Pet Food Ingredients Market According to Future Market Insights (FMI), the global pet food ingredients market is set to be valued at US$ 42.2 billion in 2023. It is anticipated to reach US$ 68.3 billion by 2033. The market is expected to escalate at a CAGR of 4.9% from 2023 to 2033. A main factor driving the market for pet food ingredients is rising …
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Pet Food Ingredients Market Is Likely to Register Double Digit CAGR by 2032
The pet food ingredient market was valued at US$ 11.49 Bn in 2021 and is projected to grow at a CAGR of 5.4%, to reach a value of US$ 20.5 Bn by 2032. The market accounts for 6% of the overall pet care market which was valued at US$ 189 Bn in the year 2021. This growth is attributed to the current …
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