Pet Food Ingredients Market Future Growth 2019 to 2023

Pet Food Ingredients Market Future Prospects, Future Opportunities

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Pets require essential nutrients such as proteins, vitamins, and minerals to stay strong and healthy. Concern for a healthier lifestyle, fewer digestive disorders, high energy level, healthy weight, and longer lifespan in pets are few of the key drivers boosting the growth of pet food ingredients market. The ingredients used in pet food are available in raw form, and the further processing is done by the pet food processors.

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Prominent Key Players

Some of the key players in the global pet food ingredients market are Archer Daniels Midland Co. (US), DSM N.V. (The Netherlands), Cargill, Inc. (US), BASF SE (Germany), Ingredion, Inc. (US), Roquette Frères (France), SunOpta (Canada), DowDuPont, Inc. (US), Omega Protein Corp. (US), and John Pointon Sons Ltd. (UK).

Regional Analysis

Geographically, North America is witnessed to hold the maximum share in the Global Pet Food Ingredients Market owing to the rising demand for healthier pet diet. With increasing pet humanization, health concern among pet owners for pets have also increased in this region. Europe contributes a healthy revenue share towards global pet food ingredients market owing to the rising pet adoption. Majority of the households in this region own at least one pet and consider every possible measure to take care of these pets.

Segmentation Analysis

The global pet food ingredients market has been segmented into ingredient, pet, form, source, and region.

The market based on ingredient has been segmented into meat meat products, cereals, vegetables, fats, and additives.

The market, by pet, has been segmented into dog, cat, fish, and others.

The market, by form, has been segmented into dry ingredients and liquid ingredients.

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September 2018 Market Research Future has published a half-cooked research report on the Global Pet Food Ingredients Market.