04 September 2019
Visiongain has launched a new food & beverage report: : Pet Food Ingredient Market Report 2019-2029 Forecasts by Ingredient (Meat & Meat Products (Deboned Meat, Meat Meal, By-Product Meal, Animal Digest), Cereals ( Corn & Oatmeal, Wheat & Wheatmeal, Barley, Rice, Fruits), Vegetables (Potatoes, Carrots, Soybean & Soybean Meal), Fats (Fish Oil, Tallow, Lard, Poultry Fat, Vegetable Oil, Additives (Vitamins & Minerals, Enzymes, Other Additives), Others), by Pet ( Dog, Cat, Fish, Others) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis
Appropriate ingredients play an important role in pet food. Commonly pet foods contain a combination of protein, carbohydrates sources, vitamins, minerals, fats and preservatives. Food ingredients enrich the body and are regulated by the U.S. Food and Drug Administration (FDA) to ensure that our pets are being fed safe and nutritious products. Correct ingredients ensure a nutritionally complete and balanced diet of domesticated animals.
North America is the largest pet food ingredient market globally and is affected by similar that affect the human food ingredient industry. For instance, health consciousness among customers has given rise to new health is driven options for pets, such as demand for natural food and organic pet food. Further, Economic condition across nations largely affects the global pet food industry. Consumers rising inclinations towards humanizing pets treating them as surrogate children are driving premiumization in the global pet food ingredient market. Companies are focussing on several opportunities to grow sales through increased segmentation, such as targeting life stages and specific breeds, driving trend shift in the global pet food ingredient market.
Some of the major companies operating in the global pet food ingredient market are BASF, ADM, DSM, Cargill, Ingredion, Roquette Frères, Sunopta, Darling Ingredients, Omega Protein Corporation, John Pointon & Sons, Dowdupont, Kemin, and Invivo.
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