Pet snacks are animal feed which consists of animal-based or plant-based products that include, dry vegetables and fruits, treats and chews, biscuits and cookies, and other food items. It can be in dry and wet forms as well. These products are made of such ingredients aiming to add extra nutrition and healthy food to the pets such as dogs, cats, and others. The nutritious snacks offer pet's better digestion and a lower risk of diseases.
MARKET DYNAMICS
The rising pet ownership, pet parenting, and pet humanization trend are driving the pet snacks market. Nowadays, pets are to be treated as a part of the family, so the provision of good nutritional food for their growth has been rising increasingly and it boosts interest to the consumers to adopt high nutritional products for their pets. However, the manufacturers are focusing on new product developments, add-on nutritional values for healthy growth of pets are the factors hep rise in adoption of good quality snacks, hence, increasing the demand and driving the pet snacks market globally. In addition, the availability of various food products such as dry vegetables and fruits, treats and chews, biscuits and cookies, and other food items are making the mark in the growth of pet snacks globally.
MARKET SCOPE
The "Global Pet Snacks Market Analysis to 2028" is a specialized and in-depth study of food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the pet snacks market with detailed market segmentation by raw material, pet type, form, and distribution channel. The global pet snacks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pet snacks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pet snacks market is segmented into raw material, pet type, form, and distribution channel. Based on raw material, the global pet snacks market is segmented into animal-based, plant-based, and others. By pet type, the global pet snacks market is segmented dogs, cats, and others. By form, the global pet snacks market is segmented into, wet, and dry. By distribution channel, the global pet snacks market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the pet snacks industry, including both qualitative and quantitative information. It provides an overview and forecast of the global pet snacks market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The pet snacks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the pet snacks market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the pet snacks market in these regions.
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The report provides a detailed overview of the pet snacks industry, including both qualitative and quantitative information. It provides an overview and forecast of the global pet snacks market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The pet snacks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the pet snacks market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the pet snacks market in these regions.
MARKET PLAYERS
The report covers vital developments in the pet snacks market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the pet snacks market are anticipated to lucrative growth opportunities in the future with the rising demand for pet snacks in the global market. Below mentioned is the list of few companies engaged in the pet snacks market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pet snacks market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Nature's Diet
- MARS Incorporated
- Nestle
- The J.M. Smucker Company
- Hill's Pet Nutrition, Inc.
- SCHELL AND KAMPETER, INC.
- Blue Buffalo Co. Ltd.
- Spectrum Brands, Inc.
- Sojourner's Farm, Inc.
- Merrick Pet Care.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Pet Snacks Market - By Raw Material
1.3.2 Pet Snacks Market - By Pet Type
1.3.3 Pet Snacks Market - By Form
1.3.4 Pet Snacks Market - By Distribution Channel
1.3.5 Pet Snacks Market - By Pet Type
1.3.6 Pet Snacks Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PET SNACKS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. PET SNACKS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PET SNACKS MARKET - GLOBAL MARKET ANALYSIS
6.1. PET SNACKS - GLOBAL MARKET OVERVIEW
6.2. PET SNACKS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PET SNACKS MARKET - REVENUE AND FORECASTS TO 2028 - RAW MATERIAL
7.1. OVERVIEW
7.2. RAW MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. ANIMAL-BASED
7.3.1. Overview
7.3.2. Animal-based Market Forecast and Analysis
7.4. PLANT-BASED
7.4.1. Overview
7.4.2. Plant-based Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. PET SNACKS MARKET - REVENUE AND FORECASTS TO 2028 - PET TYPE
8.1. OVERVIEW
8.2. PET TYPE MARKET FORECASTS AND ANALYSIS
8.3. DOGS
8.3.1. Overview
8.3.2. Dogs Market Forecast and Analysis
8.4. CATS
8.4.1. Overview
8.4.2. cats Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. PET SNACKS MARKET - REVENUE AND FORECASTS TO 2028 - FORM
9.1. OVERVIEW
9.2. FORM MARKET FORECASTS AND ANALYSIS
9.3. WET
9.3.1. Overview
9.3.2. Wet Market Forecast and Analysis
9.4. DRY
9.4.1. Overview
9.4.2. Dry Market Forecast and Analysis
10. PET SNACKS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
10.1. OVERVIEW
10.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
10.3. SUPERMARKETS AND HYPERMARKETS
10.3.1. Overview
10.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
10.4. SPECIALTY STORE
10.4.1. Overview
10.4.2. Specialty store Market Forecast and Analysis
10.5. ONLINE RETAIL
10.5.1. Overview
10.5.2. online retail Market Forecast and Analysis
10.6. OTHERS
10.6.1. Overview
10.6.2. others Market Forecast and Analysis
11. PET SNACKS MARKET - REVENUE AND FORECASTS TO 2028 - PET TYPE
11.1. OVERVIEW
11.2. PET TYPE MARKET FORECASTS AND ANALYSIS
11.3. DOGS
11.3.1. Overview
11.3.2. Dogs Market Forecast and Analysis
11.4. CATS
11.4.1. Overview
11.4.2. cats Market Forecast and Analysis
11.5. OTHERS
11.5.1. Overview
11.5.2. Others Market Forecast and Analysis
12. PET SNACKS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Pet Snacks Market Overview
12.1.2 North America Pet Snacks Market Forecasts and Analysis
12.1.3 North America Pet Snacks Market Forecasts and Analysis - By Raw Material
12.1.4 North America Pet Snacks Market Forecasts and Analysis - By Pet Type
12.1.5 North America Pet Snacks Market Forecasts and Analysis - By Form
12.1.6 North America Pet Snacks Market Forecasts and Analysis - By Distribution Channel
12.1.7 North America Pet Snacks Market Forecasts and Analysis - By Pet Type
12.1.8 North America Pet Snacks Market Forecasts and Analysis - By Countries
12.1.8.1 Canada Pet Snacks Market
12.1.8.1.1 Canada Pet Snacks Market by Raw Material
12.1.8.1.2 Canada Pet Snacks Market by Pet Type
12.1.8.1.3 Canada Pet Snacks Market by Form
12.1.8.1.4 Canada Pet Snacks Market by Distribution Channel
12.1.8.1.5 Canada Pet Snacks Market by Pet Type
12.1.8.2 Mexico Pet Snacks Market
12.1.8.2.1 Mexico Pet Snacks Market by Raw Material
12.1.8.2.2 Mexico Pet Snacks Market by Pet Type
12.1.8.2.3 Mexico Pet Snacks Market by Form
12.1.8.2.4 Mexico Pet Snacks Market by Distribution Channel
12.1.8.2.5 Mexico Pet Snacks Market by Pet Type
12.1.8.3 US Pet Snacks Market
12.1.8.3.1 US Pet Snacks Market by Raw Material
12.1.8.3.2 US Pet Snacks Market by Pet Type
12.1.8.3.3 US Pet Snacks Market by Form
12.1.8.3.4 US Pet Snacks Market by Distribution Channel
12.1.8.3.5 US Pet Snacks Market by Pet Type
12.2. EUROPE
12.2.1 Europe Pet Snacks Market Overview
12.2.2 Europe Pet Snacks Market Forecasts and Analysis
12.2.3 Europe Pet Snacks Market Forecasts and Analysis - By Raw Material
12.2.4 Europe Pet Snacks Market Forecasts and Analysis - By Pet Type
12.2.5 Europe Pet Snacks Market Forecasts and Analysis - By Form
12.2.6 Europe Pet Snacks Market Forecasts and Analysis - By Distribution Channel
12.2.7 Europe Pet Snacks Market Forecasts and Analysis - By Pet Type
12.2.8 Europe Pet Snacks Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Pet Snacks Market
12.2.8.1.1 Germany Pet Snacks Market by Raw Material
12.2.8.1.2 Germany Pet Snacks Market by Pet Type
12.2.8.1.3 Germany Pet Snacks Market by Form
12.2.8.1.4 Germany Pet Snacks Market by Distribution Channel
12.2.8.1.5 Germany Pet Snacks Market by Pet Type
12.2.8.2 France Pet Snacks Market
12.2.8.2.1 France Pet Snacks Market by Raw Material
12.2.8.2.2 France Pet Snacks Market by Pet Type
12.2.8.2.3 France Pet Snacks Market by Form
12.2.8.2.4 France Pet Snacks Market by Distribution Channel
12.2.8.2.5 France Pet Snacks Market by Pet Type
12.2.8.3 Italy Pet Snacks Market
12.2.8.3.1 Italy Pet Snacks Market by Raw Material
12.2.8.3.2 Italy Pet Snacks Market by Pet Type
12.2.8.3.3 Italy Pet Snacks Market by Form
12.2.8.3.4 Italy Pet Snacks Market by Distribution Channel
12.2.8.3.5 Italy Pet Snacks Market by Pet Type
12.2.8.4 United Kingdom Pet Snacks Market
12.2.8.4.1 United Kingdom Pet Snacks Market by Raw Material
12.2.8.4.2 United Kingdom Pet Snacks Market by Pet Type
12.2.8.4.3 United Kingdom Pet Snacks Market by Form
12.2.8.4.4 United Kingdom Pet Snacks Market by Distribution Channel
12.2.8.4.5 United Kingdom Pet Snacks Market by Pet Type
12.2.8.5 Russia Pet Snacks Market
12.2.8.5.1 Russia Pet Snacks Market by Raw Material
12.2.8.5.2 Russia Pet Snacks Market by Pet Type
12.2.8.5.3 Russia Pet Snacks Market by Form
12.2.8.5.4 Russia Pet Snacks Market by Distribution Channel
12.2.8.5.5 Russia Pet Snacks Market by Pet Type
12.2.8.6 Rest of Europe Pet Snacks Market
12.2.8.6.1 Rest of Europe Pet Snacks Market by Raw Material
12.2.8.6.2 Rest of Europe Pet Snacks Market by Pet Type
12.2.8.6.3 Rest of Europe Pet Snacks Market by Form
12.2.8.6.4 Rest of Europe Pet Snacks Market by Distribution Channel
12.2.8.6.5 Rest of Europe Pet Snacks Market by Pet Type
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Pet Snacks Market Overview
12.3.2 Asia-Pacific Pet Snacks Market Forecasts and Analysis
12.3.3 Asia-Pacific Pet Snacks Market Forecasts and Analysis - By Raw Material
12.3.4 Asia-Pacific Pet Snacks Market Forecasts and Analysis - By Pet Type
12.3.5 Asia-Pacific Pet Snacks Market Forecasts and Analysis - By Form
12.3.6 Asia-Pacific Pet Snacks Market Forecasts and Analysis - By Distribution Channel
12.3.7 Asia-Pacific Pet Snacks Market Forecasts and Analysis - By Pet Type
12.3.8 Asia-Pacific Pet Snacks Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Pet Snacks Market
12.3.8.1.1 Australia Pet Snacks Market by Raw Material
12.3.8.1.2 Australia Pet Snacks Market by Pet Type
12.3.8.1.3 Australia Pet Snacks Market by Form
12.3.8.1.4 Australia Pet Snacks Market by Distribution Channel
12.3.8.1.5 Australia Pet Snacks Market by Pet Type
12.3.8.2 China Pet Snacks Market
12.3.8.2.1 China Pet Snacks Market by Raw Material
12.3.8.2.2 China Pet Snacks Market by Pet Type
12.3.8.2.3 China Pet Snacks Market by Form
12.3.8.2.4 China Pet Snacks Market by Distribution Channel
12.3.8.2.5 China Pet Snacks Market by Pet Type
12.3.8.3 India Pet Snacks Market
12.3.8.3.1 India Pet Snacks Market by Raw Material
12.3.8.3.2 India Pet Snacks Market by Pet Type
12.3.8.3.3 India Pet Snacks Market by Form
12.3.8.3.4 India Pet Snacks Market by Distribution Channel
12.3.8.3.5 India Pet Snacks Market by Pet Type
12.3.8.4 Japan Pet Snacks Market
12.3.8.4.1 Japan Pet Snacks Market by Raw Material
12.3.8.4.2 Japan Pet Snacks Market by Pet Type
12.3.8.4.3 Japan Pet Snacks Market by Form
12.3.8.4.4 Japan Pet Snacks Market by Distribution Channel
12.3.8.4.5 Japan Pet Snacks Market by Pet Type
12.3.8.5 South Korea Pet Snacks Market
12.3.8.5.1 South Korea Pet Snacks Market by Raw Material
12.3.8.5.2 South Korea Pet Snacks Market by Pet Type
12.3.8.5.3 South Korea Pet Snacks Market by Form
12.3.8.5.4 South Korea Pet Snacks Market by Distribution Channel
12.3.8.5.5 South Korea Pet Snacks Market by Pet Type
12.3.8.6 Rest of Asia-Pacific Pet Snacks Market
12.3.8.6.1 Rest of Asia-Pacific Pet Snacks Market by Raw Material
12.3.8.6.2 Rest of Asia-Pacific Pet Snacks Market by Pet Type
12.3.8.6.3 Rest of Asia-Pacific Pet Snacks Market by Form
12.3.8.6.4 Rest of Asia-Pacific Pet Snacks Market by Distribution Channel
12.3.8.6.5 Rest of Asia-Pacific Pet Snacks Market by Pet Type
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Pet Snacks Market Overview
12.4.2 Middle East and Africa Pet Snacks Market Forecasts and Analysis
12.4.3 Middle East and Africa Pet Snacks Market Forecasts and Analysis - By Raw Material
12.4.4 Middle East and Africa Pet Snacks Market Forecasts and Analysis - By Pet Type
12.4.5 Middle East and Africa Pet Snacks Market Forecasts and Analysis - By Form
12.4.6 Middle East and Africa Pet Snacks Market Forecasts and Analysis - By Distribution Channel
12.4.7 Middle East and Africa Pet Snacks Market Forecasts and Analysis - By Pet Type
12.4.8 Middle East and Africa Pet Snacks Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Pet Snacks Market
12.4.8.1.1 South Africa Pet Snacks Market by Raw Material
12.4.8.1.2 South Africa Pet Snacks Market by Pet Type
12.4.8.1.3 South Africa Pet Snacks Market by Form
12.4.8.1.4 South Africa Pet Snacks Market by Distribution Channel
12.4.8.1.5 South Africa Pet Snacks Market by Pet Type
12.4.8.2 Saudi Arabia Pet Snacks Market
12.4.8.2.1 Saudi Arabia Pet Snacks Market by Raw Material
12.4.8.2.2 Saudi Arabia Pet Snacks Market by Pet Type
12.4.8.2.3 Saudi Arabia Pet Snacks Market by Form
12.4.8.2.4 Saudi Arabia Pet Snacks Market by Distribution Channel
12.4.8.2.5 Saudi Arabia Pet Snacks Market by Pet Type
12.4.8.3 U.A.E Pet Snacks Market
12.4.8.3.1 U.A.E Pet Snacks Market by Raw Material
12.4.8.3.2 U.A.E Pet Snacks Market by Pet Type
12.4.8.3.3 U.A.E Pet Snacks Market by Form
12.4.8.3.4 U.A.E Pet Snacks Market by Distribution Channel
12.4.8.3.5 U.A.E Pet Snacks Market by Pet Type
12.4.8.4 Rest of Middle East and Africa Pet Snacks Market
12.4.8.4.1 Rest of Middle East and Africa Pet Snacks Market by Raw Material
12.4.8.4.2 Rest of Middle East and Africa Pet Snacks Market by Pet Type
12.4.8.4.3 Rest of Middle East and Africa Pet Snacks Market by Form
12.4.8.4.4 Rest of Middle East and Africa Pet Snacks Market by Distribution Channel
12.4.8.4.5 Rest of Middle East and Africa Pet Snacks Market by Pet Type
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Pet Snacks Market Overview
12.5.2 South and Central America Pet Snacks Market Forecasts and Analysis
12.5.3 South and Central America Pet Snacks Market Forecasts and Analysis - By Raw Material
12.5.4 South and Central America Pet Snacks Market Forecasts and Analysis - By Pet Type
12.5.5 South and Central America Pet Snacks Market Forecasts and Analysis - By Form
12.5.6 South and Central America Pet Snacks Market Forecasts and Analysis - By Distribution Channel
12.5.7 South and Central America Pet Snacks Market Forecasts and Analysis - By Pet Type
12.5.8 South and Central America Pet Snacks Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Pet Snacks Market
12.5.8.1.1 Brazil Pet Snacks Market by Raw Material
12.5.8.1.2 Brazil Pet Snacks Market by Pet Type
12.5.8.1.3 Brazil Pet Snacks Market by Form
12.5.8.1.4 Brazil Pet Snacks Market by Distribution Channel
12.5.8.1.5 Brazil Pet Snacks Market by Pet Type
12.5.8.2 Argentina Pet Snacks Market
12.5.8.2.1 Argentina Pet Snacks Market by Raw Material
12.5.8.2.2 Argentina Pet Snacks Market by Pet Type
12.5.8.2.3 Argentina Pet Snacks Market by Form
12.5.8.2.4 Argentina Pet Snacks Market by Distribution Channel
12.5.8.2.5 Argentina Pet Snacks Market by Pet Type
12.5.8.3 Rest of South and Central America Pet Snacks Market
12.5.8.3.1 Rest of South and Central America Pet Snacks Market by Raw Material
12.5.8.3.2 Rest of South and Central America Pet Snacks Market by Pet Type
12.5.8.3.3 Rest of South and Central America Pet Snacks Market by Form
12.5.8.3.4 Rest of South and Central America Pet Snacks Market by Distribution Channel
12.5.8.3.5 Rest of South and Central America Pet Snacks Market by Pet Type
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. PET SNACKS MARKET, KEY COMPANY PROFILES
14.1. NATURE'S DIET
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. MARS INCORPORATED
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. NESTLE
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. THE J.M. SMUCKER COMPANY
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. HILL'S PET NUTRITION, INC.
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. SCHELL AND KAMPETER, INC.
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. BLUE BUFFALO CO. LTD.
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SPECTRUM BRANDS, INC.
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. SOJOURNER'S FARM, INC.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. MERRICK PET CARE.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Nature's Diet
2. MARS Incorporated
3. Nestle
4. The J.M. Smucker Company
5. Hill's Pet Nutrition, Inc.
6. SCHELL AND KAMPETER, INC.
7. Blue Buffalo Co. Ltd.
8. Spectrum Brands, Inc.
9. Sojourner's Farm, Inc.
10. Merrick Pet Care.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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