The Global Pet Food Ingredients Market size was valued at around USD 32.12 billion in 2023 and is projected to grow at a CAGR of around 7.1% during the forecast period, i.e., 2024-30.

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Key Findings of the Study: Pet Food Ingredients Market

Global Pet Food Ingredients Market Trend: Increasing Demand for Natural & Organic Ingredients Changing Market Dynamics

The increasing demand for natural and organic components is one of the key developments in the pet food ingredients industry. Pet owners' food preferences are changing and they're looking to include more natural and herbal foods due to their increasing recognition of the well-being and fitness of their pets. Pet owners' preferences are changing due to increasing knowledge of the viable fitness blessings associated with natural and organic elements, together with improved digestion, reduced allergic reaction worries, and accelerated nutrient absorption. The demand for pet food products that are synthetic with real meat, whole grains, veggies, and other healthy factors but without artificial components, preservatives, or fillers is increasing as an outcome.

Moreover, pet owners who prioritize environmental sustainability are more and more choosing organic ingredients, which can be grown without the use of artificial insecticides and fertilizers. The market outlook is changing and getting more different because of this rising fashion, which inspires pet food producers to innovate and amplify their line of products to include greater organic and natural alternatives.

Scope of the Report and Pet Food Ingredients Market Segmentation

By Pet

-Dog

-Cat

-Fish

-Others (Rabbit, Bird etc.)

  • The dog segment holds the largest share of the Global Pet Food Ingredients Market

By Form

-Wet

-Dry

By Ingredients

-Cereals

--Maize

--Barley

--Wheat

--Oats

-Meat & Meat Products

--Animal Meat

--Animal Part & Bone Meal

-Fats

--Animal Fat

--Plant Fat

-Additives

--Vitamin & Minerals

--Flavours

--Antimicrobials

--Others (Antioxidants, Preservatives, etc.)

Top leading companies in the Pet Food Ingredients Market includes:

Darling Ingredients Inc., Ingredion Incorporated, Omega Protein Corporation, Kemin Industries Inc., Chr. Hansen Holding A/S, Roquette Freres, Sariah A/S GMBH & Co.KG, The Scoular Company, Phileo by Leasaffre, LaBudde Group Inc., Linkone Ingredients Solution, 3D Corporate Solutions, Hydrite Chemicals, Green Source Organics, Vivitiva DOO, AFB International, Symrise AG, Zinpro Corporations, Kerry Group Plc., Foodsafe Technologies

Pet Food Ingredients Market Development

  • In September 2023: In Elven, France, Symrise AG established its pilot plant for dry pet food. The plant has lab research, a palatability performance assessing gadget, and an R&D unit to comprehend the dry pet food production process.
  • In July 2023: Symrise AG modified the title of its brand of pet-feeding ingredients to "Nuvin." The company provides chicken, eggs, hydrolyzed protein, and other pet health solutions were intended to be strengthened by this.

For more detailed information about the Pet Food Ingredients market report, click here – https://www.marknteladvisors.com/research-library/pet-food-ingredients-market.html                    

Geographical analysis:

North America: US, Canada, Mexico

Europe: Germany, The UK, France, Italy, Spain, Russia, Rest of Europe

Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific

South America: Brazil, Argentina, Rest of South America

Middle East & Africa: Saudi Arabia, The UAE, Egypt, Turkey, South Africa, Rest of Middle East & Africa

  • North America acquired the largest share in the pet food ingredients industry in previous years, and the same trend is likely during the forecast period as well.

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