The Pet Food Ingredients Market has been segmented by ingredients into meat & meat products, cereals, vegetables, fats, and additives. Meat & meat products segment generate the most revenue in the market owing to the enhanced palatability and acceptability of meat-based pet food. Meat is a good source of glucosamine, chondroitin, vitamins, and protein, among others, that help in brain development, bone health, and immune system of pets.
Segmentation Analysis
The market based on ingredient has been segmented into meat & meat products, cereals, vegetables, fats, and additives.
The market, by pet, has been segmented into dog, cat, fish, and others.
The market, by form, has been segmented into dry ingredients and liquid ingredients.
The market, by source, has been segmented into plant based, animal based, and synthetic.
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Global Key Players and Competition Analysis
Some of the key players in the global pet food ingredients market are Archer Daniels Midland Co. (US), DSM N.V. (The Netherlands), Cargill, Inc. (US), BASF SE (Germany), Ingredion, Inc. (US), Roquette Frères (France), SunOpta (Canada), DowDuPont, Inc. (US), Omega Protein Corp. (US), and John Pointon & Sons Ltd. (UK).
Regional Analysis
Asia-Pacific is expected to be the fastest growing market for pet food ingredients owing to the increasing adoption of pets that mainly include cats. Pet Fair Asia is the largest annual trade show of animal supplies and aquariums in Asia. Such exhibitions boost the demand for pet food ingredients in the region.
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