The global market for pet food ingredients is expected to boost.

NEW YORK, USA, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global pet food ingredients market is expected to grow at a CAGR of ~6% by 2028 DelveInsight

The pet food ingredients market is experiencing significant expansion, owing to the increasing global demand for organic and natural ingredients in pet food. Additionally, increasing consumer spending on pet care products, increasing penetration of e-retail for convenient access to products, growing trend of humanizing pets, providing premium packaged pet food Increased awareness of, and continued influx of ingredients and ultimate. Product launches by key industry players contribute to the growing demand for pet food ingredients.

of DelveInsight Pet Food Ingredients Market Insights The report provides current and forecast market analysis, market shares of individual leading pet food ingredients companies, challenges, pet food ingredients market drivers, restraints, trends, and key market pet food ingredients in the market. Companies of

Key Takeaways from the Pet Food Ingredients Market Report

  • According to DelveInsight estimates, North America is expected to dominate the global pet food ingredients market during the forecast period.
  • Notable pet food ingredient companies such as APS Phoenix LLC, Zilor, darling Ingredients Inc., Nutrios., Ingredion., DuPont, BASF SE, Chr. Hansen Holding A/S, DSM Nutritional Products AG, Cargill, Incorporated., Omega Protein Corporation, Kemin Industries, Inc., Roquette Frères., Lallemand Inc., Daka Denmark A/S, The Scoular Company, Symrise, Food Safe Technologies. , AFB International, Sun Opta, and several others, currently operating in the pet food ingredients market.
  • I October 2021, Global Food & Ingredients Inc. Acquired a state-of-the-art plant-based pet food ingredients production facility in Bowden, Alberta, and creation of GFI’s new plant-based pet food ingredients business unit.
  • I 2021, Origin Launched ORIJEN Premium Wet Dog Food, made from premium animal ingredients (protein).

To read more about the latest highlights related to the pet food ingredients market, get a snapshot of the key highlights listed in Global Pet Food Ingredients Market Report

A review of pet food ingredients

Pet food ingredients play an important role in ensuring the health and well-being of our beloved companions. These ingredients consist of various components including proteins, carbohydrates, fats, vitamins and minerals. High-quality pet foods often contain protein sources such as chicken, beef, fish or lamb, which provide essential amino acids for muscle growth and overall vitality. Carbohydrates from sources such as grains and vegetables provide the energy needed for daily activities. Fats obtained from animal fats or vegetable oils play an important role in health and act as a concentrated source of energy. Additionally, vitamins and minerals are added to support various bodily functions, including immune system strength and bone health. Pet food manufacturers continuously research and innovate to create balanced and nutritious formulations that meet the specific nutritional needs of different animals, ensuring optimal health and longevity for our beloved pets.

Pet Food Ingredients Market Insights

North America emerged as the dominant region in the global pet food ingredients market in 2022 and is poised to maintain its dominance during 2023-2028. This importance is due to the growing trend of humanization of pets, increase in pet ownership, rise of private label brands, increasing urbanization with more disposable income, and strong presence of local players. Food Ingredients Market in North America.

Additionally, the region has seen a rapid increase in pet adoptions in the United States, due to changing lifestyles, economic changes and a growing population of pet enthusiasts. In particular, strategic business investment has introduced innovative products designed for both domestic and international markets. Strong government support from Canada and the United States for the pet food industry further fuels the growth of the pet food ingredients industry in North America.

Get a snapshot of why North America is leading market growth in the pet food ingredients market. Pet Food Ingredients Market Outlook

Dynamics of Pet Food Ingredients Market

to increase Global Pet Ownership stands out as a key factor driving the pet food ingredients market. In particular, Europe boasted 92 million Dogs and 113 million Cats in 2021, as reported by Health for Animals. China also saw a substantial pet population. 74 million Dogs and 67 million A paradigm shift in considering cats as pets as integral members of the family is driving consumers’ willingness to invest more in premium pet food. This change is influenced by a Increased awareness of pet healthLeads to a preference for locally produced, natural and nutritious pet supplies. A tendency towards the humanization of domesticated animals, denoted by a Increased health consciousnessis driving demand for pet foods free of sugar, grains, dyes, and other chemical additives.

In particular, pet food ingredient manufacturers are responding to this trend by introducing premium products tailored to pet owners’ preferences. Owners of small pets, in particular, show a willingness to spend. High quality, natural pet foodAligning with a broader desire to ensure the well-being of our beloved companions. The rise of Premium pet food The demand for natural and safe pet food ingredients is expected to increase significantly, contributing to the substantial growth of the pet food ingredients market during the forecast period of 2023 to 2028.

However, challenges such as Side effects associated with chemical-based pet food ingredients, price sensitivity due to increased production costs, and raw material costsAmong others, may pose constraints on the pace of growth of the pet food ingredients market during the forecast period.

A Peek at the Dynamics of Pet Food Ingredients Market @ Analysis of Pet Food Ingredients Market Dynamics

Report metrics Details
Coverage International
Duration of study 2020-2028
Pet Food Ingredients Market CAGR ~6%
Pet Food Ingredients Market Size by 2028 USD 45.31 billion
Key pet food ingredient companies APS Phoenix LLC, Zilor, darling Ingredients Inc., Nutrios., Ingredion., DuPont, BASF SE, Chr. Hansen Holding A/S, DSM Nutritional Products AG, Cargill, Incorporated., Omega Protein Corporation, Kemin Industries, Inc., Roquette Frères., Lallemand Inc., Daka Denmark A/S, The Scoular Company, Symrise, Food Safe Technologies. , AFB International, SunOpta, and others

Market Assessment of Pet Food Ingredients

  • Pet Food Ingredients Market Segmentation
    • Pet Food Ingredients Market Segmentation by Ingredient Type: Amino acids, phosphates, vitamins, acidifiers, special proteins, carotenoids and others
    • Pet Food Ingredients Market Segmented by Animal Type: Dog, cat, fish, and others
    • Pet Food Ingredients Market Segmentation by Form: Wet and dry
    • Pet Food Ingredients Market Segmentation by Source: Animal derivatives, plant derivatives, and others
    • Pet Food Ingredients Market Segmentation by Distribution Channel: Specialized pet stores, supermarkets and hypermarkets, online channels, and others
    • Pet Food Ingredients Market Segmentation by Geography: North America, Europe, Asia Pacific, and Rest of the World
  • Porter’s five forces analysis, product profiles, Case studies, KOL views, analyst perspective

Which MedTech Key Players Are Poised to Emerge as Trendsetters in the Pet Food Ingredients Market Explore @ Pet food ingredient companies

List box

1 Introduction to the report
2 Executive summary
3 Regulatory and patent analysis
4 Analysis of key factors
5 Porter’s Five Forces Analysis
6 Analysis of the Impact of COVID-19 on the Pet Food Ingredients Market
7 Pet Food Ingredients Market Layout
8 Global Company Share Analysis – Key 3-5 Companies
9 Pet Food Ingredients Market Company and Product Profiles
10 Project approach
11 About DelveInsight

Interested in knowing the Pet Food Ingredients Market by 2028? Click to get a snapshot of Pet Food Ingredients Market Trends

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