The Taiwan Pet Food Market size is estimated at USD 0.77 billion in 2023, and is expected to reach USD 1.05 billion by 2028, growing at a CAGR of 6.40% during the forecast period (2023-2028).
The Taiwanese pet food market has been fairly fragmented during the study period. Colgate Palmolive (Hill's Pet Nutrition), Mars Inc., Nestle Purina, etc., are some of the global players operating in the market. The key strategies companies adopt are investments in developing new products and collaborating with and acquiring other multinational companies. This factor is expected to increase their market shares and strengthen R&D activities.
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