The grape seed extract in the pet food application market is registering a valuation of USD 43 million in 2023. The demand is expected to rise to USD 73.7 million by 2033. The market is likely to secure a CAGR of 6% during the forecast period.
Growing Preservation of Pet Food Driving the Market Growth
The use of grape seed extract in pet food has gained popularity due to its potential health benefits for pets. A few of the driving factors in the grape seed extract in the pet food application market include
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While using grape seed extract in pet food has many potential benefits. On the flip side, it also has several factors could potentially restrain the growth of this market, including
| Attributes | Details |
|---|---|
| Market CAGR (2023 to 2033) | 6% |
| Market Valuation (2023) | USD 43 million |
| Market Valuation (2033) | USD 73.7 million |
The market has grown steadily, driven by increasing demand for natural and healthy pet food ingredients. According to Future Market Insights, the market was valued at USD 37.8 billion in 2018 and is estimated to reach USD 73.7 million by 2033. Pet food manufacturers incorporate grape seed extract into their products to grow the market in the coming years.
The market secured a CAGR of 2.3% between 2018 and 2022 and is estimated to capture a CAGR of 6% by 2033.
Based on nature, organic grape seed extract dominates the global market by securing a CAGR of 26.1% by 2033. The organic grape seed extract is produced without synthetic pesticides or fertilizers and is grown as per organic farming standards.
Organic pet food manufacturers are increasingly seeking organic ingredients for their products. The manufacturers focus on high-quality, sustainably sourced ingredients like organic grape seed extract. It further drives demand for organic pet food.
The dog category dominates the global market based on animal type by securing a CAGR of 40.3% by 2033. Increasing demand for premium and organic dog food and growing awareness about the health benefits of high-quality dog food.
The grape seed extract provides potential pet health benefits, including its antioxidant and anti-inflammatory properties. Dog food manufacturers incorporate ingredients into their products to appeal to health-conscious pet owners.
Dry food is a popular choice among pet owners due to its convenience and long shelf life compared to other types of pet food. According to a report by Future Market Insights, the global dry pet food market size was valued at USD 17.9 billion in 2020. This growth is driven by increasing demand for convenient and affordable pet food options, particularly in emerging markets.
The popularity of dry food and the increasing demand for natural and healthy ingredients fuel the market size. Manufacturers are incorporating grape seed extract to appeal to health-conscious pet owners. However, it is also possible that grape seed extract is used in other types of pet food, such as wet food, treats, and supplements. The dry food category is estimated to secure a CAGR of 32.7% by 2033.
The United States is one of the critical markets for grape seed extract in pet food applications, along with Europe and Asia Pacific. The growing trend of natural and organic pet food ingredients and increasing awareness among pet owners drive the United States' grape seed extract in pet food application.
During the forecast period, the United States secured a CAGR of 23.8% in the global market. The pet food industry is a massive and growing market, driven by increasing pet ownership and a focus on pet health and wellness in the country. However, it is worth noting that the regulatory environment for pet food ingredients in the United States is complex, with various state regulations.
The government is focusing on the safety and labeling of pet food products. It could impact the growth and development of the United States market.
The United Kingdom is estimated to capture a CAGR of 6.4% in the global market by 2033. A grape seed extract has become increasingly popular because it supports immune system function, reduces inflammation, and promotes healthy skin and coat.
The United Kingdom is a significant market for pet food applications, and many pet food manufacturers are incorporating grape seed extract into their products. They are growing steadily, with many pet owners looking for high-quality, nutritious food options.
A few of the key factors driving the United Kingdom grape seed extract in the pet food application market are
China is a significant market for pet food applications, and grape seed extract has become increasingly popular as an ingredient in pet food products. During the forecast period, China is to secure a CAGR of 7.1% in the global market by 2033.
A few of the factors driving China's grape seed extract in the pet food application market include
India is one of the significant markets in the global market, capturing a CAGR of 8.9% by 2033. A few of the key factors driving the growth of grape seed extract in the pet food application market in India include
As the pet population in India grows, the demand for high-quality pet food products is also increasing. Pet owners in India are becoming more aware of the health benefits of natural ingredients. Consumers in India are becoming health-conscious, not just for themselves but also for their pets. It has led to an increased demand for natural and organic pet food products that help advance pet health.
The pet food industry in India is expanding significantly, with surging domestic and international players entering the market. It has led to great competition and innovation, with manufacturers looking for new, unique ingredients to differentiate their products.
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The market is becoming increasingly competitive as more pet food manufacturers incorporate this ingredient into their products. A few of the key players in the market include
Recent Developments in the Grape Seed Extract in Pet Food Application Market
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD billion for Value |
| Key Countries Covered | The United States, Canada, Germany, The United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Türkiye, Northern Africa, and South Africa |
| Key Segments Covered | Product Type, Animal Type, Nature, Region |
| Key Companies Profiled | NutriScience Innovations LLC; Kemin Industries, Inc.; Nexira; Martin Bauer Group; Naturex; Indena S.p.A.; BI Nutraceuticals; Sabinsa Corporation; Swanson Health Products; NOW Health Group, Inc.; Blue Buffalo Co., Ltd.; Hill's Pet Nutrition, Inc.; Mars Petcare Inc.; Nestlé Purina PetCare; Royal Canin |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is expected to reach USD 43 million in 2023.
NutriScience Innovations LLC, Kemin Industries, and Nexira are key players.
The market will reach USD 73.7 billion by 2033.
Organic grape seed extract is expected to grow at a 26.1% CAGR by 2033.
India, Japan, and China dominate the market.
| Estimated Market Size (2024E) | USD 46.5 billion |
|---|---|
| Projected Market Value (2034F) | USD 81 billion |
| Value-based CAGR (2024 to 2034) | 5.7% |
| Market Size Value in 2022 | USD 90.4 Million |
|---|---|
| Market Forecast Value in 2032 | USD 158.8 Million |
| Growth Rate (2022 to 2032) | 5.8% |
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Grape Seed Extract in Pet Food Application Market
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