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The dog population in Canada was just over five million in 2 0 1 0 , with 3 2 . 3 % of Canadian homes

The dog population in Canada was just over five million in 2010, with 32.3% of Canadian homes owning a dog, down slightly from 35.1% in 2009. Over the next few years, dog food sales are projected to grow in constant value at a CAGR of 3%, to total CAD $1.1 billion in 2015. Furthermore 80% of all pet food sold in Canada is dry the rest is wet or fresh food. 60% of all Wet or Fresh dog food purchased is premium pet food. There is a premium price charged of 30% more on Premium pet food. Based on this information what is the $ value of the segment for premium wet/fresh Dog food in Canada in 2015?
Question 6 options:
$171.6 Million
$28.6 Million
$130.8 Million
$220 Million
Not enough information is provided or none of these are correct.

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