Pet Food Ingredients Market by Ingredients (Meat & Meat Products, Cereals, Vegetables, Fats, and Additives); By Form (Dry Ingredients, and Liquid Ingredients); By Source (Animal-Based, Plant-Based, and Synthetic); By Pet (Dog, Cat, Fish, and Others); By Geography (North America, Asia-Pacific, Europe, Middle East & Africa, and South America), Industry Trends, Estimation & Forecast, 2018 – 2026

Market Overview

The Global Pet Food Ingredients market is expected to reach $51.8 billion by 2026, with a projected CAGR of 6.1% during the forecast period. Pet food is plant or animal material produced for consumption by pets. Most pet foods contain a combination of protein, minerals, fats, vitamins, carbohydrate sources, and preservatives. Each ingredient plays an important role in providing enrichment to the body. This combination of ingredients served to pets is regulated by the U.S. Food and Drug Administration (FDA) to ensure that pets are being fed safe and nutritious products.

Market Dynamics

Growing demand for pet adoption and acquisition and a rising trend of pet humanization are the primary factors driving the growth of global pet food ingredients market. For instance, according to American Pet Products Association (APPA), in 2016, it was estimated that 78 million dogs and 86 million cats were owned in the U.S. In addition, approximately 44% of all households in the country have a dog, and 35% own a cat. Additionally, increasing the need to enhance the palatability of pet food is also witnessed to drive the market in the forecast period. Palatability is all that matters in regulating the success or failure of pet food in the market. Recently, there has been a substantial amount of product development research applied to this view of improving pet food palatability. It’s as much a viable issue as a need for the animal to like the food. However, stringent rules & regulations for the manufacturing of pet foods may somehow hamper the marker from growing. Therefore, FDA and Association of American Feed Control Officials (AAFCO) organizations have developed model bills and regulations for pet food that states can adopt into their respective state laws and regulations. Without their approval, any single ingredient cannot be used in the pet food industry. In addition, limited availability of ingredients and price sensitivity in the pet food industry also acts as major hindrances for the global market. Moreover, a shift in focus toward premium pet foods and novel pet food ingredients is likely to gain significant impetus for the market share in the forthcoming years. Currently, many pet food manufacturers have come-up with wide-ranging products with numerous options that serve various purposes. For instance, American Nutrition, a custom manufacturer that creates pet food and treats for branded companies and retailers, has declared the launch of its line of Super Premium control brand pet food formulas – ‘Nature’s Source’. The formulas, offered for cats and dogs, are comprised of kibble made with lamb, chicken, and duck, and combined with visible pieces of carrots, peas, cranberries, and apples.

Market Segmentation

The global pet food ingredients market is classified on the basis of ingredient, form, source, pet, and geography. Based on the ingredient segment, the market comprises meat & meat products, cereals, vegetables, fats, and additives. On the basis of form, the segmentation includes dry ingredients and liquid ingredients. The source segment is further bifurcated into animal-based, plant-based, and synthetic. By pet, the segmentation can be given as dog, cat, fish, and others.

Regional Analysis

Geographical coverage has been offered for each of the major regions including North America, Asia-Pacific, Europe, Row, and South America. Among all the regions, North America accounted for the majority of the share in the global market. The growth in the region is attributed to the growth of production plants of leading companies and acquisitions to meet the growing demand from the pet food industry. However, Asia-Pacific is expected to attain the fastest CAGR over the forecast period owing to increase in pet ownership in countries like India, China among others.

Competitive Landscape

The report presents a detailed analysis of major players operating in the pet food ingredients market. Few of the include, Archer Daniels Midland Company, Marc Inc., Colgate-Palmolive Co., Koninklijke DSM N.V., Nestle S.A., Procter & Gamble Co., Agrolimen SA, Cargill, Incorporated (US), BASF SE, Nutriara Alimentos Ltda, DuPont Nutrition & Health, FoodSafe Technologies, Diana Pet Food, AFB International, Omega Protein Corporation, Lallemand, Inc., American Dehydrated Foods, Inc., Kemin Industries among others. Prominent players are adopting product launch, partnerships/collaborations, agreements, investments, and acquisitions as their marketing strategies to sustain in the intense competition and improve their product portfolio. For instance, on May 22, 2019 - Purina Pro Plan Veterinary Supplements has launched ‘Calming Care’, a new management option for owners whose dogs experience anxious and concerned behaviors. Calming Care is a probiotic supplement that comprises a strain of beneficial bacteria shown to support dogs maintain calm behavior. It helps dogs with anxious behaviors and helps them cope with external stressors like separation, novel sounds, unfamiliar visitors or changes in routine and location. It also helps dogs maintain positive cardiac activity during stressful events, endorsing a positive emotional state.

Scope of the Global Pet Food Ingredients Market

By Ingredient

• Meat & Meat Products
• Cereals
• Vegetables
• Fats
• Additives

By Form

• Dry Ingredients
• Liquid Ingredients

By Source

• Animal-Based
• Plant-Based
• Synthetic

By Pet

• Dog
• Cat
• Fish
• Others

By Geography

• North America
  • U.S
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Korea
  • Rest of APAC
• South America
  • Brazil
  • Rest of South America
• Rest of the World
  • Middle East
  • Africa