "complete and balanced," which means that each serving contains
all of the nutrients required. As a result, veterinary scientists and experts
in companion animal nutrition create painstakingly crafted recipes for pet
foods. The four major types of nutrients include proteins, lipids,
carbohydrates, vitamins, minerals, and independent amino acids.
The production of pet food was 2,363.8 metric
tons in 2020. In Germany, the pet population was estimated at around 34.5
million animals in 2016. According to the German Pet Trade and Industry
Association, 43 percent of German homes have at least one pet, with 58 percent
of families with children adopting their pet. Additionally, increased pet
adoption, rising demand for premium dog and cat food, and changes in pet animal
food manufacturers' strategy have all boosted dog and cat food sales in Germany.
During the lockdown, pet owners stocked up on dog and cat food, resulting in a
short-term spike in sales.
Germany's pet food industry had witness
growth volume (+2.5%) and current value (+2.6%) growth during the start of the
period under consideration. As individuals become increasingly
concerned about the health of their pets, the adoption of pet food is
increasing. Pet food provides sufficient nourishment and energy to animals,
allowing them to live a healthy life. As a result, consumers are attempting to
train their pets to eat pet food to improve their health. Over the historical
period of 2016-2020, the trends of adopting pets among the population gave rise
to the usage of pet food drove Germany Pet Food Industry during 2016 -2020.
For More Queries About "Germany Pet Food Market" @ https://www.industryarc.com/support.php?id=700003
Germany Pet Food Market Growth
Drivers
Consumers Are Growing Increasingly Interested
In Health And Wellness Of Their Pet That Has Readily Driving The Market Growth
Nowadays, people are
concerned about the health of their pets which results in a growing demand for
pet food. According to various research, 44% of adults consider their pet as
children and they treat them like their own baby which increase the use of a nutritious
diet for their pet and hence escalating the market growth. Pet owners want the
same high-quality food for their pets as they do for themselves. Pet owners are
increasingly less concerned about the price of pet food and more concerned
about the food's quality. Almost half of German pet owners are giving up their
Netflix subscription to pay for high-quality pet food, and at least 55 percent
of German pet owners are working hard to pay for pet food. Owing to all such
reasons, the demand for pet food grew in the timeframe of 2016 - 2020.
Rising Adoption Of Pets Among Geriatric Population
Drove The Market Growth
Among the elderly population, the adoption of pets soaring owing to their loving nature and caring attitude. People in today's generation are busy due to their work schedules, and as a result, they are unable to spend time with their grandparents or elders. People nowadays leave their families to pursue a great job, leaving the older generation alone at home. As a result, older people are adopting pets to make the most of their time. Animals can aid in the reduction of stress, the reduction of blood pressure, the increase of social contact and physical activity, as well as the reduction of depressive symptoms and feelings of loneliness. Dogs are the most commonly adopted animal among Germany's elderly population, and they have become an integral part of their family. Owing to such reasons, the adoption of pets surges among the older generation which further gave rise to the demand for pet food.
R&D
Investment:
In December 2020, Mars Pet care launched pet
food packaging with food safe recycled content. The move comes in the context
of a joint partnership of Mars Pet care with SABIC and Huhtamaki to develop and
deploy recycled plastic in pet food pouches using advanced recycling
technologies.
The Major Players in this
Market Include
The major companies in the Germany pet food market include Mars
Incorporated, Nestle S.A., Vitakraft-Werke
Wührmann & Sohn GmbH & Co., KG, The
Procter & Gamble Company, Deuerer, Heristo AG, Aldi, Fressnapf, Carry Pet Food, and K&K
Petfood GmbH among others.
Over the years, major market players have focused on different types of pet food which is beneficial for the health of the animal. The launch of new market companies, adequate funding, and government-aided policies help in the innovation of pet food products. The continuous developments in the German pet food market are the major factors set to drive the Germany Pet Food Market over the historical period 2016-2020.
To request for a quote, provide your details in the below link:
https://www.industryarc.com/reports/request-quote?id=700003
Media Contact:
Mr. Venkat Reddy
Sales Manager
Email: [email protected]
Contact Sales: +1-970-236-3677
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.