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Asia Pacific Pet Food Market is Expected to Reach USD 10,720.0 Million in 2020

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Multinational companies have long aimed to the large number of Asian households and their need for various goods and services. On the basis of daily spending levels of US$2-US$20, the Asian Development Bank estimates 56% of the population could be r
Transparency Market
Research
Canned Fruits Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 - 2019
Published Date
08-04-2013
62 Page Report
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Press Release
Asia Pacific Pet Food Market is Expected to Reach USD 10,720.0 Million
and in terms of volume is Expected to Reach 803.3 kg Million in 2020
Transparency Market Research
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90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
Canned Fruits Market
REPORT DESCRIPTION
Multinational companies have long aimed to the large number of Asian households and their need for
various goods and services. On the basis of daily spending levels of US$2-US$20, the Asian Development
Bank estimates 56% of the population could be regarded as middle class in 2002, representing a
significant growth from only 21% in 1990. Thus, the proportion of middle-class spenders is rising at an
unwavering pace.
With rising incomes comes the financial ability to splurge on luxuries such as pets. The pet population in
Asia Pacific has been growing at a steady rate over the last decade and more, leading to pet food
manufacturers increasingly looking at APAC as the market of the present and future.
With Australia and New Zealand included, where pets outnumber humans, Asia’s total pet population
totaled to approximately 488 million in 2011, which makes for a whole lot of pet food. Asia Pacific makes
up a significant chunk of this pet population, thanks to the growing figures in Australasia, India, and China.
Additionally, with growing wealth and busy lifestyles, couples tend to have fewer children, which is another
reason why pets are becoming more popular.
How is Japan a Strong Contender in Pet Food Market in Asia Pacific?
Amongst all the APAC national markets for pet food, Japan is the largest, where more and more people
consider pets to be family members, which translates to more business opportunities for pet food
manufacturers. With apartments becoming the most popular type of residence in Japan, dogs and cats,
particularly smaller breeds, are the most popular pets.
However, it appears that the dog and cat populations in the country have reached their maximal level. In
2008, the combined dog and cat population was 24 million in Japan, which diminished to 20.7 million in
2011. This drop of almost 14% can be attributed to higher life expectancy of pets due to availability of
better food and living conditions.
In general, there is less interest in ‘other’ pets in Japan. Due to alarming concerns about avian (bird) flu,
the import of birds into Japan is restricted; hence, the number of pet birds, approximated at 3.7 million in
2006, dropped to 2.3 million in 2011. Although the adoption of small reptiles and small fish rose in 2010
and 2011 as compared to the late 2000s, it remains a relatively small market.
Request a Brochure of this Report :http://www.transparencymarketresearch.com/sample/sample.php?
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Transparency Market Research (TMR) offers insights into what the pet food market in Asia Pacific will look
like in the coming years:
•
The dog food segment holds the largest market share and is estimated to reach US$6,554.2 million
by 2020.
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Canned Fruits Market
•
The others segment, which includes bird food, reptiles, fish food, and other small animals will
exhibit the fastest growth at a CAGR of 2.7% from 2014 to 2020.
•
Ease of handling and low price account for high demand for dry pet food in Asia Pacific.
•
Increasing awareness about pet health will lead the nutritious food segment to reach US$361.3
million by 2020.
•
With a large proportion of the Japanese population choosing not to have children, pets are
increasingly considered as a substitute, which is encouraging a “pampered pet’ industry. This
accounts for Japan to become one of the largest markets for pet food in Asia Pacific.
•
Changing lifestyles and growing trend of nuclear families in India is leading to higher demand for
pets in India, which in turn is helping the pet food market in the country.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology
Chapter 2 Executive Summary
Chapter 3 Asia Pacific Pet Food Market Analysis, by Pet Type
3.1 Overview
3.2 Dog Food
3.2.1 Market size and forecast, 2013 – 2020
3.3 Cat Food
3.3.1 Market size and forecast, 2013 – 2020
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Canned Fruits Market
3.4 Others
3.4.1 Market size and forecast, 2013 – 2020
Chapter 4 Asia Pacific Pet Food Market Analysis, by Food Type
4.1 Overview
4.2 Dry Food
4.2.1 Market size and forecast, 2013 – 2020
4.3 Wet Food/Canned Food
4.3.1 Market size and forecast, 2013 – 2020
4.4 Nutritious Food
4.4.1 Market size and forecast, 2013 – 2020
4.5 Snacks/Treats
4.5.1 Market size and forecast, 2013 – 2020
4.6 Others
4.6.1 Market size and forecast, 2013 – 2020
Chapter 5 Asia Pacific Pet Food Market Analysis, by Country
5.1 Overview
5.2 China
5.2.1 Market size and forecast, 2013 – 2020
5.2.2 Brand Share, China Pet Food Market, 2013
5.3 Japan
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Canned Fruits Market
5.3.1 Market size and forecast, 2013 – 2020
5.3.2 Brand Share, Japan Pet Food Market, 2013
5.4 Australia
5.4.1 Market size and forecast, 2013 – 2020
5.4.2 Brand Share, Australia Pet Food Market, 2013
5.5 India
5.5.1 Market size and forecast, 2013 – 2020
5.5.2 Brand Share, India Pet Food Market, 2013
5.6 South Korea
5.6.1 Market size and forecast, 2013 – 2020
5.6.2 Brand Share, South Korea Pet Food Market, 2013
5.7 Rest of Asia Pacific
5.7.1 Market size and forecast, 2013 – 2020
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
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business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
Contact
Transparency Market Research
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Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
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Email: [email protected]
Website: http://www.transparencymarketresearch.com/
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Author
Amy James
Amy James817   documents Email
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