Wednesday, February 16, 2022

How big is the market for Pet Food Ingredients?

Europe was responsible for a close 27% share of the market. The existence of advanced economies, a greater percentage of pet possession, and the inclination of the customer to additionally expand on pet care are some of the most important motivating reasons for the development of the pet food industry. As stated by the European Pet Food Industry Federation (FEDIAF), above 80 million family circles throughout Europe possess, in any case, single pets. The regional market is ruled by cat food products due to the greater possession of cats.

Europe is having a population of decorative birds and dogs of 49.8 and 84.9 million respectively in the general pet population of Europe. The existence of almost 132 manufacturing firms of pet food together with 200 manufacturing amenities marks Europe as an actual competitive market for the companies of pet food ingredients.

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Companies:

Some of the important companies for the pet food ingredients market are Kemin Industries, Lallemand, Inc., Diana Pet Food, DuPont Nutrition & Health, American Dehydrated Foods, Inc., AFB International, and Food Safe Technologies.

Additional notable companies are Nutriara Alimentos Ltda, Procter & Gamble Co., Colgate-Palmolive Co., Agrolimen SA, Nestle S.A., Marc Inc., John Point on & Sons Ltd., Darling Ingredients Inc., The Scoular Company, Koninklijke DSM N.V., Archer Daniels Midland Company, Omega Protein Corporation, Roquette Frères, Ingredion Incorporated, E. I. Du Pont De Nemours and Company and BASF SE.

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