Today: May 30, 2016, 10:19 pm

New C&M analysis: Pet Care (Bulgaria) Zoo Group Stefanov EOOD Company Profile
Zoo Group Stefanov EOOD in Pet Care (Bulgaria) - a new company profile report on 2014-03-19 00:07:01
Zoo Group Stefanov EOOD is finding it difficult to compete with the chained supermarkets and hypermarkets. The pet shops retail sector is relatively fragmented and Zoo Group Stefanov EOOD represents a typical Bulgaria chained pet food store, operating between one to five stores. The uninterrupted growth of pet care products will continue in 2013, and the category will record a current value increase set to exceed the CAGR recorded during the whole review period in current value terms. This excellent result is due to the continuing penetration of prepared dog food and prepared cat food, the total consumption percentage of which were traditionally low in Bulgaria. The pet population is set to fall by more than 2,000, but this decline will not be significant enough to interrupt the category´s excellent growth.

Pet care products developed along the economy and premium segments within dog and cat food. The increasing choice of brands at different price levels encouraged more owners to buy prepared food for their pets, according to their budget. In the economy segment the expansion of private label and domestic products supported the trend while, in the premium segment, pet owners could choose from different brands that care for the wellbeing and had health and wellness features. New product development occurred mostly within dry dog food and dry cat food. Within pet products, pet care pulled the growth of the whole category as a result of better awareness and demand for such products.

The care market is very concentrated and the top four companies account for over three quarters of the market value. Within the top ranks, multinational manufacturers were the key players with only one company of local origin. In 2013 the competitive pressure is set to intensify due to the strengthening of private label and the entry of premium-positioned producers with diversified portfolios, covering different areas across pet care.

Click for report details: ..

Browse all Consumer Goods Company Profile Reports ..

Browse all Consumer Goods Company Profile Reports ..

Browse all Latest Company Profile Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 516 Words
Related Articles
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.