Question

can someone make a competitor landscape for pet businesses in canada?

can someone make a competitor landscape for pet businesses in canada?

Homework Answers

Answer #1

Competitive Landscape

The four companies in the pet food industry dominate the market because they have huge revenues and decades of experience in this field. The companies use this experience to have a monopoly over the market and consumers. They have huge research and development budgets, which help them to come out with new formulas and flavors to offer to the consumers. The Canada Pet food market is captured by four major companies. These big four companies account for more than 53% of the market. In fact, two of those account for 39% of the market.

Major Players

  1. Mars Pet Care Inc.
  2. Nestle Purina Pet Care
  3. Hill’s Pet Nutrition
  4. The J.M Smucker Company

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