Press release
Pet Food Flavors market is expected to reach USD 16.31 billion by 2030 : Cognitive Market Research
Pet Food Flavors market is expected to reach USD 16.31 billion by 2030 : Cognitive Market Research
- Pet Food Flavors are the different taste varieties that are available in pet food to make it more appealing to pets. These are available in different types of flavors, natural flavors, artificial flavors, and natural identical flavors. natural flavors include beef flavor, chicken, turkey, fish, lamb, venison, and others.
Summary:
- The Pet Food Flavors market was valued at USD 8.78 billion in 2022 and is expected to reach the value of USD 16.31 billion by 2030, at a CAGR of 8.15 % during the forecast period of 2023-2030. Geographically APAC is the dominating region while Europe is estimated as the second largest market for the pet food flavor market.
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Market Dynamics
- Rising trend of pet humanization around the globe, rising demand for natural ingredients, and increasing adoption of pets are the major driving factors for the global pet food flavor market. Nowadays, pet owners are willing to provide human-like products to their pets, which is fuelling the growth of pet food flavor market.
Further, a growing number of pet parents are turning to veganism because they believe that vegan food products are more nutritious than their conventional counterparts, which can create opportunities for the market in the future. However, increasing obesity in pets, and rising pet allergies can hamper the growth of the market.
Market Segmentation:
Type:
• Natural Flavours
• Artificial Flavours
• Nature Identical Flavors
Natural flavors are estimated as dominating segment for the pet food flavors market. This is due to the increasing preference of pet owners for natural flavors pet foods.
Application:
• Cat Food
• Bird Food
• Fish Food
• Dog Food
Competitive Analysis:
Kerry Group, Givaudan, Firmenich, Sensient Technologies Corporation, Symrise AG, Frutarom Industries
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Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research Methodology Review Complete Research Methodology
2.1 Pet Food Flavors Market Report 2023 Research Methodology
2.2 Systematic Research Approach
2.2.1 Primary Research
2.2.1.1 Key Data from Primary
2.2.1.2 Primary Interviews with Experts
2.2.1.3 Key Industry Insights
2.2.1.4 Questionnaire
2.2.1.5 Breakdown of Primaries
2.2.2 Secondary Research
2.2.2.1 Key Data from Secondary
2.2.2.2 Paid Sources
2.2.2.3 Public Sources
2.3 Market Size Estimation
2.3.1 Top-Down Approach
2.3.1.1 Analyzing Market Size by Top-Down Approach (Supply Side)
2.3.1 Bottom-UP Approach
2.3.1.1 Analyzing Market Size by Bottom-Up Approach (Demand Side)
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
Chapter 3 Executive Summary of Pet Food Flavors Market
3.1 Global Pet Food Flavors Market Size 2018 - 2030, (USD Million)
3.2 Global Pet Food Flavors Market Statistics 2022: Snapshot
Chapter 4 Global Pet Food Flavors 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 Flavors Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Pet Food Flavors Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Pet Food Flavors Market Regional Analysis
Chapter 11 North America Pet Food Flavors Market Outlook (2018 - 2030)
Chapter 12 Europe Pet Food Flavors Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Pet Food Flavors Market Outlook (2018 - 2030)
Chapter 14 Latin America Pet Food Flavors Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Pet Food Flavors Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Pet Food Flavors Market TOC click here:
https://www.cognitivemarketresearch.com/pet-food-flavors-market-report#table_of_contents
Regional Analysis:
- Geographically, Asia Pacific is the dominating region for the pet food flavor market. This is due to the increasing trend of grain-free & natural pet food and functional pet food, increasing adoption of pets, and increasing spending capacity. On the other hand, Europe is the second largest market for pet food flavor. This can be ascribed to a number of things, including the increased preference for cats over dogs, the tendency towards pet humanization, rising customer demand for nutritious pet food, and the delectability of the ingredients. A significant portion of the expansion of the regional market is attributed to nations like Germany, the U.K., and France.
News:
- Champion Petfoods has Launched New ORIJEN and ACANA Recipes (February 2020)
Champion Petfoods, a manufacturer of pet foods, announced the launch of 3 new pet food lines as global demand for its high-quality dog and cat food continues to grow. The new lines include 1 new dog food recipe, ORIJEN Small Breed; 1 new cat food recipe, ACANA Cat; and an enhanced recipe of its ACANA Singles line, offering our most advanced limited ingredient diet (LID) available.
Related Reports
• Pet Food Market - https://www.cognitivemarketresearch.com/pet-food-market-report
• Pet Food Acidulants - https://www.cognitivemarketresearch.com/pet-food-acidulants-market-report
• Robot Pet Care - https://www.cognitivemarketresearch.com/robot-pet-care-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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