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Global Pet Food Ingredients Market by Ingredients (Specialty Protein, Amino Acid, Carotenoids, Acidifiers, Phosphates, Vitamins) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: FFA-74423
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 87
  • No. Of Pages: 233
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  • Pub. Date: 2021-10-21
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Summary of the Report

Global pet food ingredients market was worth USD 39.94 billion in 2018. It is expected to grow at a 5.9% CAGR during the forecast period. The primary drivers for the growth of the pet food ingredient market were the growing awareness of the nutritional benefits of minerals and dietary fiber, as well as carotenoids and omega-3 fatty acid in pet nutrition.

Many pet food manufacturers today offer a wide range of products that can be used for different purposes. Customers can select products based on many factors, such as price points, breeds, diseases, and life stages. This type of dynamic change is likely to increase the market for pet food ingredients.

It is also estimated that there was a significant increase in the number of households with companion animal households between 2006 and 2016. The growth in total households over the past ten year has been less than that in households with companion animals, especially in the United States.

The market is also driven by increasing adoption of dogs and cats, as well as a growing focus on productivity and health. The majority of ingredients used to prepare companion animal food are synthetic at the moment due to their low cost and availability.

The Pet Food Industry estimates that nearly 95% pet owners consider their companion animals a part their family. This means that they place a high value on the quality of the food served to them. This market is driven by the preference of consumers for premium and super-premium ingredients.

There is increasing concern about the potential dangers of synthetic ingredients. Therefore, policymakers are focusing on decreasing the use antibiotics like ethoxyquin. They also focus on organic and natural products. These products will grow at the fastest rate in the next few years.

Ingredients Insights

The segment of pet food ingredients was the most important in 2018. This segment includes methionine and lysine as well as cysteine. Lysine dominates the segment.

Lysine is an amino acid that forms a building block of protein in the animal's body. The animal body cannot produce enough of this amino acid so it must be supplemented or given as a diet. Lysine can be used in companion animals' diets as an ingredient. It has a similar biological value to soybean.

This market is expected to expand at a rapid pace. Another important segment is the phosphates. Monocalcium and dicalcium are the most commonly used phosphates for animal nutrition. These phosphates are vital nutrients that improve the health of companion animals.

Gut health ingredients are further classified as beta-glucan, Mannan-oligosaccharide (MOS), Fructooligosaccharides (FOS), probiotics, and prebiotics. This product has wide acceptance because it stimulates anti-microbial and anti–tumor activities by binding to receptors on white cells and macrophages.

The demand for Palatants is also increasing due to the increased focus on pet food palatability. The three main sensory characteristics that animals use to determine palatability are the macronutrient profile, texture and smell of the food. Dogs are hypersensitive and smell food a lot.

The growth of acidifiers and antioxidants has been accelerated by growing concern about antibiotics being used in agricultural applications. Propionic acids, citric acid and fumaric acids are some of the most popular feed acidifiers. Fumaric acid, which is the primary driver of the product, is an efficient and cheaper energy source that is similar to glucose.

Other major product segments include specialty protein, mold inhibitors and vitamins, minerals, mycotoxin detoxifiers as well as carotenoids, flavor & sweeteners, antimicrobials & antibiotics.

Regional Insights

Asia Pacific was the biggest regional market in 2018, with a market share exceeding 34%. The primary drivers for consumer spending on companion animals include rising population, increasing disposable income and a growing humanization trend. Due to rising consumer preference for natural products, the market is moving from mass-market to premium products.

North America was led by the U.S. and Canada. Mexico came in third place as the largest regional market. Due to its well-developed petfood industry and high ownership of horses, dogs, and cats, the U.S. was the dominant market in North America. The country is ranked among the top five countries in terms of the number of fishes, cats, and dogs it has.

Companies operating in these markets can expect positive developments due to the balanced demand-supply environment in countries like the U.S.A. In terms of integrations and acquisitions, Chinese ingredient manufacturers have been consolidating at a quicker pace than the rest of the globe.

In 2018, Europe held nearly 27% of the market share. In 2018, Europe accounted for nearly 27% of the global pet food market. These factors include high pet ownership rates, developed economies, and consumers' willingness to spend more money on pet care. The European Pet Food Industry Federation, (FEDIAF) estimates that more than 80 million households in Europe have at least one pet. Cat food products dominate the regional market due to higher cat ownership.

The European pet population was almost 84.9 million and 49.8 millions respectively. Europe is a highly competitive market for pet food ingredients companies due to the presence of almost 132 pet food manufacturing businesses and 200 production facilities.

Market Share Insights & Key Companies

The market for pet food ingredients is fragmented. To expand their global reach, major manufacturers have taken a variety of strategic initiatives, including acquisitions, mergers and partnerships, joint ventures or agreements, expansions, new product launches, and partnerships.

The livestock value chain is distinct from other commodity value chains in that it has a majority of participants. This allows for clear and identifiable transactions. DuPont Nutrition & Health, FoodSafe Technologies, Diana Pet Food, AFB International, Lallemand, Inc., American Dehydrated Foods, Inc., Kemin Industries, are some of the key players in this market.

Pet food ingredient manufacturers have been driven by technological advances to improve their sourcing of ingredients and energy consumption. Producers will continue to face a challenge and opportunity in meeting growing demand for pet food ingredients.

Long-term "offtake" agreements are preferred. Production contracts with pet food producers can be a benefit to ingredients producers as they offer opportunities for profit margin boosting.

Market players are focusing their attention on the developing countries of Asia Pacific. There, the pet food market is expected to grow at a rapid pace which will be a major driver for the product market. Global players are able to expand their operations in the region because of the existence of untapped markets due to lower pet ownership.

Market Report Scope for Pet Food Ingredients

The Report Covers Certain Segments

This report forecasts revenue growth and volume at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2014-2025. Grand View Research has divided the global pet foods ingredients market report by region and ingredients.

  • Ingredients Outlook (Volume of Kilo Tons; Revenue USD Million, 2014-2025)

    • Specialty Proteins

      • Beef Proteins

      • Egg Proteins

      • Blended Proteins

      • Hydrolyzed Proteins

        • Hydrolyzed Feather

          • Hydrolyzed Chicken

        • Hydrolyzed Collagen

      • Pork Protein

        • Pork Plasma

        • Pork Powder

      • Fish Protein

        • Salmon

        • Whitefish

        • Other

      • Poultry protein

        • Chicken

        • Other

      • Ovine Proteins

        • Lamb

        • Other

      • Cervine Proteins

      • Other Animal Proteins

      • Plant Proteins

      • Algal Proteins

    • Amino Acids

      • Lysine

      • Methionine

      • Threonine

      • Cysteine

      • Other

    • Mold inhibitors

    • Gut Health Ingredients

      • Beta-Glucan

        • Cereals

        • Mushroom

        • Yeasts

        • Seaweed

      • FOS & MOS

      • Probiotics

      • Prebiotics

    • Phosphates

      • Monocalcium

      • Dicalcium

      • Phospholipids

      • Other (Ortho phosphates and SAPP, TSPP)

    • Vitamins

      • Water-soluble

      • Fat-soluble

    • Acidifiers

      • Phosphoric Acid

      • Propionic Acid

      • Fumaric Acid

      • Formic Acid

      • Citric Acid

      • Acetic Acid

      • Lactic Acid

      • Other

    • Carotenoids

      • Astaxanthin

      • Beta-Carotene

      • Zeaxanthine

      • Lutein

      • Other

    • Enzymes

      • Phytases

      • Carbohydrases

      • Proteases

      • Other

    • Mycotoxin Detoxifiers

      • Binders

      • Modifiers

    • Flavors and Sweeteners

      • Palatants

      • Flavors

        • Nature

          • Poultry Flavors

        • Synthetic

          • 2-methyl-3-furanthiol

      • Sweeteners

    • Antimicrobials & Antibiotics

      • Tetracycline

      • Penicillin

      • Other

    • Minerals

      • Calcium

      • Potassium

      • Magnesium

      • Zinc

      • Other

    • Anti-oxidants

      • Nature

        • Rosemary

        • Spearmint

        • Mixed tocopherols

        • Extracts of green tea

        • Clove

        • Oregano

        • Thyme

        • Other

      • Synthetic

        • Bha

        • Bht

        • Ethoxyquin

        • Other (TBHQ, Propyl gallate etc.

  • Regional Outlook (Volume of Kilo Tons; Revenue USD Million, 2014-2025)

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • Western Europe

        • Germany

        • The U.K.

        • France

      • Eastern Europe

        • Russia

    • Asia Pacific

      • China

      • Japan

      • Thailand

      • Australia

      • South Korea

      • Taiwan

    • Central America

    • South America

      • Brazil

      • Argentina

      • Chile

      • Colombia

    • Middle East & Africa

      • Turkey

      • Morocco

      • Saudi Arabia

      • South Africa

These are the most frequently asked questions about this report

b. Global pet food ingredients market was valued at USD 47.6 Billion in 2019, and is forecast to grow to USD 50.7 Billion by 2020.

b. Global pet food ingredients market will grow at a compound annual rate of 5.5% between 2020 and 2027, reaching USD 73.0 Billion by 2027.

b. With a 34.8% share in 2019, North America was the dominant market for pet food ingredients. This can be attributed to increasing populations, rising disposable income and the growing humanization trend.

b. DuPont Nutrition & Health, FoodSafe Technologies, Diana Pet Food, AFB International, Lallemand, Inc., American Dehydrated Foods, Inc., Kemin Industries are some of the key players in the pet food ingredients industry.

b. The key factors driving growth in the pet food ingredients market include increased awareness about the nutritional benefits and use of minerals, dietary fibre, carotenoids, as well as omega-3 fatty acid.

Up Market Research published a new report titled “Pet Food Ingredients Market research report which is segmented by Ingredients (Specialty Protein, Amino Acid, Carotenoids, Acidifiers, Phosphates, Vitamins), By Players/Companies AFB International, Kemin Industries, among others, FoodSafe Technologies, Inc, Diana Pet Food, Inc, Lallemand, DuPont Nutrition & Health, American Dehydrated Foods”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report AttributesReport Details
Report TitlePet Food Ingredients Market Research Report
By IngredientsSpecialty Protein, Amino Acid, Carotenoids, Acidifiers, Phosphates, Vitamins
By CompaniesAFB International, Kemin Industries, among others, FoodSafe Technologies, Inc, Diana Pet Food, Inc, Lallemand, DuPont Nutrition & Health, American Dehydrated Foods
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages233
Number of Tables & Figures164
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Pet Food Ingredients Industry Outlook

Global Pet Food Ingredients Market Report Segments:

The market is segmented by Ingredients (Specialty Protein, Amino Acid, Carotenoids, Acidifiers, Phosphates, Vitamins).

Pet Food Ingredients Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Pet Food Ingredients Market

Overview of the regional outlook of the Pet Food Ingredients Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Pet Food Ingredients Market Overview

Highlights of The Pet Food Ingredients Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Pet Food Ingredients Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Ingredients:

                1. Specialty Protein

                2. Amino Acid

                3. Carotenoids

                4. Acidifiers

                5. Phosphates

                6. Vitamins

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Pet Food Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Pet Food Ingredients Market Trends

Reasons to Purchase the Pet Food Ingredients Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Food Ingredients Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Pet Food Ingredients Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Pet Food Ingredients Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Pet Food Ingredients Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Pet Food Ingredients Market Size & Forecast, 2018-2028 
      4.5.1 Pet Food Ingredients Market Size and Y-o-Y Growth 
      4.5.2 Pet Food Ingredients Market Absolute $ Opportunity 


Chapter 5 Global Pet Food Ingredients Market Analysis and Forecast by Ingredients
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Ingredients
      5.1.2 Basis Point Share (BPS) Analysis by Ingredients
      5.1.3 Absolute $ Opportunity Assessment by Ingredients
   5.2 Pet Food Ingredients Market Size Forecast by Ingredients
      5.2.1 Specialty Protein
      5.2.2 Amino Acid
      5.2.3 Carotenoids
      5.2.4 Acidifiers
      5.2.5 Phosphates
      5.2.6 Vitamins
   5.3 Market Attractiveness Analysis by Ingredients

Chapter 6 Global Pet Food Ingredients Market Analysis and Forecast by Region
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Region
      6.1.2 Basis Point Share (BPS) Analysis by Region
      6.1.3 Absolute $ Opportunity Assessment by Region
   6.2 Pet Food Ingredients Market Size Forecast by Region
      6.2.1 North America
      6.2.2 Europe
      6.2.3 Asia Pacific
      6.2.4 Latin America
      6.2.5 Middle East & Africa (MEA)
   6.3 Market Attractiveness Analysis by Region

Chapter 7 Coronavirus Disease (COVID-19) Impact 
   7.1 Introduction 
   7.2 Current & Future Impact Analysis 
   7.3 Economic Impact Analysis 
   7.4 Government Policies 
   7.5 Investment Scenario

Chapter 8 North America Pet Food Ingredients Analysis and Forecast
   8.1 Introduction
   8.2 North America Pet Food Ingredients Market Size Forecast by Country
      8.2.1 U.S.
      8.2.2 Canada
   8.3 Basis Point Share (BPS) Analysis by Country
   8.4 Absolute $ Opportunity Assessment by Country
   8.5 Market Attractiveness Analysis by Country
   8.6 North America Pet Food Ingredients Market Size Forecast by Ingredients
      8.6.1 Specialty Protein
      8.6.2 Amino Acid
      8.6.3 Carotenoids
      8.6.4 Acidifiers
      8.6.5 Phosphates
      8.6.6 Vitamins
   8.7 Basis Point Share (BPS) Analysis by Ingredients 
   8.8 Absolute $ Opportunity Assessment by Ingredients 
   8.9 Market Attractiveness Analysis by Ingredients

Chapter 9 Europe Pet Food Ingredients Analysis and Forecast
   9.1 Introduction
   9.2 Europe Pet Food Ingredients Market Size Forecast by Country
      9.2.1 Germany
      9.2.2 France
      9.2.3 Italy
      9.2.4 U.K.
      9.2.5 Spain
      9.2.6 Russia
      9.2.7 Rest of Europe
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 Europe Pet Food Ingredients Market Size Forecast by Ingredients
      9.6.1 Specialty Protein
      9.6.2 Amino Acid
      9.6.3 Carotenoids
      9.6.4 Acidifiers
      9.6.5 Phosphates
      9.6.6 Vitamins
   9.7 Basis Point Share (BPS) Analysis by Ingredients 
   9.8 Absolute $ Opportunity Assessment by Ingredients 
   9.9 Market Attractiveness Analysis by Ingredients

Chapter 10 Asia Pacific Pet Food Ingredients Analysis and Forecast
   10.1 Introduction
   10.2 Asia Pacific Pet Food Ingredients Market Size Forecast by Country
      10.2.1 China
      10.2.2 Japan
      10.2.3 South Korea
      10.2.4 India
      10.2.5 Australia
      10.2.6 South East Asia (SEA)
      10.2.7 Rest of Asia Pacific (APAC)
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Asia Pacific Pet Food Ingredients Market Size Forecast by Ingredients
      10.6.1 Specialty Protein
      10.6.2 Amino Acid
      10.6.3 Carotenoids
      10.6.4 Acidifiers
      10.6.5 Phosphates
      10.6.6 Vitamins
   10.7 Basis Point Share (BPS) Analysis by Ingredients 
   10.8 Absolute $ Opportunity Assessment by Ingredients 
   10.9 Market Attractiveness Analysis by Ingredients

Chapter 11 Latin America Pet Food Ingredients Analysis and Forecast
   11.1 Introduction
   11.2 Latin America Pet Food Ingredients Market Size Forecast by Country
      11.2.1 Brazil
      11.2.2 Mexico
      11.2.3 Rest of Latin America (LATAM)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Latin America Pet Food Ingredients Market Size Forecast by Ingredients
      11.6.1 Specialty Protein
      11.6.2 Amino Acid
      11.6.3 Carotenoids
      11.6.4 Acidifiers
      11.6.5 Phosphates
      11.6.6 Vitamins
   11.7 Basis Point Share (BPS) Analysis by Ingredients 
   11.8 Absolute $ Opportunity Assessment by Ingredients 
   11.9 Market Attractiveness Analysis by Ingredients

Chapter 12 Middle East & Africa (MEA) Pet Food Ingredients Analysis and Forecast
   12.1 Introduction
   12.2 Middle East & Africa (MEA) Pet Food Ingredients Market Size Forecast by Country
      12.2.1 Saudi Arabia
      12.2.2 South Africa
      12.2.3 UAE
      12.2.4 Rest of Middle East & Africa (MEA)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Middle East & Africa (MEA) Pet Food Ingredients Market Size Forecast by Ingredients
      12.6.1 Specialty Protein
      12.6.2 Amino Acid
      12.6.3 Carotenoids
      12.6.4 Acidifiers
      12.6.5 Phosphates
      12.6.6 Vitamins
   12.7 Basis Point Share (BPS) Analysis by Ingredients 
   12.8 Absolute $ Opportunity Assessment by Ingredients 
   12.9 Market Attractiveness Analysis by Ingredients

Chapter 13 Competition Landscape 
   13.1 Pet Food Ingredients Market: Competitive Dashboard
   13.2 Global Pet Food Ingredients Market: Market Share Analysis, 2019
   13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      13.3.1 AFB International
      13.3.2 Kemin Industries
      13.3.3 among others
      13.3.4 FoodSafe Technologies
      13.3.5 Inc
      13.3.6 Diana Pet Food
      13.3.7 Inc
      13.3.8 Lallemand
      13.3.9 DuPont Nutrition & Health
      13.3.10 American Dehydrated Foods
Segments Covered in the Report
The global Pet Food Ingredients market has been segmented based on

By Ingredients
  • Specialty Protein
  • Amino Acid
  • Carotenoids
  • Acidifiers
  • Phosphates
  • Vitamins
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • AFB International
  • Kemin Industries
  • among others
  • FoodSafe Technologies
  • Inc
  • Diana Pet Food
  • Inc
  • Lallemand
  • DuPont Nutrition & Health
  • American Dehydrated Foods

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