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Pet Food Ingredients Market Trends

Report ID: GMI3947
Published Date: Oct 2023
Report Format: PDF

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Pet Food Ingredients Market Trends

The market experiencing several growth trends driven by evolving consumer preferences, health awareness, and sustainability concerns. Pet owners increasingly seek pet food products with natural, wholesome, and minimally processed ingredients. There is a growing interest in pet foods with high-quality proteins, whole grains, fruits, and vegetables, as well as those free from artificial additives and preservatives.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Pet food ingredients market size exceeded USD 1,340 million in 2022 and is estimated to reach USD 2,250 million by the end of 2032 due to the rising pet population, evolving consumer preferences, and the higher focus on pet health and wellness

Pet food ingredients market share from the amino acids segment will expand significantly through 2032 due to higher usage in pet food formulations

U.S. pet food ingredients industry size reached over USD 300 million in 2022 and is anticipated to expand at significant pace from 2023-2032 owing to the presence of large pet-owning population and increasing pet humanization in the country

AFB International, Kemin Industries, Inc., Archers Daniel Midland (ADM), Novus International, Hebei Donghua Chemical Group, Pacific Bioproducts, Omega Protein Corporation, Koninklijke DSM N.V., Lallemand, Inc., and Diana Pet Food are some major pet food ingredient providers