Market Overview:
The global pet food ingredient market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for premium pet food products and rising awareness about the benefits of premium pet food products among consumers. In addition, the growing trend of adopting pets is also contributing to the growth of this market. On the basis of type, cereals are expected to account for a major share in this market during the forecast period. This can be attributed to their high nutritional value and easy availability. On the basis of application, dog is expected to account for a major share in this market duringthe forecast period owingto their growing popularity as pets acrossthe globe.
Product Definition:
A pet food ingredient is a component of a pet's diet. They are typically used to add flavor, nutrients, or moisture. The importance of pet food ingredients varies depending on the specific ingredient. Some are essential for good health while others are simply nice to have.
Cereals:
Cereals are widely used in pet food ingredient market owing to their high energy content and nutritional value. The product is considered as a key source of nutrition for companion animals, which includes dogs, cats, birds and fishes. Cereals are also utilized as an important ingredient in the formulation of human food products such as breakfast cereals and biscuits.
Meat & Meat products:
Meat & meat products are the edible tissues of bovine, swine, poultry and other animals. It includes fresh meat, frozen meat and processed meat. The raw materials required for manufacturing of these products include water, protein (amino acids), fat (animal fat or vegetable oil), minerals (such as calcium & phosphorous) and energy sources.
Application Insights:
The dog application segment led the global pet food ingredient market in 2017 and is anticipated to maintain its dominance over the forecast period. The segment will expand further at a steady CAGR owing to rising consumer preference for dogs, especially in developed regions. In addition, increasing number of pet stores as well as animal hospitals across various countries is expected to boost product demand from 2018 to 2030.
Cat food ingredient market was valued at USD 2,176.8 million in 2017 and is also projected to witness steady growth over the next eight years due largely on increased spending by cat owners on their pets¢â‚¬â„¢ food requirements which has resulted in growing demand for specialty ingredients catering specifically towards cats needs such as high protein content and low moisture content among others (Hernandez-Miranda et al., 2019).
Regional Analysis:
North America dominated the global pet food ingredient market in 2017. The growing trend of pet adoption is one of the key factors driving demand for premium quality and high nutritional content in this region. According to a survey conducted by the North American Pet Food Association (NAPHFA), it was found that approximately 68% of U.
Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to increasing awareness about pets and their dietary needs among consumers coupled with rising disposable income levels in emerging countries such as China and India which has led to increased spending on luxury items such as food for pets and accessories such as grooming kits & supplies, carriers & bags, etc.
Growth Factors:
- Increasing demand for premium pet food products: The global pet food ingredient market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for premium pet food products, which are high in quality and nutrition.
- Rising awareness about animal health and nutrition: There is a growing awareness among consumers about the importance of animal health and nutrition, which is driving the growth of the global pet food ingredient market.
- Growing trend of urbanization: The trend of urbanization is leading to an increase in disposable income, which is fueling the growth of the global pet food ingredient market.
- Proliferation of e-commerce platforms: The proliferation of e-commerce platforms has made it easier for consumers to purchase premium quality pet foods, thereby drivingthe growthoftheglobalpetfoodingredientmarket . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Food Ingredient Market Research Report
By Type
Cereals, Meat & Meat products, Vegetables, Fruits, Fats, Additives
By Application
Dog, Cat, Fish, Others
By Companies
BASF, ADM, DSM, Cargill, Ingredion, Roquette Freres, Sunopta, Darling Ingredients, Omega Protein, John Pointon & Sons, BASF, Kemin, Invivo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Pet Food Ingredient Market Report Segments:
The global Pet Food Ingredient market is segmented on the basis of:
Types
Cereals, Meat & Meat products, Vegetables, Fruits, Fats, Additives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dog, Cat, Fish, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- ADM
- DSM
- Cargill
- Ingredion
- Roquette Freres
- Sunopta
- Darling Ingredients
- Omega Protein
- John Pointon & Sons
- BASF
- Kemin
- Invivo
Highlights of The Pet Food Ingredient Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cereals
- Meat & Meat products
- Vegetables
- Fruits
- Fats
- Additives
- By Application:
- Dog
- Cat
- Fish
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pet Food Ingredient Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pet food ingredients are the specific substances or combinations of substances that are used to make pet food. These ingredients can come from a variety of sources, including animal meat, poultry, fish, eggs, dairy products and plant-based materials.
Some of the key players operating in the pet food ingredient market are BASF, ADM, DSM, Cargill, Ingredion, Roquette Freres, Sunopta, Darling Ingredients, Omega Protein, John Pointon & Sons, BASF, Kemin, Invivo.
The pet food ingredient market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Food Ingredient Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Food Ingredient Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Food Ingredient Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Food Ingredient Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Food Ingredient Market Size & Forecast, 2018-2028
4.5.1 Pet Food Ingredient Market Size and Y-o-Y Growth
4.5.2 Pet Food Ingredient Market Absolute $ Opportunity
Chapter 5 Global Pet Food Ingredient Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pet Food Ingredient Market Size Forecast by Type
5.2.1 Cereals
5.2.2 Meat & Meat products
5.2.3 Vegetables
5.2.4 Fruits
5.2.5 Fats
5.2.6 Additives
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet Food Ingredient Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pet Food Ingredient Market Size Forecast by Applications
6.2.1 Dog
6.2.2 Cat
6.2.3 Fish
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Food Ingredient Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pet Food Ingredient Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pet Food Ingredient Analysis and Forecast
9.1 Introduction
9.2 North America Pet Food Ingredient Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pet Food Ingredient Market Size Forecast by Type
9.6.1 Cereals
9.6.2 Meat & Meat products
9.6.3 Vegetables
9.6.4 Fruits
9.6.5 Fats
9.6.6 Additives
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pet Food Ingredient Market Size Forecast by Applications
9.10.1 Dog
9.10.2 Cat
9.10.3 Fish
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pet Food Ingredient Analysis and Forecast
10.1 Introduction
10.2 Europe Pet Food Ingredient Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pet Food Ingredient Market Size Forecast by Type
10.6.1 Cereals
10.6.2 Meat & Meat products
10.6.3 Vegetables
10.6.4 Fruits
10.6.5 Fats
10.6.6 Additives
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pet Food Ingredient Market Size Forecast by Applications
10.10.1 Dog
10.10.2 Cat
10.10.3 Fish
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pet Food Ingredient Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet Food Ingredient Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pet Food Ingredient Market Size Forecast by Type
11.6.1 Cereals
11.6.2 Meat & Meat products
11.6.3 Vegetables
11.6.4 Fruits
11.6.5 Fats
11.6.6 Additives
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pet Food Ingredient Market Size Forecast by Applications
11.10.1 Dog
11.10.2 Cat
11.10.3 Fish
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pet Food Ingredient Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet Food Ingredient Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pet Food Ingredient Market Size Forecast by Type
12.6.1 Cereals
12.6.2 Meat & Meat products
12.6.3 Vegetables
12.6.4 Fruits
12.6.5 Fats
12.6.6 Additives
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pet Food Ingredient Market Size Forecast by Applications
12.10.1 Dog
12.10.2 Cat
12.10.3 Fish
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pet Food Ingredient Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet Food Ingredient Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pet Food Ingredient Market Size Forecast by Type
13.6.1 Cereals
13.6.2 Meat & Meat products
13.6.3 Vegetables
13.6.4 Fruits
13.6.5 Fats
13.6.6 Additives
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pet Food Ingredient Market Size Forecast by Applications
13.10.1 Dog
13.10.2 Cat
13.10.3 Fish
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pet Food Ingredient Market: Competitive Dashboard
14.2 Global Pet Food Ingredient Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 ADM
14.3.3 DSM
14.3.4 Cargill
14.3.5 Ingredion
14.3.6 Roquette Freres
14.3.7 Sunopta
14.3.8 Darling Ingredients
14.3.9 Omega Protein
14.3.10 John Pointon & Sons
14.3.11 BASF
14.3.12 Kemin
14.3.13 Invivo
