Market Dynamics:
The cat wet food market is driven by rising pet humanization trend where owners see pets as companions and treat them like family members. This has increased demand for high quality and nutritious cat food. Additionally, changing lifestyle where people have less time has boosted demand for convenient wet foods. However, high price of wet food as compared to dry food remains a challenge for market growth. To overcome this, manufacturers are introducing economy ranges and large pack sizes. Also, rise in nuclear families and single-person households where cats are preferred pet is augmenting market expansion.

Key Takeaways
The Global Cat Wet Food Market Size is expected to witness high growth, exhibiting CAGR of 3.0% over the forecast period, due to increasing pet humanization trend. Cat owners view their pets as companions and family members, leading to higher spending on premium cat foods.

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