Cat Food Market to See Incredible Growth from 2023 to 2033
The cat food market value is expected to total US$ 44,744 million in 2023, as per the recent Future Market Insights (FMI) study. The overall sales are expected to reach US$ 60,951.4 million by 2033, capturing a CAGR of 3% from 2023 to 2033.
The remarkable increase in cat adoption rates is primarily due to the expanding millennial population and the growing trend of pet humanization. The cat food business is booming as a result of rising nondiscretionary and discretionary product demand as cat ownership appears to be increasing.
Some of the larger producers are fo
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