Increase pet ownership in developing economies for the benefit of the global market

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DUBLIN, September 16, 2021 / PRNewswire / – The “Growth Opportunities of the Global Pet Food Ingredients Market, 2021” report was added to ResearchAndMarkets.com offer.

This study primarily focuses on assessing the growth opportunities of the pet food ingredients market with respect to ingredients such as probiotics, prebiotics, health ingredients (glucosamine, chondroitin, melatonin, omega fatty acids). -3), and others (vitamins, organic acids, bio trace elements, enzymes).

The main driver of the global pet food ingredients market is the humanization trend of pets, which is driving the demand for premium quality pet food. The growing awareness of pet owners towards joint health, immunity and digestive health, skin health and general well-being of their pets is driving the demand for functional and specialized ingredients, such as probiotics, prebiotics, glucosamine, chondroitin, melatonin, omega-3 fatty acids, and others.

By application, the scope of the study includes dogs, cats and other pets (ornamental birds, small mammals, aquarium and reptiles). Dog food dominates the global pet food ingredients market due to higher levels of incorporation than food for cats and other types of pets.

North America dominates the global pet food ingredients market due to its high pet population and high spending capacity. However, the increase in animal ownership in Asia Pacific and Latin America Due to the increase in disposable income per capita and the humanization of pets, the markets in these regions are expected to experience the fastest growth during the forecast period.

Impact of COVID-19

The impact of the COVID-19 pandemic has been taken into account in this analysis. Developed economies, such as North America and Europe, has seen an increase in pet adoption in 2020 to combat loneliness amid lockdown measures. This, in turn, has boosted the demand for premium pet food and resulted in an increase in the demand for pet food ingredients.

Conversely, some countries of Asia Pacific, such as China, Malaysia, and Singapore, Latin America, and the Middle East and Africa has seen an increase in cases of pet abandonment, which has affected the growth of the pet food ingredients market in these regions.

Main topics covered:

1. Strategic imperatives

  • Why is it harder and harder to grow taller?
  • The strategic imperative
  • The impact of the top three strategic imperatives on the pet food ingredients industry
  • Growth opportunities fuel the growth pipeline engine

2. Analysis of Growth Opportunities, Pet Food Ingredients Market

  • Pet Food Ingredients Market, Scope of Analysis
  • Executive Summary, Pet Food Ingredients Market
  • Market segmentation
  • Market definition
  • Key Competitors in the Pet Food Ingredients Market
  • Forecast Assumptions, Pet Food Ingredients Market
  • Value chain, pet food ingredients market
  • Value Chain Analysis, Pet Food Ingredients Market
  • Pet Demographics, Pet Food Ingredients Market
  • Effect of COVID-19 on the Global Pet Food Industry
  • Key Growth Indicators For The Pet Food Ingredients Market
  • Revenue Forecast, Pet Food Ingredients Market
  • Unit Shipment Forecast, Pet Food Ingredients Market
  • Forecast Analysis of Revenue and Unit Shipments, Pet Food Ingredients Market
  • Revenue Forecast by Ingredient, Pet Food Ingredients Market
  • Unit Shipping Forecast by Ingredient, Pet Food Ingredients Market
  • Forecast Analysis of Revenue and Unit Shipments by Ingredients, Pet Food Ingredients Market
  • Revenue Forecast by Application, Pet Food Ingredients Market
  • Unit Shipment Forecast by Application, Pet Food Ingredients Market
  • Revenue and Unit Shipment Forecast Analysis by Application, Pet Food Ingredients Market
  • Revenue Forecast by Region, Pet Food Ingredients Market
  • Unit Shipment Forecast by Region, Pet Food Ingredients Market
  • Forecast Analysis of Revenue and Unit Shipments by Regions, Pet Ingredients Market
  • Amino Acids Market Outlook in the Pet Food Industry
  • Market Trends, Pet Food Ingredients Market
  • Competitive environment, pet food ingredients market
  • Competitive Landscape Analysis, Pet Food Ingredients Market
  • Major Mergers and Acquisitions by Pet Food Formulators, Pet Food Ingredients Market
  • Recent Product Launches By Pet Food Formulators, Pet Food Ingredients Market

3. Analysis of growth opportunities, probiotics

  • Key growth indicators for probiotics
  • Revenue Forecast, Probiotics
  • Revenue Forecast by Application, Probiotics
  • Revenue Forecast by Region, Probiotics
  • Revenue Forecast Analysis, Probiotics
  • Revenue forecast by species, probiotics
  • Revenue forecast analysis by species, probiotics
  • Market Activities, Probiotics (2018 and 2020)
  • Patents / Technological Updates – Probiotics

4. Analysis of growth opportunities, prebiotics

5. Analysis of growth opportunities, health ingredients

6. Analysis of growth opportunities, Other segment

7. Universe of Growth Opportunities, Pet Food Ingredients Market

  • Growth Opportunity 1 – Rising demand for premium quality pet food is expected to drive the growth of the pet food ingredients market, 2021-2026
  • Growth opportunity 2 – Increase in pet ownership in emerging economies of Asia Pacific Expected to drive the growth of the global pet food ingredients market, 2021-2026
  • Growth Opportunity 3 – Adoption of Microencapsulation Technology Expected to Drive Growth in Probiotics Market, 2021-2026

8. Next steps

For more information on this report, visit https://www.researchandmarkets.com/r/54k434

Media contact:

Research and markets
Laura Wood, senior
[email protected]

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SOURCE Research and Markets

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