The 2023-2028 World Outlook for Dog Foods

The 2023-2028 World Outlook for Dog Foods

This study covers the world outlook for dog foods across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers dog foods as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for dog foods is 3111111. It is for this definition that aggregate latent demand estimates are derived. Dog foods is specifically defined as follows:

3111111 DOG FOOD

31111111 Canned dog food

31111112 Dry and semi moist dog food, shipped in packages less than 25 lb

31111113 Dry and semi moist dog food, shipped in packages 25 lb or more

3111111111 Canned ration type dog food

3111111121 Other canned dog food

3111111231 Dry and semi moist dog food, shipped in packages less than 25 lb

3111111341 Dry and semi moist dog food, shipped in packages 25 lb or more