The global pet food ingredients industry is estimated 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.
The ingredients employed in the production of pet foods all over the globe are a key segment in the overall pet care market as they coordinate and sustain the health of pets across the world
As the number of pet owners is on the rise, there has been a subsequent increase in the manufacture and provision of quality pet food ingredients, creating a wide range of them meant to suit various animals’ diets. Such ingredients have always included meat, grains, and vegetables, but they now have more options with the increase of meat-free proteins and health improvement additives.
The need for high-quality ingredients cannot be stressed enough because it pertains to the quality of the pet food nutrition which in turn affects the pets’ growth and energy as well. For example, without sufficient proteins, the animals will not develop muscles, vitamins and minerals will support their immunity and bones respectively.
The businesses promote certain pet food ingredient products purely based on their natural ingredients. An increased number of pet owners nowadays are more educated on the contents of pet food beyond the mere advertisement of the product.
| Attributes | Description |
|---|---|
| Estimated Global Pet Food Ingredients Industry Size (2024E) | USD 44,267.8 million |
| Projected Global Pet Food Ingredients Industry Value (2034F) | USD 71,423.8 million |
| Value-based CAGR (2024 to 2034) | 4.9% |
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The below table presents a comparative assessment of the variation in CAGR over six months for the base year (2023) and current year (2024) for the global food immunomodulators market.
This analysis reveals crucial shifts in performance and indicates revenue realization patterns, thus providing stakeholders with a better vision of the growth trajectory over the year. The first half of the year, or H1, spans from January to June. The second half, H2, includes the months from July to December.
| Particular | Value CAGR |
|---|---|
| H1 | 3.8% (2023 to 2033) |
| H2 | 4.0% (2023 to 2033) |
| H1 | 4.3% (2024 to 2034) |
| H2 | 4.5% (2024 to 2034) |
In the first half (H1) of the decade from 2024 to 2034, the business is predicted to surge at a CAGR of 3.8%, followed by a higher growth rate of 4.0% in the second half (H2) of the same decade. Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase to 4.3% in the first half and remain considerably high at 4.5% in the second half.
The Rise of Alternative Protein Sources in Pet Food: Innovations in Biotechnology and Their Impact on Sustainability and Nutrition
In the growth trends that are observed in the global market of ingredients for pet food, one of the most striking features is the shift to alternative proteins, most notably the one derived from bioengineering. As there is an increased awareness of the need to provide ethical and healthy foods for pets, radical innovations such as cultured meat and silicone protein are becoming more explored.
These are healthier proteins that can provide much-needed nutrition with the added advantage of mitigating environmental issues known to bother the industrial livestock fattening practices such as emissions and land occupations. For example, a protein obtained from insects such as crickets or mealworms is made.
It also has low levels of carbon footprint when compared to other meats. This makes it the preferable option for environmentally responsible pet owners worried about their pet’s carbon footprints. For example, the rise in alternative protein production provides an opportunity for consumers who lean towards the vegetarian feeding of pets because manufacturers look for a variety of options to provide the required nutrients to the pets.
The rise of such alternative protein sources is part of a greater strategy within the pet foods industry to enhance health and environmental friendliness which results in better and more advanced ways of providing food for pets.
Utilization of Biotechnological Progress in Pet Nutrition for the Introduction of Functional Ingredients: Improving Health and Nutrition
One of the other major trends observed in the pet food ingredients saga is the use of functional ingredients, which have been developed from other biotechnology processes. Pet foods are increasingly formulated with additional ingredients like prebiotic and probiotic bacteria and omega-3 fats to aid digestion, boost immunity, and care for the skin and the fur.
There are evaluating strains of bacteria called probiotics which are supplemented in the pets’ diet to help balance the gut microflora in the pets for proper health and nutrient absorption. Omega-3 fatty acid-rich products such as fish oils, algae supplements, etc. are notorious for their anti-inflammatory properties and ability to maintain healthy skin and fur.
These emerging innovative technologies not only enhance the quality of the ingredients used to make pet foods but also meet the growing consumer demand for such products aimed at improving the animal’s health.
Most pet parents nowadays have a greater understanding of the nutritional requirements of their pets and therefore where the incorporation of functional ingredients comes in, offers pet food manufacturers a valuable opportunity to reposition their products against competition. At present the health and wellness trend is affecting the pet food products leading to a shift in the product formulations to meet the development needs of pets at different life stages.
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Global sales increased at a CAGR of 4.0% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that expenditure on such products will rise at 4.5% CAGR.
Between 2019 and 2023, there was a notable increase in concerns regarding sustainability measures in the pet food ingredients market. These included the sourcing of various types of ingredients accompanied by a limited understanding of emerging microbial properties.
This situation has heightened awareness and demand for foods with important functions. Industry leaders such as Kemin Industries and ADM have spearheaded this movement by developing rigorously investigated microbiome solutions that are clinically validated to enhance the overall health of pets. Danone’s extensive array of products has effectively improved immune response and gut health without compromising on flavor, texture, or source integrity.
Looking ahead to the period from 2024 to 2034, this sector is anticipated to experience significant growth, driven by advancements in precision nutrition and contemporary technologies. The methodologies associated with precision nutrition are expected to optimize food ingredient technology across a range of applications for consumption of food for pets.
Furthermore, the development of enhanced microbiome solutions, aligned with technological progress that improves product stability and versatility, is likely to result in minimized waste and improved health and well-being overall.
Tier 1 Companies include ADM, Cargill Inc., DSM Nutritional Products, DuPont Nutrition & Biosciences, Evonik Industries, Kerry Group, Ingredion Incorporated, Kemin Industries, Alltech, and Darling Ingredients. They are the industry leaders leading with their innovative ingredient formulations and global industry distribution.
These companies are the leading provider of sustainable nutrition and health solutions due to the effective distribution of its products and are also referred to as the major players of the industry as they are fully established worldwide as they hold majority of the shares in this business ecosystem. All these industry leaders always lead the level of creativity, research, and development and set the trends.
Balchem Corporation, Lallemand Animal Nutrition, Tate & Lyle, Tyson Foods, Wilbur-Ellis Company, Scoular, Roquette Frères, and Omega Protein Corporation are considered as Tier 2 companies. These companies are known as the regional players as they hold adequate market coverage and are known for offering niche products. They are typically more localized and address specific issues of more general ones.
Lallemand Animal Nutrition is an example of this, which is performing well in Canada due to its cutting-edge technology producing ingredients such as probiotics, yeast-based products, and microbial-based solutions.
Tier 3 Companies include Gillco Ingredients, Saria Group, PetFlavors Inc., Vega Group, and Biorigin. These are considered as smaller players who are usually limited to the local or regional areas. They tend to service localized areas and do not possess the same level of research and development facilities as larger companies but are nonetheless helpful in satisfying local needs. These companies are smaller in size but still strong in their target industries due to their deep-seated innovations and customer service.
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The following table shows the estimated growth rates of the top three territories. China and USA are set to exhibit high consumption, recording CAGRs of 4.5% and 4.3%, respectively, through 2034.
| Countries | CAGR 2024 to 2034 |
|---|---|
| USA | 4.3% |
| China | 4.5% |
The pet food additives market is the largest in the United States and it is obvious so many factors make this market not only healthy but also growing. In the United States, close to seventy percent of households keep at least one pet; hence, the production of quality pet food is driven by the need to incorporate better ingredients than quality.
There is also a change in perception of the products by pet owners where there is going to be value for money, the aims of the corporation, and the philosophy of the product will be expected. This posed a new problem to the producers who clinical the market and had to extend a new range of goods within their products, omitting those proteins, adding APIs, and adopting natural polymers.
A healthy living campaign is probably most appealing from the point of view of people consuming this particular type of food. Nutrition of pets is very sophisticated and it all includes elements like probiotics, omega-3 fatty acids, and even superfoods, foods that have more claims such as strengthening hinge functions and enhancing skin and fur health.
Moreover, the onset of e-commerce has also added a different perspective to how markets operate, where sales of pet food and its ingredients can be able to reach every kind of consumer at every corner of the globe.
Also, the culture of pet humans in America is becoming more sustainable as far as the consumption of pet foods is concerned and several firms are embracing sustainable ways of developing their products. For instance, through supplementing insect protein and lab-grown meat that meets the nutritional aspect as well as the environmental one.
In general, the structure of the USA pet foods ingredients market can best be described as an innovative guide to healthy living, and to the changing tastes of pet owners, which guarantees the development of the market for a few more years to come.
Pet ownership is rapidly expanding across families in China, which is further driving growth in the compound ingredients for pets. In contrast to America where almost every market has an established pet ownership culture, in China, the pet market of many new owners is growing year by year. Moreover, urban cities, higher incomes, and increasing changes in lifestyles where young ones enjoy taking care of pets and feeding them well with nutrients such as food bring more pet owners into the market.
As a result of the above, educated people in China are becoming interested in the health of their pets and therefore outside quality pet food ingredients for the finished product. In addition, it has caused a dramatic rise in health-based ingredient imports such as meat, fish, and even tailored health-focused ingredient enhancers for pets.
At the same time, local producers are also responding to this need by producing new and unique recipes based on the particular needs of Chinese pets, such as using traditional Chinese medicine ingredients in their recipes.
The government of China is also intervening to influence the market by enforcing excess controls on the safety and quality of pet food, which urges consumers to seek high-quality raw materials.
| Segment | Ingredient Type |
|---|---|
| Value Share (2024) | 26.9% |
Major part of the consumers all over the world are on the search of sustainable food products containing healthier ingredients, mainly sourced from plants, for themselves and also their pets. To cater this rising demand of natural and customised solutions, manufacturers have constantly come up with incorporation of several ingredients such as prebiotics as functional food ingredients.
These mainly include fructo-oligosaccharides, mannan-oligosaccharides, and inulin. Consumption of food and feed products containing prebiotic oligosaccharides is said to enhance the gut microbial environment, helps to control the growth of pathogenic bacteria, and enhance the growth.
The gut bacteria present in the animal intestine may have negative effects, which could range from diarrhoea to absorption of carcinogenic chemicals thus hampering the metabolism of the animals. Thus when beneficial bacteria are incorporated in pet foods, these stimulate the immune function and synthesis of several micro and macronutrients. Scientific research has proved the positive effects including enhanced gastrointestinal, and reproductive function due to consumption of selective ingredient-based pet food.
| Segment | Functionality |
|---|---|
| Value Share (2024) | 34.1% |
Due to the increase in health awareness amongst pet owners, and raised concerns over pet-specific nutrition, the pet food ingredients sector has sectioned particularly based on functionality. For instance, Weight Management is an important category, for which companies such as Cargill Inc., provide high-fiber components like pregelatinized buckwheat and psyllium husk powder to provide a feeling of fullness without adding too much of calories.
Another equally important aspect is Digestive Health, which can be supported with ingredients that enhance the microbiome enhancement and absorption of ingredients. To facilitate digestive function, many companies have started the provide probiotics and prebiotics, as well as proteins that are easy to digest to ensure gut microbiome equilibrium.
The Skin & Coat Health section focuses heavily on omega-enriched elements which include fish oil and flaxseed respectively. DSM Nutritional Products supplies quality omega-3 fatty acids which are popular in pet food ingredients in making the pet's skin hydrated and the coat shinier and is also useful in dealing with skin problems and irritations.
For Joint and Bone Health, the addition of glucosamine and chondroitin in the food composition helps to preserve the active lifestyle of animals by enabling easy movement of joints while also reducing inflammation and pain usually accompanied by joint tissue damage.
Immune Health is essential in pets as well as it helps to regulate the overall body functions positively. To maintain proper body functions, companies like Cargill Inc. offer immune stimulants, including antioxidants, vitamins C and E, and herbal extracts that support the immune system.
Increased consumer awareness has led the manufacturers to offer customized solutions also known as the Specialized Diet category. This is commonly composed of grain-free and allergy-specific wafers and serves those pets who suffer from particular food intolerance or allergies.
In the specialized diet category, allergens such as wheat and soy can be avoided and can be replaced by several plant-based ingredients including carbohydrate bases such as sweet potato and peas, so that food-sensitive pets can have a proper diet without any reactions.
The functionality-driven segmentation of the pet food ingredient market corresponds with the changing pet ownership dynamics and emphasizes the evolution of the market towards the integration of health-targeted nutrition for pets. Since consumers are evolving and are becoming more selective when it comes to health-effective products, the need for innovative and functional health-related ingredients is rising thus resulting in the more promising product formulations in the pet foods sector.
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
As per ingredient type, the industry has been categorized into Starches (Maize/Corn, Tapioca, Potato, Wheat, Rice, Whole Grains, Fruits and Vegetables, and Seeds and Legumes), Dietary Fibre (Wheat, Rice, Bran, Potato, Legumes, Oats, Inulin, and Nuts and Chicory root), Fruit Ingredients (Apple, Cranberry, Blueberry, and Other Fruit Ingredients), Protein, Sugar, Fructo-Oligosaccharides, Mannan-oligosaccharide, Sorbitol, Propylene Glycol, and Glycerol.
As per animal type, the industry has been categorized into Dogs, Cats, Birds, and Others.
This segment is further categorized into Organic, and Conventional.
As per the sales channel, the industry has been categorized into Store-based retail (Hypermarkets, Supermarkets, Convenience stores, Medical stores, Specialty stores) and Online retail (Company websites, and Third party websites).
This segment is further categorized into Weight Management, Digestive Health, Skin & Coat Health, Joint & Bone Health, Immune System Support, and Specialized Diet (Grain-Free, Hypoallergenic).
Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Central Asia, Russia & Belarus and the Middle East & Africa.
The global industry is estimated at a value of USD 44,267.8 million in 2024.
Sales increased at 4.4% CAGR between 2019 and 2023.
Some of the leaders in this industry include ADM Animal Nutrition, Cargill, DSM Nutritional Products, DuPont Nutrition & Biosciences, Evonik Industries, Kerry Group, Ingredion Incorporated, Kemin Industries, Alltech, Darling Ingredients, Balchem Corporation, Lallemand Animal Nutrition, MGP Ingredients, Omega Protein Corporation, Roquette Frères, Simmons Foods, Scoular, and Tate & Lyle.
The Asian territory is projected to hold a revenue share of 24.2% over the forecast period.
The industry is projected to grow at a forecast CAGR of 4.9% from 2024 to 2034.
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