Pet Food Ingredients Market Outlook and Global Foresight to 2025

Increasing pet ownership is one of the key trends escalating market growth. The Global Pet Food Ingredient Market size is expected to reach USD 59.45 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 5.9% during the forecast period.

Rendered protein meals such as fishmeal, poultry by-product meals, and meat and bone meal are universally used in companion animal’s feed owing to protein-rich content along with a good balance of amino acids. Balancing essential and conditionally essential fatty acids is an important factor for the selection of specific fats in a diet regime.

The global sales of dog foods with probiotics exhibited a whopping 139.0% growth from 2017 to 2018. Superfood is witnessing strong growth in sales, including 2.0% sales growth for pet foods with blueberry, 8.0% for cranberry, and 13.0% for sweet potato. Increasing focus on nutrition of companion animals and rising consumer willingness to spend on pet care are anticipated to drive the market at a healthy growth rate over the coming years.

Rising number of hypermarkets along with pet specialty stores resulted in development of distribution channels, which is augmenting the global pet food ingredient market. Key manufacturers are involved in marketing and educational campaigns to increase consumer awareness regarding benefits of nutritious ingredients, which is likely to propel the market over the coming years.

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Top Players of Pet Food Ingredients Market:

Some of the major players in the market are Diana Pet Food; AFB International; Kemin Industries; Lallemand, Inc.; Vitablend USA; American Dehydrated Foods, Inc. (ADF); Alltech; Kalsec, Inc.; Ameri-Pac, Inc.; and BTSA.

Market Segmentation of Pet Food Ingredients Market:

The Global Pet Food Ingredient Market segmented on the basis of Product and Region.

By Product:

Specialty Proteins

Beef Proteins

Egg Proteins

Blended Proteins

Amino Acids

Lysine

Methionine

Threonine

Cysteine

Mold Inhibitors

Gut Health Ingredients

By Region:

North America

Europe

Asia Pacific

Central America

South America

Middle East & Africa

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