#Pet Food and Nutrition Industry Research Report

[animal-care]

Exploring New Directions in the Pet Care Sector

Introduction

The Pet Care Market is in a constant state of flux, with ongoing trends and innovations reshaping its landscape. In this article, we delve into some of the emerging trends in the pet care market and their impact on industry participants.

Tailored Nutrition

A notable trend in the Pet Care Market is the move towards personalized nutrition. Pet owners are increasingly seeking tailored diet plans and nutritional solutions to meet the specific needs of their pets. Responding to this demand, companies are offering customized pet food formulas and supplements designed to address various health concerns and dietary preferences.

E-commerce Expansion

The surge in e-commerce has transformed the way pet care products are purchased and sold. Online platforms provide convenience and accessibility, enabling pet owners to explore a wide array of products and make purchases from the comfort of their homes. This shift has led to the proliferation of online pet stores and the adoption of subscription-based models for pet food and supplies.

Emphasis on Sustainability

Sustainability has emerged as a significant focus area for both pet care companies and consumers. With increasing worries about environmental conservation and climate change, pet owners are seeking eco-friendly and sustainable pet care products. In response, companies are integrating recycled materials, minimizing packaging waste, and embracing sustainable manufacturing practices.

Technology-Driven Solutions

Technological advancements are fueling innovation in the pet care market. From wearable devices and smart collars to pet monitoring apps and telemedicine services, technology is revolutionizing how pet owners interact with their pets and manage their health and well-being. These tech-driven solutions offer convenience, efficiency, and peace of mind to pet owners, driving their adoption and integration into daily pet care routines.

Growing CBD Market

Another noteworthy trend in the pet care market is the increasing popularity of CBD products for pets. CBD, or cannabidiol, is a non-psychoactive compound derived from the cannabis plant, believed to offer various health benefits for pets, including pain relief, anxiety reduction, and improved mobility. As more research is conducted on the potential benefits of CBD for pets, the market for CBD pet products is expected to expand significantly.

Conclusion

The Pet Care Industry is undergoing rapid evolution, spurred by shifting consumer preferences, technological breakthroughs, and heightened awareness of pet health and wellness. By staying attuned to emerging trends and embracing innovation, companies can position themselves for success in this dynamic and competitive industry.

[crop-protection-market]

Navigating the Pet Market Exploring the Market Trends, Growth, and Outlook

In the Pet Care industry, it is crucial to understand the Pet Market for pet owners, businesses, and enthusiasts alike. This comprehensive exploration delves into key aspects of the Pet Market, ranging from demand dynamics to growth projections, trends, and the challenges and opportunities that shape this flourishing industry.

Exploring Pet Market Research Reports: A Wealth of Insights

The Pet Market Research Reports serve as beacons of information, offering a comprehensive understanding of the industry's landscape. These reports, compiled by experts and analysts, provide valuable insights for stakeholders aiming to navigate the dynamic pet market. Pet Market Research Reports offer a detailed analysis of consumer preferences, emerging trends, and competitive landscapes, aiding businesses in making informed decisions. The increasing frequency of these reports, with over 150 published annually, underscores the growing demand for in-depth insights into the Pet Market.

Unraveling Pet Market Demand: Understanding Consumer Preferences

The heartbeat of the Pet Market lies in understanding what consumers seek for their furry companions. Exploring Pet Market Demand illuminates the evolving preferences of pet owners and sheds light on the factors influencing purchasing decisions. Pet Market Demand is witnessing a notable shift towards premium and specialized pet products, reflecting the growing trend of pet humanization. The demand for organic and natural pet products has seen a significant upswing, emphasizing the growing importance of health-conscious choices in pet care.

Forecasting Pet Market Trends: Peering into the Future

Anticipating trends is essential in a market as dynamic as pet care. Pet Market Forecast sections provide a glimpse into the future, considering factors such as technological advancements, changing consumer behaviors, and emerging product categories. The Pet Market Forecast suggests a surge in demand for sustainable and eco-friendly pet products, indicating a shift towards environmentally conscious pet ownership. Technological innovations such as AI-powered pet care apps and telemedicine services are expected to become prominent trends in the near future.

Pet Market Growth: Nurturing a Flourishing Industry

The continuous growth of the Pet Market is a testament to the unwavering love and care bestowed upon pets. Exploring Pet Market Growth patterns delves into the factors contributing to the industry's expansion with an annual growth rate of 5%, the Pet Market Growth is fueled by a rising awareness of pet health and the increasing adoption of pets across diverse demographics. The emergence of emerging markets and increased disposable income contribute significantly to the global growth trajectory of the Pet Market.

Outlook on Pet Market Opportunities: Navigating Possibilities

Amidst challenges, opportunities abound in the Pet Market. The Pet Market Opportunities section explores potential areas for growth, innovation, and market expansion. Innovations in pet tech, including smart collars and health-monitoring devices, present significant Pet Market Opportunities for businesses aiming to tap into the burgeoning pet technology sector. The rising trend of pet insurance and wellness programs represents untapped opportunities for businesses to diversify their service offerings.

Harvesting Pet Market Revenue: Understanding Financial Dynamics

For businesses, comprehending the financial aspects of the Pet Market is crucial. The Pet Market Revenue section unravels the economic landscape, considering factors like pricing strategies, consumer spending patterns, and revenue projections. The global Pet Market Revenue is expected to reach USD 200 billion by 2025, driven by a surge in pet product sales and an increased focus on premium pet services. The expanding e-commerce landscape and the ease of online transactions are contributing factors to the consistent growth in Pet Market Revenue.

Trends Painting Pet Market: Unveiling Consumer Preferences

The pet market is not immune to trends that shape consumer behaviors. Pet Market Trends delve into the evolving landscape, from the rise of pet influencers on social media to the increasing demand for organic and natural pet products. The influence of Pet Market Trends on consumer behavior is evident in the growing demand for personalized and customized pet products, reflecting an era of individualized pet care. The integration of technology, such as QR-coded pet food for traceability, is gaining popularity, aligning with the overall tech-savvy trend in pet ownership.

Challenges in Pet Market: Navigating Obstacles

Every industry has its hurdles, and the Pet Market is no exception. The Pet Market Challenges section sheds light on obstacles faced by businesses, ranging from regulatory constraints to market saturation. Regulatory uncertainties pose significant Pet Market Challenges, necessitating businesses to stay adaptable and proactive in complying with evolving standards. The prevalence of counterfeit pet products in certain markets represents a challenge to the industry's integrity, necessitating enhanced regulatory efforts.

Conclusion: Embracing the Pet Market Dynamics

The Pet Market is a vibrant and ever-evolving landscape shaped by the love and care bestowed upon our beloved pets. From the challenges that keep businesses on their toes to the opportunities that beckon innovation, the Pet Market remains a thriving hub for those dedicated to the well-being of their cherished companions.

[tamanna31]

Pet Food 2024 Industry Size, Demands, Growth and Top Key Players Analysis Report

Pet Food Industry Overview

The global pet food market size was estimated at USD 103.3 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2030.

The demand for products is anticipated to be driven by growing consumer inclination toward the adoption of pets along with rising concerns regarding their health. Improvement in overall digestion and performance of pet animals owing to consumption of nutritious food is also likely to boost market growth in the forecast period. The pet food products that are available in the global market rarely vary. This, in turn, has prompted manufacturers to include multi-functional and innovative ingredients in their products to curb such similarity bias. Convenience is likely to play a vital role in driving this industry, given the increased popularity of prepared pet food. The other segment is organic pet food, a recent and growing trend in the market.

Gather more insights about the market drivers, restrains and growth of the Pet Food Market

Increasing availability of organic products in a variety of flavors and the inclusion of essential ingredients such as probiotics and antioxidants are factors that are likely to induce a positive impact on global market growth. On the other hand, low product penetration owing to its slightly high price may restrain organic segment growth in the coming years as every household would not be able to purchase high-priced products.

The market value chain is characterized by the presence of raw material suppliers, manufacturers, distributors, and end-users. The raw materials which are used for production include meat, meat byproducts, cereals, grains, and specialty proteins derived from animals, palatants, flavors & sweeteners, vitamins, minerals, and enzymes among others.

Manufacturers formulate these products in accordance with the standard nutritional requirements of domesticated animals. Meat-based raw materials are processed/rendered to separate protein components, water, and fat. The manufacturing process also entails grinding, cooking, and mixing the aforementioned raw materials with other ingredients.

The raw materials utilized in each pet food product segment are primarily commodities and agricultural-based products. Grains, fruits, and animal protein meals, among other ingredients, are procured from various suppliers. The cost, quality, and availability of these key ingredients have fluctuated in the past and are expected to fluctuate in the future as well. For instance, in March 2023, pet food prices in America rose by 15.1% YoY. Due to this, residents are considering giving away their pets. Such sudden and sharp increases in the prices of pet food can adversely affect market growth.

Browse through Grand View Research's Consumer F&B Industry Research Reports.

• The global frozen bakery market size was estimated at USD 67.27 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030.

• The global organic rice protein market size was valued at USD 69.5 billion in 2023 and is projected to grow at a CAGR of 12.9% from 2024 to 2030.

Global Pet Food Market Report Segmentation

This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global pet food market report based on pet type and region:

Pet Type Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

Dog

Wet Food

Dry Food

Snacks/Treats

Cat

Wet Food

Dry Food

Snacks/Treats

Others

Regional Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Poland

Ukraine

Russia

Turkey

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Vietnam

Thailand

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Middle East

South Africa

Key Companies & Market Share Insights

The competitive landscape of this market is moderately consolidated with the presence of multinationals striving to fulfill high demand from large customers and end-user base. Key industry participants are inclined toward adopting new marketing strategies and using advanced technologies to strengthen their customer base and generate more revenue in near future. In addition, companies are undertaking expansion, mergers, and acquisitions as a part of their strategic initiatives. For example, in January 2022, Manna Pro acquired Oxbow Animal Health, a small animal pet brand that offers premium food, and supplements for rabbits, pigs, hamsters, and other pets. In addition, in September 2023, Superlatus, Inc., a key food distribution and technology firm, merged with TRxADE HEALTH, Inc., and announced its expansion in the pet food industry with plant-based or vegan pet food treats.

Industry participants are inclined toward investing heavily in research and technology to advance processes and create new recipes, which are manufactured with varied and special ingredients. Key manufacturers are also focused on developing innovative formulas to offer diverse and high-quality food for pets and farm animals. Industry players also utilize raw materials with criteria to meet demands, as well as regulations, in both domestic and international markets.

Key Pet Food Companies:

The J.M. Smucker Company

Nestle Purina

Mars, Incorporated

LUPUS Alimentos

Total Alimentos

Hill’s Pet Nutrition, Inc.

General Mills Inc.

WellPet LLC

The Hartz Mountain Corporation

Order a free sample PDF of the Pet Food Market Intelligence Study, published by Grand View Research.

[creativeera]

The Europe Animal Healthcare Market is in trends by increasing pet adoption amid the COVID-19 pandemic

Animal healthcare deals with the prevention, diagnosis and treatment of diseases that affect animals. Pet owners in Europe are increasingly spending on quality animal feed, nutrition and healthcare products to ensure the overall well-being of their pets. Veterinary care services for pets include vaccination, surgeries and treatment of ailments. Growing urbanization coupled with rising incomes have led to increasing pet ownership, especially dogs and cats over recent years in Europe. The bond between pets and their owners has strengthened amid the outbreak of COVID-19 as people sought companionship working from home.

The Europe animal healthcare market is estimated to be valued at USD 15,270.3 Mn in 2024 and is expected to reach USD 21,575.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031. Key Takeaways Key players: Key players operating in the Europe Animal Healthcare are Merck & Co., Inc., Virbac, Dechra Pharmaceuticals, Vetoquinol S.A., Zoetis Inc., Ceva Santé Animale, Bayer AG, Elanco, Evonik Industries AG, Archer Daniels Midland Company, Cargill, Incorporated. Growing demand: Rising pet adoption, increasing disposable incomes, growing awareness about pet health are fueling the demand for animal healthcare products and services in Europe. Pet owners are willing to spend more on premium pet food, nutraceuticals and veterinary care. Global expansion: Leading players are expanding their manufacturing facilities and distribution networks across major countries in Europe to tap the growing pet care market. Companies are also focusing on development of novel drugs and therapeutic areas through collaborative research efforts. Market key trends: One of the key trends gaining traction in the Europe Animal Healthcare Market Size is customized pet foods. Manufacturers are focusing on development of customized dietary solutions tailored to pet's breed, size, age, and medical conditions. Companies are incorporating advanced nutritional analysis and customized recipes for pet foods to cater to individual pet requirements.

Porter's Analysis Threat of new entrants: Low barriers to entry due to requirements and regulations. Bargaining power of buyers: Large buyer base leads to more negotiating power. Bargaining power of suppliers: Few suppliers with differentiated products have more influence. Threat of new substitutes: Presence of alternative treatments poses threat of substitution. Competitive rivalry: Intense completion between global and regional players to gain market share. Geographical regions where the Europe animal healthcare market is concentrated in terms of value include Germany, France, UK, Italy and Spain. These countries collectively accounted for over 60% of market share in 2024 owing to high pet ownership and rising animal welfare expenditure. The fastest growing region for the Europe animal healthcare market is Eastern Europe. Countries like Russia, Poland, Romania etc. are witnessing double digit growth due to growing livestock industry, increasing meat consumption and rising awareness about animal health. This growth is further aided by expanding veterinary services and growing pet adoption in urban areas.

Get more insights on Europe Animal Healthcare Market

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Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

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[ananya5400]

Wheat Protein Market Size, Share, Trends, Future Growth, Challenges and Competitive Analysis

The global wheat protein market size is anticipated to reach a value of $2.5 billion by 2023 and $3.2 billion by 2028, representing a compound annual growth rate (CAGR) of 4.9% from 2023 to 2028. Owing to the increase in demand for meat-free diets, rising obesity cases resulting in demand for low-calorie foods, and consumers seeking healthy foods. Wheat gluten, being rich in proteins, is a suitable option and has boosted the demand for it in the global wheat protein market.

Wheat Protein Market Drivers: Increase in consumer preference for meat analogues

The global market for plant-based meat alternatives has been expanding rapidly as consumers increasingly seek products that mimic the texture, structure, and mouthfeel of traditional meat. This growing demand has spurred the development of plant protein-based meat substitutes worldwide. As more consumers become aware of the benefits of healthy and nutritious foods, a new group known as "flexitarians" has emerged individuals who are actively reducing their meat intake. This shift in eating habits has driven the creation of innovative products that not only replicate the taste of meat but also offer comparable high-protein nutritional value. For example, under the European research initiative LikeMeat, academic researchers and various small and medium-sized enterprises have successfully developed fibrous, meat-like structures from plant proteins using a modified cooking extrusion process, which has been further processed into a range of food products.

Wheat Protein Market Opportunities: Growing role of wheat protein in the pet industry

The pet food market is driven by two primary trends globally. These trends are premiumization and humanization. There is a growing trend of pet humanization as a “family member” among owners. Due to this, there is a rise in the demand for premium pet food with nutritional benefits, better digestibility, and improved ingredient quality for pets. Considering this changing human tendency, the major players, such as Crespel & Deiters Group (Germany), are offering wheat protein as an ingredient that can be incorporated in pet food products.

In dry dog foods and biscuits, wheat is a grain that provides high-quality carbohydrates. In addition to giving us energy for daily tasks, it also gives food the ability to be processed. Wheat is a major source of nutrients and offers a wide range of advantages. Wheat-based products offer holistic, wheat-based solutions for optimizing pet food because they are rich in starches, vitamins, minerals, trace elements, and fiber, which aid in the formation of balanced pet food products.

How does the rise in plant-based meat substitutes influence the demand for textured wheat protein?

Textured wheat protein, also known as wheat meat, wheat gluten, or seitan, is a popular plant-based protein source used as a meat substitute for many years. A study published in the journal, Foods, in 2021 found that the demand for meat substitutes, including textured wheat protein, is increasing worldwide due to health, ethical, and environmental concerns associated with meat consumption. In 2019, a survey by the International Food Information Council found that 22% of US consumers reported consuming plant-based meat substitutes, including textured wheat protein, at least once a week.

Therefore, the demand for textured wheat protein is increasing globally, driven by factors such as the growing popularity of plant-based diets and the increasing demand for sustainable and ethical food products.

North America dominates the wheat protein market share.

Countries such as the US, Canada, and Mexico have been considered in this study. The market in the US is driven by growing consumer awareness about the importance of protein in the diet, which, in turn, has encouraged the demand for functional food & beverages. The versatile functionality of wheat protein has sustained demand in the baking industry, leading to constant growth in consumption. Research and technological developments in hydrolyzed wheat protein have also led to a long-term consumption trend of wheat protein in the US. However, the increase in discussion on gluten intolerance acts as a hindrance to the growth of the wheat protein market in this region. The high functional profile, low carbon footprint, and low price of wheat-sourced proteins are the key factors encouraging the consumption of wheat protein, particularly in baked products.

Top Wheat Protein Market Companies

The key players in this market include ADM (US), Cargill, Incorporated (US), Tereos (France), Südzucker AG (US), MGP Ingredients (US), Roquette Frères (France), Glico Nutrition Foods Co., Ltd. (Japan), Kerry Group PLC (Ireland), Manildra Group (Australia), Kröner-Stärke (Germany), among others. The study includes an in-depth competitive analysis of these key players in the wheat protein market with their company profiles, recent developments, and key market strategies.

Key questions addressed by the Wheat Protein Market Report:

What is the projected market value of the global wheat protein market?

What is the estimated growth rate (CAGR) of the global wheat protein market for the next five years?

What are the major revenue pockets in the wheat protein market currently?

What are the nutritional benefits of wheat protein?

What are the factors driving the growth of the wheat protein market?

What are the major players operating in the wheat protein market?

[foodandbeverages]

Fishmeal & Fish Oil Market Segmentation Application, Technology & Market Analysis Research Report To 2033

The fishmeal and fish oil market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%.

The production of fishmeal and fish oil is expected to increase moderately in the coming years as a result of improved by-product utilization and a growing aquaculture industry.

According to the OECD, aquaculture's contribution to global fish culture will continue to grow and will surpass that of fisheries by 2024. Aquaculture production is expected to reach 105 million tons by 2029, ten million tons more than the capture sector.

As feed demand has increased in tandem with increased aquaculture production, the inclusion of fish meal and fish oil in feed recipes has clearly declined, and has been partially replaced by vegetable substitutes such as soymeal and rapeseed oil.

Due to their scarcity, fishmeal and fish oil will be employed more frequently as strategic ingredients at lower percentages and for particular production stages.

The development and dynamics of the markets for fish oil and fishmeal on a worldwide scale can be influenced by a variety of variables. Included in them are extrinsic variables like the weather and environment, fishery management, trade policies, etc.

Information Source: https://www.futuremarketinsights.com/reports/fishmeal-and-fish-oil-market

Key Takeaways from the Fishmeal & Fish Oil Market

The fishmeal and fish oil market were dominated by salmon and trout and is expected to grow at a CAGR of 5.6% by 2033. This is because salmon oil is high in the omega-3 fats DHA and EPA. Consuming omega-3 fatty acids from salmon oil has been linked to a number of health benefits.

Pharmaceutical sector will register a growth of 5.4% and lead the application segment. Pharmaceutical industry will be highly benefitted from the fish oil and fish feed market owing to growing trend of fish-based supplementation and high adoptability of fish by-products in medical sector.

The U.S. to contribute a whooping US$ 4.6 billion by 2033 in the global market. Favorable policies and the thriving marine industry are the key reason driving the market in the region.

The U.K. is witnessing a growth of 4.9% in the fish oil and fish feed market. The growing concern and awareness on animal nutrition and well being is the key factor behind this significant growth of the region.

China is the most lucrative region among all growing at an astonishing rate of 5.2%. China is the top consumer of fish and fish products among other regions. Growing awareness on cardiac issues is promoting the adoption of fish oil among population.

Asia Pacific is likely to be the dominant region for the market till the end of the forecast period.

Latest Developments

In April 2022, Evolve Supplements initiated its online store for aiding in the buying process for consumers.

In April 2022, Trident Seafoods came out with its Omega 3 food for dogs. They forayed into the pet food market with this initiative.

Key Segments Fish meal & Fish Oil Market

Source:

Salmon & Trout

Marine Fish

Crustaceans

Tilapia

Carps

Application:

Aquaculture & Aquatic Feeds

Land Animal Feeds and Livestock

Agriculture and Fertilizers

Pharmaceuticals

Dietary Supplements

By Region:

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excluding Japan (APEJ)

Japan

The Middle East & Africa (MEA)

[windyjohn01]

Global Pet Food Preservative Market Report Size, Share (2024)

The Global Pet Food Preservative Market is experiencing steady growth, driven by increasing pet ownership and a focus on pet health and nutrition this study includes the research on pet food By Product Type (Nisin, Natamycin, Benzyl Alcohol, Salicylic Acid, Sorbic Acid, Natural Acids, Botanical Extracts), By End-Use Application (Dog Food, Cat Food), By Form (Powder, Liquid). The market is projected to grow at a CAGR of 3.1% from 2024 to 2033, reaching USD 817.5 million by the end of the forecast period, up from USD 632.1 million in 2023. Key factors driving this growth include rising pet ownership, the demand for natural preservatives, and advancements in preservative technologies. North America Dominated the market in 2023 due to high pet ownership rates, premiumization trends, and robust regulatory frameworks.

Pet food preservatives are substances used to extend the shelf life of pet food products by preventing spoilage and maintaining product quality. The market includes various preservatives, both natural and synthetic, and caters to different applications, such as dog and cat food.

Key Market Drivers

Increasing Pet Ownership: Rising global pet adoption rates, particularly in urban areas, are driving demand for effective preservatives.

Demand for Natural Preservatives: Growing consumer awareness and preference for natural and organic preservatives are fueling market growth.

Technological Advancements: Innovations in preservative technologies, such as encapsulation and controlled-release formulations, enhance product shelf life and safety.

Premiumization Trends: Increased consumer spending on premium pet food products with high-quality preservatives.

Get more information on ” Global Pet Food Preservative Market Report” by requesting FREE Sample Copy at https://www.eternalmarkets.com/report/pet-food-preservative-market-2024-global-dynamics-trends-forecast/#tab-request-sample

Restraining Factors

Regulatory Challenges: Stringent regulations on pet food ingredients and preservatives may pose barriers to market entry and innovation.

Economic Uncertainty: Fluctuations in disposable incomes and economic downturns may impact consumer spending on premium pet food.

Competition from Alternatives: Rising popularity of alternative preservation methods and ingredients may limit the growth of traditional preservative markets.

Future Outlook

Emerging Market Opportunities: Significant growth expected in Asia-Pacific and South America due to increasing disposable incomes, urbanization, and changing lifestyles.

Natural Preservatives: Continued demand for natural preservatives driven by consumer preferences for healthier pet food options.

Regulatory Landscape: Stringent regulations regarding pet food safety and ingredient standards will influence product formulations and market strategies.

Technological Innovations: Advancements in preservative technologies will drive market growth and enhance product offerings.

Key Players

Leading companies in the global pet food preservative market include:

DuPont

Altrafine Gums

BASF SE

Balchem Inc.

Bentoli

Bill Barr & Company

Caldic B.V.

PFIAA

Kerry Inc.

Cargill, Incorporated

Camlin Fine Sciences Ltd.

Denes Natural Pet Care Ltd.

DSM

E.I. DuPont de Nemours and Company

PetCoach

Kemin Industries, Inc.

Trouw Nutrition USA, LLC

Other Market Leaders In The Business

Inquire Before Buying at https://www.eternalmarkets.com/report/pet-food-preservative-market-2024-global-dynamics-trends-forecast/#tab-inquire-before-buying

Recent Developments

2023: DuPontintroduced innovative preservative solutions tailored for specific pet food applications.

2022: Kemin Industries, Inc.acquired a prominent preservative technology company to enhance its product portfolio.

2021: BASF SElaunched new preservative technologies aimed at improving pet food safety and shelf life.

2020: Cargill, Incorporated Implemented advanced preservative technologies, such as encapsulation and controlled-release formulations.

Market Segmentation

By Product Type: Nisin, Natamycin, Benzyl Alcohol, Salicylic Acid, Sorbic Acid, Natural Acids, Botanical Extracts, Others

By End-Use Application: Dog Food, Cat Food

By Form: Powder, Liquid

By Geography:

Asia-Pacific: China, Japan, India, Rest of APAC (RoAPAC)

North America: U.S., Canada

Europe: Germany, U.K., France, Italy, Spain, Rest of Europe (RoE)

South America: Brazil, Argentina, Rest of South America

Middle East & Africa: GCC, Israel, South Africa, Rest of MEA

Regional Insights

Europe: Growth driven by stringent regulations and consumer preference for natural pet food products.

Asia-Pacific: Expansion due to rapid urbanization, rising disposable incomes, and growing pet humanization.

Final Insights

The global pet food preservative market is poised for steady growth, driven by evolving consumer preferences, advancements in preservative technologies, and regulatory developments. The market is expected to see continued expansion, with a significant focus on natural preservatives and innovative solutions to meet the growing demand for safe and nutritious pet food products.

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[spookysaladchaos]

Pet Food Extruders, Global Top 14 Players, Market Share and Ranking (2023)

Pet Food Extruders Market Summary

Pet Food Extruders are machines that are used to produce animal feed in the form of kibble or nuggets. These machines work by combining various ingredients, such as animal protein, grains, and vegetables, and then using heat and pressure to process and shape the mixture into bite-sized pieces. The extrusion process provides a uniform texture, shape, and density to the pet food, making it easier to digest and increasing its shelf life. Pet food extruders are widely used in the pet food industry to produce high-quality and nutritious food for dogs, cats, and other pets.

The main role of the pet food extruder is to cook and pasteurize pet food and feed in a very short time. Pet food processing technology forces the ingredients to mix via a helical screw and then through the die of the extruder. During the extrusion process, ingredients are ground, mixed and heat-treated. The result is a strip-shaped product (extrudate) which is subsequently dried.

According to the new market research report "China Pet Food Extruders Market Report 2024-2030", published by QYResearch, the china Pet Food Extruders market size is projected to reach USD 149 million by 2030, at a CAGR of 5.9% during the forecast period.

Figure.   China Pet Food Extruders Market Size (US$ Million), 2019-2030

Figure.   China Pet Food Extruders Top 14 Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

According to QYResearch Top Players Research Center, the China key manufacturers of Pet Food Extruders include Shandong Arrow Machinery, Coperion, Bühler, Baker Perkins (Schenck Process), IDAH, Brabender GmbH, Wenger, ANDRITZ, FAMSUN, Shandong Saina Machinery Technology, etc. In 2023, the china top 10 players had a share approximately 68.0% in terms of revenue.

Figure.   Pet Food Extruders, China Market Size, Split by Product Segment

In terms of product type, currently Twin Screw is the largest segment, hold a share of 75.0%.

Figure.   Pet Food Extruders, China Market Size, Split by Application Segment

In terms of product application, currently Dry Pet Food is the largest segment, hold a share of 61.3%.

Trend:

Increasing Demand for Premium Pet Food：Now people's requirements for pet food are more high-end and personalized, and they are more interested in functional pet food with additional health benefits. The demand for premium pet food containing premium and nutrient-dense ingredients is increasing.

Technological Advancements：Continuously increasing R&D investments and advancements in pet food extrusion technology. Advances in extrusion technology enable the production of pet food with optimal texture, nutritional content and flavor. Advances in technology have made pet food extruders more efficient, reliable and cost-effective. Automation and the use of artificial intelligence (AI) are also increasing in the pet food manufacturing process.

Sustainability：As people become more aware of environmental issues, pet owners are also starting to pay attention to sustainable and eco-friendly products. Pet food extruder manufacturers now offer eco-friendly materials and packaging for pet food.

About The Authors

Jiashi Dong

Lead Author

Email: dongjiashi@qyresearch.com

QYResearch Nanning Branch Analyst, as a member of the QYResearch Semiconductor Equipment and Materials Department, his main research areas include automotive electronics, semiconductor equipment, materials and thermally conductive powders. Some subdivided research topics include automotive diodes, automotive inductors, automotive lidar, radio frequency power supplies, plastic sealing machines, high-purity non-ferrous metals, battery materials, precursors, electroplating equipment, thermal conductive ball aluminum, semiconductor chemical plating solutions, semiconductor coating devices, etc. At the same time, he is also engaged in the development of market segment reports and participates in the writing of customized projects.

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Choline Chloride Market - Forecast(2024 - 2030)

Choline Chloride Market Overview

Choline Chloride Market size is forecast to reach $1.1 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function. It is very essential for growing animal and its feed intake helps in preventing perosis, conditions like fatty liver syndrome, etc. Apart from animal feed additive, Choline Chloride Market also finds application in human nutrition and as a clay stabilizer in oil and gas industry. One of the major factors driving growth in the Choline Chloride Market is increasing consumption of poultry meat and egg.

Report Coverage

The report: “Choline Chloride Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Choline Chloride Market Industry.

By Grade: 50%, 75%, 70%, 60%, and 98%.

By Form: Powder and Liquid.

By End-User Industry: Animal Feed, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals and Others.

By Geography: North America, South America, Europe, APAC, and RoW

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Key Takeaways

New product developments and increasing investments in research and development of choline chloride are expected to drive the growth of this market.

Among end users, oil & gas segment is projected to lead the Choline Chloride Market during the forecast period.

Asia Pacific dominated the Choline Chloride Market.

By Grade - Segment Analysis

70% segment held a significant share in Choline Chloride Market in 2019. Choline chloride 70% is primarily available in the form of a colorless to amber colored viscous liquid or a tan colored powder with a characteristic odor containing 70% choline chloride active substance by weight. Choline chloride 70% finds widespread adoption in the oil & gas sector as an ideal substitute for potassium chloride owing to its greater performance in clay stabilization, compatibility with drilling muds and safe environmental profile. The product is also widely used as a feed additive for calves, crustaceans, fish, poultry, pigs and pet food pertaining to its ability to prevent fatty liver, improved muscle control and growth performance.

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By Form - Segment Analysis

Liquid segment held a significant share in Choline Chloride Market in 2019. Liquid choline chloride is a colorless, odorless, clear substance which is soluble in water, non-corrosive and non-toxic in nature. The product is extensive adopted in the poultry feed industry on account of its ability to enhance growth & performance, nutrient utilization, fat metabolism and improves reproductive ability in animals. The product helps prevent health disorders such as liver enlargement and leg deformity, also called perosis in chicks. Choline supplementation helps enhance weight gain in broilers and plays an essential role in the formation of egg yolk in layer chickens.

By End-User Industry - Segment Analysis

Oil & Gas segment held a significant share in Choline Chloride Market in 2019 growing at a CAGR of XX% during the forecast period. Choline chloride serves as an excellent clay stabilizer which ensures cost effectiveness and enhances production rates in the oil & gas sector. Choline chloride helps tackle various challenges which arise during oil drilling operations such as permeability reduction, fines migration and wellbore instability. The product’s biodegradable nature makes it an environment-friendly substitute for conventional clay stabilizers. Choline chloride is ideal for mixed layer, illite and smectite clay minerals & is highly compatible with conventional fracturing fluids and cross-linkers. Growing energy demand from the domestic & industrial sectors, rising exploration of natural gas resources and technological advancement should drive the oil & gas industry and stimulate the Choline Chloride Market.

Geography- Segment Analysis

Asia Pacific dominated the Choline Chloride Market with a share of more than XX%, followed by North America and Europe.  This region has the largest consumer base for choline chloride, specifically China, due to the increased demand for poultry meat. Choline chloride improves the feed conversion rate and enhances weight gain in pigs. Moreover, consumers in the U.S. & Canada increasingly prefer bacon-based breakfast options over pancakes on account of rising trend to experience new products and changing palates. Rising consumer preference for Vietnamese & Korean cuisines and increasing trend of dining at fast-food restaurants is expected to drive bacon consumption and accelerate the Choline Chloride Market sales.

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Drivers – Choline Chloride Market

High Demand from Animal Feed Industry 

Choline chloride is extensively consumed in the end-user segment like animal feed because of the growing demand for egg, high yield meat, etc. It is used as an essential feed additive amongst animal species, particularly chickens. It is also known as vitamin B4 and is an organic compound. Choline chloride is related to metabolism and it acts as a methyl donor. It helps in building and maintaining cell structure and functioning. It is used as a feed additive for growing poultry animals. Its benefits include prevention of perosis, a condition in animals like fatty liver syndrome, etc. In 2019, poultry meat consumption across the globe was about 128 million tons and is forecasted to reach about 135 million tons by 2025. All the aforementioned factors are expected to drive the Choline Chloride Market from the animal feed industry during the forecast period.

Challenges – Choline Chloride Market

Health Effects

Owing to hazardous effects related to human health such as vomiting, diarrhea, gastro intestinal distress and inhalation problems etc. during its preparation, the use of Choline Chloride has been regulated and restrained by health and safety management authorities for end user applications. Furthermore, fluctuation in raw material costs is another key factor which is expected to act as an impediment for the growth of Choline Chloride Market over the forecast period.  Moreover, lack of consumer awareness about the nutritional value of choline is expected to slow down the growth of choline chloride.

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Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Choline Chloride Market. In 2019, the market of choline chloride has been consolidated by the top five players accounting for xx% of the share. Major players in the Choline Chloride Market are Balchem Corporation, Taminco, BASF SE, Algry Química, Havay Chemical Company, NB Group Co., Ltd, and Jubilant Life Science among others.

Product Launch/ Partnership

In October 2019, global food & feed ingredient manufacturer Kemin Industries launched a new product range CholiGEM which caters to the health & nutrition requirements of ruminants. This is an innovative feed ingredient which offers a greater concentration of choline chloride as compared to conventional animal feed products. This product launch provides a competitive advantage to Kemin Industries and allows it to meet growing demand for animal feed additives for improved liver function. 

In November 2017, global chemicals manufacturer BASF entered into a strategic partnership with Indian pharmaceuticals company Vital Therapeutics. This partnership entails the launch of a new choline chloride product Vitachol which caters to poultry feed manufacturers in India and South Asia. 

[animal-care]

Overview of the Global Pet Care Market

Introduction

The global Pet Care Market has witnessed significant growth in recent years, driven by factors such as increasing pet ownership, rising disposable incomes, and changing consumer preferences. In this blog, we provide an overview of the global pet care market, highlighting key trends, growth drivers, and major players in the industry.

Market Size and Growth

The global pet care market size was valued at USD 150.67 billion in 2021 and is projected to expand at a compound annual growth rate CAGR of 5.1% from 2022 to 2030. The market is expected to reach USD 230.45 billion by 2030, driven by the growing trend of pet humanization and increased consumer spending on pet-related products and services.

Pet Ownership Trends

Pet ownership has been on the rise globally, with approximately 85 million households owning a pet. The trend of pet humanization, where pets are treated as members of the family, has contributed to increased spending on pet care products and services. Millennials and Generation Z consumers, in particular, are driving the demand for pet-related products and are willing to invest in premium pet care solutions.

Impact of COVID-19

The COVID-19 pandemic has further accelerated the growth of the pet care market. With more people spending time at home, there has been an increase in pet adoptions and fostering. Additionally, pet owners are showing a strong desire to learn more about pet health issues, leading to increased spending on preventive care and wellness products.

Key Players in the Industry

Several companies dominate the global pet care market, offering a wide range of products and services to meet the needs of pet owners. Some of the key players in the industry include:

Nestle Purina PetCare

Mars, Incorporated

Hill's Pet Nutrition, Inc.

Blue Buffalo Co., Ltd.

Champion Petfoods LP

Ancol Pet Products Limited

Petmate Holdings Co

The Hartz Mountain Corporation

Spectrum Brands Holdings, Inc.

These companies compete by offering innovative products, expanding their distribution networks, and investing in marketing and advertising campaigns to attract pet owners.

Future Outlook

The future outlook for the global Pet Care Market remains positive, with continued growth expected in the coming years. Factors such as increasing pet ownership, rising consumer awareness about pet health and wellness, and technological advancements in pet care products are expected to drive market growth.

Conclusion

The global pet care market is a dynamic and rapidly growing industry, driven by changing consumer preferences and increasing pet ownership rates. With the right strategies and investments, companies can capitalize on the growing demand for pet care products and services and achieve long-term success in this thriving market.

[crop-protection-market]

Navigating the Pet Market Landscape: Market Share, Revenue and Growth

Introduction: The Flourishing Landscape of the Pet Market

In the realm where furry companions and commerce converge, the Pet Market stands as a testament to the inseparable bond between humans and their animal counterparts. This exploration delves into various facets of the industry, unraveling insights into market research reports, demand dynamics, forecasts, growth patterns, outlook, revenue metrics, trends, challenges, and the plethora of opportunities shaping the pet market.

Understanding Pet Market Demand: The Canine and Feline Frenzy

At the heart of the industry lies the dynamic force of Pet Market Demand. The insatiable desire for pet companionship has created a market that extends beyond the basics of pet care to the realms of pet pampering and premium services. Understanding the nuances of demand is pivotal for businesses navigating this flourishing landscape. The Global Pet Market Demand is soaring, with an estimated 10% year-on-year increase in pet adoption rates. Specialty pet foods, catering to specific dietary needs, witnessed a remarkable 15% surge in demand in the last fiscal year.

Forecasting the Future: Pet Market Forecast

Peering into the crystal ball, the Pet Market Forecast segment anticipates the trajectory of the industry. With pet ownership trends evolving and pet parents seeking innovative products and services, forecasting becomes a compass for businesses aligning their offerings with the ever-changing preferences of pet owners. The projected market value by 2030 is an astounding USD 350 billion, propelled by a growing awareness of pet well-being and an increase in pet-humanization trends.

Pet Market Growth

The heartbeat of the pet industry resonates in the rhythm of Pet Market Growth. With a projected annual growth rate of 5.8%, the industry is not just expanding; it's evolving. This growth signifies not only the increasing number of pets but also the elevated expectations of pet parents for high-quality products and services. The global pet market is poised to reach USD 269.9 billion by 2025, reflecting a CAGR of 5.8%. The burgeoning pet tech sector is expected to witness a growth rate of 12% annually, emphasizing the integration of technology in pet care.

Outlook into Pet Paradise: Pet Market Outlook

The Pet Market Outlook envisions a world where pets are not just companions but integral members of households. The outlook explores emerging trends, consumer behaviors, and innovations that define the evolving landscape of the pet market. Over 60% of pet owners express a willingness to invest in high-quality, organic pet products, reflecting a shift towards more conscientious and health-focused choices.

Pet Market Revenue

Beyond cuddles and playtime, the pet industry is a formidable economic force, as evidenced by Pet Market Revenue. The revenue streams encompass pet food, grooming, healthcare, and a burgeoning market for pet tech. Understanding the financial dimensions is essential for stakeholders seeking to tap into this lucrative market. Pet food sales account for the largest share of pet market revenue, contributing over 40%. The pet grooming and wellness sector recorded a remarkable 18% increase in revenue over the past fiscal year.

Trends Tailoring the Pet Experience: Pet Market Trends

In the ever-evolving pet landscape, Pet Market Trends are akin to the wagging tail of innovation. From the rise of eco-friendly products to the integration of artificial intelligence in pet care, staying abreast of trends is imperative for businesses seeking to captivate the discerning audience of modern pet parents. The market for smart pet products is expected to witness a growth rate of 8% annually. Eco-conscious pet products witnessed a 20% increase in sales, reflecting the growing emphasis on sustainability among pet owners.

Deciphering Insights: Pet Market Report

The foundation of informed decision-making lies in the insights derived from Pet Market Reports. These reports unravel consumer behaviors, competitive landscapes, and emerging opportunities. For businesses aiming to thrive in the pet market, these reports are indispensable guides. Over 70% of industry experts refer to research reports for strategic decision-making in the pet industry. The utilization of data analytics tools in pet market research increased by 30% in the last two years, showcasing a shift towards data-driven decision-making.

Challenges in the Pet Playground: Pet Market Challenges

Amidst the tail wags and purrs, challenges abound in the Pet Market Challenges section. From regulatory complexities to the growing concerns regarding pet health, businesses need to navigate these challenges strategically to ensure sustained success. Stringent regulatory frameworks contributed to a 15% increase in compliance costs for pet-related businesses in the last fiscal year.

Opportunities in the Pet Kingdom: Pet Market Opportunities

Within challenges lie opportunities, and the Pet Market Opportunities segment illuminates the pathways for growth. From the surge in demand for premium pet products to the untapped potential in emerging markets, seizing these opportunities is crucial for businesses aiming to thrive in the pet industry. The market for organic and natural pet products is projected to grow at a rate of 9% annually. Emerging markets in Asia-Pacific and Latin America are witnessing a 25% year-on-year increase in pet product demand.

Conclusion: Pawing Towards a Prosperous Future

In the final analysis, the Pet Market is more than a marketplace; it's a reflection of the evolving dynamics between humans and their beloved pets. From understanding demand patterns to navigating challenges and embracing opportunities, each aspect contributes to the vibrant tapestry of the pet industry. As businesses stride forward into the realm of paws and profits, the Pet Market remains a haven of potential, promising not only financial success but also the joyous companionship of our four-legged friends.

[tamanna31]

Omega 3 2024 Industry – Challenges, Drivers, Outlook, Segmentation - Analysis to 2030

Omega 3 Industry Overview

The global omega 3 market size was valued at USD 2.62 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2030.

This is attributable to the rising use of ingredients in the human diet to support brain and heart health. Furthermore, the increasing consumer investment in healthcare and one’s well-being is also expected to boost product demand. The market is witnessing continuous diversification in its product offerings as consumers are looking for alternatives to traditional fish oil. Krill oil is one of the widely used sources of omega-3 due to its superior properties as compared to conventional fish oil. The majority of consumers in Europe and North America prefer krill oil over any other source of fish oil owing to its acid reflux, unpleasant taste, and large-sized pills. Such factors are anticipated to trigger product demand during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Omega 3 Market

The demand for omega-3 fatty acids in the U.S. is projected to grow significantly over the next few years owing to rising consumer awareness in the country regarding the several health benefits offered, including lowering blood pressure and cholesterol and reducing risks related to heart diseases. Moreover, growing consumer preference for a healthy and nutritional diet is further expected to fuel product demand shortly.

Numerous manufacturers present in the U.S., including BioProcess Algae, Martek Biosciences Corporation, and Omega Protein Corporation are focusing on research and development activities for launching pharmaceutical-grade product in the market. Increasing consumption of enhanced medicines to treat and prevent chronic diseases is likely to spur overall consumption in the coming years.

Rising pressure on anchovy fisheries to extract fish oil has increased the demand from non-fish sources, including flaxseed, walnuts, algae, and krill oil. Furthermore, increasing government initiatives to promote the product usage in different end-use applications are projected to positively impact the market demand.

Browse through Grand View Research's Additives & Nutricosmetics Industry Research Reports.

• The global fumaric acid market size was valued at USD 561.5 million in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030.

• The global nisin market size was estimated at USD 502.93 million in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030.

Global Omega 3 Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global omega 3 market report on the basis of type, source, application, and region:

Type Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Docosahexaenoic acid (DHA)

Eicosapentaenoic acid (EPA)

Alpha-linolenic acid (ALA)

Docosapentaenoic acid (DPA)

Others

Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Marine Source

Fish Oil

Algal Oil

Krill Oil

Others

Plant Source

Nuts & Seeds

Vegetable Oils

Soy

Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Supplements & Functional Foods

Pharmaceuticals

Infant Formula

Animal Feed & Pet Food

Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Spain

Italy

The Netherlands

Norway

Asia Pacific

China

India

Japan

Australia

New Zealand

Central & South America

Brazil

Argentina

Middle East & Africa

UAE

South Africa

Key Companies & Market Share Insights

Growing consumption of the product in various applications coupled with rising awareness regarding health and chronic diseases, and regulations favoring the use of omega-3 in infant formulations has influenced manufacturers to invest in technologies and product development in order to meet consumer demands. The market has been experiencing an increase in the number of new entrants across the value chain owing to the growing profits and huge market potential of manufacturers.

In March 2023, Epax announced an investment of USD 40 million in molecular distillation technology for improving the processing of highly concentrated omega 3.

In May 2023, Nuseed Global introduces Nuseed Nutriterra plant-based oil enriched with omega-3, tailored to meet the needs of the human nutrition and dietary supplement markets.

In addition, key companies such as Aker Biomarine Antarctic AS are focusing on expanding their capacity by introducing new catching vessels to increase their products, which was reflected in the sales of the company in the year 2021. Governments across developing regions are taking several initiatives to support Antarctic Krill fishing by providing research funds and creating innovation alliances, which may trigger industry growth

Key Omega 3 Companies:

Aker Biomarine Antarctic AS

Orkla Health

BASF SE

Omega Protein Corp.

GC Reiber Oils

Lonza

Croda International Plc

EPAX

BioProcess Algae, LLC

Koninklijke DSM N.V.

Order a free sample PDF of the Omega 3 Market Intelligence Study, published by Grand View Research.

[marketsndata]

Global Galacto-oligosaccharides Market Assessment, Opportunities and Forecast, 2016-2030F

Global galacto-oligosaccharides market size was recorded at 50.94 kilotons in 2022, which is expected to grow to 78.18 kilotons in 2030 with a CAGR of 5.5%, during the forecast period between 2023 and 2030. The galacto-oligosaccharides market is influenced by several key drivers that have contributed to its growth and prominence. One of the primary drivers is the increasing awareness of the importance of gut health. Consumers are now more conscious of how a healthy gut microbiome can impact overall well-being, which has led to a higher demand for prebiotic ingredients, like GOS.

The rising popularity of functional foods and beverages is another significant driver as consumers seek products that offer health benefits beyond basic nutrition, and GOS is often used in these functional items. Additionally, the use of GOS in infant formula due to its similarity to human milk oligosaccharides (HMOs) has propelled demand in the infant nutrition segment.

Moreover, the development of functional beverages, including probiotic and prebiotic drinks, has expanded the use of GOS. These beverages have gained popularity for their potential to enhance digestive health. Conclusively, Research and clinical studies have played a significant role in advancing the GOS market as ongoing research into the health benefits of GOS and positive results from clinical studies have contributed to the growing reputation and demand for this ingredient.

Demand for Pet Feed to Increase the use of Galacto-oligosaccharides

The utilization of Galacto-oligosaccharides (GOS) in pet feed is gaining prominence, driven by the growing recognition of the significance of pet health and nutrition. GOS offers a range of benefits for pets, with a primary focus on enhancing their digestive health, and supports the pet’s gut microbiome, aids in digestion, and diminishing the occurrence of gastrointestinal issues. Moreover, GOS has demonstrated its potential in fortifying the immune system of pets, bolstering their resistance to diseases and serve to mitigate allergic reactions in pets, thus establishing itself as a valuable ingredient for the management of common pet allergies.

For instance, Nestlé Purina PetCare Co. allocated an investment of USD 182 million to expand its manufacturing facility for pet care products in King William County, Virginia, the United States. Expansion of manufacturing and strong demand for pet feed to strengthen the Galacto-oligosaccharides globally.

Sample Report- https://www.marketsandata.com/industry-reports/galacto-oligosaccharides-market/sample-request

Increasing Consumption of Prebiotics Drinks to Heighten Galacto-oligosaccharides Demand

Galacto-oligosaccharides play a pivotal role in the dietary supplements industry, where it is widely promoted for its potential health benefits, particularly in supporting gut health. The increasing focus on digestive well-being has driven significant demand for GOS within the dietary supplements sector. Moreover, the surge in the dietary supplements industry has been accompanied by the development of functional beverages. It includes a range of products like probiotic and prebiotic drinks and foods that aim to enhance overall health through improved gut microbiome balance.

For instance, during July 2023, FHIRST Living Soda entered the beverage market, marking the pioneering all-natural, sugar-free drink that uniquely blends probiotics and prebiotics to support gut health. The rise in launches of functional foods across the globe increases the demand for galacto-oligosaccharides.

Rising Integration of Galacto-oligosaccharides in Pharmaceutical Application to Improve Demand

GOS has been the subject of research focused on its potential to mitigate symptoms associated with gastrointestinal disorders, including conditions like irritable bowel syndrome (IBS) and inflammatory bowel disease (IBD). GOS fosters the proliferation of beneficial gut bacteria and has shown promise and helps in enhancing gut health and diminishing associated symptoms. In addition to addressing gastrointestinal disorders, it is used for managing diarrhea. Therefore, it is a featured ingredient in specific pharmaceutical products, such as oral rehydration solutions, designed to alleviate diarrhea, with a particular focus on its efficacy in infants and young children.

For instance, during Q1 of 2023, Johnson & Johnson reported impressive results in their sales experiencing a robust upswing of nearly 10 percent in the United States, reaching a total of USD 12.52 billion. The upsurge in sales of pharmaceuticals is expected to contribute to rising demand for GOS.

Impact of COVID-19

The galacto-oligosaccharides market experienced significant disruption due to the outbreak of COVID-19. Although the pandemic had a relatively milder impact on the food and beverage industry compared to other sectors, it severely affected the industry’s global supply chain, constraining its growth potential. The shift in consumer behavior during this time had a detrimental effect on purchasing patterns, resulting in several challenges, including operational halts, hindrances to business expansion, and suspended activities. However, on the other hand, the lockdown heightened demand for GOS in few applications as the need for pet feed and prebiotic drinks increased during the pandemic.

Key Outlook

·         A huge percentage of the population of people across the globe is lactose intolerant, which is a major restrain to the market. However, the development of plant-based GOS will witness a consumption increase within this population.

·         The ongoing research of GOS in pharmaceuticals along with growing awareness of gut health will improve the demand for galacto-oligosaccharides marketglobally.

Global Galacto-oligosaccharides Market: Report Scope

“Galacto-oligosaccharides Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global galacto-oligosaccharides market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/galacto-oligosaccharides-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

[businessindustry]

Freeze-Dried Pet Food Market Statistics, Industry Trends, Competition Strategies 2024 to 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Freeze-Dried Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Freeze-Dried Pet Food Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Freeze-Dried Pet Food Market?

The global freeze-dried pet food market was valued at US$ 1.2 Billion in 2023 and is expected to register a CAGR of 7.1% over the forecast period and reach US$ 2.2 Bn in 2032.

What are Freeze-Dried Pet Food?                                                                                                                                                                            

Freeze-dried pet food is created through a preservation process that removes moisture while maintaining the nutritional value of the ingredients. This involves freezing the raw ingredients and then using a vacuum chamber to sublimate the ice, changing it directly from solid to gas without becoming liquid. The end product is a lightweight, shelf-stable food that can be rehydrated with water before serving, providing the benefits of a raw diet with the convenience of dry kibble. It is popular for its long shelf life, high nutrient retention, and appealing taste and texture for pets.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/2311

What are the growth prospects and trends in the Freeze-Dried Pet Food industry?

The freeze-dried pet food market growth is driven by various factors and trends. The freeze-dried pet food market is growing significantly due to rising pet ownership, increased awareness of pet nutrition, and the demand for convenient, high-quality food options. Pet owners are drawn to freeze-dried pet food for its ability to deliver the nutritional benefits of a raw diet without the storage and handling issues. Technological advancements in freeze-drying and innovative product offerings are further driving market expansion. Hence, all these factors contribute to freeze-dried pet food market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

North America

United States

Canada

Europe

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

Benelux

Nordic

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

GEA Group

LazyPet Foods

The Scoular Company

ZIWI Pets Ltd.

Thrive Foods

FanconFoods

Mira Pet Food Co., Ltd.

Carnivore Meat Company

Canature Processing Ltd.

Nature’s Variety

Kelly&Co's

Ranova

Steve's Real Food

Primal Pet Foods

TruPet

View Full Report: https://www.reportsandinsights.com/report/Freeze-Dried Pet Food-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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[bhushans]

Regional Analysis of the Companion Animal Specialty Drugs Market

The companion animal specialty drugs market is poised for significant expansion over the next decade. According to the latest projections, the market, valued at USD 37,624.67 million in 2022, is expected to reach a remarkable USD 56,828.56 million by 2032, with a moderate-paced compound annual growth rate (CAGR) of 4.21%.

The historical data indicates a robust CAGR of 5.42%, reflecting the growing demand for specialized medical treatments for companion animals. This trend underscores the increasing importance of veterinary pharmaceuticals in enhancing the health and wellbeing of pets worldwide.

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A major contributing element to the rise in sales and demand for animal nutrition and behavioral products is the rise in pet adoption. The need for anti-obesity medications has surged dramatically as a result of the rise in pet obesity over the past few years.

The COVID-19 epidemic and the ensuing worldwide shutdown in the first quarter of 2021 contributed to a rise in pet adoptions, especially of dogs and cats. Dog adoption is fairly common, particularly among senior citizens. It is anticipated that this will increase demand for skin care items, pet food, and medicines.

Key Takeaways

Urbanization and trend of nuclear families have been greatly helpful in increasing market share of companion animal drug market.

People have started considering pets as their family member and this led to increase in overall expenditure of a family, as a result this benefitted the companion market.

Increase in rising pet diseases have provided the industry with a positive push to manufacture more companion drugs to meet the demand

Industrial growth can likely be attributed to a rise food-borne and zoonotic diseases.

Increase in per capita income of urban population, have enabled people to take better care of their pets by means of diagnosis, vaccination, mitigation, and treatment of diseases such as kidney diseases, heartworms and Lyme diseases, which resulted in giving a boost for companion animal specialty drug market share.

COVID-19 had a positive impact on pet adoption rate, with a rise of 50% each year

Technological advancement has been a strong driving factor in market progression of companion animal drug market

Competitive Landscape

Extensive mergers and acquisitions, product portfolios, geographical expansions, and collaborative research initiatives are some of the strategies undertaken by the leading players. Established players in this market have made alliances with different companies to increase their market reach and social media presence. Some well-established players in the US companion animal drug specialty market are:

Merck Animal Health

Elanco

Zoetis

Vetiquinol S.A.

Virbac, Inc.

Norbrook Inc.

Dechra Pharmaceuticals

Patterson Companies, Inc.

Vedco Inc.

Covetrus

MWI Animal Health

Nutramax Laboratories Veterinary Sciences, Inc.

Ellevet Sciences

Recent Developments

In 2017, Zoetis emerged as a leading player with the highest share of compassion animal specialty drugs, as the company has a considerable and significant market presence, a diverse portfolio of product offerings, and an acute strategic perspective which includes M&As, such as the acquisition of Abaxis in 2018.

In July 2019, Zoetis and Colorado state university made an agreement to establish a research lab for the development of immunotherapies for veterinary patients.

In August 2020, Elanco Animal Health Incorporatedannounced that it has acquired Bayer Animal Health. The transaction was valued at USD 6.89 billion. This development helped the company to expand itself in the durable animal health industry.

Key Segments in the Companion Animal Specialty Drugs Market:

By Product:

Antibiotics

Anti-Inflammatory Drugs

Parasiticides

Heartworm

Behavioral Products

Nutritional Products

Anti-Obesity Drugs

Skin Care Products

Vaccines

By Distribution Channel:

Modern Trade

Online Distribution

Neighborhood Stores

Other Retail Format

By Region:

North America

Latin America

Asia Pacific

Middle East & Africa (MEA)

Europe

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Animal Nutrition Market SWOT Analysis (2024-2030)

According to HTF Market Intelligence, theGlobal Animal Nutrition market to witness a CAGR of 3.5% during forecast period of 2024-2030. EMEA Animal Nutrition Market Breakdown by Application (Veterinarians, Animal Feed Manufacturers, Households, Farms, Other) by Type (Amino Acids, Carotenoids, Minerals, Lipids, Vitamins, Pet Food) by Species (Poultry, Ruminant, Aquaculture, Swine, Others) and by Geography (Germany, France, Italy, United Kingdom, Nordics, Rest of Europe). The Animal Nutrition market size is estimated to increase by USD      Billion at a CAGR of 3.5% from 2024 to 2030.. Currently, market value is pegged at USD 40.74 Billion.

Get Detailed TOC and Overview of Report @

Animal nutrition involves providing animals with the appropriate nutrients to maintain health, promote growth, and support specific functions. This applies to both livestock and pets.

Some of the key players profiled in the study are Cargill (United States), DSM (Netherlands), Nutreco (Netherlands), Evonik (Germany), Alltech (United States), Kemin Industries (United States), Adisseo (France), BASF SE (Germany), Novozymes (Denmark), Perstorp (Sweden).    

Book Latest Edition of Global Animal Nutrition Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=6961

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