2. Why the Krill for Pet Food Market Is Booming: Key Insights
The global krill for pet food market was valued at about US$ 410.2 million in 2022. It is expected to more than double to US$ 1,001.2 million by 2031. This represents a CAGR of approximately 11.8% during the forecast period from 2024 to 2031. Changing pet owner preferences favor premium, natural, and nutrient-rich ingredients. This trend is bringing krill to the forefront. Krill is valued for...
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