Pet Food Ingredient Market by Ingredient (Cereals, Meat & Meat Products, Vegetables, Fruits, Fats, and Additives), Source (Animal-based, Plant-based, and Synthetic), Pet (Dog, Cat, and Fish), Form (Dry and Liquid) & Region - Global Forecast to 2023

  • ID: 4535710
  • Report
  • Region: Global
  • 177 Pages
  • Markets and Markets
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FEATURED COMPANIES

  • ADM
  • Cargill
  • Dowdupont
  • Ingredion
  • John Pointon & Sons Ltd.
  • Omega Protein Corporation
  • MORE

“The pet food ingredients market is projected to grow at a CAGR of 5.4%.”

The pet food ingredients market is estimated at USD 34.96 billion in 2018, and is projected to reach a value of USD 45.44 billion by 2023, growing at a CAGR of 5.4%. The market is primarily driven by factors such as increasing pet population and pet adoption. Another growth factor can be the increasing trend of pet humanization and rising focus on improving the palatability of pet food. However, limited availability of ingredients and their price sensitivity are few factors that are expected to restrict the growth of the pet food ingredients market in the long run. Vitamins and several other pet food ingredients face challenges related to raw material availability, resulting in a price increase. This high price stands to be one of the biggest limitations for the growth in the sales of pet food ingredients.

“On the basis of the type of pet, the cat segment is projected to be the fastest-growing in the pet food ingredients market during the forecast period.”

Among the various types of pets, the cat segment is projected to grow at the highest rate. The sales of premium cat food are on the rise, and its high cost has not caused any hindrance to the growth of the cat food market. The significant focus of consumers on preventive healthcare is one of the factors driving the increasing demand for expensive, high-quality cat food from the pet food industry. These factors are contributing to the popularity of the pet food ingredients in the cat segment.

“The liquid segment is projected to grow at a higher rate for the pet food ingredients market during the forecast period.”

One of the driving factors for the increasing use of liquid pet food ingredients is the increased palatability offered by them in wet pet food. This also helps in increasing the acceptability of pet food, along with its rising application areas. Although the market size for the liquid segment is not as large as the dry segment, it has more opportunities for growth due to the multiple advantages offered.

“North America accounted for the largest market share in 2017 during the studied period.”

North America dominated the pet food ingredients market in 2017 and is projected to grow at a steady rate over the next six years. The region is characterized by matured markets for pet food ingredients such as the US. Factors such as growth in the trend of pet humanization among pet owners, availability of premium pet food, the introduction of organic pet food products, and awareness about benefits of commercially produced pet food in the North American region have led to increased demand for pet food ingredients. The US market is characterized by the established pet food industry and the largest pet population and pet ownership; these factors support the growth of the pet food ingredients market.

Break-up of Primaries:

  • By Company Type: Tier 1 - 52%, Tier 2 - 23%, and Tier 3 - 25%
  • By Designation: C-level - 45%, and D-level - 20%, and Others - 35%
  • By Region: North America - 15%, Europe - 28%, Asia Pacific - 35%, and RoW - 22%

The key players profiled in this report are as follows:

  • Archer Daniels Midland Company (US)
  • Koninklijke DSM N.V. (Netherlands)
  • Cargill, Incorporated (US)
  • BASF SE (Germany)
  • Ingredion Incorporated (US)
  • Roquette Frères (France)
  • SunOpta (Canada)
  • Darling Ingredients Inc. (US)
  • Omega Protein Corporation (US)
  • DowDuPont Inc. (US)
  • Kemin Industries, Inc. (US)
  • InVivo (France)
  • John Pointon & Sons Ltd. (UK).

Research Coverage:

The report segments the pet food ingredients market on the basis of source, ingredient, pet, form, and region. In terms of insights, this research report has focused on various levels of analyses - competitive landscape, end-use analysis, and company pro files - which together comprise and discuss the basic views on the emerging & high-growth segments of the pet food ingredients market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

  • To get a comprehensive overview of the pet food ingredients market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights about the major countries/regions, in which the pet food ingredients market is flourishing
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • ADM
  • Cargill
  • Dowdupont
  • Ingredion
  • John Pointon & Sons Ltd.
  • Omega Protein Corporation
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Pet Food Ingredients Market
4.2 Pet Food Ingredients Market: Key Country
4.3 Pet Food Ingredients Market, By Source
4.4 Developed vs Developing Markets for Pet Food Ingredients
4.5 Pet Food Ingredients Market, By Form & Region
4.6 Pet Food Ingredients Market, By Pet
4.7 North America: Pet Food Ingredients Market, By Ingredient & Country, 2017

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Pet Population and Pet Adoption
5.2.1.2 Increasing Trend of Pet Humanization
5.2.1.3 Need to Improve Palatability of Pet Food
5.2.2 Restraints
5.2.2.1 Limited Availability of Ingredients and Price Sensitivity
5.2.2.2 Stringent Rules & Regulations
5.2.3 Opportunities
5.2.3.1 Emerging Regional Markets
5.2.3.2 Shift in Focus Toward Premium Pet Foods and Novel Pet Food Ingredients
5.2.4 Challenges
5.2.4.1 Presence of Counterfeit Products
5.3 Regulations for Pet Food Ingredients
5.3.1 Pet Food Ingredient Regulations in Canada
5.3.2 Pet Food Ingredient Regulations in the Us
5.3.3 Pet Food Ingredient Regulations in Europe
5.3.4 Pet Food Ingredient Regulations in Japan
5.4 Introduction
5.5 Value Chain Analysis
5.6 Supply Chain Analysis

6 Pet Food Ingredients Market, By Ingredient
6.1 Introduction
6.2 Meat & Meat Products
6.2.1 Deboned Meat
6.2.2 Meat Meal
6.2.3 By-Product Meal
6.2.4 Animal Digest
6.3 Cereals
6.3.1 Corn & Cornmeal
6.3.2 Wheat & Wheatmeal
6.3.3 Barley
6.3.4 Rice
6.3.5 Fruits
6.4 Vegetables
6.4.1 Potatoes
6.4.2 Carrots
6.4.3 Soybean & Soybean Meal
6.5 Fats
6.5.1 Fish Oil
6.5.2 Tallow
6.5.3 Lard
6.5.4 Poultry Fat
6.5.5 Vegetable Oil
6.6 Additives
6.6.1 Vitamins & Minerals
6.6.2 Enzymes
6.6.3 Other Additives

7 Pet Food Ingredients Market, By Pet
7.1 Introduction
7.2 Dog
7.3 Cat
7.4 Fish
7.5 Others

8 Pet Food Ingredients Market, By Form
8.1 Introduction
8.2 Dry Ingredients
8.3 Liquid Ingredients

9 Pet Food Ingredients Market, By Source
9.1 Introduction
9.2 Animal-Based
9.3 Plant-Based
9.4 Synthetic

10 Pet Food Ingredients Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 Italy
10.3.4 Russia
10.3.5 France
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Australia & New Zealand
10.4.3 India
10.4.4 Japan
10.4.5 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South America
10.6 Rest of the World (RoW)
10.6.1 Middle East
10.6.2 Africa

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.2.1 Key Market Strategies
11.3 Competitive Scenario
11.3.1 Expansions & Investments
11.3.2 Mergers & Acquisitions
11.3.3 New Product Launches
11.3.4 Agreements, Joint Ventures, Collaborations & Partnerships

12 Company Profiles
12.1 BASF
12.2 ADM
12.3 DSM
12.4 Cargill
12.5 Ingredion
12.6 Roquette Frères
12.7 Sunopta
12.8 Darling Ingredients
12.9 Omega Protein Corporation
12.10 John Pointon & Sons Ltd.
12.11 Dowdupont
12.12 Kemin
12.13 Invivo

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables:
Table 1 US Dollar Exchange Rate Considered for Study, 2014–2017
Table 2 Pet Food Ingredients Market Size, By Ingredient, 2016–2023 (USD Million)
Table 3 Meat & Meat Products: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 4 Deboned Meat: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 5 Meat Meal: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 6 By-Product Meal: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 7 Animal Digest: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 8 Cereals: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 9 Corn & Cornmeal: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 10 Wheat & Wheatmeal: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 11 Barley: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 12 Rice: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 13 Fruits: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 14 Vegetables: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 15 Potatoes: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 16 Carrots: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 17 Soybean & Soybean Meal: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 18 Fats: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 19 Fish Oil: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 20 Tallow : Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 21 Lard: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 22 Poultry Fat : Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 23 Vegetable Oil: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 24 Additives: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 25 Vitamins & Minerals: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 26 Enzymes: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 27 Other Additives: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 28 Pet Food Ingredients Market Size, By Pet, 2016–2023 (USD Million)
Table 29 Dog: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 30 Cat: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 31 Fish: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 32 Others: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 33 Pet Food Ingredients Market Size, By Form, 2016–2023 (USD Million)
Table 34 Dry: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 35 Liquid: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 36 Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 37 Animal-Based: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 38 Plant-Based: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 39 Synthetic: Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 40 Pet Food Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 41 Pet Food Ingredients Market Size, By Region, 2016–2023 (KT)
Table 42 North America: Pet Food Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 43 North America: Pet Food Ingredients Market Size, By Country, 2016–2023 (KT)
Table 44 North America: Pet Food Ingredients Market Size, By Ingredient, 2016–2023 (USD Million)
Table 45 North America: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 46 North America: Pet Food Ingredients Market Size, By Pet, 2016–2023 (USD Million)
Table 47 North America: Pet Food Ingredients Market Size, By Form, 2016–2023 (USD Million)
Table 48 US: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 49 Canada: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 50 Mexico: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 51 Europe: Pet Food Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 52 Europe: Pet Food Ingredients Market Size, By Country, 2016–2023 (KT)
Table 53 Europe: Pet Food Ingredients Market Size, By Ingredient, 2016–2023 (USD Million)
Table 54 Europe: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 55 Europe: Pet Food Ingredients Market Size, By Pet, 2016–2023 (USD Million)
Table 56 Europe: Pet Food Ingredients Market Size, By Form, 2016–2023 (USD Million)
Table 57 UK: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 58 Germany: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 59 Italy: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 60 Russia: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 61 France: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 62 Rest of Europe: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 63 Asia Pacific: Pet Food Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 64 Asia Pacific: Pet Food Ingredients Market Size, By Country, 2016–2023 (KT)
Table 65 Asia Pacific: Pet Food Ingredients Market Size, By Ingredient, 2016–2023 (USD Million)
Table 66 Asia Pacific: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 67 Asia Pacific: Pet Food Ingredients Market Size, By Pet, 2016–2023 (USD Million)
Table 68 Asia Pacific: Pet Food Ingredients Market Size, By Form, 2016–2023 (USD Million)
Table 69 China: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 70 Australia & New Zealand: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 71 India: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 72 Japan: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 73 Rest of Asia Pacific: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 74 South America: Pet Food Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 75 South America: Pet Food Ingredients Market Size, By Country, 2016–2023 (KT)
Table 76 South America: Pet Food Ingredients Market Size, By Ingredient, 2016–2023 (USD Million)
Table 77 South America: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 78 South America: Pet Food Ingredients Market Size, By Pet, 2016–2023 (USD Million)
Table 79 South America: Pet Food Ingredients Market Size, By Form, 2016–2023 (USD Million)
Table 80 Brazil: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 81 Argentina: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 82 Rest of South America: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 83 RoW: Pet Food Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 84 RoW: Pet Food Ingredients Market Size, By Country, 2016–2023 (KT)
Table 85 RoW: Pet Food Ingredients Market Size, By Ingredient, 2016–2023 (USD Million)
Table 86 RoW: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 87 RoW: Pet Food Ingredients Market Size, By Pet, 2016–2023 (USD Million)
Table 88 RoW: Pet Food Ingredients Market Size, By Form, 2016–2023 (USD Million)
Table 89 Middle East: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 90 Africa: Pet Food Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 91 Top Five Companies in the Pet Food Ingredients Market, 2016
Table 92 Expansions & Investments, 2015–2017
Table 93 Mergers & Acquisitions, 2013–2017
Table 94 New Product Launches, 2013–2017
Table 95 Agreements, Joint Ventures, Collaborations & Partnerships, 2012–2018

List of Figures:
Figure 1 Pet Food Ingredients Market Segmentation
Figure 2 Regional Segmentation
Figure 3 Pet Food Ingredients: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Pet Food Ingredients Market Size, By Region, 2017 vs 2023 (USD Billion)
Figure 9 Pet Food Ingredients Market Size, By Form, 2017 vs 2023 (USD Billion)
Figure 10 Pet Food Ingredients Market Share (Value), By Source, 2017 vs 2023
Figure 11 Dog Food to Be the Most Attractive Market for the Application of Pet Food Ingredients, 2017 vs 2023
Figure 12 Asia Pacific is Projected to Register the Highest Growth Rate in the Pet Food Ingredients Market, 2018–2023
Figure 13 Emerging Countries to Drive the Growth of the Pet Food Ingredients Market
Figure 14 China to Be the Fastest-Growing Country in the Pet Food Ingredients Market Through 2023
Figure 15 Animal-Based and Plant-Based Ingredients to Dominate the Market, 2017
Figure 16 Developing Countries to Emerge at Higher Growth Rates During the Forecast Period
Figure 17 North America Dominated Markets for Both the Forms of Pet Food Ingredients in 2017
Figure 18 Dog Segment Projected to Be the Largest By 2023
Figure 19 US Accounted for the Largest Share in 2017
Figure 20 Market Dynamics: Pet Food Ingredients Market
Figure 21 Increase in Percentage of Pet Owners Giving Treats to Their Pets, in the US (2012–2016)
Figure 22 Percentage Household Owning (At Least One) Cat/Dog (2014)
Figure 23 Total US Pet Industry Expenditures
Figure 24 Value Chain Analysis of Pet Food Ingredients Industry
Figure 25 Supply Chain Analysis of Pet Food Ingredients Industry
Figure 26 Pet Food Ingredients Market Share, By Ingredient, (USD Million), 2017
Figure 27 Pet Food Ingredients Market Share (Value), By Pet, 2017
Figure 28 Pet Food Ingredients Market Share (Value), By Form, 2017
Figure 29 Geographic Snapshot (2018–2023): Rapidly Growing Markets are Emerging as New Hotspots
Figure 30 North America: Market Snapshot
Figure 31 Asia Pacific: Market Snapshot
Figure 32 Key Developments of the Leading Players in the Pet Food Ingredients Market Between 2012 & 2018
Figure 33 Pet Food Ingredients Market Developments, By Growth Strategy, 2012–2018
Figure 34 BASF: Company Snapshot
Figure 35 BASF: SWOT Analysis
Figure 36 ADM: Company Snapshot
Figure 37 ADM: SWOT Analysis
Figure 38 DSM: Company Snapshot
Figure 39 DSM: SWOT Analysis
Figure 40 Cargill: Company Snapshot
Figure 41 Cargill: SWOT Analysis
Figure 42 Ingredion: Company Snapshot
Figure 43 Ingredion: SWOT Analysis
Figure 44 Sunopta: Company Snapshot
Figure 45 Darling Ingredients: Company Snapshot
Figure 46 Omega Protein Corporation: Company Snapshot
Figure 47 Invivo: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ADM
  • Cargill
  • Dowdupont
  • Ingredion
  • John Pointon & Sons Ltd.
  • Omega Protein Corporation
  • MORE

The global pet food ingredients market is estimated at USD 34.96 Billion in 2018, and is projected to reach a value of USD 45.44 Billion by 2023, growing at a CAGR of 5.4%. The market is primarily driven by factors such as increasing pet population and rising trend of pet humanization.

On the basis of the ingredient, the market has been segmented into cereals, meat & meat products, vegetables, fruits, fats, and additives. The meat & meat products segment accounted for the largest share, followed by the cereals segment, in 2017. Meat & meat products are obtained at a relatively lower cost, as the majority of these ingredients are byproducts of food products manufactured for human consumption. Thus, it serves as an economical solution for the pet food manufacturers. Along with being cost-effective, meat & meat products enhance the palatability and acceptability of pet food.

According to the type of pet that would require feeding, the pet food ingredients market is segmented into dog, cat, fish, and others (which includes rabbits, birds, and horses). The dog segment accounted for the largest market share in 2017. The growing demand for premium dog food products from developed as well as developing regions is one of the driving factors for the significant share of the dog segment in the pet food ingredients market. Growing concerns about pet health and the rising cognizance about the benefits of commercially manufactured dog food have led to tremendous growth in this market, globally.

On the basis of form, the dry segment accounted for a larger market share in 2017, followed by the liquid segment. The dry form is more widely used in pet food products, and their popularity can be attributed to their cost-effective nature and low moisture content, which facilitates convenient handling during processing and storage. Due to these factors, the market for the dry form of pet food ingredients accounted for the largest share.

Note: Product cover images may vary from those shown
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  • BASF
  • ADM
  • DSM
  • Cargill
  • Ingredion
  • Roquette Frères
  • Sunopta
  • Darling Ingredients
  • Omega Protein Corporation
  • John Pointon & Sons Ltd.
  • Dowdupont
  • Kemin
  • Invivo
Note: Product cover images may vary from those shown
6 of 4
Note: Product cover images may vary from those shown
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