Switzerland Wet Pet Food Market was at USD xx.x million in 2023 and is anticipated to reach over USD xx.x million by 2028, recording a CAGR of xx.x% .
Wet pet foods are gaining momentum and come in many forms, such as textured foam supplements, frozen bone broth treats, and new canned foods. All of these advantages make wet food more attractive in the overall pet food industry. Wet pet food is the best source of hydration that can meet the demand for water for pets on any day.
Recent Developments
In April 2020, Nestlé Purina PetCare completed the purchase of the Lily’s Kitchen natural pet food brand, a well-known provider of wet and dry natural food for pets in the UK.
The main reason for JM Smucker Co.'s improved performance for the year 2019 is considered as its purchase of Ainsworth Pet Nutrition LLC.
CJ Foods (CJF), a private label dry pet food maker for premium American brands, will procure American Nutrition (ANI), a premium supplier of baked and canned dry pet foods and treats. The purchase of ANI increases the existing portfolio of CJF for pet food with national and international distribution.
Partner in Pet Food (PPF), a pet food maker in Europe, publishes about its plans to procure Doggy, a pet food processor based in Sweden.
Switzerland Wet Pet Food Market Drivers and Restraints:
Wet Pet Food market in Switzerland should continue to experience strong growth, which should translate into greater revenue. Wet Pet owners are increasingly looking for functional aspects such as vitality, improved vision, urinary disease prevention, weight control, and age and breed. The increased use of laptops, computers and mobile phones has contributed to the expansion of digital channels, both in volume and power. As more premium brands take an omnichannel approach, retailers, online and offline, are competing with leading brands for online position or storage space.
Switzerland Wet Pet Food Market Segmentation:
type
application
on the type
dog food
cat food
Of these, dog food held the leading portion and supposed to progress with a notable CAGR in the coming years.
on the application,
residential
commercial
The residential applications registered the highest share in the Switzerland market, which is anticipated to continue for some time in future.
Switzerland Wet Pet Food Market Regional Analysis:
Switzerland is one of the key emerging regions, which will generate significant opportunities in the Wet Pet Food Market during the outlook period due to the increased use of laptops, computers and mobile phones that has contributed to the expansion of digital channels, supporting online sales of pet food products.
Mars Schweiz
Mars Inc
Hills Pet Nutrition
Nestlé Purina Petcare
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