Precision Business Insights has published a report on the global pet food ingredients market, estimating its value at USD 65.2 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/pet-food-ingredients-market 

The Pet Food Ingredients Market refers to the industry focused on the production and supply of raw materials used in pet food formulations. These ingredients include proteins, carbohydrates, fats, vitamins, and minerals, sourced from both plant and animal origins, designed to meet the nutritional needs of various pets

Drivers:

• Rising Pet Ownership: The increasing number of pet owners globally is driving demand for high-quality pet food4.
• Premiumization Trend: Pet owners are investing in premium and specialty pet foods with innovative and natural ingredients

The global pet food ingredients market segmentation:

1. By Pet: Dog, Cat, Fish, Others (rabbits, birds, and horses)
2. By Ingredients: Cereals, Vegetables & Fruits, Fats, Meat and Meat Products, Additives
3. By Source: Synthetic, Plant-based, Animal-Based
4. By Form: Dry, Wet

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Regional Overview:

The report also examines the current concerns and their Future Effects on the pet food ingredients market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the pet food ingredients market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like BASF SE, Bluestar Adisseo Company, Darling Ingredients, Ingredion Incorporated, Omega Protein Corporation, Archer Daniels Midland Company, Cargill, Dowdupont, Hansen, Roquette Frères, SunOpta, Lallemand, Lesaffre Group

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