Pet Food Ingredients Market will witness a substantial growth Pet Food Ingredients Market

Global Pet Food Ingredients Market will witness a substantial growth by 2025: Global Market Insights Inc. According to new Global Market Insights, Inc, chemical research report Pet Food Ingredients Market size should witness significant growth during the foreseeable timeframe led by increasing pet adoption rate and rising awareness for pet’s health and nutritional requirements. Rising pet adoption rates owing to changing lifestyle and high disposable income may drive the product demand. The younger generation are more inclined towards pet adoption, and providing them proper care, thus boosting the pet food ingredients market demand. Increasing awareness of nutritional importance and continuous research and development in ingredients such as amino acids, omega-3 fatty acids, dietary fibers, carotenoids and other minerals may foster the overall market growth. These ingredients are used in pet food manufacturing as they offer several benefits such as metabolism, digestion and overall development. Pet owners can choose wide variety of pet foods as per breed, life stage, diseases or ingredient preference thus driving the pet food ingredients market. Rising number of diseases like diarrhea and chronic nausea owing to unhealthy gut and improper diet are the factors which may drive the market growth. Omega -3 fatty acids, prebiotics and probiotics, Mannan-oligosaccharide (MOS), beta-glucan and fructo-oligosaccharides (FOS) are widely used in pet food ingredients to improve gut health. These ingredients stimulate anti-tumor and anti-microbial activities by binding macrophages and white blood cells receptors thereby fueling the pet food ingredients market demand. Phosphates are chemical derivative of phosphoric acid, which occurs naturally and are essential for humans and animals’ body. Global phosphate market size is supposed to be valued at over USD 75 billion by 2021. Phosphates are widely used pet food ingredient as it works along with calcium which make bones strong and helps in eliminating body waste thereby driving the pet food ingredients market size. Natural pet food ingredients like soy, corn, grains and vegetables are widely used owing to their high nutritional value and low cost are the key factors responsible for the increasing product demand. Global soy protein market was valued at over USD 5 billion in 2017. Natural pet food ingredients like soy and other vegetables, eggs and fish protein are widely used in pet foods owing to their high protein, vitamins and mineral content thereby accelerating the product demand. 1 | Page