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The pet milk market size is forecast to increase by USD 57.1 million at a CAGR of 7.09% between 2023 and 2028. The market is witnessing significant growth due to the increasing awareness of pet health and nutrition. With the rise in pet humanization trends, pet milk products have gained popularity among pet owners. Specialty stores and mass retailers are capitalizing on this trend by stocking a wide range of pet milk offerings. Direct-to-consumer and e-commerce platforms are also gaining traction as convenient shopping options. However, the US pet food industry has stringent regulations that restrict the entry of new companies, making it challenging for new players to penetrate the market. Pet allergies are another concern, necessitating the development of hypoallergenic pet milk products. Social media influence from celebrity pet owners and pet-friendly policies in workplaces are further fueling the demand for pet milk. Pet owners are increasingly turning to these platforms for information and recommendations on pet nutrition and care.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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