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2023-09-25
The global pet food market has developed earlier and has entered a mature stage, and the overall pattern is relatively stable. For example, Mars Company of the United States is one of the largest pet food enterprises in the world. It has produced pet food since 1935 and has many leading international pet food brands, including Baolu Dog Food and Weijia Cat Food. Nestle Punari is one of the largest pet food manufacturing companies in the United States. American Product Spectrum Holding Company is a national consumer goods company and a leading supplier of professional pet products. However, there are also some later shows, such as Blue Jue Blue Buffalo, Snow Mountain, Ekena (under Champion), etc.
The biggest characteristic of the global pet food market is the high monopoly, which is basically monopolized by several large enterprises such as Mars and Nestle. In the long-term market competition, these enterprises have mastered rich market development experience, have high brand awareness, reputation and loyalty, and have strong product research and development and financial advantages. The development of these enterprises directly affects the trend of the world pet food market. In 2018, the world's top five pet food manufacturers were Mars, Nestle, JM Smucker, Hills and Diamond Pet Foods, with market sales of the top five companies totaling $37.977 billion, accounting for 89.84 percent of the total revenue of the top 10 companies.
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