Europe Vegan Pet Food Market Will Escalate Rapidly in the Near Future: Key Players- Antos B.V.; Benevo; V-dog; Soopa Pets

The Business Market Insights provides you regional research analysis on “Europe Vegan Pet Food Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe Vegan Pet Food Market during the forecast period, i.e., 2021–2028.

The vegan pet food market in Europe is projected to reach US$ 6,851.32 million by 2028 from US$ 4,153.55 million in 2021. The market is estimated to grow at a CAGR of 7.4% from 2021 to 2028.

European continent comprises of economies such as Germany, Russia, France, the UK, and Italy, among others. Veganism trend, the practice of abstaining from the use of animal products, particularly in diet is becoming more popular in the region. More and more people are learning about the damage they are causing to the environment and animal species. The number of vegan population in Europe is increasing at a faster rate. Additionally, easy availability of vegan pet food products having same nutrient content of traditional meat-based pet foods enables pet owners to choose vegan diet over conventional. This is fuelling the demand for vegan pet food products in the Europe region. Easy availability and accessibility to vegan pet food coupled with increase in disposable income has led to an increase in demand for premium pet food products, driving the growth of the European vegan pet food market. According to the European Pet Food Industry in 2019, approximately 85 million households that have at least one pet animal as well as 25% of the households have cat as a pet animal and 24% of the households have dog as a pet. Thus, the factors such as increasing pet ownership, increase in spending on premium pet food products, more awareness about vegan food etc. are providing growth opportunities for the vegan pet food market in coming years.

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Vegan Pet Food Market. The researcher provides an extensive analysis of the Europe Vegan Pet Food Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Major Key players covered in this report:

  • Halo Pets
  • Antos B.V.
  • V-dogs
  • Benevo
  • Soopa Pets
  • Vegan4dogs

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Vegan Pet Food Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Vegan Pet Food Market segments and regions.

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The research on the Europe Vegan Pet Food Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Vegan Pet Food Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Vegan Pet Food Market.

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