Global Functional Pet Food Market: Emerging Trends, Major Key Players DAR PRO Ingredients and Kerry Group,

According to the report, The functional pet food market size was valued at $1,954.8 million in 2020, and is estimated to reach $4,676.1 million by 2030, registering a CAGR of 8.8% from 2021 to 2030.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global FUNCTIONAL PET FOOD industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Functional Pet Food market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Functional Pet Food players holding highest market share include DAR PRO Ingredients, Kerry Group, Archer-Daniels-Midland Company. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• DAR PRO Ingredients
• Kerry Group
• Archer-Daniels-Midland Company
• The Scoular Company, Roquette Frères
• Isonova Technologies LLC
• PDM Group (Prosper De Mulder Ltd)
• Nestlé Purina PetCare Company
• Bacterfield
• Petcurean Pet Nutrition USA Inc

Segmental Analysis

Market Segment By Pet with focus on market share, consumption trend, and growth rate of FUNCTIONAL PET FOOD Market:
• Dog
• Cat
• Others

Market Segment By Source with focus on market share, consumption trend, and growth rate of FUNCTIONAL PET FOOD Market:
• Organic
• Conventional

Market Segment By Application with a focus on market share, consumption trend, and growth rate of FUNCTIONAL PET FOOD Market:
• Bone Health
• Brain Health
• Obesity
• Heart Health
• Others

Market Segment By Distribution Channel with a focus on market share, consumption trend, and growth rate of FUNCTIONAL PET FOOD Market:
• Pet Stores
• Pharmacies
• Veterinary clinics
• Online Stores
• Others

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Global Functional Pet Food Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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