The pet food ingredients market delivers benefits such as improved pet health, taste, and specific dietary requirements. High-quality proteins, grains, and natural ingredients enhance nutrition. The dominating segment is natural and premium ingredients due to increased pet owner awareness of healthier, chemical-free options. This trend aligns with the demand for holistic pet nutrition, making premium and natural ingredients the leading choice in the pet food ingredient market. These ingredients contribute to the overall well-being and longevity of pets, driving market growth.
Access Full Report @ https://www.databridgemarketresearch.com/ko/reports/north-america-pet-food-ingredients-market
Data Bridge Market Research analyses that the North America Pet Food Ingredients Market was valued at USD 1,636.61 million in 2022 and is expected to reach USD 2708.58 million by 2030, registering a CAGR of 6.50% during the forecast period of 2023 to 2030. The proliferation of online pet food retailing broadens consumer access to a diverse array of pet food ingredients and products. It enables pet owners to explore and purchase a wider range of options, including specialized and premium ingredients, conveniently from their homes.
Key Findings of the Study
Global urbanization is expected to drive the market's growth rate
The rising pace of urbanization leads to changing lifestyles, with more people living in urban areas and adopting pets. Urban pet owners often seek convenient pet food solutions to accommodate their busy lives. This demand drives the market for pet food ingredients used in ready-to-eat and portable formats, such as kibble and treats. As a result, ingredient manufacturers and pet food companies respond by innovating and developing products that cater to the urban pet owner's need for simplicity and convenience.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Ingredient Type (Meat and Meat Products, Cereals, Vegetable and Fruits, Fats, Additives), Form (Dry, Liquid), Product Type (Original, Blended), Animal (Dog, Cat, Fish, Bird, Rabbit, Others), Source (Animal Based, Plant-Derivatives, Synthetic), Nature (Organic, Inorganic)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America
|
|
Market Players Covered
|
ADM (U.S.), DuPont (U.S.), Barentz (Netherlands), The Peterson Company (U.S.), BASF SE (Germany), DSM (Netherlands), Ingredion. (U.S.), Cargill, Incorporated. (U.S.), Kerry Group plc. (Ireland), The Scoular Company (U.S.), Balchem Inc. (U.S.), Roquette Frères (France), Darling Ingredients (U.S.), Omega Protein (U.S.), Tate & Lyle (U.K.), Chr. Hansen Holding A/S (Denmark), American Dehydrated Foods Inc. (U.S.), APS Phoenix LLC (U.S.), BIORIGIN APS (U.S.), LaBudde Group Inc. (U.S.)
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
|
Segment Analysis:
The North America pet food ingredients market is segmented on the basis of ingredient type, form, product type, animal, source, and nature.
- On the basis of ingredient type, the North America pet food ingredients market is segmented into meat and meat products, cereals, vegetable and fruits, fats, and additives.
- On the basis of form, the North America pet food ingredients market is segmented into dry, and liquid.
- On the basis of product type, the North America pet food ingredients market is segmented into original, and blended.
- On the basis of animal, the North America pet food ingredients market is segmented into dog, cat, fish, bird, rabbit, and others.
- On the basis of source, the North America pet food ingredients market is segmented into animal based, plant-derivatives, and synthetic.
- On the basis of nature, the North America pet food ingredients market is segmented into organic, and inorganic.
Major Players
Data Bridge Market Research recognizes the following companies as the North America pet food ingredients market players in North America pet food ingredients market are ADM (U.S.), DuPont (U.S.), Barentz (Netherlands), The Peterson Company (U.S.), BASF SE (Germany), DSM (Netherlands), Ingredion. (U.S.), Cargill, Incorporated. (U.S.), Kerry Group plc. (Ireland).
Market Developments
- In 2022, BASF SE unveiled a strategic initiative to expand its vitamin A formulation plant, a move aimed at enhancing animal nutrition. This expansion signifies BASF's commitment to strengthening its position in the animal nutrition market and competing effectively among industry leaders. By investing in improved facilities and capabilities, BASF aims to meet the growing demand for high-quality animal feed additives, fostering its reputation as a key player in this vital sector.
- In 2022, Cargill Incorporated introduced a novel line of by-product meals tailored for domestic animals. This range offers animal treats such as ribs, jerkies, wind pipes, bones, and more, enhancing the company's product portfolio. These specialized treats address the demand for high-quality, pet-friendly snacks, demonstrating Cargill's commitment to catering to the evolving needs of pet owners and their pets while expanding its presence in the pet food market.
Regional Analysis
Geographically, the countries covered in the North America pet food ingredients market report are U.S., Canada and Mexico in North America.
As per Data Bridge Market Research analysis:
U.S. is the dominant region in North America pet food ingredients market during the forecast period 2023 - 2030
The U.S. dominates the North America pet food ingredients market due to its extensive pet population and substantial pet food consumption. The region boasts numerous manufacturers specializing in creating innovative and blended pet food ingredients. These ingredients serve as essential components for producing high-quality pet food products. The combination of a large pet owner base and a robust pet food industry positions the U.S. as a major contributor to the market's overall growth and innovation.
For more detailed information about the North America pet food ingredients market report, click here – https://www.databridgemarketresearch.com/ko/reports/north-america-pet-food-ingredients-market
