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.
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