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Stock impact report

Global Animal and Pet Food Market Analysis 2018-2023 and Forecast 2024-2033 Featuring Profiles of Cargill, Nestle, New Hope Liuhe Co, Charoen Pokphand Foods, and Bunge [Yahoo! Finance]

Bunge Limited Common Shares (BG) 
Last bunge limited common shares earnings: 2/12 06:00 am Check Earnings Report
US:NYSE Investor Relations: bunge.com/investors
Company Research Source: Yahoo! Finance
The animal and pet food market has grown strongly in recent years. It will grow from $324.85 billion in 2023 to $352.18 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth witnessed in the historical period can be ascribed to several contributing factors, including an increase in pet ownership, a growing focus on animal health and well-being, the popularity of premium and specialty pet products, the presence of retail distribution channels, and recommendations from veterinarians. The market is expected to see strong growth in the next few years. It will grow to $476.81 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. Anticipated growth in the forecast period can be attributed to factors such as pet owners becoming increasingly health-conscious, a rising demand for sustainability and eco-friendly pet products, a surge in customized and personalized pet diets, the prominence of digital marketing and e-commerce, and the expansion of the global p Show less Read more
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