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text 2021-03-11 06:20
Pet Food Ingredients Market | Industry Analysis and Research Report

Synopsis:

With reference to the report published by the professionals the scope of the global Pet Food Ingredients Market was appreciated at US$ 39.94 billion in 2018. This is expected to reach US$ 59.45 billion by 2025 with a CAGR of 5.9% for the duration of the forecast. The developing alertness regarding the nutritious benefits of omega-3 fatty acids, dietary fiber, carotenoids, and minerals in pet nourishment appeared by way of the most important causes for the growth of the global pet food ingredient industry.

 

Drivers:

Increasing inclination of pet humanization, growing actions of acquirement and acceptance of pets, progress in delivery system, greater acceptance of enrich pet food and growth in demand for quality guaranteed and hygienic pet food are some reasons, that will boost the demand for pet food ingredients during the following years. Growing consumer awareness concerning a number of nutritious elements for pet food that performances such as a most important portion of their nourishment may possibly motivate the development of the pet food ingredients market.

 

Classification:

The global pet food ingredients industry can be classified by Ingredients, Form, Animal, Source and Region. By Ingredients, it can be classified as Antioxidants, Antimicrobials & Antibiotics, Mycotoxin Detoxifiers, Carotenoids, Vitamins, Gut Health Ingredients, Amino Acids, Minerals, Flavors & Sweeteners, Enzymes, Acidifiers, Phosphates, Mold Inhibitors, and Specialty Proteins. By Form, it can be classified as Wet Pet Food, Dry Pet Food and Mixture. By Animal, it can be classified as Fish, Cat, Bird, Dog and Others. By Source, it can be classified as Plant Derivatives, Animal Derivatives, and Additives.

 

Companies:

Some of the important companies for pet food ingredients market are: Kemin Industries, Lallemand, Inc., Diana Pet Food, DuPont Nutrition & Health, American Dehydrated Foods, Inc., AFB International, and Food Safe Technologies.

 

Additional notable companies are: Nutriara Alimentos Ltda, Procter & Gamble Co., Colgate-Palmolive Co., Agrolimen SA, Nestle S.A., Marc Inc. , John Point on & Sons Ltd., Darling Ingredients Inc., The Scoular Company, Koninklijke DSM N.V., Archer Daniels Midland Company, Omega Protien Corporation, Roquette Frères, Ingredion Incorporated, E. I. Du Pont De Nemours and Company and BASF SE.

 

Request a Free Sample Copy of Pet Food Ingredients Market Report @ https://www.millioninsights.com/industry-reports/pet-food-ingredients-market/request-sample 

 

Regional Lookout:

By Region the global pet food ingredient market can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. By way of grabbing the share of the market which was above 34% by means of revenue in 2018, the Asia Pacific appeared such as the biggest provincial market. Growing populace, increasing per head earnings and increasing inclination of humanization within the region has materialized such as the most important motivating reasons for boosting up the end user expenditure on the maintenance of buddy animals. The market is ever-changing from bulk market to exceptional products due to growing inclinations of the customer for natural produces.

 

In 2018, the North American region which was headed by Mexico, Canada and the U.S.A, arose such as the third biggest provincial market. In North America, the U.S.A appeared such as the leading market due to the existence of finely honed industry of pet food, together with greater percentage of possession of horse, cats, dogs and others. Bearing in mind the populace of fishes, cats and dogs, the nation is measured to be between the topmost five states through the world.

 

The nations like China and the U.S.A have a stable condition of demand & supply in the pet food and animal feed industry, due to which an optimistic growth is likely to be seen by the companies functioning within these markets. The pet food ingredients manufacturing companies of China have combined on a faster speed as equated to the companies of rest of the world, by means of acquirements and incorporations.

 

In 2018, Europe was responsible for closely 27% share of the market. Existence of advanced economies, greater percentage of pet possession, and the inclination of the customer to additionally expend on pet care are some of the most important motivating reasons for the development of the pet food industry. As stated by the European Pet Food Industry Federation (FEDIAF), above 80 million family circles through Europe possess, in any case, single pet. The regional market is ruled by the cat food products due to the greater possession of cat.

 

Europe is having population of decorative birds and dogs 49.8 and 84.9 million respectively in the general pet population of Europe. The existence of almost 132 manufacturing firms of pet food together with 200 manufacturing amenities marks Europe an actual competitive market for the companies of pet food ingredient.

 

For further inquiries, about - Global Pet Food Ingredients Industry Analysis, Size, Growth, Trends and Forecast 2014 - 2025, click on this link – https://www.millioninsights.com/industry-reports/pet-food-ingredients-market  

 

Market Segment:

 

Pet Food Ingredients Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
• Specialty Proteins
• Beef Proteins
• Egg Proteins
• Blended Proteins
• Hydrolyzed Proteins
• Hydrolyzed Feather
• Hydrolyzed Chicken
• Hydrolyzed Collagen
• Pork Protein
• Pork Plasma
• Pork Powder
• Fish Protein
• Salmon
• Whitefish
• Others
• Poultry Protein
• Chicken
• Others
• Ovine Proteins
• Lamb
• Others
• Cervine Proteins
• Other Animal Proteins
• Plant Proteins
• Algal Proteins
• Amino Acids
• Lysine
• Methionine
• Threonine
• Cysteine
• Others

• Mold Inhibitors

• Gut Health Ingredients
• Beta-Glucan
• Cereals
• Mushroom
• Yeasts
• Seaweed
• FOS & MOS
• Probiotics
• Prebiotics

• Phosphates
• Monocalcium
• Dicalcium
• Phospholipids
• Others (Ortho phosphates, SAPP, TSPP, etc.)

• Vitamins
• Water-soluble
• Fat-soluble

• Acidifiers
• Phosphoric Acid
• Propionic Acid
• Fumaric Acid
• Formic Acid
• Citric Acid
• Acetic Acid
• Lactic Acid
• Others

• Carotenoids
• Astaxanthin
• Beta-Carotene
• Zeaxanthine
• Lutein
• Others

• Enzymes
• Phytases
• Carbohydrases
• Proteases
• Others

• Mycotoxin Detoxifiers
• Binders
• Modifiers

• Flavors & Sweeteners
• Palatants
• Flavors
• Natural
• Poultry Flavors
• Synthetic
• 2-methyl-3-furanthiol
• Sweeteners

• Antimicrobials & Antibiotics
• Tetracycline
• Penicillin
• Others

• Minerals
• Calcium
• Potassium
• Magnesium
• Zinc
• Others

• Antioxidants

• Natural
• Rosemary
• Spearmint
• Mixed tocopherols
• Green tea extracts
• Clove
• Oregano
• Thyme
• Others

• Synthetic
• Bha
• Bht
• Ethoxyquin
• Others (TBHQ, Propyl gallate, etc.)

 

Pet Food Ingredient Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico

• Europe
• Western Europe
• Germany
• U.K.
• France
• Eastern Europe
• Russia

• Asia Pacific
• China
• Japan
• Thailand
• Australia
• South Korea
• Taiwan

• Central America

• South America
• Brazil
• Argentina
• Chile
• Colombia

• Middle East & Africa
• Turkey
• Morocco
• Saudi Arabia
• South Africa

 

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text 2021-02-08 07:22
Protein Ingredients Market Will Rise As Of Growing Domestic Demand

Global Protein Ingredients Market size is expected to reach USD 48.77 billion by 2025. Protein is a macronutrient which is essential to building blocks of the human body. It is generally found in animal product and present in the other sources such as legumes and nuts. Seafood, meat, poultry, beans, grains and dairy products are the good sources of protein. The increasing awareness amongst the consumers, especially for dietary supplements and functional foods is a main factor drive the growth of market in the coming years. The market is expected to register a CAGR of 7.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

 

There are two types of protein-based products are available such as animal proteins and plant proteins. The animal proteins consist of egg protein, whey protein concentrates, milk protein concentrates/ isolates whey protein hydrolysates, gelatin, whey protein isolates, casein / caseinates and others whereas the plant protein including wheat, soy protein concentrates, textured soy protein, soy protein isolates, pea, canola and others. The “soy protein concentrates” are the high consumed form of plant proteins ingredients and is projected to grow at the higher CAGR in the upcoming period due to it easily digestible and having greater fat retention capacity and higher nutritional level. Also, the soy concentrates are increasingly used in breakfast cereals, baked products, meat products and poultry products.

 

Request a Free Sample Copy of Protein Ingredients Market Report @ https://www.millioninsights.com/industry-reports/protein-ingredients-market/request-sample

 

Protein ingredients could be explored by application such as infant formulations, foods & beverages, personal care & cosmetics, animal feed, protein & nutritional bars, supplements & nutritional powders, pharmaceuticals, breakfast cereals, bakery & confectionery, dairy products, meat & meat products and others. The “food & beverage” industry is expected to hold the large market share in the years to come owing to the growing population, changing lifestyle of consumers and rising number of cafes & restaurants especially in the emerging countries of India and China.

 

The factors that play an important role in the growth of this market include increasing demand, growing population, increasing urbanization & industrialization, growing consumer inclination towards healthy food, rising concerns about animal nutrition & health, increasing demand for superior personal & health care products, increasing health consciousness among consumers and increasing demand for processed foods & energy drinks. Moreover, rapidly growing food & beverages industry in Asia Pacific countries including India, Malaysia, China & Indonesia and growing domestic demand for foods & beverages in emerging countries of BRICS are expected to boost the market growth in the upcoming period. In addition, the growing demand for soy proteins for food applications such as snacks, dairy products and sports nutrition will positively contribute to the growth of the protein ingredients market in the next couple of years.

 

However, fluctuating prices of protein-based products is negatively impacting the growth of protein ingredients industry. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product type, form, application and geography. The market is classified into form such as isolate, concentrate and others.

 

North America is expected to hold the large market share in the upcoming period due to increasing consumption of energy bars, snacks & cold cereals, growing demand for high nutritional products, increasing disposable income, new product development, increasing the number of health conscious population and growing food & beverage industry. Asia Pacific is projected to grow at the higher CAGR in the years to come owing to growing exports and domestic demand. The growth of cosmetics & healthcare industries in India, Japan, South Korea and China, coupled with the low manufacturing cost of protein-based products as compared to the U.S. and European countries, is expected to boost the protein ingredients market growth in the upcoming period.

 

The report “Protein Ingredients Market” is available now at https://www.millioninsights.com/industry-reports/protein-ingredients-market

 

The key players contributing to the robust development of the protein ingredients industry include DuPont, Archer Daniels Midland Company (ADM) Inc., Cargill Inc., Kewpie Corporation, Kerry Group plc, E. I. du Pont de Nemours and Company, Arla Foods, Bunge Limited, AMCO Proteins, Omega Protein Corporation, GELITA AG, Fonterra Co-operative Group Ltd., Hilmar Ingredients and CHS Inc. The major market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

 

Market Segment:

 

Protein Ingredients Type Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Plant proteins
• Animal proteins

 

Plant Protein Ingredients Product Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Wheat
• Soy protein concentrates
• Soy protein isolates
• Textured soy protein
• Pea
• Canola
• Others

 

Animal Protein Ingredients Product Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Egg protein
• Milk protein concentrates/isolates
• Whey protein concentrates
• Whey protein hydrolysates
• Whey protein isolates
• Gelatin
• Casein/Caseinates

 

Protein Ingredients Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Foods & beverages
• Infant formulations
• Personal care & cosmetics
• Animal Feed

 

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Latin America
• Brazil
• Middle East & Africa

 

To read more reports of this category, Visit our blog: https://foodandbeveragesreporters.tumblr.com

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