The global pet food ingredients market is estimated to be valued at USD 37.0 billion in 2019 and is projected to reach USD 54.3 billion by 2025, at a CAGR of +6.6% from 2018 to 2025.
Emerging awareness about the nutritional benefits of minerals, dietary fiber, carotenoids and omega-3 fatty acids in pet nutrition emerged as the main factors for the development of the pet food ingredients market. Today, many of the pet food manufacturers offer powerful products with multiple options that serve various purposes. Customers can choose products based on various factors, such as races, life stages, prices, ingredient preferences, diseases, etc. Therefore, this type of changing dynamic is likely to boost the market for pet food ingredients.
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It is estimated that the number of households with pets between 2006 and 2016 grew significantly worldwide. Especially in the United States, it has been observed that the growth in the total number of households in the last ten years is less than the growth in the total number of households with pets. Increasing the adoption of dogs and cats along with the growing focus on improving productivity and health are some of the main driving factors for the market. At present, most of the ingredients used in the preparation of pet food are synthetic due to the low cost and ease of availability.
The key players in this market are Cargill, Incorporated (US), Archer Daniels Midland Company (US), BASF SE (Germany), DowDuPont Inc. (US), and Ingredion Incorporated (US).
Based on pet:
Based on source:
- Others (bird, rabbit, and horse)
Based on form:
Regional Segment Analysis
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Table of Content
- North America
- Southeast Asia
Chapter 1 Global Pet Food Ingredient
Chapter 2 Global Economic Impact on Pet Food Ingredient
Chapter 3 Global Pet Food Ingredient
Market Competition by Manufacturers
Chapter 4 Global Pet Food Ingredient
Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Pet Food Ingredient
Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Pet Food Ingredient
Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Pet Food Ingredient
Market Analysis by Application
Chapter 8 Pet Food Ingredient
Manufacturing Cost Analysis
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