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
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
Report Attribute |
More Details |
Market size in 2020 |
USD 50.7 billion |
Forecast Revenues in 2025 |
USD 59.45 Billion |
Growth Rate |
CAGR of 5.9% between 2019 and 2025 |
Estimation base year |
2018 |
Historical data |
2014 - 2017 |
Forecast period |
2019 - 2025 |
Quantitative units |
Volume in kilotons, revenues in USD millions and CAGR between 2019-2025 |
Report coverage |
Volume & Revenue Forecast, Company Share, Competitive Landscape, Growth Factors and Trends |
Segments covered |
Ingredients, region |
Regional scope |
North America; Europe, Asia Pacific; Central and South America. Middle East & Africa |
Country coverage |
U.S.; Canada; Mexico; Germany; U.K.; France; Russia; China; Japan; Thailand; Australia; South Korea; Taiwan; Brazil; Argentina; Chile; Colombia; Turkey; Morocco; Saudi Arabia; South Africa |
Key companies profiled |
DuPont Nutrition & Health; FoodSafe Technologies; Diana Pet Food; AFB International; Lallemand; Inc.; American Dehydrated Foods; Inc.; Kemin Industries. |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your research needs. Explore your purchase options |
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.
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Ingredients Outlook (Volume of Kilo Tons; Revenue USD Million, 2014-2025)
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Specialty Proteins
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Beef Proteins
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Egg Proteins
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Blended Proteins
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Hydrolyzed Proteins
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Hydrolyzed Feather
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Hydrolyzed Chicken
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Hydrolyzed Collagen
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Pork Protein
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Pork Plasma
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Pork Powder
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Fish Protein
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Salmon
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Whitefish
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Other
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Poultry protein
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Chicken
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Other
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Ovine Proteins
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Lamb
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Other
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Cervine Proteins
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Other Animal Proteins
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Plant Proteins
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Algal Proteins
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Amino Acids
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Lysine
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Methionine
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Threonine
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Cysteine
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Other
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Mold inhibitors
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Gut Health Ingredients
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Beta-Glucan
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Cereals
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Mushroom
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Yeasts
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Seaweed
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FOS & MOS
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Probiotics
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Prebiotics
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Phosphates
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Monocalcium
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Dicalcium
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Phospholipids
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Other (Ortho phosphates and SAPP, TSPP)
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Vitamins
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Water-soluble
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Fat-soluble
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Acidifiers
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Phosphoric Acid
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Propionic Acid
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Fumaric Acid
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Formic Acid
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Citric Acid
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Acetic Acid
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Lactic Acid
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Other
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Carotenoids
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Astaxanthin
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Beta-Carotene
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Zeaxanthine
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Lutein
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Other
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Enzymes
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Phytases
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Carbohydrases
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Proteases
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Other
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Mycotoxin Detoxifiers
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Binders
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Modifiers
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Flavors and Sweeteners
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Palatants
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Flavors
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Nature
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Poultry Flavors
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Synthetic
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2-methyl-3-furanthiol
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Sweeteners
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Antimicrobials & Antibiotics
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Tetracycline
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Penicillin
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Other
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Minerals
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Calcium
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Potassium
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Magnesium
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Zinc
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Other
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Anti-oxidants
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Nature
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Rosemary
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Spearmint
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Mixed tocopherols
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Extracts of green tea
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Clove
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Oregano
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Thyme
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Other
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Synthetic
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Bha
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Bht
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Ethoxyquin
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Other (TBHQ, Propyl gallate etc.
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Regional Outlook (Volume of Kilo Tons; Revenue USD Million, 2014-2025)
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North America
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The U.S.
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Canada
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Mexico
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Europe
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Western Europe
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Germany
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The U.K.
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France
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Eastern Europe
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Russia
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Asia Pacific
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China
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Japan
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Thailand
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Australia
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South Korea
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Taiwan
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Central America
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South America
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Brazil
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Argentina
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Chile
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Colombia
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Middle East & Africa
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Turkey
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Morocco
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Saudi Arabia
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South Africa
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These are the most frequently asked questions about this report
What is the size of the pet food ingredients marketb. 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.
How is the market for pet food ingredients growing?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.
Which market segment had the largest share of pet food ingredients?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.
What are the major players in the pet food ingredients marketb. 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.
What are the main factors that drive the pet food ingredient market?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 Scope
Report Attributes | Report Details |
Report Title | Pet Food Ingredients Market Research Report |
By Ingredients | Specialty Protein, Amino Acid, Carotenoids, Acidifiers, Phosphates, Vitamins |
By Companies | AFB International, Kemin Industries, among others, FoodSafe Technologies, Inc, Diana Pet Food, Inc, Lallemand, DuPont Nutrition & Health, American Dehydrated Foods |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 233 |
Number of Tables & Figures | 164 |
Customization Available | Yes, 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 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.
Highlights of The Pet Food Ingredients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Pet Food Ingredients Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Specialty Protein
2. Amino Acid
3. Carotenoids
4. Acidifiers
5. Phosphates
6. Vitamins
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
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 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