ペットフード原料市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年2月

Pet Food Ingredients Market – Global Forecast to 2028

ペットフード原料市場 : 原材料(肉と肉製品、シリアル、野菜と果物油脂、添加物)、原料(動物由来、植物由来、合成)、ペット(犬、猫、魚)、形態と地域別 – 2028年までの世界予測
Pet Food Ingredients Market by Ingredient (Meat & Meat Products Cereals, Vegetables & Fruits Fats, and Additives), Source (Animal-Based, Plant Derivatives, and Synthetic), Pet (Dogs, Cats, and Fish), Form and Region – Global Forecast to 2028

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Report Overview

The global market for pet food ingredients is estimated at USD 34.2 billion in 2023 and is projected to reach USD 47.4 billion by 2028, at a CAGR of 6.8% during the forecast period.

ペットフード原料の世界市場は、2023 年に 342 億米ドルと推定され、予測期間中の CAGR は 6.8% で、2028 年までに 474 億米ドルに達すると予測されています。

Mirroring trends in human food, there is an increasing emphasis on health and wellness in pet nutrition. Pet owners are actively looking for ingredients that promote overall well-being and longevity, and address specific health requirements of their pets. The global surge in pet ownership, especially in urban settings, plays a pivotal role as more individuals adopt pets, leading to a heightened demand for both pet food and its constituent ingredients.    

ペットフード原料市場 : 2028年までの世界予測


“Pet ownership boom fuels demand for high-quality ingredients.”   
The surge in pet ownership, particularly in urban areas, has led to a paradigm shift in pet nutrition trends. Pet owners are now regarding their animals as integral family members, sparking a growing demand for higher-quality and diverse pet food ingredients. This shift towards a more family-centric approach is evident in the willingness of pet owners to invest in premium and specialty pet foods that boast innovative and superior ingredients. Consequently, this increased demand for premiumization is driving manufacturers to revamp their ingredient formulations, ushering in a new era of pet nutrition. The industry is witnessing a transformation as consumers seek out pet foods that contribute not only to the overall well-being and longevity of their pets but also address specific health needs.  

ペットフード原料市場 : 2028年までの世界予測 ecosystem


“In 2022, plant derivatives stood as the second-largest segment within the by source of pet food ingredients. “  
Pet caregivers are becoming more attuned to potential allergies and sensitivities in their pets, driving a preference for plant-based ingredients that offer alternatives to common allergens present in animal-based products. The ethical considerations of pet owners regarding the sourcing of ingredients for pet food are on the rise. Plant-derived sources are frequently seen as more ethical, resulting in a notable shift in consumer preferences. In response to pet owners seeking diverse options to meet their pets’ tastes and preferences, manufacturers are incorporating plant-derived ingredients to introduce a broad spectrum of flavors and textures in pet food.   


“Within the ingredients segment, Meat and Meat Products segment holds the most substantial share.”
The dominance of meat and meat products in the pet food ingredient segment is primarily propelled by their rich composition of essential nutrients, including proteins, vitamins, and minerals crucial for the comprehensive health and well-being of pets. The inherent palatability of meat enhances the overall appeal of pet food, as its taste and aroma contribute to increased acceptance by pets, promoting better consumption and fulfilling their dietary requirements. With a high biological value, the protein in meat provides a well-balanced and complete profile of essential amino acids, making it a remarkably efficient source of protein that supports pets’ growth and muscle development. Considering the carnivorous nature of many pets, especially dogs and cats, a meat-based diet aligns seamlessly with their dietary preferences and nutritional necessities, rendering it a popular and effective choice in formulating pet food.

“The pet food ingredients market in Europe is anticipated to maintain consistent growth throughout the forecast period.” 
In Europe, the pet food ingredients market is expected to sustain steady growth over the forecast period. According to FEDIAF, an organization that annually reviews member association data on market and population trends, their latest report affirms robust growth in pet ownership. Approximately 46% of European households, totaling 91 million, own one or more of the region’s 340 million pets. This rise in pet ownership is reflected in the market, which has now reached a value of USD 30.60 billion euros. The correlation between the increasing number of pet-owning households and the expanding market underscores a positive trend in the European pet food industry, indicating a consistent and healthy growth trajectory.  
The Break-up of Primaries:
By Company Type: Tier 1 – 30%, Tier 2 – 45%, Tier 3 – 25%
By Designation: CXOs – 25%, Managers – 50%, Executives – 25%
By Region: North America – 25%, Europe – 30%, APAC – 35%, RoW – 10%

ペットフード原料市場 : 2028年までの世界予測 region


Key players in this market include BASF SE (Germany), Darling Ingredients Inc (US), Cargill, Incorporated (US), Ingredion (US), DSM (Netherlands), Omega Protein Corporation (US), ADM (US), Kemin Industries, Inc (US), Chr. Hansen Holding A/S (Denmark), Roquette Frères (France), The Scoular Company (US), Symrise (Germany), Mowi (Norway), Lallemand Inc. (Canada), and Phileo by Lesaffre (France). 

Research Coverage:
The report segments the pet food ingredients market based on form, pet, ingredient, source, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the pet food ingredients market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services, key strategies, Contracts, partnerships, and agreements. New product launches, mergers and acquisitions, and recent developments associated with the pet food ingredients market. Competitive analysis of upcoming startups in the pet food ingredients market ecosystem is covered in this report. 


Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall pet food ingredients market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (Increase in pet expenditure with a substantial rise in pet food expenditure, switch from mass products to organic pet food ingredients, and acceptance of insect-based protein and oil by pet owners), restraints (non-uniformity of regulations hindering international trade and limited availability of ingredients and price sensitivity) opportunities (use of cannabis in pet food, technological advancements to enhance product development, and shift in focus toward natural and grain-free products), and challenges (capital investments for equipment, threat from counterfeit products, and oxidation in pet food palatability).     
• Product Development/Innovation: Detailed insights on, research & development activities, and new product launches in the pet food ingredients market.  
• Market Development: Comprehensive information about lucrative markets – the report analyses the pet food ingredients market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the pet food ingredients market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like BASF SE (Germany), Darling Ingredients Inc (US), Cargill, Incorporated (US), Ingredion (US), DSM (Netherlands), Omega Protein Corporation (US), ADM (US), Kemin Industries, Inc (US), Chr. Hansen Holding A/S (Denmark), Roquette Frères (France), The Scoular Company (US), Symrise (Germany), Mowi (Norway), Lallemand Inc. (Canada), Phileo by Lesaffre (France), 3D Corporate Solutions (US), Hydrite Chemical (US), AFB International (US), Gillco Ingredients (US), SARIA International GmbH  (Germany), Green Source Organics (US), Biorigin (Brazil), Zinpro (US), APS Phoenix LLC (US), and LaBudde Group Inc (US) among others in the pet food ingredients market.

Table of Contents

1            INTRODUCTION            30

1.1         STUDY OBJECTIVES      30

1.2         MARKET DEFINITION   30

1.3         STUDY SCOPE  31

FIGURE 1           MARKET SEGMENTATION         31

1.3.1      INCLUSIONS AND EXCLUSIONS 31

1.3.2      REGIONS COVERED      32

1.3.3      YEARS CONSIDERED     32

1.4         CURRENCY CONSIDERED          33

TABLE 1             USD EXCHANGE RATES CONSIDERED, 2018–2023            33

1.5         UNITS CONSIDERED     33

1.6         STAKEHOLDERS            34

1.7         SUMMARY OF CHANGES            34

2            RESEARCH METHODOLOGY     35

2.1         RESEARCH DATA           35

FIGURE 2           PET FOOD INGREDIENTS MARKET: RESEARCH DESIGN 35

2.1.1      SECONDARY DATA       36

2.1.1.1   Key data from secondary sources     36

2.1.2      PRIMARY DATA 36

2.1.2.1   Key data from primary sources         37

2.1.2.2   Breakdown of primaries     37

2.1.2.3   Key primary insights          38

2.2         MARKET SIZE ESTIMATION       38

2.2.1      APPROACH ONE–BOTTOM-UP 39

FIGURE 3           PET FOOD INGREDIENTS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH           39

2.2.2      APPROACH TWO–TOP-DOWN  40

FIGURE 4           PET FOOD INGREDIENTS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH        40

2.2.3      PET FOOD INGREDIENTS MARKET SIZE ESTIMATION: SUPPLY SIDE              41

FIGURE 5           PET FOOD INGREDIENTS MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS 41

2.2.4      PET FOOD INGREDIENTS MARKET SIZE ESTIMATION: DEMAND SIDE              42

FIGURE 6           PET FOOD INGREDIENTS MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS           42

2.3         DATA TRIANGULATION             43

FIGURE 7           DATA TRIANGULATION METHODOLOGY         43

2.4         RESEARCH ASSUMPTIONS         44

2.5         RESEARCH LIMITATIONS & ASSOCIATED RISKS 44

2.6         RECESSION IMPACT ON PET FOOD INGREDIENTS MARKET      45

2.6.1      MACRO INDICATORS OF RECESSION    45

FIGURE 8           INDICATORS OF RECESSION     45

FIGURE 9           WORLD INFLATION RATE, 2011–2021     46

FIGURE 10         GLOBAL GDP, 2011–2021 (USD TRILLION)          46

FIGURE 11         RECESSION INDICATORS AND THEIR IMPACT ON PET FOOD INGREDIENTS MARKET 48

FIGURE 12         GLOBAL PET FOOD INGREDIENTS MARKET: EARLIER FORECAST VS. RECESSION FORECAST  49

3            EXECUTIVE SUMMARY 50

TABLE 2             PET FOOD INGREDIENTS MARKET SNAPSHOT, 2023 VS. 2028              51

FIGURE 13         PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023 VS. 2028 (USD MILLION)     52

FIGURE 14         PET FOOD INGREDIENTS MARKET, BY PET, 2023 VS. 2028 (USD MILLION)          52

FIGURE 15         PET FOOD INGREDIENTS MARKET, BY FORM, 2023 VS. 2028              53

FIGURE 16         PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 53

FIGURE 17         PET FOOD INGREDIENTS MARKET: REGIONAL SNAPSHOT              54

4            PREMIUM INSIGHTS      55

4.1         ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN PET FOOD INGREDIENTS MARKET 55

FIGURE 18         INCREASING ADOPTION OF PETS AND RISING PET HUMANIZATION TREND TO PROPEL GROWTH 55

4.2         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY KEY COUNTRY AND SOURCE            56

FIGURE 19         US AND ANIMAL-BASED SOURCE ACCOUNTED FOR LARGEST SHARES IN NORTH AMERICAN MARKET IN 2022 56

4.3         PET FOOD INGREDIENTS MARKET, BY PET       56

FIGURE 20         DOGS PET SEGMENT TO LEAD DURING FORECAST PERIOD              56

4.4         PET FOOD INGREDIENTS MARKET, BY INGREDIENT     57

FIGURE 21         MEAT & MEAT PRODUCTS INGREDIENTS TO LEAD DURING FORECAST PERIOD       57

4.5         PET FOOD INGREDIENTS MARKET, BY FORM    57

FIGURE 22         DRY FORM SEGMENT TO LEAD DURING FORECAST PERIOD              57

4.6         PET FOOD INGREDIENTS MARKET, BY SOURCE              58

FIGURE 23         ANIMAL-BASED SOURCE SEGMENT TO LEAD DURING FORECAST PERIOD       58

FIGURE 24         MARKETS IN CHINA, MEXICO, AND ARGENTINA TO GROW AT HIGHEST RATES DURING FORECAST PERIOD   58

5            MARKET OVERVIEW     59

5.1         INTRODUCTION            59

5.2         MACROECONOMIC FACTORS   59

5.2.1      INCREASE IN PET ADOPTION AMONG URBAN POPULATION     59

5.2.2      INCREASING TREND OF HUMANIZATION OF PETS TO DRIVE DEMAND FOR PREMIUM PET PRODUCTS 59

FIGURE 25         PERCENTAGE OF PET OWNERS GIVING TREATS TO THEIR PETS, BY PET TYPE, 2018–2022   60

5.3         MARKET DYNAMICS     60

FIGURE 26         PET FOOD INGREDIENTS: MARKET DYNAMICS 60

5.3.1      DRIVERS            61

5.3.1.1   Increase in pet expenditure along with a substantial rise in pet food expenditure              61

FIGURE 27         US PET INDUSTRY EXPENDITURE, 2018–2022 (USD BILLION)              61

FIGURE 28         GLOBAL POPULATION VS. ANIMAL PROTEIN PRODUCTION, 1990–2030          61

5.3.1.2   Preference for organic pet food ingredients    61

5.3.1.3   Acceptance of insect-based protein and oil by pet owners          62

5.3.2      RESTRAINTS     63

5.3.2.1   Non-uniformity of regulations hindering international trade      63

5.3.2.2   Limited availability of ingredients and price sensitivity 63

5.3.3      OPPORTUNITIES           64

5.3.3.1   Increase in pet humanization trend  64

FIGURE 29         ATTITUDE TOWARD PETS, PERCENTAGE OF US POPULATION AS OF MAY 2022              64

5.3.3.2   Technological advancements to enhance product development  64

5.3.3.3   Shift in focus toward natural and grain-free products   65

FIGURE 30         SALES GROWTH OF PET SUPPLEMENTS IN US, 2022       66

FIGURE 31         MAJOR BUYING FACTORS FOR PET FOOD, PERCENTAGE OF POPULATION IN CHINA AS OF APRIL 2021          66

5.3.4      CHALLENGES   66

5.3.4.1   Capital investments for equipment   66

5.3.4.2   Threat from counterfeit products     67

5.3.4.3   Oxidation in pet food palatability     67

6            INDUSTRY TRENDS       68

6.1         INTRODUCTION            68

6.2         VALUE CHAIN ANALYSIS            68

6.2.1      RESEARCH AND PRODUCT DEVELOPMENT      68

6.2.2      RAW MATERIAL SOURCING       68

6.2.3      PRODUCTION AND PROCESSING           69

6.2.4      DISTRIBUTION 69

6.2.5      MARKETING & SALES    69

FIGURE 32         VALUE CHAIN ANALYSIS OF PET FOOD INGREDIENTS MARKET              69

6.3         SUPPLY CHAIN ANALYSIS          70

FIGURE 33         PET FOOD INGREDIENTS MARKET: SUPPLY CHAIN       70

6.4         TECHNOLOGY ANALYSIS           70

6.4.1      NEXT-GENERATION PROTEIN FOR PET FOOD INGREDIENTS    70

6.5         PRICE ANALYSIS: PET FOOD INGREDIENTS MARKET     71

6.5.1      AVERAGE SELLING PRICE, BY TYPE       71

FIGURE 34         AVERAGE SELLING PRICE, BY INGREDIENT, 2020–2022 (USD/TON)       71

TABLE 3             MEAT & MEAT PRODUCTS: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON) 71

TABLE 4             CEREALS: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON)            72

TABLE 5             VEGETABLES & FRUITS: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON) 72

TABLE 6             FATS: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD/TON)       72

TABLE 7             ADDITIVES: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD/TON)       72

6.6         MARKET MAPPING AND ECOSYSTEM OF PET FOOD INGREDIENTS MARKET            73

6.6.1      DEMAND SIDE  73

6.6.2      SUPPLY SIDE    73

FIGURE 35         PET FOOD INGREDIENTS: MARKET MAP            73

FIGURE 36         PET FOOD INGREDIENTS ECOSYSTEM MAPPING           74

TABLE 8             PET FOOD INGREDIENTS MARKET: SUPPLY CHAIN (ECOSYSTEM)  74

6.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       75

FIGURE 37         REVENUE SHIFT FOR PET FOOD INGREDIENTS MARKET              75

6.8         PET FOOD INGREDIENTS MARKET: PATENT ANALYSIS 76

FIGURE 38         PATENTS GRANTED: PET FOOD INGREDIENTS MARKET, 2012–2022      76

FIGURE 39         REGIONAL ANALYSIS OF PATENTS GRANTED: PET FOOD INGREDIENTS MARKET, 2012–2022         77

TABLE 9             PATENTS PERTAINING TO PET FOOD INGREDIENTS, 2020–2022      77

6.9         TRADE DATA: PET FOOD INGREDIENTS MARKET          78

TABLE 10           IMPORT DATA OF DOG OR CAT FOOD, BY KEY COUNTRY, 2022 (VALUE AND VOLUME) 78

TABLE 11           EXPORT DATA OF DOG OR CAT FOOD, BY KEY COUNTRY, 2022 (VALUE AND VOLUME) 79

6.10       PORTER’S FIVE FORCES ANALYSIS         80

TABLE 12           PET FOOD INGREDIENTS MARKET: PORTER’S FIVE FORCES ANALYSIS          80

6.10.1    INTENSITY OF COMPETITIVE RIVALRY 81

6.10.2    BARGAINING POWER OF SUPPLIERS     81

6.10.3    BARGAINING POWER OF BUYERS           81

6.10.4    THREAT OF SUBSTITUTES         81

6.10.5    THREAT OF NEW ENTRANTS    81

6.11       CASE STUDIES  82

6.11.1    ADM: PET FOOD INGREDIENTS FOR DOGS AND CATS  82

6.11.2    GILLCO INGREDIENTS: ENHANCING EMULSIFICATION AND WATER-HOLDING IN DOG FOOD KIBBLE TOPPER WITH CITRI-FI CITRUS FIBER              82

6.12       KEY CONFERENCES AND EVENTS          83

TABLE 13           KEY CONFERENCES AND EVENTS IN PET FOOD INGREDIENTS MARKET, 2023–2024       83

6.13       TARIFF AND REGULATORY LANDSCAPE            84

TABLE 14           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         84

TABLE 15           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         84

TABLE 16           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         84

6.13.1    NORTH AMERICA          85

6.13.1.1 United States (US)            85

6.13.1.2 Association of American Feed Control Officials (AAFCO)        85

6.13.2    EUROPEAN UNION        85

6.13.3    ASIA PACIFIC    86

6.13.3.1 China     86

6.13.3.2 Japan     86

TABLE 17           PERMITTED LEVEL OF SUBSTANCES IN PET FOOD        87

TABLE 18           STANDARDS FOR PET FOOD MANUFACTURERS             87

6.13.3.3 India      88

6.13.4    SOUTH AFRICA 88

6.13.5    INTERNATIONAL FEED INDUSTRY FEDERATION           88

6.14       KEY STAKEHOLDERS AND BUYING CRITERIA    88

FIGURE 40         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INGREDIENTS        89

6.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         89

TABLE 19           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INGREDIENTS        89

6.14.2    BUYING CRITERIA         90

TABLE 20           KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS  90

FIGURE 41         KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS  90

7            PET FOOD INGREDIENTS MARKET, BY INGREDIENT     91

7.1         INTRODUCTION            92

FIGURE 42         PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023 VS. 2028      92

TABLE 21           PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (USD MILLION) 93

TABLE 22           PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (USD MILLION) 93

TABLE 23           PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (KT)      93

TABLE 24           PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (KT)      94

7.2         MEAT & MEAT PRODUCTS         94

7.2.1      HEALTH BENEFITS AND MULTIFUNCTIONALITY TO DRIVE MARKET              94

TABLE 25           MEAT & MEAT PRODUCTS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)  94

TABLE 26           MEAT & MEAT PRODUCTS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)  95

TABLE 27           MEAT & MEAT PRODUCTS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (KT)       95

TABLE 28           MEAT & MEAT PRODUCTS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (KT)       95

TABLE 29           MEAT & MEAT PRODUCTS: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 96

TABLE 30           MEAT & MEAT PRODUCTS: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 96

7.2.2      DEBONED MEAT           96

TABLE 31           DEBONED MEAT: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       97

TABLE 32           DEBONED MEAT: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       97

7.2.3      MEAT MEAL      98

TABLE 33           MEAT MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          98

TABLE 34           MEAT MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          98

7.2.4      BY-PRODUCT MEAL      99

TABLE 35           BY-PRODUCT MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       99

TABLE 36           BY-PRODUCT MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       99

7.2.5      ANIMAL DIGEST            100

TABLE 37           ANIMAL DIGEST: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       100

TABLE 38           ANIMAL DIGEST: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       100

7.3         CEREALS           101

7.3.1      RICH CARBOHYDRATE CONTENT AND ENERGY-BOOSTING PROPERTIES TO DRIVE MARKET            101

FIGURE 43         SHARE OF CEREALS ALLOCATED TO FOOD, FEED, OR PROCESSING, BY COUNTRY, 2020           101

TABLE 39           CEREALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          102

TABLE 40           CEREALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          102

TABLE 41           CEREALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (KT) 102

TABLE 42           CEREALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (KT) 103

TABLE 43           CEREALS: PET FOOD INGREDIENTS MARKET, BY TYPE, 2019–2022 (USD MILLION)     103

TABLE 44           CEREALS: PET FOOD INGREDIENTS MARKET, BY TYPE, 2023–2028 (USD MILLION)     103

7.3.2      CORN & CORNMEAL     104

TABLE 45           CORN & CORN MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       104

TABLE 46           CORN & CORN MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       104

7.3.3      WHEAT & WHEATMEAL 105

TABLE 47           WHEAT & WHEAT MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)  105

TABLE 48           WHEAT & WHEAT MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)  105

7.3.4      BARLEY             106

TABLE 49           BARLEY: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     106

TABLE 50           BARLEY: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     106

7.3.5      RICE     107

TABLE 51           RICE: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     107

TABLE 52           RICE: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     107

7.3.6      OTHER CEREALS           108

TABLE 53           OTHER CEREALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       108

TABLE 54           OTHER CEREALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       108

7.4         VEGETABLES & FRUITS 109

7.4.1      BENEFITS TO DIGESTIVE HEALTH AND ASSURANCE OF OPTIMAL NUTRITION TO DRIVE MARKET             109

TABLE 55           VEGETABLES & FRUITS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       109

TABLE 56           VEGETABLES & FRUITS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       109

TABLE 57           VEGETABLES & FRUITS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (KT)             110

TABLE 58           VEGETABLES & FRUITS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (KT)             110

TABLE 59           VEGETABLES & FRUITS: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)     110

TABLE 60           VEGETABLES & FRUITS: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)     111

7.4.2      FRUITS 111

TABLE 61           FRUITS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     111

TABLE 62           FRUITS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     112

7.4.3      POTATOES       112

TABLE 63           POTATOES: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          112

TABLE 64           POTATOES: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          113

7.4.4      CARROTS          113

TABLE 65           CARROTS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          113

TABLE 66           CARROTS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          114

7.4.5      SOY & SOY MEAL           114

TABLE 67           SOY & SOY MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       114

TABLE 68           SOY & SOY MEAL: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       115

7.4.6      PEA       115

TABLE 69           PEA: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION) 115

TABLE 70           PEA: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION) 116

7.5         FATS     116

7.5.1      RICH OMEGA-3 FATTY ACID CONTENT AND PROPERTIES OF BOOSTING IMMUNITY AND SKIN HEALTH IN PETS TO DRIVE MARKET 116

TABLE 71           FATS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     117

TABLE 72           FATS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     117

TABLE 73           FATS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (KT)           117

TABLE 74           FATS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (KT)           118

TABLE 75           FATS: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)     118

TABLE 76           FATS: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)     118

7.5.2      FISH OIL            119

TABLE 77           FISH OIL: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     119

TABLE 78           FISH OIL: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     119

7.5.3      TALLOW           120

TABLE 79           TALLOW: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          120

TABLE 80           TALLOW: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          120

7.5.4      LARD    121

TABLE 81           LARD: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     121

TABLE 82           LARD: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     121

7.5.5      POULTRY FAT  122

TABLE 83           POULTRY FAT: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          122

TABLE 84           POULTRY FAT: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          122

7.5.6      VEGETABLE OIL            123

TABLE 85           VEGETABLE OIL: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       123

TABLE 86           VEGETABLE OIL: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       123

7.6         ADDITIVES       124

7.6.1      RISING FOCUS ON PET WELLNESS AND HEALTH BENEFITS TO DRIVE MARKET            124

TABLE 87           ADDITIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          124

TABLE 88           ADDITIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          125

TABLE 89           ADDITIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (KT) 125

TABLE 90           ADDITIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (KT) 125

TABLE 91           ADDITIVES: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)          126

TABLE 92           ADDITIVES: PET FOOD INGREDIENTS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)          126

7.6.2      VITAMINS & MINERALS 126

TABLE 93           VITAMINS & MINERALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       127

TABLE 94           VITAMINS & MINERALS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       127

7.6.3      ENZYMES          127

TABLE 95           ENZYMES: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          128

TABLE 96           ENZYMES: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          128

7.6.4      OTHER ADDITIVES       129

TABLE 97           OTHER ADDITIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       129

TABLE 98           OTHER ADDITIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       129

8            PET FOOD INGREDIENTS MARKET, BY PET       130

8.1         INTRODUCTION            131

FIGURE 44         NUMBER OF US HOUSEHOLDS THAT OWN A PET (2023–2024)              131

FIGURE 45         PET FOOD INGREDIENTS MARKET, BY PET, 2023 VS. 2028              132

TABLE 99           PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          132

TABLE 100         PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          132

8.2         DOGS   133

8.2.1      HIGH ADOPTION RATE TO PRESENT ATTRACTIVE MARKET FOR PLAYERS           133

TABLE 101         DOGS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     133

TABLE 102         DOGS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     134

8.3         CATS    134

8.3.1      HIGHER NUTRITIONAL REQUIREMENTS OF CATS TO DRIVE MARKET              134

TABLE 103         LIST OF VITAMINS AND THEIR RELEVANCE      135

TABLE 104         CATS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     136

TABLE 105         CATS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     136

8.4         FISH      136

8.4.1      LOWER MAINTENANCE COST AND HIGH ADOPTION RATE TO DRIVE MARKET            136

TABLE 106         FISH: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)     137

TABLE 107         FISH: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)     137

8.5         OTHER PETS     138

TABLE 108         OTHER PETS: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          138

TABLE 109         OTHER PETS: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          138

9            PET FOOD INGREDIENTS MARKET, BY SOURCE              139

9.1         INTRODUCTION            140

FIGURE 46         PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023 VS. 2028              140

TABLE 110         PET FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 140

TABLE 111         PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 141

9.2         ANIMAL-BASED             141

9.2.1      HEALTH ADVANTAGES, HIGHER FEED INTAKE, AND GREATER ACCEPTANCE AMONG PETS TO BOOST DEMAND          141

TABLE 112         ANIMAL-BASED: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       142

TABLE 113         ANIMAL-BASED: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       142

9.3         PLANT DERIVATIVES    142

9.3.1      RISING TREND OF VEGANISM AND SURGING POPULARITY OF VEGAN PET FOOD PRODUCTS TO DRIVE MARKET        142

TABLE 114         PLANT DERIVATIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       143

TABLE 115         PLANT DERIVATIVES: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       143

9.4         SYNTHETIC      144

9.4.1      MULTIFUNCTIONALITY OF SYNTHETIC PET FOOD INGREDIENTS AND RISING FOCUS ON HEALTH & WELLNESS TO DRIVE MARKET         144

TABLE 116         SYNTHETIC: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)          144

TABLE 117         SYNTHETIC: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)          144

10          PET FOOD INGREDIENTS MARKET, BY FORM    145

10.1       INTRODUCTION            146

FIGURE 47         PET FOOD INGREDIENTS MARKET, BY FORM, 2023 VS. 2028              146

TABLE 118         PET FOOD INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)          146

TABLE 119         PET FOOD INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)          147

10.2       DRY      147

10.2.1    COST-EFFECTIVENESS AND HIGH NUTRIENT CONTENT TO BOOST MARKET            147

TABLE 120         DRY PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION) 148

TABLE 121         DRY PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION) 148

10.3       WET     148

10.3.1    HIGHER ACCEPTABILITY AMONG PET OWNERS TO DRIVE MARKET              148

TABLE 122         WET PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION) 149

TABLE 123         WET PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION) 149

11          PET FOOD INGREDIENTS MARKET, BY NATURE             150

11.1       INTRODUCTION            150

11.2       ORGANIC          150

11.2.1    BENEFITS ASSOCIATED WITH ORGANIC PET FOOD INGREDIENTS AND GOVERNMENT POLICIES TO FUEL DEMAND         150

11.3       INORGANIC      151

11.3.1    RISING DEMAND FOR INORGANIC PET FOOD PRODUCTS TO DRIVE MARKET            151

12          PET FOOD INGREDIENTS MARKET, BY REGION 152

12.1       INTRODUCTION            153

FIGURE 48         CHINA TO RECORD FASTEST GROWTH IN GLOBAL PET FOOD INGREDIENTS MARKET 154

TABLE 124         PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION) 154

TABLE 125         PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION) 155

TABLE 126         PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (KT)              155

TABLE 127         PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (KT)              155

12.2       NORTH AMERICA          156

12.2.1    NORTH AMERICA: RECESSION IMPACT 156

FIGURE 49         NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2017–2022      157

FIGURE 50         NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2023 157

FIGURE 51         NORTH AMERICA: PET FOOD INGREDIENTS MARKET SNAPSHOT        158

TABLE 128         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    158

TABLE 129         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    159

TABLE 130         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)           159

TABLE 131         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)           159

TABLE 132         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          159

TABLE 133         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          160

TABLE 134         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (USD MILLION)             160

TABLE 135         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (USD MILLION)             160

TABLE 136         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (KT)    161

TABLE 137         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (KT)    161

TABLE 138         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2019–2022 (USD MILLION)       161

TABLE 139         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2023–2028 (USD MILLION)       162

TABLE 140         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2019–2022 (USD MILLION)          162

TABLE 141         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2023–2028 (USD MILLION)          162

TABLE 142         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2019–2022 (USD MILLION)             163

TABLE 143         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2023–2028 (USD MILLION)             163

TABLE 144         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2019–2022 (USD MILLION)   163

TABLE 145         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2023–2028 (USD MILLION)   164

TABLE 146         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2019–2022 (USD MILLION)      164

TABLE 147         NORTH AMERICA: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2023–2028 (USD MILLION)      164

TABLE 148         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2022 (USD MILLION)       165

TABLE 149         NORTH AMERICA: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023–2028 (USD MILLION)       165

12.2.2    US         165

12.2.2.1 Rising pet adoption rate to present significant business opportunities for pet food ingredient manufacturers   165

FIGURE 52         NUMBER OF US HOUSEHOLDS THAT OWN A PET (IN MILLIONS), 2023            166

FIGURE 53         TOTAL US PET INDUSTRY EXPENDITURE, 2018–2022     166

TABLE 150         US: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          166

TABLE 151         US: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          167

12.2.3    CANADA            167

12.2.3.1 Increased spending on health-focused pet products to drive market         167

FIGURE 54         CANADIAN DOMESTIC EXPORTS OF PET FOOD (USD MILLION): TOP 10 MARKETS IN 2022      168

TABLE 152         CANADA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)     168

TABLE 153         CANADA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)     168

12.2.4    MEXICO             169

12.2.4.1 Rising awareness about healthier nutritional alternatives for pets, coupled with key player investments in pet food, to drive market            169

TABLE 154         MEXICO: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 169

TABLE 155         MEXICO: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 169

12.3       ASIA PACIFIC    170

FIGURE 55         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET SNAPSHOT              171

12.3.1    ASIA PACIFIC: RECESSION IMPACT        171

FIGURE 56         ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2017–2022              172

FIGURE 57         ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2022 VS. 2023              172

TABLE 156         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    173

TABLE 157         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    173

TABLE 158         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)          173

TABLE 159         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)          174

TABLE 160         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          174

TABLE 161         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          174

TABLE 162         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (USD MILLION)             174

TABLE 163         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (USD MILLION)             175

TABLE 164         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (KT)    175

TABLE 165         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (KT)    175

TABLE 166         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2019–2022 (USD MILLION)        176

TABLE 167         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2023–2028 (USD MILLION)        176

TABLE 168         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2019–2022 (USD MILLION)          176

TABLE 169         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2023–2028 (USD MILLION)          177

TABLE 170         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2019–2022 (USD MILLION)             177

TABLE 171         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2023–2028 (USD MILLION)             177

TABLE 172         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2019–2022 (USD MILLION)     178

TABLE 173         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2023–2028 (USD MILLION)     178

TABLE 174         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2019–2022 (USD MILLION)      178

TABLE 175         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2023–2028 (USD MILLION)      179

TABLE 176         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2022 (USD MILLION)          179

TABLE 177         ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023–2028 (USD MILLION)          179

12.3.2    CHINA  179

12.3.2.1 Increasing spending on pet nutrition and health to drive market 179

FIGURE 58         CHINA’S IMPORT OF PET FOOD, BY VALUE, 2017–2021 AND 2022 (JANUARY–NOVEMBER)     180

FIGURE 59         PET POPULATION IN CHINA, 2016–2022 181

TABLE 178         CHINA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 181

TABLE 179         CHINA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 181

12.3.3    JAPAN  182

12.3.3.1 Rising focus on protein-rich ingredients and health and nutrition of pet animals to drive market        182

TABLE 180         JAPAN: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 182

TABLE 181         JAPAN: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 183

12.3.4    INDIA   183

12.3.4.1 Emerging middle-class population and improving economic conditions to boost market   183

TABLE 182         INDIA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 184

TABLE 183         INDIA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 184

12.3.5    AUSTRALIA & NEW ZEALAND   184

12.3.5.1 Rising spending on pets to drive pet food ingredients market     184

FIGURE 60         EXPENSES ON PETS IN AUSTRALIA, 2022             185

TABLE 184         AUSTRALIA & NEW ZEALAND: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)      185

TABLE 185         AUSTRALIA & NEW ZEALAND: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)      185

12.3.6    REST OF ASIA PACIFIC  186

TABLE 186         REST OF ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 186

TABLE 187         REST OF ASIA PACIFIC: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 186

12.4       EUROPE             187

12.4.1    EUROPE: RECESSION IMPACT   187

FIGURE 61         EUROPE: INFLATION RATES, BY KEY COUNTRY, 2017–2022              188

FIGURE 62         EUROPE: RECESSION IMPACT ANALYSIS, 2023   188

TABLE 188         EUROPE: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)          189

TABLE 189         EUROPE: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          189

TABLE 190         EUROPE: PET FOOD INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)     189

TABLE 191         EUROPE: PET FOOD INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)     190

TABLE 192         EUROPE: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 190

TABLE 193         EUROPE: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 190

TABLE 194         EUROPE: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (USD MILLION)          190

TABLE 195         EUROPE: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (USD MILLION)          191

TABLE 196         EUROPE: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (KT) 191

TABLE 197         EUROPE: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (KT) 191

TABLE 198         EUROPE: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2019–2022 (USD MILLION)        192

TABLE 199         EUROPE: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2023–2028 (USD MILLION)        192

TABLE 200         EUROPE: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2019–2022 (USD MILLION)     192

TABLE 201         EUROPE: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2023–2028 (USD MILLION)     193

TABLE 202         EUROPE: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2019–2022 (USD MILLION)         193

TABLE 203         EUROPE: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2023–2028 (USD MILLION)         193

TABLE 204         EUROPE: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2019–2022 (USD MILLION)     194

TABLE 205         EUROPE: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2023–2028 (USD MILLION)     194

TABLE 206         EUROPE: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2019–2022 (USD MILLION) 194

TABLE 207         EUROPE: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2023–2028 (USD MILLION) 195

TABLE 208         EUROPE: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2022 (USD MILLION)     195

TABLE 209         EUROPE: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023–2028 (USD MILLION)     195

12.4.2    GERMANY         195

12.4.2.1 Rising ownership due to pet humanization and emotional support to drive market              195

TABLE 210         GERMANY: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)     196

TABLE 211         GERMANY: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)     196

12.4.3    RUSSIA 197

12.4.3.1 Rising demand for industrially prepared pet food to boost market            197

TABLE 212         RUSSIA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 197

TABLE 213         RUSSIA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 197

12.4.4    UK         198

12.4.4.1 Strategic developments of companies to drive market  198

FIGURE 63         TOP 10 PETS IN UK 2023             199

FIGURE 64         SURVEY OF PET OWNERS: 48% OF UK POPULATION TREATS PET AS FAMILY MEMBER, 2021  199

TABLE 214         UK: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          199

TABLE 215         UK: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          200

12.4.5    FRANCE             200

12.4.5.1 Rising demand for premium and health-oriented pet products to drive market              200

TABLE 216         FRANCE: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 201

TABLE 217         FRANCE: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 201

12.4.6    ITALY   201

12.4.6.1 Large number of investments and expansions to drive market    201

TABLE 218         ITALY: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 202

TABLE 219         ITALY: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 202

12.4.7    REST OF EUROPE           202

TABLE 220         REST OF EUROPE: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          203

TABLE 221         REST OF EUROPE: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          203

12.5       SOUTH AMERICA           203

12.5.1    SOUTH AMERICA: RECESSION IMPACT 204

FIGURE 65         SOUTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2017–2022      204

FIGURE 66         SOUTH AMERICA: RECESSION IMPACT ANALYSIS          204

TABLE 222         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    205

TABLE 223         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    205

TABLE 224         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)           205

TABLE 225         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)           205

TABLE 226         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          206

TABLE 227         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          206

TABLE 228         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (USD MILLION)             206

TABLE 229         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (USD MILLION)             207

TABLE 230         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (KT)    207

TABLE 231         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (KT)    207

TABLE 232         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2019–2022 (USD MILLION)       208

TABLE 233         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2023–2028 (USD MILLION)       208

TABLE 234         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2019–2022 (USD MILLION)          208

TABLE 235         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2023–2028 (USD MILLION)          209

TABLE 236         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2019–2022 (USD MILLION)             209

TABLE 237         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2023–2028 (USD MILLION)             209

TABLE 238         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2019–2022 (USD MILLION)   210

TABLE 239         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2023–2028 (USD MILLION)   210

TABLE 240         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2019–2022 (USD MILLION)      210

TABLE 241         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2023–2028 (USD MILLION)      211

TABLE 242         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2022 (USD MILLION)       211

TABLE 243         SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023–2028 (USD MILLION)       211

12.5.2    BRAZIL 211

12.5.2.1 Rising spending on premium pet food products to boost market 211

FIGURE 67         PET INDUSTRY EXPENDITURE IN BRAZIL, 2022 212

TABLE 244         BRAZIL: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 212

TABLE 245         BRAZIL: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 213

12.5.3    ARGENTINA      213

12.5.3.1 Improved economic conditions and large pet dog population to drive market              213

TABLE 246         ARGENTINA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)     213

TABLE 247         ARGENTINA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)     214

12.5.4    REST OF SOUTH AMERICA         214

TABLE 248         REST OF SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)         214

TABLE 249         REST OF SOUTH AMERICA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)         215

12.6       REST OF THE WORLD   215

12.6.1    REST OF THE WORLD: RECESSION IMPACT       215

FIGURE 68         REST OF THE WORLD: INFLATION RATES, BY KEY COUNTRY, 2017–2022          216

FIGURE 69         REST OF THE WORLD: RECESSION IMPACT ANALYSIS   216

TABLE 250         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION)       216

TABLE 251         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION)       217

TABLE 252         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)           217

TABLE 253         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)           217

TABLE 254         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 217

TABLE 255         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 218

TABLE 256         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (USD MILLION)             218

TABLE 257         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (USD MILLION)             218

TABLE 258         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2019–2022 (KT)    219

TABLE 259         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY INGREDIENT, 2023–2028 (KT)    219

TABLE 260         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2019–2022 (USD MILLION)       219

TABLE 261         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR MEAT & MEAT PRODUCTS, BY SUBTYPE, 2023–2028 (USD MILLION)       220

TABLE 262         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2019–2022 (USD MILLION)          220

TABLE 263         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR CEREALS, BY SUBTYPE, 2023–2028 (USD MILLION)          220

TABLE 264         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2019–2022 (USD MILLION)             221

TABLE 265         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR VEGETABLES & FRUITS, BY SUBTYPE, 2023–2028 (USD MILLION)             221

TABLE 266         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2019–2022 (USD MILLION)   221

TABLE 267         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR FATS, BY SUBTYPE, 2023–2028 (USD MILLION)   222

TABLE 268         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2019–2022 (USD MILLION)      222

TABLE 269         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET FOR ADDITIVES, BY SUBTYPE, 2023–2028 (USD MILLION)      222

TABLE 270         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2022 (USD MILLION)       223

TABLE 271         REST OF THE WORLD: PET FOOD INGREDIENTS MARKET, BY SOURCE, 2023–2028 (USD MILLION)       223

12.6.2    MIDDLE EAST  223

12.6.2.1 Rising pet humanization trend among growing middle-class population to drive market   223

TABLE 272         MIDDLE EAST: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION)          224

TABLE 273         MIDDLE EAST: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION)          224

12.6.3    AFRICA 224

12.6.3.1 Large pet population and rising demand for premium pet food products to drive market   224

TABLE 274         AFRICA: PET FOOD INGREDIENTS MARKET, BY PET, 2019–2022 (USD MILLION) 225

TABLE 275         AFRICA: PET FOOD INGREDIENTS MARKET, BY PET, 2023–2028 (USD MILLION) 225

13          COMPETITIVE LANDSCAPE       226

13.1       KEY PLAYER STRATEGIES/RIGHT TO WIN          226

13.2       MARKET SHARE ANALYSIS, 2022             226

TABLE 276         PET FOOD INGREDIENTS MARKET: DEGREE OF COMPETITION, 2022     227

TABLE 277         OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS              227

13.3       REVENUE ANALYSIS      228

FIGURE 70         REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD BILLION)           228

13.4       COMPANY EVALUATION MATRIX (KEY PLAYERS), 2022 229

13.4.1    STARS  229

13.4.2    EMERGING LEADERS    229

13.4.3    PERVASIVE PLAYERS     229

13.4.4    PARTICIPANTS 230

FIGURE 71         PET FOOD INGREDIENTS MARKET: COMPANY EVALUATION MATRIX, 2022    230

13.4.5    PET FOOD INGREDIENTS MARKET: PRODUCT FOOTPRINT (KEY PLAYERS)          231

TABLE 278         COMPANY FOOTPRINT, BY FORM (KEY PLAYERS)          231

TABLE 279         COMPANY FOOTPRINT, BY PET (KEY PLAYERS)             231

TABLE 280         COMPANY FOOTPRINT, BY REGION (KEY PLAYERS)      232

TABLE 281         OVERALL COMPANY FOOTPRINT (KEY PLAYERS)          233

13.5       STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION MATRIX, 2022      233

13.5.1    PROGRESSIVE COMPANIES       233

13.5.2    RESPONSIVE COMPANIES          233

13.5.3    DYNAMIC COMPANIES 234

13.5.4    STARTING BLOCKS       234

FIGURE 72        PET FOOD INGREDIENTS MARKET: SME EVALUATION MATRIX, 2022 (OTHER PLAYERS) 234

13.5.5    COMPETITIVE BENCHMARKING            235

TABLE 282         PET FOOD INGREDIENTS MARKET: COMPETITIVE BENCHMARKING OF OTHER PLAYERS  235

13.6       COMPETITIVE SCENARIO          236

13.6.1    PRODUCT LAUNCHES  236

TABLE 283         PET FOOD INGREDIENTS MARKET: PRODUCT LAUNCHES, 2019ؘ–2023          236

13.6.2    DEALS  237

TABLE 284         PET FOOD INGREDIENTS MARKET: DEALS, 2019–2023   237

13.6.3    OTHER DEVELOPMENTS           241

TABLE 285         PET FOOD INGREDIENTS MARKET: OTHER DEVELOPMENTS, 2019–2023          241

14          COMPANY PROFILES    244

(Business overview, Products/Services/Solutions offered, Recent developments & MnM View)*

14.1       KEY PLAYERS   244

14.1.1    BASF SE              244

TABLE 286         BASF SE: BUSINESS OVERVIEW 244

FIGURE 73         BASF SE: COMPANY SNAPSHOT 245

TABLE 287         BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 245

TABLE 288         BASF SE: DEALS 246

TABLE 289         BASF SE: OTHER DEVELOPMENTS         247

14.1.2    DARLING INGREDIENTS INC     248

TABLE 290         DARLING INGREDIENTS INC: BUSINESS OVERVIEW       248

FIGURE 74         DARLING INGREDIENTS INC: COMPANY SNAPSHOT     249

TABLE 291         DARLING INGREDIENTS INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED   249

TABLE 292         DARLING INGREDIENTS INC: DEALS     251

14.1.3    CARGILL, INCORPORATED        253

TABLE 293         CARGILL, INCORPORATED: BUSINESS OVERVIEW          253

FIGURE 75         CARGILL, INCORPORATED: COMPANY SNAPSHOT        253

TABLE 294         CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED   254

TABLE 295         CARGILL, INCORPORATED: PRODUCT LAUNCHES        255

TABLE 296         CARGILL, INCORPORATED: OTHER DEVELOPMENTS   255

14.1.4    INGREDION      257

TABLE 297         INGREDION: BUSINESS OVERVIEW        257

FIGURE 76         INGREDION: COMPANY SNAPSHOT      258

TABLE 298         INGREDION: PRODUCTS/SOLUTIONS/SERVICES OFFERED              259

TABLE 299         INGREDION: OTHER DEVELOPMENTS  259

14.1.5    DSM      261

TABLE 300         DSM: BUSINESS OVERVIEW       261

FIGURE 77         DSM: COMPANY SNAPSHOT      262

TABLE 301         DSM: PRODUCTS/SOLUTIONS/SERVICES OFFERED       262

TABLE 302         DSM: DEALS     263

TABLE 303         DSM: OTHER DEVELOPMENTS 263

14.1.6    OMEGA PROTEIN CORPORATION          265

TABLE 304         OMEGA PROTEIN CORPORATION: BUSINESS OVERVIEW              265

TABLE 305         OMEGA PROTEIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   265

14.1.7    ADM     267

TABLE 306         ADM: BUSINESS OVERVIEW       267

FIGURE 78         ADM: COMPANY SNAPSHOT     268

TABLE 307         ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED      268

TABLE 308         ADM: DEALS     269

TABLE 309         ADM: OTHER DEVELOPMENTS 270

14.1.8    KEMIN INDUSTRIES, INC            271

TABLE 310         KEMIN INDUSTRIES, INC: BUSINESS OVERVIEW 271

TABLE 311         KEMIN INDUSTRIES, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          272

TABLE 312         KEMIN INDUSTRIES, INC: DEALS            272

TABLE 313         KEMIN INDUSTRIES, INC: OTHER DEVELOPMENTS       273

14.1.9    CHR. HANSEN HOLDING A/S     274

TABLE 314         CHR. HANSEN HOLDING A/S: BUSINESS OVERVIEW       274

FIGURE 79         CHR. HANSEN HOLDING A/S: COMPANY SNAPSHOT     275

TABLE 315         CHR. HANSEN HOLDING A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED   275

TABLE 316         CHR. HANSEN HOLDING A/S: PRODUCT LAUNCHES     276

14.1.10  ROQUETTE FRÈRES      277

TABLE 317         ROQUETTE FRÈRES: BUSINESS OVERVIEW         277

TABLE 318         ROQUETTE FRÈRES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          277

TABLE 319         ROQUETTE FRÈRES: DEALS       278

14.1.11  THE SCOULAR COMPANY          279

TABLE 320         THE SCOULAR COMPANY: BUSINESS OVERVIEW            279

TABLE 321         THE SCOULAR COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          279

TABLE 322         THE SCOULAR COMPANY: DEALS          280

TABLE 323         THE SCOULAR COMPANY: OTHER DEVELOPMENTS     281

14.1.12  SYMRISE            282

TABLE 324         SYMRISE: BUSINESS OVERVIEW 282

FIGURE 80         SYMRISE: COMPANY SNAPSHOT            283

TABLE 325         SYMRISE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 283

TABLE 326         SYMRISE: DEALS            284

TABLE 327         SYMRISE: OTHER DEVELOPMENTS        285

14.1.13  MOWI   286

TABLE 328         MOWI: BUSINESS OVERVIEW     286

FIGURE 81         MOWI: COMPANY SNAPSHOT   286

TABLE 329         MOWI: PRODUCTS/SOLUTIONS/SERVICES OFFERED    287

14.1.14  LALLEMAND INC           288

TABLE 330         LALLEMAND INC: BUSINESS OVERVIEW             288

TABLE 331         LALLEMAND INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          289

TABLE 332         LALLEMAND INC: PRODUCT LAUNCHES            290

TABLE 333         LALLEMAND INC: DEALS           291

TABLE 334         LALLEMAND INC: OTHER DEVELOPMENTS       291

14.1.15  PHILEO BY LESAFFRE   293

TABLE 335         PHILEO BY LESAFFRE: BUSINESS OVERVIEW     293

TABLE 336         PHILEO BY LESAFFRE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          294

TABLE 337         PHILEO BY LESAFFRE: DEALS   294

14.2       OTHER PLAYERS           295

14.2.1    3D CORPORATE SOLUTIONS    295

TABLE 338         3D CORPORATE SOLUTIONS: BUSINESS OVERVIEW       295

TABLE 339         3D CORPORATE SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED   295

TABLE 340         3D CORPORATE SOLUTIONS: DEALS     296

14.2.2    HYDRITE CHEMICAL    297

TABLE 341         HYDRITE CHEMICAL: BUSINESS OVERVIEW       297

TABLE 342         HYDRITE CHEMICAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED          297

TABLE 343         HYDRITE CHEMICAL: PRODUCT LAUNCHES     298

14.2.3    AFB INTERNATIONAL   299

TABLE 344         AFB INTERNATIONAL: BUSINESS OVERVIEW     299

TABLE 345         AFB INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED          299

TABLE 346         AFB INTERNATIONAL: OTHER DEVELOPMENTS            300

14.2.4    GILLCO INGREDIENTS 301

TABLE 347         GILLCO INGREDIENTS: BUSINESS OVERVIEW   301

TABLE 348         GILLCO INGREDIENTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          302

TABLE 349         GILLCO INGREDIENTS: DEALS 302

14.2.5    SARIA INTERNATIONAL GMBH 303

TABLE 350         SARIA INTERNATIONAL GMBH: BUSINESS OVERVIEW   303

TABLE 351         SARIA INTERNATIONAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED   303

14.2.6    GREEN SOURCE ORGANICS       305

TABLE 352         GREEN SOURCE ORGANICS: BUSINESS OVERVIEW         305

14.2.7    BIORIGIN           307

TABLE 353         BIORIGIN: BUSINESS OVERVIEW            307

14.2.8    ZINPRO              308

TABLE 354         ZINPRO: BUSINESS OVERVIEW  308

14.2.9    APS PHOENIX LLC         309

TABLE 355         APS PHOENIX LLC: BUSINESS OVERVIEW           309

14.2.10  LABUDDE GROUP, INC 310

TABLE 356         LABUDDE GROUP, INC: BUSINESS OVERVIEW   310

*Details on Business overview, Products/Services/Solutions offered, Recent developments & MnM View might not be captured in case of unlisted companies.

15          ADJACENT AND RELATED MARKETS     311

15.1       INTRODUCTION            311

TABLE 357         ADJACENT MARKETS TO PET FOOD INGREDIENTS MARKET              311

15.2       LIMITATIONS   311

15.3       WET PET FOOD MARKET           311

15.3.1    MARKET DEFINITION   311

15.3.2    MARKET OVERVIEW     312

TABLE 358         WET PET FOOD MARKET, BY PET, 2019–2022 (USD MILLION)              312

TABLE 359         WET PET FOOD MARKET, BY PET, 2023–2028 (USD MILLION)              312

15.4       PROBIOTICS IN ANIMAL FEED MARKET             313

15.4.1    MARKET DEFINITION   313

15.4.2    MARKET OVERVIEW     313

TABLE 360         PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE, 2019–2022 (USD MILLION) 313

TABLE 361         PROBIOTICS IN ANIMAL FEED MARKET, BY SOURCE, 2023–2028 (USD MILLION) 313

16          APPENDIX         314

16.1       DISCUSSION GUIDE      314

16.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             318

16.3       CUSTOMIZATION OPTIONS      320

16.4       RELATED REPORTS       320

16.5       AUTHOR DETAILS         321