Pet food ingredients Market 2021 Share Valuation, Growth Factors, Size, Upcoming Trends, Top Key Players, COVID-19 Impact Analysis, Industry Demand and 2030

In a recent published report, Kenneth Research has updated the market report for Pet food ingredients Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Pet food ingredients Market products.

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By the end of 2050, the world’s population aged 60 years and above is anticipated to reach 2 billion, states the World Health Organization (WHO), in one of its statistics. Additionally, several manufacturers are increasingly showing interest for manufacturing healthy beverages, which is also anticipated to drive the growth of the market in the coming years.

Global Pet Food Ingredients Market was valued at USD 31.10 Billion in the year 2017. The humanization of the pet food has increased usage of fruits & vegetables in form of blended premixes. Further addition of natural colors along with nutraceuticals health ingredients has also bought process & equipment challenges for the manufacturers.

Global Pet Food Ingredients Market is estimated to grow at a CAGR of 3.10% from 2018 to 2025 to reach USD 39.7 Billion by the year 2025. North America region holds the highest Market share in 2017. Whereas Asia Pacific region is considered as the fastest growing Market in the predicted period. The U.S. is the major Market in 2017 at country level analysis.

The major players in Pet Food Ingredients Market are Mars Inc., Colgate-Palmolive Co., Uni-Charm Corp., Nestle SA, Total Alimentos SA, Procter & Gamble Co, Wellpet LLC, Blue Buffalo Co. Ltd, Big Heart Pet Brands, Diamond Pet Food Inc. and more 13 companies information is provided in research report

SWOT Analysis of Pet Food Ingredients Market

Strength
Surging pet population & rising cases of pet adoption
Rising pet’s health and safety concern such as nutritional requirement, & energy production

Weakness
Difficult to stabilize the pet foods naturally without using any synthetic chemicals (e.g. sorbic acid).
Delivery of Probiotics is a pending issue for pet foods. The lactic acid bacteria quickly die off on the outside of dry pet food, because of its high water activity.

Opportunity
New protein sources for pet foods such as algae meal, insect meal as well fish proteins from the human food industry pose a strong opportunity.
Usage of vegetable proteins have helped in meeting pet food nutritional demand

Threats
Government regulations such as the introduction of the Food Modernization Safety Act Threats from substitute products.

The global pet food industry is segmented based on pet type, food type, and geography. The dog segment holds the highest Market share among all other types in pet type segment, in 2017 and is expected to grow at the highest CAGR during the year 2018-2025. The reason being the adoption of dogs is comparatively higher than other pets globally.

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10079009

By-Products

Dry food
Wet/Canned food
Snacks/Treats
Nutritious Food
Others

By Application

Dog
Cat
Others

By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW (Rest of World)
*Latin America
*Middle East & Africa

Key points covered in this report:

  • The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
  • The import and export details along with consumption value and production capability of every region is mentioned in the report.
  • Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.

Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.1.1. Key Data from Secondary Research
2.1.2. Primary Research
2.1.2.1. Key Data from Primary Research
2.1.2.2. Breakdowns of Primary Interviews
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
4.6. Regulations
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Pet Food Industry by Application
6.1 Dog
6.2 Cat
6.3 Others
7. Pet Food Industry by Product
7.1 Dry food
7.2 Wet/Canned food
7.3 Snacks/Treats
7.4 Nutritious Food
7.5 Others
8 Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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