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Pet Food Ingredients Market Estimated to Rise at a Significant CAGR of 5.9% By 2025: Grand View Research Inc.

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Pet Food Ingredients Market Estimated to Rise at a Significant CAGR of 5.9% By 2025: Grand View Research Inc.

March 25
13:41 2019
Pet Food Ingredients Market Estimated to Rise at a Significant CAGR of 5.9% By 2025: Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Rise in awareness regarding nutritional benefits of minerals, dietary fiber, carotenoids, and omega-3 fatty acids in pet nutrition has encouraged the development of the pet food ingredients market over the past few years.

According to a report,”Pet Food Ingredients Market Size, Share & Trends Analysis Report By Ingredients (Amino Acid, Specialty Protein, Phosphates, Vitamins, Acidifiers, Antioxidants, Enzymes), And Segment Forecasts, 2019 – 2025“, published by Grand View Research, Inc.,The global pet food ingredient market size is expected to reach USD 59.45 billion by 2025, rising at a CAGR of 5.9% during the forecast period. Increasing pet ownership is one of the key trends escalating market growth. 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.

Key Takeaways from the report:

  • The global pet food ingredient market is likely to generate a demand of 24,600.6 kilotons by 2025

  • In terms of revenue, Asia Pacific emerged as the fastest growing region in the pet food ingredient market

  • Asian countries such as India and China are expected to witness notable growth in the coming year

U.S. pet food ingredients market demand, by ingredients, 2014 - 2025 (Kilotons)

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Global pet food ingredients market share, by region, 2017 (%)

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.

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. 

Grand View Research has segmented the global pet food ingredient market on the basis of product and region:

Pet Food Ingredients Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Specialty Proteins

    • Beef Proteins

    • Egg Proteins

    • Blended Proteins

    • Hydrolyzed Proteins

      • Hydrolyzed Feather

        • Hydrolyzed Chicken

      • Hydrolyzed Collagen

    • Pork Protein

      • Pork Plasma

      • Pork Powder

    • Fish Protein

      • Salmon

      • Whitefish

      • Others

    • Poultry Protein

      • Chicken

      • Others

    • Ovine Proteins

      • Lamb

      • Others

    • Cervine Proteins

    • Other Animal Proteins

    • Plant Proteins

    • Algal Proteins

  • Amino Acids

    • Lysine

    • Methionine

    • Threonine

    • Cysteine

    • Others

  • Mold Inhibitors

  • Gut Health Ingredients

    • Beta-Glucan

      • Cereals

      • Mushroom

      • Yeasts

      • Seaweed

    • FOS & MOS

      • Probiotics

      • Prebiotics

  • Phosphates

    • Monocalcium

    • Dicalcium

    • Phospholipids

    • Others (Ortho phosphates, SAPP, TSPP, etc.)

  • Vitamins

    • Water-soluble

    • Fat-soluble

  • Acidifiers

    • Phosphoric Acid

    • Propionic Acid

    • Fumaric Acid

    • Formic Acid

    • Citric Acid

    • Acetic Acid

    • Lactic Acid

    • Others

  • Carotenoids

    • Astaxanthin

    • Beta-Carotene

    • Zeaxanthine

    • Lutein

    • Others

  • Enzymes

    • Phytases

    • Carbohydrases

    • Proteases

    • Others

  • Mycotoxin Detoxifiers

    • Binders

    • Modifiers

  • Flavors & Sweeteners

    • Palatants

    • Flavors

      • Natural

        • Poultry Flavors

      • Synthetic

        • 2-methyl-3-furanthiol

    • Sweeteners

  • Antimicrobials & Antibiotics

    • Tetracycline

    • Penicillin

    • Others

  • Minerals

    • Calcium

    • Potassium

    • Magnesium

    • Zinc

    • Others

  • Antioxidants

    • Natural

      • Rosemary

      • Spearmint

      • Mixed tocopherols

      • Green tea extracts

      • Clove

      • Oregano

      • Thyme

      • Others

    • Synthetic

      • Bha

      • Bht

      • Ethoxyquin

      • Others (TBHQ, Propyl gallate, etc.)

Pet Food Ingredient Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Western Europe

      • Germany

      • U.K.

      • France

    • Eastern Europe

      • Russia

  • Asia Pacific

    • China

    • Japan

    • Thailand

    • Australia

    • South Korea

    • Taiwan

  • Central America

  • South America

    • Brazil

    • Argentina

    • Chile

    • Colombia

  • Middle East & Africa

    • Turkey

    • Morocco

    • Saudi Arabia

    • South Africa

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
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City: San Francisco
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Website: www.grandviewresearch.com/industry-analysis/pet-food-ingredient-market

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