The Global Pet Food Ingredients Market was valued at USD 54.2 billion in 2022 and is projected to reach USD 85.1 billion by 2031, with a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2024 to 2031.
Pet food ingredients refer to the various components used in the formulation of pet food products. These ingredients include proteins, carbohydrates, fats, vitamins, minerals, and additives that provide essential nutrients and enhance the taste, texture, and shelf life of the food. Common pet food ingredients include meat, grains, vegetables, and specialized supplements. They are selected based on their nutritional value and suitability for pets' dietary needs, ensuring a balanced and healthy diet for animals.
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Pet Food Ingredients Market Size
The growing global adoption of pets and the trend towards pet humanization, accelerated by the work-from-home shift, are significantly boosting the demand for pet food ingredients. As pet owners spend more time with their pets, they increasingly prioritize their pets' nutritional needs, seeking out food options that avoid harmful pesticides, artificial colors, preservatives, and synthetic hormones. This shift has led to a rising preference for organic and natural pet foods. Manufacturers are responding by offering a diverse range of products, including plant-based proteins, grain-free ingredients, and novel protein sources. For example, Kroger provides vegetarian and high-protein pet diets that are all-natural, reflecting the market's evolving demands.
Market Segmentation:
By Ingredient Type:
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Meat & Meat Products
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Vegetables
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Fruits
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Cereals
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Fats & Oils
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Additives
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Others
By Source Type:
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Animal-based
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Plant-based
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Synthetic
By Pet:
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Dog
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Cat
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Fish
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Others
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Key Players:
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Archer Daniels Midland Company
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Koninklijke DSM N.V
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J.M Smucker
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BASF SE
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Ingredion Incorporated
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Roquette Freres
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SunOpta
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Darling Ingredients Inc
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Cargill Inc
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DowDuPont Inc
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