Pet Food Ingredients Market by Ingredient (Additives, Cereals, Fats, Fruits & Vegetables and Meat & Meat Products), Pet (Dogs, Cats, Fish and Other Pets), Form, Nature, Source and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

Pet Food Ingredients Market Size
The global pet food ingredients market size was valued at $34.71 billion in 2024 and is projected to reach $55.39 billion by 2030, growing at a CAGR of 8.1% during the forecast period.

Pet Food Ingredients Market Overview
Pet food ingredients refer to the various components used in the formulation and production of pet food products. These ingredients encompass a wide range of materials, including proteins, carbohydrates, fats, vitamins, minerals, and additives, among others. Protein sources commonly used in pet food include meat, poultry, fish, and plant-based proteins like soy and pea protein. Carbohydrates such as grains, vegetables, and fruits are often included for energy and fiber content. Fats are sourced from animal fats, vegetable oils, and fish oils to provide essential fatty acids and enhance palatability. Vitamins and minerals are added to ensure complete and balanced nutrition for pets. Additionally, various additives like preservatives, flavor enhancers, and colorants may be incorporated to improve the taste, appearance, and shelf-life of pet food products. 

Pet Food Ingredients Market Dynamics
• The pet food ingredients market has a promising growth potential due to several factors which includes increasing pet ownership, growing demand for natural and organic pet food ingredients, and rising awareness about pet health and nutrition.
• Additionally, the expansion of the pet food industry into emerging markets, technological advancements in pet food ingredient, and development of functional and specialized pet food ingredients are the prominent factors driving the growth of the pet food ingredients market.
• However, the stringent regulations and standards for pet food ingredients, concerns regarding food safety and product recalls, and fluctuations in raw material prices and supply chain disruptions are restraining the market growth.
• On the contrary, the innovation in plant-based and alternative protein sources, expansion of premium and specialty pet food segments, and strategic partnerships and collaborations in the pet food industry are creating opportunities for market growth.
  
By Ingredient, the Cereals segment is Projected to Show Strong Presence in the Global Market
The cereals segment is expected to demonstrate significant prominence in the global market during the forecast period due to they serve as a key source of carbohydrates, fiber, and essential nutrients in pet diets, providing energy and promoting digestive health. With the increasing awareness of pet nutrition and the desire to offer balanced and wholesome meals to pets, there is a growing demand for pet foods that incorporate cereals as a primary ingredient. Cereals such as rice, corn, wheat, and barley are widely used in pet food formulations due to their nutritional value, palatability, and affordability. Additionally, cereals offer versatility in pet food manufacturing, allowing for the creation of various textures and forms, including kibbles, biscuits, and treats. Moreover, the cereals segment aligns with consumer preferences for natural and whole-food ingredients, as many cereals used in pet foods are minimally processed and retain their natural nutrients. As pet owners seek transparency and traceability in pet food ingredients, the cereals segment provides an opportunity to meet these demands by offering recognizable and familiar ingredients derived from grains.

By Geography, North America Lead the Market
North America held the larger market share, and it would continue on this path during the forecast period due to the pet ownership rates are high in the region, with a large number of households considering pets as integral members of their families.
• According to the Canadian Animal Health Institute reports that Canada is home to 8.3 million cats and 8.3 million of dogs. In the region, the pet food industry's growth is primarily propelled by premiumization and product diversification.

This cultural inclination towards pet companionship drives the demand for high-quality pet food products, leading to a corresponding need for a diverse range of ingredients to meet varying nutritional requirements.

Additionally, there is a growing trend towards premiumization in the pet food industry, with pet owners increasingly seeking natural, organic, and premium-quality ingredients for their pets' diets. This trend aligns with the broader consumer shift towards health and wellness, where pet owners prioritize nutrition and well-being for their animal companions. Furthermore, stringent regulatory standards and quality control measures in North America ensure the safety and quality of pet food products, instilling confidence among consumers and driving the demand for reliable and reputable suppliers of pet food ingredients.

Key Target Audience: 
• Pet Food Manufacturers
• Pet Food Ingredient Suppliers
• Retailers And Distributors
• Pet Owners/Consumers

List of the Key Players Profiled in the Report Includes: 
• BASF SE 
• Darling Ingredients Inc 
• Cargill, Incorporated 
• Ingredion 
• DSM  
• Omega Protein Corporation 
• ADM 
• Kemin Industries, Inc 
• Chr. Hansen Holding A/S 
• Roquette Frères 
• The Scoular Company 
• Symrise 

Recent Developments:
• In September 2023, Symrise has opened a pilot plant for dry pet food in Elven, France. This facility features an R&D unit focused on comprehending the production process of dry pet food, assessing palatability performance, and conducting laboratory studies.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Ingredient:
• Meat & Meat Products
• Cereals
• Fruits & Vegetables
• Fats
• Additives
 
Market by, Pet: 
• Dogs
• Cats
• Fish 
• Other Pets

Market by, Form:
• Dry
• Wet

Market by, Nature: 
• Organic
• Inorganic
 
Market by, Source:
• Taste Masking
• Animal-Based
• Plant Derivatives
• Synthetic

Market by, Geography:
The pet food ingredients market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:
The report “Pet Food Ingredients Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.

Table Of Content

1 Market Introduction            
    1.1 Market Definition         
    1.2 Research Scope and Segmentation       
    1.3 Stakeholders         
    1.4 List of Abbreviations        
               
2 Executive Summary             
               
3 Research Methodology            
    3.1 Identification of Data        
    3.2 Data Analysis         
    3.3 Verification         
    3.4 Data Sources         
    3.5 Assumptions         
               
4 Market Dynamics             
    4.1 Market Drivers         
    4.2 Market Restraints         
    4.3 Market Opportunities        
    4.4 Market Challenges                        
               
5 Porter's Five Force Analysis            
    5.1 Bargaining Power of Suppliers        
    5.2 Bargaining Power of Buyers        
    5.3 Threat of New Entrants        
    5.4 Threat of Substitutes        
    5.5 Competitive Rivalry in the Market       
               
6 Global Pet Food Ingredients Market by, Ingredient          
    6.1 Overview         
    6.2 Additives          
    6.3 Cereals          
    6.4 Fats          
    6.5 Fruits & Vegetables         
    6.6 Meat & Meat Products        
               
7 Global Pet Food Ingredients Market by, Pet          
    7.1 Overview         
    7.2 Dogs          
    7.3 Cats          
    7.4 Fish          
    7.5 Other Pets         
               
8 Global Pet Food Ingredients Market by, Form          
    8.1 Overview         
    8.2 Dry          
    8.3 Wet          
               
9 Global Pet Food Ingredients Market by, Nature          
    9.1 Overview         
    9.2 Organic          
    9.3 Inorganic          
               
10 Global Pet Food Ingredients Market by, Source          
    10.1 Overview         
    10.2 Taste Masking         
    10.3 Animal-Based         
    10.4 Plant Derivatives         
    10.5 Synthetic          
               
11 Global Pet Food Ingredients Market by, Geography          
    11.1 Overview         
    11.2 North America         
             11.2.1 US 
             11.2.2 Canada 
             11.2.3 Mexico 
    11.3 Europe          
             11.3.1 Germany 
             11.3.2 France 
             11.3.3 UK 
             11.3.4 Italy 
             11.3.5 Spain 
             11.3.6 Rest of Europe
    11.4 Asia Pacific         
             11.4.1 China 
             11.4.2 Japan 
             11.4.3 India 
             11.4.4 South Korea
             11.4.5 Australia 
             11.4.6 New Zealand
             11.4.7 Rest of Asia Pacific
    11.5 South America         
             11.5.1 Brazil 
             11.5.2 Argentina
             11.5.3 Chile 
             11.5.4 Rest of South America
    11.6 Middle East & Africa        
             11.6.1 UAE 
             11.6.2 Saudi Arabia
             11.6.3 Qatar 
             11.6.4 Iran 
             11.6.5 South Africa
             11.6.6 Rest of Middle East & Africa
               
12 Key Developments             
               
13 Company Profiling             
    13.1 BASF SE           
             13.1.1 Business Overview
             13.1.2 Product/Service Offering
             13.1.3 Financial Overview
             13.1.4 SWOT Analysis
             13.1.5 Key Activities
    13.2 Darling Ingredients Inc         
    13.3 Cargill, Incorporated         
    13.4 Ingredion          
    13.5 DSM           
    13.6 Omega Protein Corporation         
    13.7 ADM           
    13.8 Kemin Industries, Inc         
    13.9 Chr. Hansen Holding A/S         
    13.10 Roquette Frères          
    13.11 The Scoular Company         
    13.12 Symrise