Global Pet Food Ingredients Growth Opportunities

Global Pet Food Ingredients Growth Opportunities

Increasing Pet Ownership in Developing Economies is Boosting the Growth of Pet Food Ingredients Globally

RELEASE DATE
20-Aug-2021
REGION
Global
Research Code: K627-01-00-00-00
SKU: FN00048-GL-MT_25709
$4,950.00
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FN00048-GL-MT_25709
$4,950.00
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Description

Pet food ingredients are ingredients added in pet foods, supplements, and treats to imply functional benefits. This study primarily focuses on assessing the growth opportunities for the pet food ingredients market with respect to ingredients such as probiotics, prebiotics, health ingredients (glucosamine, chondroitin, melatonin, omega-3 fatty acids), and others (vitamins, organic acids, organic trace minerals, enzymes). The key driver for the global pet food ingredients market is the trend of humanization of pets, which is driving the demand for premium pet foods. Growing consciousness amongst pet owners toward their pet’s joint health, immunity and digestive health, skin health, and general wellness is driving the demand for functional and specialized ingredients, such as probiotics, prebiotics, glucosamine, chondroitin, melatonin, omega-3 fatty acids, and others.

By application, the scope of the study includes dogs, cats, and other pets (ornamental birds, small mammals, aquarium, and reptiles). Dog foods dominate the global pet food ingredients market due to higher levels of incorporation than food for cats and other types of pets.

The geographic scope of this study is global and includes the following regions: North America (NA), Europe, Asia-Pacific (APAC), and Rest of the World (ROW). North America dominates the global pet food ingredients market due to its high pet population and high consumer spending ability. However, increasing pet ownership in Asia-Pacific and Latin America due to rising per-capita disposable income and humanization of pets, the markets in these regions are expected to witness the fastest growth during the forecast period.

The impact of the COVID-19 pandemic has been considered in this analysis. Developed economies, such as North America and Europe, witnessed increased pet adoption in 2020 to combat loneliness amid lockdown measures. This, in turn, boosted the demand for premium pet foods and resulted in increasing demand for pet food ingredients. Contrarily, a few countries of Asia-Pacific, such as China, Malaysia, and Singapore, Latin America, and the Middle East and Africa witnessed increased cases of pet abandonment, which affected the market growth of pet food ingredients in these regions.

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Pet Food Ingredients Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Pet Food Ingredients Market, Scope of Analysis

Executive Summary, Pet Food Ingredients Market

Market Segmentation

Market Definition

Market Definition (continued)

Market Definition (continued)

Key Competitors for Pet Food Ingredients Market

Key Competitors for Pet Food Ingredients Market (continued)

Forecast Assumptions, Pet Food Ingredients Market

Forecast Assumptions, Pet Food Ingredients Market (continued)

Value Chain, Pet Food Ingredients Market

Value Chain Analysis, Pet Food Ingredients Market

Pet Demographics Data, Pet Food Ingredients Market

COVID-19 Effect on the Global Pet Food Industry

COVID-19 Effect on the Global Pet Food Industry (continued)

Growth Drivers for Pet Food Ingredients Market

Drivers Explained for Pet Food Ingredients Market

Drivers Explained for Pet Food Ingredients Market (continued)

Drivers Explained for Pet Food Ingredients Market (continued)

Drivers Explained for Pet Food Ingredients Market (continued)

Drivers Explained for Pet Food Ingredients Market (continued)

Growth Restraints for Pet Food Ingredients Market

Restraint Explained for Pet Food Ingredients Market

Restraint Explained for Pet Food Ingredients Market (continued)

Key Growth Metrics for Pet Food Ingredient Market

Revenue Forecast, Pet Food Ingredients Market

Unit Shipment Forecast, Pet Food Ingredients Market

Revenue and Unit Shipment Forecast Analysis, Pet Food Ingredients Market

Revenue Forecast by Ingredients, Pet Food Ingredients Market

Unit Shipment Forecast by Ingredients, Pet Food Ingredients Market

Revenue and Unit Shipment Forecast Analysis by Ingredients, Pet Food Ingredients Market

Revenue and Unit Shipment Forecast Analysis by Ingredients, Pet Food Ingredients Market (continued)

Revenue Forecast by Application, Pet Food Ingredients Market

Unit Shipment Forecast by Application, Pet Food Ingredients Market

Revenue and Unit shipment Forecast Analysis by Application, Pet Food Ingredients Market

Revenue Forecast by Region, Pet Food Ingredients Market

Unit Shipment Forecast by Region, Pet Food Ingredients Market

Revenue and Unit Shipment Forecast Analysis by Region, Pet Food Ingredients Market

Revenue and Unit Shipment Forecast Analysis by Region, Pet Food Ingredients Market (continued)

Market Outlook of Amino Acids in the Pet Food Industry

Market Trends, Pet Food Ingredients Market

Market Trends, Pet Food Ingredients Market (continued)

Market Trends, Pet Food Ingredients Market (continued)

Competitive Environment, Pet Food Ingredient Market

Competitive Landscape Analysis, Pet Food Ingredients Market

Competitive Landscape Analysis, Pet Food Ingredients Market (continued)

Top Mergers and Acquisitions by Pet Food Product Formulators, Pet Food Ingredients Market

Recent Product Launches by Pet Food Product Formulators, Pet Food Ingredients Market

Recent Product Launches by Pet Food Product Formulators, Pet Food Ingredients Market (continued)

Recent Product Launches by Pet Food Product Formulators, Pet Food Ingredients Market (continued)

Key Growth Metrics for Probiotics

Revenue Forecast, Probiotics

Revenue Forecast by Application, Probiotics

Revenue Forecast by Region, Probiotics

Revenue Forecast Analysis, Probiotics

Revenue Forecast Analysis, Probiotics (continued)

Revenue Forecast by Species, Probiotics

Revenue Forecast Analysis by Species, Probiotics

Revenue Forecast Analysis by Species, Probiotics (continued)

Market Activities, Probiotics (2018 and 2020)

Patent/Technological Updates—Probiotics

Key Growth Metrics for Prebiotics

Revenue Forecast, Prebiotics

Unit Shipment Forecast, Prebiotics

Revenue Forecast by Application, Prebiotics

Unit Shipment Forecast by Application, Prebiotics

Revenue Forecast by Region, Prebiotics

Unit Shipment Forecast by Region, Prebiotics

Revenue and Unit Shipment Forecast Analysis, Prebiotics

Revenue and Unit Shipment Forecast Analysis, Prebiotics (continued)

Revenue Forecast by Sub-ingredients, Prebiotics

Unit Shipment Forecast by Sub-ingredients, Prebiotics

Revenue and Unit Shipment Forecast Analysis by Sub-ingredient, Prebiotics

Key Growth Metrics for Health Ingredients

Revenue Forecast, Health Ingredients

Unit Shipment Forecast, Health Ingredients

Revenue Forecast by Application, Health Ingredients

Unit Shipment Forecast by Application, Health Ingredients

Revenue Forecast by Region, Health Ingredients

Unit Shipment Forecast by Region, Health Ingredients

Revenue and Unit Shipment Forecast Analysis, Health Ingredients

Revenue and Unit Shipment Forecast Analysis, Health Ingredients (continued)

Revenue Forecast by Sub-ingredients, Health Ingredients

Unit Shipment Forecast by Sub-ingredients, Health Ingredients

Revenue and Unit Shipment Forecast Analysis by Sub-ingredient, Health Ingredients

Revenue and Unit Shipment Forecast Analysis by Sub-ingredient, Health Ingredients (continued)

Patent/Technological Updates—Health Ingredients

Key Growth Metrics for Others Segment

Revenue Forecast, Others Segment

Unit Shipment Forecast, Others Segment

Revenue Forecast by Application, Others Segment

Unit Shipment Forecast by Application, Others Segment

Revenue Forecast by Region, Others Segment

Unit Shipment Forecast by Region, Others Segment

Revenue and Unit Shipment Forecast Analysis, Others Segment

Revenue and Unit Shipment Forecast Analysis, Others Segment (continued)

Revenue Forecast by Sub-ingredients, Others Segment

Unit Shipment Forecast by Sub-ingredients, Others Segment

Revenue and Unit Shipment Forecast Analysis by Sub-ingredient, Others Segment

Revenue and Unit Shipment Forecast Analysis by Sub-ingredient, Others Segment (continued)

Growth Opportunity 1—Rising Demand for Premium Pet Food is Expected to Boost the Growth of the Pet Food Ingredients Market, 2021–2026

Growth Opportunity 1—Rising Demand for Premium Pet Food is Expected to Boost the Growth of the Pet Food Ingredients Market, 2021–2026 (continued)

Growth Opportunity 2—Increasing Pet Ownership in Emerging Economies of Asia-Pacific is Expected to Boost the Growth of the Global Pet Food Ingredient Market, 2021–2026

Growth Opportunity 2—Increasing Pet Ownership in Emerging Economies of Asia-Pacific is Expected to Boost the Growth of the Global Pet Food Ingredient Market, 2021–2026 (continued)

Growth Opportunity 3—Adoption of Microencapsulation Technology is Expected to Boost the Growth of the Probiotics Market, 2021–2026

Growth Opportunity 3—Adoption of Microencapsulation Technology is Expected to Boost the Growth of the Probiotics Market, 2021–2026 (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Related Research
Pet food ingredients are ingredients added in pet foods, supplements, and treats to imply functional benefits. This study primarily focuses on assessing the growth opportunities for the pet food ingredients market with respect to ingredients such as probiotics, prebiotics, health ingredients (glucosamine, chondroitin, melatonin, omega-3 fatty acids), and others (vitamins, organic acids, organic trace minerals, enzymes). The key driver for the global pet food ingredients market is the trend of humanization of pets, which is driving the demand for premium pet foods. Growing consciousness amongst pet owners toward their pets joint health, immunity and digestive health, skin health, and general wellness is driving the demand for functional and specialized ingredients, such as probiotics, prebiotics, glucosamine, chondroitin, melatonin, omega-3 fatty acids, and others. By application, the scope of the study includes dogs, cats, and other pets (ornamental birds, small mammals, aquarium, and reptiles). Dog foods dominate the global pet food ingredients market due to higher levels of incorporation than food for cats and other types of pets. The geographic scope of this study is global and includes the following regions: North America (NA), Europe, Asia-Pacific (APAC), and Rest of the World (ROW). North America dominates the global pet food ingredients market due to its high pet population and high consumer spending ability. However, increasing pet ownership in Asia-Pacific and Latin America due to rising per-capita disposable income and humanization of pets, the markets in these regions are expected to witness the fastest growth during the forecast period. The impact of the COVID-19 pandemic has been considered in this analysis. Developed economies, such as North America and Europe, witnessed increased pet adoption in 2020 to combat loneliness amid lockdown measures. This, in turn, boosted the demand for premium pet foods and resulted in increasing demand for pet food ingredients. Contrarily, a few countries of Asia-Pacific, such as China, Malaysia, and Singapore, Latin America, and the Middle East and Africa witnessed increased cases of pet abandonment, which affected the market growth of pet food ingredients in these regions.
More Information
No Index No
Podcast No
Author Nimisha Dhomne
Industries Agriculture and Nutrition
WIP Number K627-01-00-00-00
Is Prebook No
GPS Codes 9104-A2,9595