The Pet Food Ingredients market was valued at USD xx million in 20178and is estimated to reach USD xx million by 2025, with a CAGR of xx% during the forecast period from 2018 to 2026.
The Pet Food Ingredient Market is growing because of the increasing pet ownership rate and pet humanization in developed economies and raising awareness regarding pet nutrition and care in the developing regions. Due to the changing family structure, pet humanization is becoming a popular trend in the developed regions like U.S, U.K, and Germany.
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