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Global Pet Food Ingredient Market by Ingredient, Source, Pet, Form & Region - Forecast to 2025 - ResearchAndMarkets.com

November 19, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 19, 2019--

The “Pet Food Ingredient Market by Ingredient (Cereals, Meat & Meat Products, Vegetables, Fruits, Fats, and Additives), Source (Animal-based, Plant-based, and Synthetic), Pet (Dog, Cat, and Fish), Form (Dry and Liquid), and Region - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The pet food ingredients market is projected to grow at a CAGR of 6.6%

The global pet food ingredients market is estimated to be valued at USD 37.0 billion in 2018 and is projected to reach USD 54.3 billion by 2025, at a CAGR of 6.6% from 2019 to 2025. The market is driven by factors such as the growing pet adoption rate among the urban population with a substantial improvement in pet food expenditure.

By pet, the cat segment is projected to witness the fastest growth during the forecast period

The cat segment is estimated to grow at the highest CAGR as sales of premium cat food are on the rise, and its high cost has not caused any hindrance in the growth of the premium cat food market. The increasing focus of consumers on preventive healthcare is one of the factors driving the demand for expensive and high-quality cat food in the pet food industry. There was a steady rise in the global sales of cat food from 2012 to 2018. The diversification of marketing channels for cat food and increased popularity of organic cat food products are factors that are projected to promote the growth of the cat food market.

By ingredient, the fats segment in the pet food ingredients market is projected to grow at the highest CAGR during the forecast period

Several types of fat ingredients that are used in pet food include poultry fat, beef tallow, lard, bacon fat, and fish oils. Fats form an essential element in pet food. According to a research analysis conducted by Petnet on more than 2,300 dog foods and 1,600 cat foods, 73% of dog foods, and 65% of cat foods contain added fat. Additionally, 60% of dog foods and 45% of cat foods contain an oil additive. Among fats, the vegetable oil and fish oil markets are projected to grow at high rates.

South America is projected to be the fastest-growing region in the pet food ingredients market due to the increase in export-import of pet food ingredients and growing adoption rate

The South American pet food ingredients market is projected to grow at a steady pace due to the increase in the sale of pet food products in countries such as Brazil. Argentina is the fastest-growing pet food market attributed to increased consumer spending and consumer awareness, despite inflation. The government in the country is also supporting the pet owners and has promoted canine vaccinations and spaying/neutering programs. Nearly 15% of the owners have adopted stray dogs as their pets. Other breeds, such as Poodles, Labradors, and German shepherds are the most popular breeds in the country.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Study Scope

1.4 Years Considered

1.5 Currency Considered

1.6 Units Considered

1.7 Stakeholders

2 Research Methodology

2.1 Research Data

2.1.1 Secondary Data

2.1.2 Primary Data

2.2 Market Size Estimation

2.2.1 Bottom-Up Approach

2.2.2 Top-Down Approach

2.3 Data Triangulation

2.4 Research Assumptions

2.5 Limitations

3 Executive Summary

4 Premium Insights

4.1 Attractive Growth Opportunities in the Market

4.2 Pet Food Ingredients Market, By Region

4.3 Market, By Application

4.4 Market, By Key Pet & Country

4.5 Market, By Region

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Macro-indicators Increase in Pet Adoption Among the Urban Population

5.2.2 Drivers Increase in Pet Expenditure With A Substantial Increase in Pet Food Expenditure Switch From Mass Products to Organic Pet Food Ingredients Acceptance of Insect-Based Protein and Oil By Pets

5.2.3 Restraints Non-Uniformity of Regulations Hindering International Trade

5.2.4 Opportunities Use of Cannabis in Pet Food Technological Advancements to Enhance Product Development Shift in Focus Toward Natural and Grain-Free Products

5.2.5 Challenges Capital Investments for Equipment Threat From Counterfeit Products

6 Market for Pet Food Ingredients, By Form

6.1 Introduction

6.2 Dry Pet Food Ingredients

6.3 Wet Pet Food Ingredients

7 Market for Pet Food Ingredients, By Ingredient

7.1 Introduction

7.2 Meat & Meat Products

7.2.1 Deboned Meat

7.2.2 Meat Meal

7.2.3 By-Product Meal

7.2.4 Animal Digest

7.3 Cereals

7.3.1 Corn & Cornmeal

7.3.2 Wheat & Wheat-meal

7.3.3 Barley

7.3.4 Rice

7.3.5 Fruits

7.4 Vegetables

7.4.1 Potatoes

7.4.2 Carrots

7.4.3 Soybean & Soybean Meal

7.5 Fats

7.5.1 Fish Oil

7.5.2 Tallow

7.5.3 Lard

7.5.4 Poultry Fat

7.5.5 Vegetable Oil

7.6 Additives

7.6.1 Vitamins & Minerals

7.6.2 Enzymes

7.6.3 Other Additives

8 Market for Pet Food Ingredients, By Pet

8.1 Introduction

8.2 Dog

8.3 Cat

8.4 Fish

8.5 Others

9 Market for Pet Food Ingredients, By Source

9.1 Introduction

9.2 Animal Derivatives

9.3 Plant Derivatives

9.4 Synthetic

10 Market for Pet Food Ingredients, By Region

10.1 Introduction

10.2 North America

10.2.1 US

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 UK

10.3.2 Germany

10.3.3 Italy

10.3.4 Russia

10.3.5 France

10.3.6 Rest of Europe

10.4 Asia Pacific

10.4.1 China

10.4.2 Australia & New Zealand

10.4.3 India

10.4.4 Japan

10.4.5 Rest of Asia Pacific

10.5 South America

10.5.1 Brazil

10.5.2 Argentina

10.5.3 Rest of South America

10.6 Rest of the World (RoW)

10.6.1 Middle East

10.6.2 Africa

11 Competitive Landscape

11.1 Overview

11.2 Competitive Leadership Mapping (Overall Market)

11.2.1 Visionary Leaders

11.2.2 Innovators

11.2.3 Dynamic Differentiators

11.2.4 Emerging Companies

11.3 Strength of Product Portfolio

11.4 Business Strategy Excellence

11.5 Start-Up Micro-Quadrant

11.5.1 Progressive Companies

11.5.2 Starting Blocks

11.5.3 Responsive Companies

11.5.4 Dynamic Companies

11.5.5 New Product Launches

11.5.6 Expansions

11.5.7 Acquisitions

11.5.8 Investments, Agreements, and Partnerships

12 Company Profiles

12.1 BASF SE

12.2 Bluestar Adisseo Company

12.3 Darling Ingredients Inc.

12.4 Ingredion Incorporated

12.5 Omega Protein Corporation

12.6 Archer Daniels Midland Company

12.7 Cargill

12.8 Dowdupont

12.9 Chr. Hansen

12.10 Roquette Frères

12.11 Sunopta

12.12 Lallemand Inc.

12.13 Lesaffre Group

12.14 Lauridsen Group Inc.

12.15 Saria Group (Daka Denmark A/S)

12.16 Nutreco N.V.

12.17 The Scoular Company

12.18 Kemin Industries, Inc.

12.19 John Pointon & Sons Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/lwemfm

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119005712/en/

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SOURCE: Research and Markets

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PUB: 11/19/2019 10:03 AM/DISC: 11/19/2019 10:03 AM