Pet Food Ingredient Market is expected to reach USD 78.6 billion by 2030 : Cognitive Market Research

Market Overview:
- Pet food ingredients typically consist of a combination of protein sources, such as meat, poultry, or fish, carbohydrates, such as grains or vegetables, and fats, as well as vitamins, minerals, and other additives. The exact ingredients and their proportions depend on the type of pet food and the intended dietary needs of the pet. Some common ingredients in pet food include chicken, beef, fish, corn, rice, barley, wheat, potatoes, carrots, peas, and oils. Some pet food products may also contain preservatives, flavourings, and colourings.

Summary:
• The Global Pet Food Ingredient Market is projected to grow at a CAGR of 4.7% during the forecast period of 2023-2030.
• The rising pet ownership and rising adoption of dogs and cats in the residential sector is the major driving factor for the growth of the Pet Food Ingredient market.
• Asia Pacific accounted for the largest market share in the Global Pet Food Ingredient Market.

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Market Dynamics:
- The rising pet ownership and rising adoption of dogs and cats in the residential sector globally drive the growth of the pet food ingredient market. For instance, according to the 2021-2022 National Pet Owners Survey conducted by the American Pet Products Association (APPA), 70% of U.S. households, or about 90.5 million families, own a pet, and this is up from 56 % of U.S. households in 1988, the first year the survey was conducted, and 67 % in 2019.
Moreover, increasing demand for pet foods that are free of synthetic hormones, antibiotics, harmful pesticides, artificial colours, preservatives, or tastes is anticipated to increase the growth of the pet food ingredient market.

Market Segmentation:
Ingredients:
• Specialty Proteins
• Amino Acids
• Mold Inhibitors
• Phosphates
• Vitamins
• Acidifiers
• Carotenoids
• Enzymes
• Mycotoxin Detoxifiers
• Flavours & Sweeteners
• Antimicrobials & Antibiotics
• Minerals
• Antioxidants

Source:
• Animal Based
• Plant Derivatives
• Synthetic

Pet Type:
• Dogs
• Cats
• Fish

Form:
• Wet
• Dry

The Major Players in Pet Food Ingredient Market are:
BASF, ADM, DSM, Cargill, Ingredion, Roquette Freres, Sunopta, Darling Ingredients, Omega Protein, John Pointon Sons, Dowdupont, Kemin, Invivo

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Regional Analysis:
- Asia Pacific is a leading region of the Pet Food Ingredient market.
Asia Pacific accounted for the largest revenue share of the Pet Food Ingredient market owing to evolving pet ownership, rising dual-income households, and an increase in consumer spending on premium pet food with specific health requirements products across the region.
Europe accounted for a significant market share and is anticipated to grow at the fastest rate during the forecast period. This is attributed to the rise in pet ownership and humanization has boosted the market in this region.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Pet Food Ingredient Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Pet Food Ingredient Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Pet Food Ingredient Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Pet Food Ingredient Market by Ingredients Segmentation Analysis (2018-2030)
Chapter 10 Global Pet Food Ingredient Market by Pet Type Segmentation Analysis (2018-2030)
• 10.1 Detailed Qualitative Analysis
• 10.2 Global Pet Food Ingredient Revenue and Share (%) by Pet Type (2018-2030)
10.2.1 Dogs
10.2.1.1 Global Dogs Market Share and Revenue (USD Million) for 2018-2030
10.2.2 Cats
10.2.2.1 Global Cats Market Share and Revenue (USD Million) for 2018-2030
10.2.3 Fish
10.2.3.1 Global Fish Market Share and Revenue (USD Million) for 2018-2030
Chapter 11 Global Pet Food Ingredient Market by Source Segmentation Analysis (2018-2030)
Chapter 12 Global Pet Food Ingredient Market by Form Segmentation Analysis (2018-2030)
Chapter 13 Global Pet Food Ingredient Market Regional Analysis
Chapter 14 North America Pet Food Ingredient Market Outlook (2018 - 2030)
Chapter 15 Europe Pet Food Ingredient Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Pet Food Ingredient Market Outlook (2018 - 2030)
Chapter 17 Latin America Pet Food Ingredient Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Pet Food Ingredient Market Outlook (2018 - 2030)
Chapter 19 Research Findings

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