The global market for pet food ingredients value isestimated to be worth USD 44,267.8 million by 2024. It is projected to reach USD 71,423.8 million by 2034, reflecting a CAGR of 4.9% over the assessment period 2024 to 2034. Key drivers fueling this expansion include the increasing adoption of pets worldwide and a rising demand for high-quality pet food products.
The surge in pet ownership, particularly among millennials, senior citizens, and single-member households, is a primary catalyst driving the pet food ingredients industry. This trend is influencing the demand for both essential and luxury pet products, including treats, toys, and specialized food items.
Manufacturers are responding to consumer preferences by introducing a diverse range of products that emphasize organic and natural ingredients. Products free from synthetic hormones, antibiotics, harmful pesticides, artificial colors, preservatives, or flavors are gaining popularity. Notably, brands like Kroger are meeting this demand with offerings such as vegetarian and high-protein pet diets that are entirely natural.
Regulatory Considerations
The use of preservatives in pet food, such as parabens, is regulated by agencies like the USA Food and Drug Administration (FDA). Concerns have arisen regarding the potential health impacts of these substances, particularly their effects on the reproductive, nervous, and developmental systems of animals. As a result, there is growing awareness among consumers about the presence of endocrine-disrupting chemicals (EDCs) and heavy metals in pet food, which may impact sales of products containing such ingredients.
Innovations and Trends
Research and development efforts in pet food ingredients are focusing on enhancing product safety and efficacy. Consumers are increasingly seeking pet food products that offer convenience without compromising on quality. Innovations in packaging and formulation are driving the development of appealing products that meet these criteria.
Challenges and Opportunities
Despite the positive growth trajectory, challenges such as regulatory scrutiny and consumer awareness about ingredient safety remain. Manufacturers are navigating these challenges by investing in research to develop safer and more effective pet food ingredients.
“Over time, dog adoption has considerably escalated, especially in industrialized and developing countries. Need for pet food is predicted to surge quickly, which would benefit the market for pet food ingredients. Another element driving the market is increasing demand for premium dog food, which is supported by high maintenance costs,” says a lead analyst at Future Market Insights.
Competition Outlook
The pet food ingredients market is highly competitive, with major players such as ADM Animal Nutrition, Cargill, DSM Nutritional Products, DuPont Nutrition & Biosciences, Evonik Industries, Kerry Group, Ingredion Incorporated, Kemin Industries, Alltech, Darling Ingredients, Balchem Corporation, and Lallemand Animal Nutrition who are making significant investments in research and development to incorporate innovative plat-based products.
These companies are focused on creating innovative and sustainable food concepts to address the consumer’s demand in the market. They are also committed to efficiently manufacturing foods that improve immune health and other health concerns of pet animals through a sustainable solution. To expand their sales, manufacturers are implementing various strategies, including vertical and strategic acquisitions.
For instance
- In 2024, Nestle announced its investment in the “Ocean 14 Capital Fund I”, which aligns with their goals to achieve sustainability in sourcing of ingredient for pet food production. Its Purina PetCare brand, is also working to ensure use of 100% organic ingredients sourced from the sea, and has also taken an initiative for regenerative agriculture for production of bio stimulants utilising seaweed as the key ingredient.
- In 2024, Mars Incorporated, which is global leader in pet care products and service announced partnerships with large companies, such as, ADM, to work and support sustainable regenerative agriculture especially across North America. The main aim was to achieve benefits such as higher yields, lower greenhouse gas emissions, reduced carbon sequestration, and greater biodiversity.
Leading Brands
- Danone SA
- Nestle SA
- Yakult Honsha Co., Ltd.
- ADM
- Kerry Group
- Cargill Inc.
- DuPont Nutrition and BioSciences
- DSM
- Chr Hansen Holding A/S
- Ingredion Inc.
- Sabinsa Corporation
- BASF
- Lonza
- BioGaia
- Lallemand Inc.
- Tate and Lyle
- Glanbia Nutritionals
- Symbiotec
- Amway Corporation
- Bio-Thera Solutions Ltd.
- Stratum Nutrition
- Others
Pet Food Ingredients Market Outlook by Category
By Ingredient Type:
- Starches
- Maize/Corn
- Tapioca
- Potato
- Wheat
- Rice
- Whole Grains
- Fruits and Vegetables
- Seeds and Legumes
- Dietary Fiber
- Wheat
- Rice
- Bran
- Potato
- Legumes
- Oats
- Inulin
- Nuts and Chicory Root
- Fruit Ingredients
- Apple
- Cranberry
- Blueberry
- Other Fruit Ingredients
- Protein
- Sugar
- Fructo-Oligosaccharides
- Manna-oligosaccharide
- Sorbitol
- Propylene Glycol
- Glycerol
By Animal Type:
- Dogs
- Cats
- Birds
- Others
By Nature:
- Organic Pet Food Ingredients
- Conventional Pet Food Ingredients
By Product Type:
- Wet Food
- Dry Food
- Treats and Chews
- Other Product Types (Frozen Food, Raw Food)
By Distribution Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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