Global Pet Food Ingredients Market: By Pet, By Form, By Nature, By Source, By Ingredient, By Region & Segmental Insights Trends and Forecast, 2024 – 2034
- Industry: Food & Beverages
- Report ID: TNR-110-1118
- Number of Pages: 420
- Table/Charts : Yes
- June, 2024
- Base Year : 2024
- No. of Companies : 10+
- No. of Countries : 29
- Views : 10165
- Covid Impact Covered: Yes
- War Impact Covered: Yes
- Formats : PDF, Excel, PPT
Pet food ingredients are the various components used to formulate pet food products designed to meet the nutritional needs of pets such as dogs and cats. These ingredients can be sourced from plants, animals, and synthetic compounds, each serving specific dietary and health functions to ensure the well-being of pets.
Pet food ingredients are meticulously chosen to provide balanced nutrition that meets the dietary needs of pets. From proteins and carbohydrates to fats, vitamins, minerals, and fiber, each ingredient plays a vital role in promoting overall health and well-being. As pet owners become more aware of their pets’ nutritional requirements, the demand for high-quality, nutritionally rich pet food ingredients continues to grow, shaping the future of the pet food industry. In terms of revenue, the global pet food ingredients market was worth US$ 34.5 Bn in 2023, anticipated to witness CAGR of 7.2% During 2024 – 2034.
Global Pet Food Ingredients Market Dynamics
Increasing Pet Ownership and Humanization of Pets: Pet ownership is rising globally, with pets increasingly being treated as family members. This humanization trend drives demand for high-quality pet food. Consumers are more willing to spend on premium pet food that includes high-quality ingredients, natural and organic options, and specialized diets.
Growing Awareness of Pet Health and Nutrition: There is a growing awareness among pet owners about the importance of pet nutrition and the health benefits of quality ingredients. This has led to an increased demand for pet foods that contain natural, organic, and functional ingredients, such as probiotics, antioxidants, and omega fatty acids.
Rising Disposable Incomes: Increasing disposable incomes, particularly in developing regions, are enabling pet owners to spend more on premium pet food products. This economic growth supports the expansion of the pet food market in emerging economies, boosting the demand for high-quality ingredients.
Global Pet Food Ingredients Market Revenue & Forecast, (US$ Million), 2016 – 2034
Dog Segment has Garnered Major Market Share in the Global Pet Food Ingredients Market During the Forecast Period (2024 – 2034).
The primary driver in the dog pet food ingredients market is the humanization of pets. As dogs are increasingly regarded as family members, pet owners are more inclined to provide them with high-quality, nutritious food. This trend has led to a demand for premium ingredients often used in human food, such as organic meats, whole grains, and vegetables. Pet owners seek to ensure their dogs receive the best nutrition possible, mirroring their dietary choices.
There is a growing awareness among dog owners about the importance of nutrition for their pets’ health and longevity. This awareness has fueled demand for ingredients that support specific health needs, such as joint health, skin and coat health, and digestive health. Ingredients like glucosamine, omega-3 fatty acids, probiotics, and antioxidants are increasingly popular due to their perceived health benefits. Functional ingredients that address issues like allergies, weight management, and aging are also in high demand.
By Ingredient Meat and Meat Products Segment had the Highest Share in the Global Pet Food Ingredients Market in 2023.
Meat and meat products are primary sources of high-quality protein and essential amino acids, which are crucial for the growth, maintenance, and overall health of pets. The high digestibility and bioavailability of nutrients in meat make it an indispensable ingredient in pet food. This nutritional value drives demand as pet owners seek to provide diets that support the muscular and skeletal development of their pets, enhance immune function, and maintain overall vitality.
Pets, particularly dogs and cats, have a natural preference for meat due to its palatability. The flavour and texture of meat make pet food more appealing, ensuring that pets readily consume their meals. This preference drives demand for meat-based pet foods, as owners aim to provide foods that their pets find enjoyable and are willing to eat consistently, which is essential for maintaining regular feeding routines and nutritional intake.
By Nature, Inorganic Segment had the Highest Share in the Global Pet Food Ingredients Market in 2023.
Inorganic ingredients benefit from well-established agricultural and manufacturing processes that ensure consistent quality and supply. Conventional farming and industrial production methods can yield large quantities of ingredients, such as grains, meats, and synthetic additives, without the limitations often associated with organic farming. This reliability in supply chains ensures that manufacturers can meet the high demand for pet food without disruptions, thereby supporting market stability and growth.
Inorganic ingredients offer a broad spectrum of nutritional options, enabling manufacturers to formulate pet foods that meet specific dietary needs and preferences. These ingredients include essential vitamins, minerals, and amino acids that can be synthetically produced or derived from conventionally farmed sources. This versatility allows for the creation of balanced diets tailored to different life stages, health conditions, and breeds of pets, driving consumer demand.
North America Region had the Highest Share in the Global Pet Food Ingredients Market in 2023.
North America has garnered major market share One of the primary demand drivers in the North American market is the humanization of pets. Pets are increasingly being treated as family members, leading to a higher demand for premium pet food products. This trend is encouraging pet owners to seek out high-quality ingredients that are often found in human food, such as organic meats, vegetables, and grains.
The emphasis on pet health and wellness mirrors that of human dietary trends, which prioritize natural and wholesome ingredients. The rise in pet ownership, particularly among millennials and Generation Z, is another significant driver. These demographic groups tend to be more informed and discerning about their pet food choices, often opting for products that boast high-quality and sustainable ingredients. This shift has led to increased demand for diverse and specialized pet food formulations, including grain-free, allergen-free, and organic options.
Competitive Landscape: Global Pet Food Ingredients Market:
- BASF SE
- Cargill, Incorporated
- Darling Ingredients Inc
- DSM
- Gillco Ingredients
- Green Source Organics
- Ingredion
- Mowi
- SARIA International GmbH
- Symrise
- The Scoular Company
- Other Industry Participants
Global Pet Food Ingredients Market Scope
Report Specifications | Details |
Market Revenue in 2023 | US$ 34.5 Bn |
Market Size Forecast by 2034 | US$ 74.1 Bn |
Growth Rate (CAGR) | 7.2% |
Historic Data | 2016 – 2022 |
Base Year for Estimation | 2023 |
Forecast Period | 2024 – 2034 |
Report Inclusions | Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking |
Segments Covered | By Pet, By Form, By Nature, By Source, By Ingredient, By Region |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Countries Covered | U.S., Canada, Mexico, Rest of North America, France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa, Brazil, Argentina, Rest of Latin America |
Key Players | BASF SE, Cargill, Incorporated, Darling Ingredients Inc, DSM, Gillco Ingredients, Green Source Organics, Ingredion, Mowi, SARIA International GmbH, Symrise, The Scoular Company, Other Industry Participants |
Customization Scope | Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments. |
Pricing & Procurement Options | Explore purchase options tailored to your specific research requirements |
Contact Details | Consult With Our Expert
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Global Pet Food Ingredients Market
By Pet
- Dogs
- Cats
- Fish
- Other
By Form
- Dry
- Wet
By Nature
- Organic
- Inorganic
By Source
- Taste Masking
- Animal-based
- Plant derivatives
- Synthetic
By Ingredient
- Meat & Meat Products
- Deboned Meat
- Meat Meal
- Others
- Cereals
- Corn & Cornmeal
- Wheat & Wheatmeal
- Barley
- Rice
- Others
- Fruits & vegetables
- Fruits
- Potatoes
- Carrot
- Others
- Fats
- Fish Oil
- Tallow
- Lard
- Poultry Fat
- Vegetable Oil
- Additives
- Vitamins & Minerals
- Enzymes
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Report Layout
Table of Contents
Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion.
**Exclusive for Multi-User and Enterprise User.
Global Pet Food Ingredients Market
By Pet
- Dogs
- Cats
- Fish
- Other
By Form
- Dry
- Wet
By Nature
- Organic
- Inorganic
By Source
- Taste Masking
- Animal-based
- Plant derivatives
- Synthetic
By Ingredient
- Meat & Meat Products
- Deboned Meat
- Meat Meal
- Others
- Cereals
- Corn & Cornmeal
- Wheat & Wheatmeal
- Barley
- Rice
- Others
- Fruits & vegetables
- Fruits
- Potatoes
- Carrot
- Others
- Fats
- Fish Oil
- Tallow
- Lard
- Poultry Fat
- Vegetable Oil
- Additives
- Vitamins & Minerals
- Enzymes
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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