Global Dog Food Ingredients Market, By Form (Dry Pet Food, Wet Pet Food), Ingredient (Meat and Meat Products, Cereals, Vegetables and Fruits, Fats, Additives), Source (Animal-Based, Plant Derivatives, Synthetic Derivatives), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Dog Food Ingredients Market
The dog food ingredients market size is valued at 42.1 billion by 2028 and is expected to expand at a compound annual growth rate of 6.50% over the forecast period of 2021 to 2028. The growing concern for pet health and food safety is the factor for the growth of the dog food ingredients market in the forecast period of 2021 to 2028.
Pet food is generally a plant or animal product such as meat that are used to feed pet animals. These pet food ingredients largely consist of animal products and derivatives, fruits and vegetable, grains and oilseeds, vitamins and minerals. These ingredients are rich source of fiber, calcium, protein, carbohydrates and other micronutrients.
The dog food ingredients market is likely to gain growth, due to the rising trend of humanization of pets which leads to the high demand for premium products. Also the rapid increase in pet adoption amongst the urban population and rise in pet expenditure with a substantial rise in pet food expenditure are expected to drive the market for dog food ingredients over the forecast period of 2021 to 2028. Moreover factors such as increasing income levels and rapidly shifting inclination from mass products to organic pet food ingredients as well as the growing acceptance of insect-based protein and oil by pet owners are the key determinants fueling the growth of the target market. Also the rising standard and young generation inclination towards compassion for pets are also projected to thrust the use of dog food ingredients in the forecast period.
However, non-uniformity of regulations hindering international trade and inadequate availability of ingredients and price sensitivity will limit the growth of the dog food ingredients market in the above mentioned forecast period. Likewise, the high capital investments for equipment and rising threat from counterfeit products have the potential to challenge the growth of the dog food ingredients market.
In addition, the rapid technological advancements to improve product development, growing use of cannabis in pet food as well as the rapid shifting focus toward natural and grain-free products and increasing pet food expenditure in emerging markets will accelerate various growth opportunities that will enhance the growth of the dog food ingredients market in the forecast period of 2021 to 2028.
This dog food ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the dog food ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dog Food Ingredients Market Scope and Market Size
The dog food ingredients market is segmented on the basis of form, ingredient type and source. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the dog food ingredients market is segmented into dry pet food and wet pet food.
- Based on ingredient type, the dog food ingredients market is segmented into meat and meat products, cereals, vegetables and fruits, fats and additives. Meat and meat products have further been segmented into deboned meat, meat meal, by-product meal and animal digest. Cereals have further been segmented into corn and cornmeal, wheat and wheat meal, barley and rice, Vegetables and fruits have further been segmented into fruits, potatoes, carrots and soy and soy meal. Fats have further been segmented into fish oil, tallow, lard, poultry fat and vegetable oil. Additives have further been segmented into vitamins and minerals, enzymes and others. Others have further been segmented into flavors and colors.
- The dog food ingredients market is also segmented on the basis of source into animal-based, plant derivatives and synthetic derivatives.
Dog Food Ingredients Market Country Level Analysis
The dog food ingredients market is analyses and market size, volume information is provided by country, form, ingredient type and source as referenced above.
The countries covered in the dog food ingredients market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America leads the dog food ingredients market because of the rising trend for pet humanization and high pet adoption rate in countries such as the U.S. and Canada within the region. The pet ownership rate is constantly increasing in the U.S. owing to the rapidly changing family structures and lifestyle. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the high dog adoption rates in emerging countries such as China and India in this particular region.
The country section of the dog food ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dog Food Ingredients Market Share Analysis
The dog food ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dog food ingredients market.
The major players covered in the dog food ingredients report are BASF SE, ADM, DSM, Adisseo, Darling Ingredients Inc., Ingredion Incorporated, Omega Protein Corporation, Cargill, Incorporated, DuPont, Chr. Hansen Holding A/S, Roquette Frères, SunOpta, Lallemand Inc., Lesaffre, SARIA A/S GmbH & Co. KG, Nutreco N.V., The Scoular Company, Kemin Industries, Inc., Diana Group and Pancosma among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understands competitive strengths and provide competitive analysis for each competitor separately.
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