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Pet Food Ingredient - Global Market Outlook (2018-2027)

Pet Food Ingredient - Global Market Outlook (2018-2027)

Published: January 2020 ID: SMRC18706
Published: January 2020 ID: SMRC18706

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Pet Food Ingredient Market is accounted for $34.42 billion in 2018 and is expected to reach $65.99 billion by 2027 growing at a CAGR of 7.5% during the forecast period. Some of the key factors influencing the market growth include acceptance of insect-based protein and oil by pets and increase in pet population and pet adoption. However, non-uniformity of regulations is hindering the market growth.

Pet food is basically a plant or animal driven product made for the consumption of pet animals. It is usually specific to the type of animal i.e dog food or cat foods are different. The development of the pet food ingredient has encouraged due to the emerging awareness in pet nutrition which included benefits of minerals, omega-3 fatty acids, and fibers among others in pet food.

Based on the form, the dry segment is going to have a lucrative growth during the forecast period. The dry form is used more widely in pet food products, and their popularity can be attributed to their cost-effective nature and low moisture content, which facilitates convenient handling during processing and storage.

By Geography, Europe is likely to have a huge demand due to he increase in the sale of pet food products in countries such as Brazil. Argentina is the fastest-growing pet food market attributed to increased consumer spending and consumer awareness, despite inflation.

Some of the key players in global Pet Food Ingredient market are DowDuPont Inc., Omega Protein Corporation, Ingredion Incorporated, SARIA Group, Big Heart Pet Brands, Colgate-Palmolive Co., Nestle SA, Diamond Pet Food Inc., Laroy Group, BASF SE, Proctor & Gamble Co., Blue Buffalo Co., Ltd, Hill's Pet Nutrition, Spectrum Brands / United Pet Group and Pedigree

Forms Covered:
• Wet/Canned food
• Dry food

Ingredients Covered:
• Vegetables
• Meat & Meat Products
• Additives
• Fats
• Cereals

Sources Covered:
• Plant Derivatives
• Synthetic
• Animal Derivatives

Pets Covered:
• Cat
• Fish
• Dog
• Other Pets

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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