Vladislav VorotnikovVorotnikov is a Georgia-based journalist covering the pet food and feed markets.From the Author - Page 5NutritionMarket report: Russia's petfood market volume keeps growingIn 2013, the volume of the Russian petfood market should reach 585,000 tons in natural volume and exceed US$1 billion in monetary terms, estimate experts of the State Statistic Service of the country. At the same time it is forecasted that the pace of industry growth is going to rise in coming years following the increase of the purchasing power of the Russian population.NutritionGlobal market update: Emerging petfood segmentsAccording to Euromonitor International, established petfood markets in the US, Japan, Brazil and the UK continue to rule with their retail dominance, but newcomers like Russia, Italy and India are lining up for their very own share from the global petfood bowl. Rising disposable incomes in emerging markets like India and China, coupled with rapid growth in Russia, Ukraine, Indonesia and Vietnam have these regions ready to play a much bigger role in the worldwide petfood and treat market in the upcoming years.Previous PagePage 5 of 5
